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Rasa IndustriesTSE:4022 +1.65%70 PB Ratio is 2.42 as of Jul. 23, 2026, which is 188% above its 10-year median of 0.84. GuruFocus rates TSE:4022 with a GF Score™ of 70/100 and a GF Value™ of 円610.03 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,575 Chemicals companies, Rasa Industries ranks worse than 65.84% on this metric.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-23), Rasa Industries's share price is 円1973.00. Rasa Industries's Book Value per Share for the quarter that ended in Mar. 2026 was 円815.11. Hence, Rasa Industries's PB Ratio of today is 2.42.
The historical rank and industry rank for Rasa Industries's PB Ratio or its related term are showing as below:
TSE:4022'
s PB Ratio Range Over the Past 10 Years
Min: 0.54 Med: 0.84 Max: 2.82
Current: 2.42
During the past 13 years, Rasa Industries's highest PB Ratio was 2.82. The lowest was 0.54. And the median was 0.84.
TSE:4022's PB Ratio is ranked worse than 65.84% of 1575
companies
in the Chemicals industry
Industry Median: 1.66
vs TSE:4022: 2.42
During the past 12 months, Rasa Industries's average Book Value Per Share Growth Rate was 14.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 11.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 12.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 13.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Rasa Industries was 19.10% per year. The lowest was -32.90% per year. And the median was 11.90% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Rasa Industries PB Ratio Related Terms
Rasa Industries PB Ratio Historical Data
* Premium members only.
The historical data trend for Rasa Industries's PB Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Specialty Chemicals subindustry, Rasa Industries's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Rasa Industries PB Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Rasa Industries's PB Ratio distribution charts can be found below:
* The bar in red indicates where Rasa Industries's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Rasa Industries's PB Ratio for today is calculated as follows:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Rasa Industries (TSE:4022) has a PB Ratio of 2.42 as of Jul. 23, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Rasa Industries and its competitors. This is 188% above median its historical median of 0.84. Over the past decade, Rasa Industries' PB Ratio has ranged from 0.54 to 2.82. According to the industry distribution chart, Rasa Industries ranks #1037 out of 1575 companies in the Chemicals industry, placing it in the top 65.8%.
Is Rasa Industries' PB Ratio too high?
Rasa Industries' current PB Ratio of 2.42 is 188% above median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 2.82. The Chemicals industry median PB Ratio is 1.66. Rasa Industries' value of 2.42 is 45.8% above this industry median. Based on the distribution chart, Rasa Industries ranks #1037 out of 1575 companies in the Chemicals industry, which is below the industry midpoint. Overall, Rasa Industries has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rasa Industries' PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Rasa Industries ranks #1037 out of 1575 companies for PB Ratio. This places Rasa Industries in the lower half of its industry. The industry median PB Ratio is 1.66. Rasa Industries' value of 2.42 is 45.8% above this benchmark. Historically, Rasa Industries' own PB Ratio has ranged from 0.54 to 2.82 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 1.66, Rasa Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Chemicals company?
The median PB Ratio among Chemicals companies is 1.66, based on 1,575 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Rasa Industries's current PB Ratio of 2.42 is 45.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Rasa Industries and its competitors. For the Chemicals industry, the median PB Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rasa Industries's current PB Ratio is 2.42, which is 188% above median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rasa Industries stock overvalued right now?
Based on GuruFocus' analysis, Rasa Industries (TSE:4022) is currently considered Significantly Overvalued. The stock's GF Value™ is 円610.03, compared to a current price of 円1,973.00 — trading 223.4% above its estimated fair value. The current PB Ratio is 2.42, which is 188% above median its 10-year median of 0.84 and 45.8% above the Chemicals industry median of 1.66. Rasa Industries' overall GF Score™ is 70/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Rasa Industries (TSE:4022), the current PB Ratio is 2.42 as of Jul. 23, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Rasa Industries (TSE:4022) Overvalued in 2026?
Based on GuruFocus' analysis, Rasa Industries stock appears to be overvalued.
The current stock price of 円1,973.00 is trading 223.4% above its estimated GF Value™ of 円610.03.
GuruFocus considers Rasa Industries to be Significantly Overvalued.
Key valuation signals for TSE:4022:
PB Ratio: 2.42 (188% above median its 10-year median of 0.84)
GF Value™: 円610.03 vs. price of 円1,973.00 (223.4% above fair value)
Industry Position: 45.8% above the Chemicals median (#1037 of 1575)
No single metric tells the full story. See the TSE:4022 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rasa Industries Ltd is engaged in the chemicals, machinery, and electronic materials business. The chemicals division manufactures and sells basic chemicals based on phosphorus-based products. The machinery division provides various machines such as drilling, crushing, and sorting, and the Electronic materials division is engaged in the development of the electronics industry by supplying high-purity inorganic materials that are raw materials for compound semiconductors, as well as resist strippers and coating agents used in semiconductor and liquid crystal panel manufacturing processes.
70GF Score
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