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Cluster Technology CoTSE:4240 +1.61%74 PB Ratio is 1.03 as of Jul. 22, 2026, which is 38% below its 10-year median of 1.65. GuruFocus rates TSE:4240 with a GF Score™ of 74/100 and a GF Value™ of 円429.70 (Modestly Undervalued). Among 2,418 Hardware companies, Cluster Technology Co ranks better than 78.45% on this metric.
Cluster Technology Co Ltd stock PB Ratio (=1.04) is close to 1-year low of 1.01.
The historical rank and industry rank for Cluster Technology Co's PB Ratio or its related term are showing as below:
TSE:4240'
s PB Ratio Range Over the Past 10 Years
Min: 0.72 Med: 1.65 Max: 4.38
Current: 1.03
During the past 13 years, Cluster Technology Co's highest PB Ratio was 4.38. The lowest was 0.72. And the median was 1.65.
TSE:4240's PB Ratio is ranked better than 78.45% of 2418
companies
in the Hardware industry
Industry Median: 2.205
vs TSE:4240: 1.03
During the past 12 months, Cluster Technology Co's average Book Value Per Share Growth Rate was 6.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 5.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Cluster Technology Co was 5.50% per year. The lowest was -13.40% per year. And the median was 1.45% per year.
Back to Basics: PB Ratio
Cluster Technology Co (TSE:4240) PB Ratio Explanation
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.
* 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 Electronic Components subindustry, Cluster Technology Co'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.
Cluster Technology Co PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Cluster Technology Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Cluster Technology Co'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.
* 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.
Cluster Technology Co (TSE:4240) has a PB Ratio of 1.03 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Cluster Technology Co and its competitors. This is 38% below median its historical median of 1.65. Over the past decade, Cluster Technology Co's PB Ratio has ranged from 0.72 to 4.38. According to the industry distribution chart, Cluster Technology Co ranks #521 out of 2418 companies in the Hardware industry, placing it in the top 21.5%.
Is Cluster Technology Co's PB Ratio too high?
Cluster Technology Co's current PB Ratio of 1.03 is 38% below median its 10-year median of 1.65. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 4.38. The Hardware industry median PB Ratio is 2.21. Cluster Technology Co's value of 1.03 is 53.3% below this industry median. Based on the distribution chart, Cluster Technology Co ranks #521 out of 2418 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Cluster Technology Co has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cluster Technology Co's PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Cluster Technology Co ranks #521 out of 2418 companies for PB Ratio. This places Cluster Technology Co in the top 22% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.21. Cluster Technology Co's value of 1.03 is 53.3% below this benchmark. Historically, Cluster Technology Co's own PB Ratio has ranged from 0.72 to 4.38 over the past decade. While the company's 10-year median is 1.65 vs. the industry median of 2.21, Cluster Technology Co has consistently been below 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 Hardware company?
The median PB Ratio among Hardware companies is 2.21, based on 2,418 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. Cluster Technology Co's current PB Ratio of 1.03 is 53.3% below 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 Cluster Technology Co and its competitors. For the Hardware industry, the median PB Ratio is 2.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cluster Technology Co's current PB Ratio is 1.03, which is 38% below median its own 10-year median of 1.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cluster Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Cluster Technology Co (TSE:4240) is currently considered Modestly Undervalued. The stock's GF Value™ is 円429.70, compared to a current price of 円316.00 — trading 26.5% below its estimated fair value. The current PB Ratio is 1.03, which is 38% below median its 10-year median of 1.65 and 53.3% below the Hardware industry median of 2.21. Cluster Technology Co's overall GF Score™ is 74/100. 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 Cluster Technology Co (TSE:4240), the current PB Ratio is 1.03 as of Jul. 22, 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 Cluster Technology Co (TSE:4240) Overvalued in 2026?
Based on GuruFocus' analysis, Cluster Technology Co stock appears to be undervalued.
The current stock price of 円316.00 is trading 26.5% below its estimated GF Value™ of 円429.70.
GuruFocus considers Cluster Technology Co to be Modestly Undervalued.
Key valuation signals for TSE:4240:
PB Ratio: 1.03 (38% below median its 10-year median of 1.65)
GF Value™: 円429.70 vs. price of 円316.00 (26.5% below fair value)
Industry Position: 53.3% below the Hardware median (#521 of 2418)
No single metric tells the full story. See the TSE:4240 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cluster Technology Co Ltd develops and manufactures composite materials and Nano-micromachining including metal mold making. It also manufactures and sale molding dies, plastic molding materials. Its nanotechnology/microtechnology business products include sensor holders for autofocus of digital single lens reflex cameras, peripheral parts of image sensors, base parts of inkjet heads.
74GF Score
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