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Toho Chemical Industry Co Ltd stock PB Ratio (=0.65) is close to 2-year low of 0.59.
The historical rank and industry rank for Toho Chemical Industry Co's PB Ratio or its related term are showing as below:
TSE:4409'
s PB Ratio Range Over the Past 10 Years
Min: 0.55 Med: 0.71 Max: 1.66
Current: 0.65
During the past 13 years, Toho Chemical Industry Co's highest PB Ratio was 1.66. The lowest was 0.55. And the median was 0.71.
TSE:4409's PB Ratio is ranked better than 85.27% of 1575
companies
in the Chemicals industry
Industry Median: 1.63
vs TSE:4409: 0.65
During the past 12 months, Toho Chemical Industry Co's average Book Value Per Share Growth Rate was 14.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 10.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 9.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 9.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Toho Chemical Industry Co was 10.80% per year. The lowest was 0.00% per year. And the median was 8.50% per year.
Back to Basics: PB Ratio
Toho Chemical Industry Co (TSE:4409) 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.
Toho Chemical Industry Co PB Ratio Related Terms
Toho Chemical Industry Co PB Ratio Historical Data
* 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, Toho Chemical Industry 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.
Toho Chemical Industry Co PB Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Toho Chemical Industry Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Toho Chemical Industry 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.
Toho Chemical Industry Co (TSE:4409) has a PB Ratio of 0.65 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 Toho Chemical Industry Co and its competitors. This is near median its historical median of 0.71. Over the past decade, Toho Chemical Industry Co's PB Ratio has ranged from 0.55 to 1.66. According to the industry distribution chart, Toho Chemical Industry Co ranks #232 out of 1575 companies in the Chemicals industry, placing it in the top 14.7%.
Is Toho Chemical Industry Co's PB Ratio too high?
Toho Chemical Industry Co's current PB Ratio of 0.65 is near median its 10-year median of 0.71. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 1.66. The Chemicals industry median PB Ratio is 1.63. Toho Chemical Industry Co's value of 0.65 is 60.1% below this industry median. Based on the distribution chart, Toho Chemical Industry Co ranks #232 out of 1575 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Toho Chemical Industry Co has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toho Chemical Industry Co's PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Toho Chemical Industry Co ranks #232 out of 1575 companies for PB Ratio. This places Toho Chemical Industry Co in the top 15% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.63. Toho Chemical Industry Co's value of 0.65 is 60.1% below this benchmark. Historically, Toho Chemical Industry Co's own PB Ratio has ranged from 0.55 to 1.66 over the past decade. While the company's 10-year median is 0.71 vs. the industry median of 1.63, Toho Chemical Industry 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 Chemicals company?
The median PB Ratio among Chemicals companies is 1.63, 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. Toho Chemical Industry Co's current PB Ratio of 0.65 is 60.1% 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 Toho Chemical Industry Co and its competitors. For the Chemicals industry, the median PB Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toho Chemical Industry Co's current PB Ratio is 0.65, which is near median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toho Chemical Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Toho Chemical Industry Co (TSE:4409) is currently considered Modestly Overvalued. The stock's GF Value™ is 円626.87, compared to a current price of 円739.00 — trading 17.9% above its estimated fair value. The current PB Ratio is 0.65, which is near median its 10-year median of 0.71 and 60.1% below the Chemicals industry median of 1.63. Toho Chemical Industry Co's overall GF Score™ is 60/100 with 5 warning signs 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 Toho Chemical Industry Co (TSE:4409), the current PB Ratio is 0.65 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 Toho Chemical Industry Co (TSE:4409) Overvalued in 2026?
Based on GuruFocus' analysis, Toho Chemical Industry Co stock appears to be overvalued.
The current stock price of 円739.00 is trading 17.9% above its estimated GF Value™ of 円626.87.
GuruFocus considers Toho Chemical Industry Co to be Modestly Overvalued.
Key valuation signals for TSE:4409:
PB Ratio: 0.65 (near median its 10-year median of 0.71)
GF Value™: 円626.87 vs. price of 円739.00 (17.9% above fair value)
Industry Position: 60.1% below the Chemicals median (#232 of 1575)
No single metric tells the full story. See the TSE:4409 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toho Chemical Industry Co Ltd is engaged in the chemical business. Its product lines are surfactants, specialty chemicals, resins, and industrial chemicals. Some of its products are chemicals for textiles, detergents, pharmaceutical formulations, and others. The company serves a range of industries from daily consumables to high-tech products industries.
60GF Score
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