Adjuvant Holdings Co (TSE:4929) PB Ratio: 1.41 (As of Jul. 23, 2026) — 16% Below Median

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TSE:4929 Adjuvant Holdings Co Ltd TSE:4929
59 GF Score
Price 円743.00
GF Value 円734.45
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Adjuvant Holdings Co PB Ratio?

Adjuvant Holdings Co TSE:4929 -0.93% 59 PB Ratio is 1.41 as of Jul. 23, 2026, which is 16% below its 10-year median of 1.67. GuruFocus rates TSE:4929 with a GF Score™ of 59/100 and a GF Value™ of 円734.45 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,900 Consumer Packaged Goods companies, Adjuvant Holdings Co ranks worse than 52.21% 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), Adjuvant Holdings Co's share price is 円743.00. Adjuvant Holdings Co's Book Value per Share for the quarter that ended in Mar. 2026 was 円527.32. Hence, Adjuvant Holdings Co's PB Ratio of today is 1.41.

Good Sign:

Adjuvant Holdings Co Ltd stock PB Ratio (=1.38) is close to 10-year low of 1.36.

The historical rank and industry rank for Adjuvant Holdings Co's PB Ratio or its related term are showing as below:

TSE:4929' s PB Ratio Range Over the Past 10 Years
Min: 1.36   Med: 1.67   Max: 2.46
Current: 1.41

During the past 13 years, Adjuvant Holdings Co's highest PB Ratio was 2.46. The lowest was 1.36. And the median was 1.67.

TSE:4929's PB Ratio is ranked worse than
52.21% of 1900 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs TSE:4929: 1.41

During the past 12 months, Adjuvant Holdings Co's average Book Value Per Share Growth Rate was 1.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Adjuvant Holdings Co was 18.10% per year. The lowest was -4.60% per year. And the median was 0.60% per year.

Back to Basics: PB Ratio


Adjuvant Holdings Co  (TSE:4929) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Adjuvant Holdings Co PB Ratio Related Terms


Adjuvant Holdings Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Adjuvant Holdings Co'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.

Adjuvant Holdings Co PB Ratio Chart

Adjuvant Holdings Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.05 1.72 1.72 1.54 1.42

Adjuvant Holdings Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.72 1.58 1.54 1.51 1.42

TSE:4929 vs PG, CL, KVUE: PB Ratio Comparison

For the Household & Personal Products subindustry, Adjuvant Holdings 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.


Adjuvant Holdings Co PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Adjuvant Holdings Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Adjuvant Holdings Co's PB Ratio falls into.


TSE:4929
59GF Score
Adjuvant Holdings Co Ltd TSE:4929
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Adjuvant Holdings Co PB Ratio Calculation

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.

Adjuvant Holdings Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=743.00/527.32
=1.41

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.41 mean?
Adjuvant Holdings Co (TSE:4929) has a PB Ratio of 1.41 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 Adjuvant Holdings Co and its competitors. This is 16% below median its historical median of 1.67. Over the past decade, Adjuvant Holdings Co's PB Ratio has ranged from 1.36 to 2.46. According to the industry distribution chart, Adjuvant Holdings Co ranks #992 out of 1900 companies in the Consumer Packaged Goods industry, placing it in the top 52.2%.
Is Adjuvant Holdings Co's PB Ratio too high?
Adjuvant Holdings Co's current PB Ratio of 1.41 is 16% below median its 10-year median of 1.67. Over the past 10 years, this metric has ranged from a low of 1.36 to a high of 2.46. The Consumer Packaged Goods industry median PB Ratio is 1.34. Adjuvant Holdings Co's value of 1.41 is 5.2% above this industry median. Based on the distribution chart, Adjuvant Holdings Co ranks #992 out of 1900 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Adjuvant Holdings Co has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Adjuvant Holdings Co's PB Ratio compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Adjuvant Holdings Co ranks #992 out of 1900 companies for PB Ratio. This places Adjuvant Holdings Co in the lower half of its industry. The industry median PB Ratio is 1.34. Adjuvant Holdings Co's value of 1.41 is 5.2% above this benchmark. Historically, Adjuvant Holdings Co's own PB Ratio has ranged from 1.36 to 2.46 over the past decade. While the company's 10-year median is 1.67 vs. the industry median of 1.34, Adjuvant Holdings Co 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 Consumer Packaged Goods company?
The median PB Ratio among Consumer Packaged Goods companies is 1.34, based on 1,900 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. Adjuvant Holdings Co's current PB Ratio of 1.41 is 5.2% 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 Adjuvant Holdings Co and its competitors. For the Consumer Packaged Goods industry, the median PB Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adjuvant Holdings Co's current PB Ratio is 1.41, which is 16% below median its own 10-year median of 1.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adjuvant Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Adjuvant Holdings Co (TSE:4929) is currently considered Fairly Valued. The stock's GF Value™ is 円734.45, compared to a current price of 円743.00 — trading 1.2% above its estimated fair value. The current PB Ratio is 1.41, which is 16% below median its 10-year median of 1.67 and 5.2% above the Consumer Packaged Goods industry median of 1.34. Adjuvant Holdings Co's overall GF Score™ is 59/100 with 2 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 Adjuvant Holdings Co (TSE:4929), the current PB Ratio is 1.41 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 Adjuvant Holdings Co (TSE:4929) Overvalued in 2026?

Based on GuruFocus' analysis, Adjuvant Holdings Co stock appears to be overvalued. The current stock price of 円743.00 is trading 1.2% above its estimated GF Value™ of 円734.45. GuruFocus considers Adjuvant Holdings Co to be Fairly Valued.

Key valuation signals for TSE:4929:

  • PB Ratio: 1.41 (16% below median its 10-year median of 1.67)
  • GF Value™: 円734.45 vs. price of 円743.00 (1.2% above fair value)
  • GF Score™: 59/100 with 2 warning signs
  • Industry Position: 5.2% above the Consumer Packaged Goods median (#992 of 1900)

No single metric tells the full story. See the TSE:4929 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Adjuvant Holdings Co Business Description

Address 5-5-5 Shimoyamatedori, Chuo-ku, Hyogo Prefecture, Kobe City, JPN, 650-0011
Adjuvant Holdings Co Ltd, formerly Adjuvant Cosme Japan Co Ltd is engaged in the research, development, production, and sale of cosmetics in Japan. It offers skin care products, including cleansing products, facial cleansers, lotions, beauty essences, masks, moisturizing creams, makeup bases, makeup, and body care products among other products.
59GF Score

Get the complete analysis for TSE:4929

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円743.00
Price
円734.45
GF Value