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Mitsuboshi BeltingTSE:5192 +0.88%91 PB Ratio is 1.11 as of Jul. 21, 2026, which is 6% above its 10-year median of 1.05. GuruFocus rates TSE:5192 with a GF Score™ of 91/100 and a GF Value™ of 円4,386.98 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,979 Industrial Products companies, Mitsuboshi Belting ranks better than 74.69% on this metric.
Mitsuboshi Belting Ltd stock PB Ratio (=1.11) is close to 3-year low of 1.
The historical rank and industry rank for Mitsuboshi Belting's PB Ratio or its related term are showing as below:
TSE:5192'
s PB Ratio Range Over the Past 10 Years
Min: 0.45 Med: 1.05 Max: 1.54
Current: 1.11
During the past 13 years, Mitsuboshi Belting's highest PB Ratio was 1.54. The lowest was 0.45. And the median was 1.05.
TSE:5192's PB Ratio is ranked better than 74.69% of 2979
companies
in the Industrial Products industry
Industry Median: 2.1
vs TSE:5192: 1.11
During the past 12 months, Mitsuboshi Belting's average Book Value Per Share Growth Rate was 7.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 5.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 6.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Mitsuboshi Belting was 16.00% per year. The lowest was -8.30% per year. And the median was 7.70% per year.
Back to Basics: PB Ratio
Mitsuboshi Belting (TSE:5192) 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.
Mitsuboshi Belting PB Ratio Related Terms
Mitsuboshi Belting PB Ratio Historical Data
* Premium members only.
The historical data trend for Mitsuboshi Belting'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 Industrial Machinery subindustry, Mitsuboshi Belting'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.
Mitsuboshi Belting PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mitsuboshi Belting's PB Ratio distribution charts can be found below:
* The bar in red indicates where Mitsuboshi Belting'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.
Mitsuboshi Belting (TSE:5192) has a PB Ratio of 1.11 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Mitsuboshi Belting and its competitors. This is near median its historical median of 1.05. Over the past decade, Mitsuboshi Belting's PB Ratio has ranged from 0.45 to 1.54. According to the industry distribution chart, Mitsuboshi Belting ranks #754 out of 2979 companies in the Industrial Products industry, placing it in the top 25.3%.
Is Mitsuboshi Belting's PB Ratio too high?
Mitsuboshi Belting's current PB Ratio of 1.11 is near median its 10-year median of 1.05. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 1.54. The Industrial Products industry median PB Ratio is 2.10. Mitsuboshi Belting's value of 1.11 is 47.1% below this industry median. Based on the distribution chart, Mitsuboshi Belting ranks #754 out of 2979 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Mitsuboshi Belting has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mitsuboshi Belting's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Mitsuboshi Belting ranks #754 out of 2979 companies for PB Ratio. This puts Mitsuboshi Belting in the upper half of its industry. The industry median PB Ratio is 2.10. Mitsuboshi Belting's value of 1.11 is 47.1% below this benchmark. Historically, Mitsuboshi Belting's own PB Ratio has ranged from 0.45 to 1.54 over the past decade. While the company's 10-year median is 1.05 vs. the industry median of 2.10, Mitsuboshi Belting 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.10, based on 2,979 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. Mitsuboshi Belting's current PB Ratio of 1.11 is 47.1% 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 Mitsuboshi Belting and its competitors. For the Industrial Products industry, the median PB Ratio is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsuboshi Belting's current PB Ratio is 1.11, which is near median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsuboshi Belting stock overvalued right now?
Based on GuruFocus' analysis, Mitsuboshi Belting (TSE:5192) is currently considered Fairly Valued. The stock's GF Value™ is 円4,386.98, compared to a current price of 円4,030.00 — trading 8.1% below its estimated fair value. The current PB Ratio is 1.11, which is near median its 10-year median of 1.05 and 47.1% below the Industrial Products industry median of 2.10. Mitsuboshi Belting's overall GF Score™ is 91/100 with 3 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 Mitsuboshi Belting (TSE:5192), the current PB Ratio is 1.11 as of Jul. 21, 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 Mitsuboshi Belting (TSE:5192) Overvalued in 2026?
Based on GuruFocus' analysis, Mitsuboshi Belting stock appears to be undervalued.
The current stock price of 円4,030.00 is trading 8.1% below its estimated GF Value™ of 円4,386.98.
GuruFocus considers Mitsuboshi Belting to be Fairly Valued.
Key valuation signals for TSE:5192:
PB Ratio: 1.11 (near median its 10-year median of 1.05)
GF Value™: 円4,386.98 vs. price of 円4,030.00 (8.1% below fair value)
Industry Position: 47.1% below the Industrial Products median (#754 of 2979)
No single metric tells the full story. See the TSE:5192 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mitsuboshi Belting Ltd is involved in the business of Power transmission belts and related products, Conveyor belts and systems and related products, Engineering plastics, Engineering structural foam, Waterproofing and Watershielding sheet, Metal nanoparticle related products. Its products include automobile and motorcycle transmission belts, general industrial transmission belts, pulleys, conveyer belts, systems, engineering plastic materials and processed products, waterproofing materials for construction etc.
91GF Score
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