Toyo Tanso Co (TSE:5310) PB Ratio: 1.49 (As of Jul. 23, 2026) — 64% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:5310 Toyo Tanso Co Ltd TSE:5310
84 GF Score
Price 円6,790.00
GF Value 円4,745.74
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Toyo Tanso Co PB Ratio?

Toyo Tanso Co TSE:5310 +0.74% 84 PB Ratio is 1.49 as of Jul. 23, 2026, which is 64% above its 10-year median of 0.91. GuruFocus rates TSE:5310 with a GF Score™ of 84/100 and a GF Value™ of 円4,745.74 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,982 Industrial Products companies, Toyo Tanso Co ranks better than 65.56% 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), Toyo Tanso Co's share price is 円6790.00. Toyo Tanso Co's Book Value per Share for the quarter that ended in Dec. 2025 was 円4,568.04. Hence, Toyo Tanso Co's PB Ratio of today is 1.49.

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

TSE:5310' s PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.91   Max: 2.06
Current: 1.49

During the past 13 years, Toyo Tanso Co's highest PB Ratio was 2.06. The lowest was 0.40. And the median was 0.91.

TSE:5310's PB Ratio is ranked better than
65.56% of 2982 companies
in the Industrial Products industry
Industry Median: 2.14 vs TSE:5310: 1.49

During the past 12 months, Toyo Tanso Co's average Book Value Per Share Growth Rate was 3.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Toyo Tanso Co was 36.00% per year. The lowest was -8.80% per year. And the median was 4.10% per year.

Back to Basics: PB Ratio


Toyo Tanso Co  (TSE:5310) 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.


Toyo Tanso Co PB Ratio Related Terms


Toyo Tanso Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Toyo Tanso 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.

Toyo Tanso Co PB Ratio Chart

Toyo Tanso Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 1.02 1.19 0.95 1.04

Toyo Tanso Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.90 1.11 0.96 1.04 1.11

TSE:5310 vs VRT, BE: PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Toyo Tanso 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.


Toyo Tanso Co PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Toyo Tanso Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Toyo Tanso Co's PB Ratio falls into.


TSE:5310
84GF Score
Toyo Tanso Co Ltd TSE:5310
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toyo Tanso 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.

Toyo Tanso Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=6790.00/4568.043
=1.49

* 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 1.49 mean?
Toyo Tanso Co (TSE:5310) has a PB Ratio of 1.49 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 Toyo Tanso Co and its competitors. This is 64% above median its historical median of 0.91. Over the past decade, Toyo Tanso Co's PB Ratio has ranged from 0.40 to 2.06. According to the industry distribution chart, Toyo Tanso Co ranks #1027 out of 2982 companies in the Industrial Products industry, placing it in the top 34.4%.
Is Toyo Tanso Co's PB Ratio too high?
Toyo Tanso Co's current PB Ratio of 1.49 is 64% above median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 2.06. The Industrial Products industry median PB Ratio is 2.14. Toyo Tanso Co's value of 1.49 is 30.4% below this industry median. Based on the distribution chart, Toyo Tanso Co ranks #1027 out of 2982 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Toyo Tanso Co has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toyo Tanso Co's PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Toyo Tanso Co ranks #1027 out of 2982 companies for PB Ratio. This puts Toyo Tanso Co in the upper half of its industry. The industry median PB Ratio is 2.14. Toyo Tanso Co's value of 1.49 is 30.4% below this benchmark. Historically, Toyo Tanso Co's own PB Ratio has ranged from 0.40 to 2.06 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 2.14, Toyo Tanso 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.14, based on 2,982 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. Toyo Tanso Co's current PB Ratio of 1.49 is 30.4% 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 Toyo Tanso Co and its competitors. For the Industrial Products industry, the median PB Ratio is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyo Tanso Co's current PB Ratio is 1.49, which is 64% above median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Tanso Co stock overvalued right now?
Based on GuruFocus' analysis, Toyo Tanso Co (TSE:5310) is currently considered Significantly Overvalued. The stock's GF Value™ is 円4,745.74, compared to a current price of 円6,790.00 — trading 43.1% above its estimated fair value. The current PB Ratio is 1.49, which is 64% above median its 10-year median of 0.91 and 30.4% below the Industrial Products industry median of 2.14. Toyo Tanso Co's overall GF Score™ is 84/100 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 Toyo Tanso Co (TSE:5310), the current PB Ratio is 1.49 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 Toyo Tanso Co (TSE:5310) Overvalued in 2026?

Based on GuruFocus' analysis, Toyo Tanso Co stock appears to be overvalued. The current stock price of 円6,790.00 is trading 43.1% above its estimated GF Value™ of 円4,745.74. GuruFocus considers Toyo Tanso Co to be Significantly Overvalued.

Key valuation signals for TSE:5310:

  • PB Ratio: 1.49 (64% above median its 10-year median of 0.91)
  • GF Value™: 円4,745.74 vs. price of 円6,790.00 (43.1% above fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 30.4% below the Industrial Products median (#1027 of 2982)

No single metric tells the full story. See the TSE:5310 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toyo Tanso Co Business Description

Other Exchanges T9T:Germany
Address Nishiyodogawa ku Takeshima 5-7-12, Osaka, JPN, 555-0011
Toyo Tanso Co Ltd is a Japanese corporation engaged in the manufacture of electronic materials such as special graphite and other carbon products which are employed in processes like single crystal silicon pulling furnaces, heaters, and metal-organic chemical vapor deposition devices. Its portfolio of carbon products includes bearings for pumps and compressors, sealing materials, pantograph sliders, automobile parts, carbon brushes and motor brushes. Toyo attends to various industries ranging from the living space to advanced aerospace and medical fields such as aerospace and medical care, especially solar cells, nuclear power and other environmental and energy fields.
84GF Score

Get the complete analysis for TSE:5310

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

円6,790.00
Price
円4,745.74
GF Value