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.
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.
Japan Eyewear Holdings CoTSE:5889 -3.85%14 PB Ratio is 3.07 as of Jul. 21, 2026, which is 4% below its 10-year median of 3.20. GuruFocus rates TSE:5889 with a GF Score™ of 14/100. The stock has 6 warning signs investors should review. Among 786 Medical Devices & Instruments companies, Japan Eyewear Holdings Co ranks worse than 65.27% on this metric.
Japan Eyewear Holdings Co Ltd stock PB Ratio (=3.07) is close to 1-year high of 3.37.
The historical rank and industry rank for Japan Eyewear Holdings Co's PB Ratio or its related term are showing as below:
TSE:5889'
s PB Ratio Range Over the Past 10 Years
Min: 2.37 Med: 3.2 Max: 6.34
Current: 3.07
During the past 6 years, Japan Eyewear Holdings Co's highest PB Ratio was 6.34. The lowest was 2.37. And the median was 3.20.
TSE:5889's PB Ratio is ranked worse than 65.27% of 786
companies
in the Medical Devices & Instruments industry
Industry Median: 2.005
vs TSE:5889: 3.07
During the past 12 months, Japan Eyewear Holdings Co's average Book Value Per Share Growth Rate was 11.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 56.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 55.40% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Japan Eyewear Holdings Co was 81.10% per year. The lowest was 55.10% per year. And the median was 56.90% per year.
Back to Basics: PB Ratio
Japan Eyewear Holdings Co (TSE:5889) 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.
Japan Eyewear Holdings Co PB Ratio Related Terms
Japan Eyewear Holdings 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 Medical Instruments & Supplies subindustry, Japan Eyewear 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.
Japan Eyewear Holdings Co PB Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Japan Eyewear Holdings Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Japan Eyewear Holdings 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.
Japan Eyewear Holdings Co (TSE:5889) has a PB Ratio of 3.07 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 Japan Eyewear Holdings Co and its competitors. This is near median its historical median of 3.20. Over the past decade, Japan Eyewear Holdings Co's PB Ratio has ranged from 2.37 to 6.34. According to the industry distribution chart, Japan Eyewear Holdings Co ranks #513 out of 786 companies in the Medical Devices & Instruments industry, placing it in the top 65.3%.
Is Japan Eyewear Holdings Co's PB Ratio too high?
Japan Eyewear Holdings Co's current PB Ratio of 3.07 is near median its 10-year median of 3.20. Over the past 10 years, this metric has ranged from a low of 2.37 to a high of 6.34. The Medical Devices & Instruments industry median PB Ratio is 2.01. Japan Eyewear Holdings Co's value of 3.07 is 53.1% above this industry median. Based on the distribution chart, Japan Eyewear Holdings Co ranks #513 out of 786 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Japan Eyewear Holdings Co has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Japan Eyewear Holdings Co's PB Ratio compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Japan Eyewear Holdings Co ranks #513 out of 786 companies for PB Ratio. This places Japan Eyewear Holdings Co in the lower half of its industry. The industry median PB Ratio is 2.01. Japan Eyewear Holdings Co's value of 3.07 is 53.1% above this benchmark. Historically, Japan Eyewear Holdings Co's own PB Ratio has ranged from 2.37 to 6.34 over the past decade. While the company's 10-year median is 3.20 vs. the industry median of 2.01, Japan Eyewear 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 Medical Devices & Instruments company?
The median PB Ratio among Medical Devices & Instruments companies is 2.01, based on 786 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. Japan Eyewear Holdings Co's current PB Ratio of 3.07 is 53.1% 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 Japan Eyewear Holdings Co and its competitors. For the Medical Devices & Instruments industry, the median PB Ratio is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Eyewear Holdings Co's current PB Ratio is 3.07, which is near median its own 10-year median of 3.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Eyewear Holdings Co stock overvalued right now?
Japan Eyewear Holdings Co (TSE:5889) has a current PB Ratio of 3.07. The current PB Ratio is 3.07, which is near median its 10-year median of 3.20 and 53.1% above the Medical Devices & Instruments industry median of 2.01. Japan Eyewear Holdings Co's overall GF Score™ is 14/100 with 6 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 Japan Eyewear Holdings Co (TSE:5889), the current PB Ratio is 3.07 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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:5889 has been successfully added to your 
