MRT (TSE:6034) PB Ratio: 0.76 (As of Jul. 31, 2026) — 78% Below Median

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TSE:6034 MRT Inc TSE:6034
63 GF Score
Price 円631.00
GF Value 円625.35
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is MRT PB Ratio?

MRT TSE:6034 +0.64% 63 PB Ratio is 0.76 as of Jul. 31, 2026, which is 78% below its 10-year median of 3.48. GuruFocus rates TSE:6034 with a GF Score™ of 63/100 and a GF Value™ of 円625.35 (Fairly Valued). The stock has 4 warning signs investors should review. Among 608 Healthcare Providers & Services companies, MRT ranks better than 87.17% 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 (2026-07-31), MRT's share price is 円631.00. MRT's Book Value per Share for the quarter that ended in Mar. 2026 was 円832.27. Hence, MRT's PB Ratio of today is 0.76.

Good Sign:

MRT Inc stock PB Ratio (=0.75) is close to 10-year low of 0.74.

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

TSE:6034' s PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 3.48   Max: 9.97
Current: 0.76

During the past 12 years, MRT's highest PB Ratio was 9.97. The lowest was 0.74. And the median was 3.48.

TSE:6034's PB Ratio is ranked better than
87.17% of 608 companies
in the Healthcare Providers & Services industry
Industry Median: 2.03 vs TSE:6034: 0.76

During the past 12 months, MRT's average Book Value Per Share Growth Rate was 9.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 24.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 18.90% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of MRT was 74.90% per year. The lowest was -0.20% per year. And the median was 21.00% per year.

Back to Basics: PB Ratio


MRT  (TSE:6034) 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.


MRT PB Ratio Related Terms


MRT PB Ratio Historical Data

* Premium members only.

The historical data trend for MRT'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.

MRT PB Ratio Chart

MRT Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.53 2.08 1.11 0.85 0.74

MRT Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.91 0.92 0.88 0.74 0.74

TSE:6034 vs HCA, THC, DVA: PB Ratio Comparison

For the Medical Care Facilities subindustry, MRT'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.


MRT PB Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, MRT's PB Ratio distribution charts can be found below:

* The bar in red indicates where MRT's PB Ratio falls into.


TSE:6034
63GF Score
MRT Inc TSE:6034
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MRT 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.

MRT's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=631.00/832.273
=0.76

* 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 0.76 mean?
MRT (TSE:6034) has a PB Ratio of 0.76 as of Jul. 31, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on MRT and its competitors. This is 78% below median its historical median of 3.48. Over the past decade, MRT's PB Ratio has ranged from 0.74 to 9.97. According to the industry distribution chart, MRT ranks #78 out of 608 companies in the Healthcare Providers & Services industry, placing it in the top 12.8%.
Is MRT's PB Ratio too high?
MRT's current PB Ratio of 0.76 is 78% below median its 10-year median of 3.48. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 9.97. The Healthcare Providers & Services industry median PB Ratio is 2.03. MRT's value of 0.76 is 62.6% below this industry median. Based on the distribution chart, MRT ranks #78 out of 608 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, MRT has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MRT's PB Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, MRT ranks #78 out of 608 companies for PB Ratio. This places MRT in the top 13% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.03. MRT's value of 0.76 is 62.6% below this benchmark. Historically, MRT's own PB Ratio has ranged from 0.74 to 9.97 over the past decade. While the company's 10-year median is 3.48 vs. the industry median of 2.03, MRT 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 Healthcare Providers & Services company?
The median PB Ratio among Healthcare Providers & Services companies is 2.03, based on 608 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. MRT's current PB Ratio of 0.76 is 62.6% 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 MRT and its competitors. For the Healthcare Providers & Services industry, the median PB Ratio is 2.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MRT's current PB Ratio is 0.76, which is 78% below median its own 10-year median of 3.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MRT stock overvalued right now?
Based on GuruFocus' analysis, MRT (TSE:6034) is currently considered Fairly Valued. The stock's GF Value™ is 円625.35, compared to a current price of 円631.00 — trading 0.9% above its estimated fair value. The current PB Ratio is 0.76, which is 78% below median its 10-year median of 3.48 and 62.6% below the Healthcare Providers & Services industry median of 2.03. MRT's overall GF Score™ is 63/100 with 4 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 MRT (TSE:6034), the current PB Ratio is 0.76 as of Jul. 31, 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 MRT (TSE:6034) Overvalued in 2026?

Based on GuruFocus' analysis, MRT stock appears to be overvalued. The current stock price of 円631.00 is trading 0.9% above its estimated GF Value™ of 円625.35. GuruFocus considers MRT to be Fairly Valued.

Key valuation signals for TSE:6034:

  • PB Ratio: 0.76 (78% below median its 10-year median of 3.48)
  • GF Value™: 円625.35 vs. price of 円631.00 (0.9% above fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 62.6% below the Healthcare Providers & Services median (#78 of 608)

No single metric tells the full story. See the TSE:6034 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MRT Business Description

Address 1-18-2 Jinnan, 3rd Floor, Frame Jinnanzaka, Shibuya-ku, Tokyo, JPN, 150-0041
MRT Inc engages in the business of medical personnel placement services through the Internet. It provides part-time and full-time physician referral services through the physician referral site, as well as part-time job referral, job change introduction services to nurses, pharmacists, clinical laboratory technicians, clinical engineers, and radiologists. Further, the company engages in the research and development of analytical and analytical methods for various biological samples, such as microorganisms, blood, proteins, and genes; and research and development, manufacture, and sale of medical and medical examination equipment, and analytical instruments.
63GF Score

Get the complete analysis for TSE:6034

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

円631.00
Price
円625.35
GF Value