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Nippon Gear CoTSE:6356 +0.31%71 PB Ratio is 1.24 as of Sep. 04, 2026, which is 82% above its 10-year median of 0.68. GuruFocus rates TSE:6356 with a GF Score™ of 71/100 and a GF Value™ of 円590.21 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,299 Vehicles & Parts companies, Nippon Gear Co ranks better than 54.58% 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 (2026-09-04), Nippon Gear Co's share price is 円1303.00. Nippon Gear Co's Book Value per Share for the quarter that ended in Mar. 2026 was 円1,049.50. Hence, Nippon Gear Co's PB Ratio of today is 1.24.
The historical rank and industry rank for Nippon Gear Co's PB Ratio or its related term are showing as below:
TSE:6356'
s PB Ratio Range Over the Past 10 Years
Min: 0.37 Med: 0.68 Max: 2.03
Current: 1.24
During the past 13 years, Nippon Gear Co's highest PB Ratio was 2.03. The lowest was 0.37. And the median was 0.68.
TSE:6356's PB Ratio is ranked better than 54.58% of 1299
companies
in the Vehicles & Parts industry
Industry Median: 1.4
vs TSE:6356: 1.24
During the past 12 months, Nippon Gear Co's average Book Value Per Share Growth Rate was 15.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 15.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 11.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 6.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nippon Gear Co was 15.30% per year. The lowest was 2.80% per year. And the median was 5.10% per year.
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.
Nippon Gear Co PB Ratio Related Terms
Nippon Gear Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Nippon Gear 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.
For the Auto Parts subindustry, Nippon Gear 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.
Nippon Gear Co PB Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Nippon Gear Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Nippon Gear 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.
Nippon Gear Co's PB Ratio for today is calculated as follows:
* 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.
Nippon Gear Co (TSE:6356) has a PB Ratio of 1.24 as of Sep. 04, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Nippon Gear Co and its competitors. This is 82% above median its historical median of 0.68. Over the past decade, Nippon Gear Co's PB Ratio has ranged from 0.37 to 2.03. According to the industry distribution chart, Nippon Gear Co ranks #590 out of 1299 companies in the Vehicles & Parts industry, placing it in the top 45.4%.
Is Nippon Gear Co's PB Ratio too high?
Nippon Gear Co's current PB Ratio of 1.24 is 82% above median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 2.03. The Vehicles & Parts industry median PB Ratio is 1.40. Nippon Gear Co's value of 1.24 is 11.4% below this industry median. Based on the distribution chart, Nippon Gear Co ranks #590 out of 1299 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Nippon Gear Co has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Gear Co's PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Nippon Gear Co ranks #590 out of 1299 companies for PB Ratio. This puts Nippon Gear Co in the upper half of its industry. The industry median PB Ratio is 1.40. Nippon Gear Co's value of 1.24 is 11.4% below this benchmark. Historically, Nippon Gear Co's own PB Ratio has ranged from 0.37 to 2.03 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 1.40, Nippon Gear 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 a Vehicles & Parts company?
The median PB Ratio among Vehicles & Parts companies is 1.40, based on 1,299 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. Nippon Gear Co's current PB Ratio of 1.24 is 11.4% 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 Nippon Gear Co and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Gear Co's current PB Ratio is 1.24, which is 82% above median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Gear Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Gear Co (TSE:6356) is currently considered Significantly Overvalued. The stock's GF Value™ is 円590.21, compared to a current price of 円1,303.00 — trading 120.8% above its estimated fair value. The current PB Ratio is 1.24, which is 82% above median its 10-year median of 0.68 and 11.4% below the Vehicles & Parts industry median of 1.40. Nippon Gear Co's overall GF Score™ is 71/100 with 1 warning sign 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 Nippon Gear Co (TSE:6356), the current PB Ratio is 1.24 as of Sep. 04, 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 Nippon Gear Co (TSE:6356) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Gear Co stock appears to be overvalued.
The current stock price of 円1,303.00 is trading 120.8% above its estimated GF Value™ of 円590.21.
GuruFocus considers Nippon Gear Co to be Significantly Overvalued.
Key valuation signals for TSE:6356:
PB Ratio: 1.24 (82% above median its 10-year median of 0.68)
GF Value™: 円590.21 vs. price of 円1,303.00 (120.8% above fair value)
Industry Position: 11.4% below the Vehicles & Parts median (#590 of 1299)
No single metric tells the full story. See the TSE:6356 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Gear Co Ltd is engaged in the design, production, and sale of valve actuators, high-speed gear drivers, mixers, screw jacks, monitoring equipment, data communication equipment, control equipment, and software. It offers valve actuators for a range of applications in petroleum, nuclear, generating plants, and water/sewer pipelines; jacks for use in lifting/lowering, inclines, pulling, opening/closing, adjustment, and holding; gear drives for power plant, chemical plant, wastewater treatment plant, and other applications; and gears for automotive, railroad, industrial machine, and other industries.
71GF Score
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