Kato Works Co (TSE:6390) PB Ratio: 0.35 (As of Aug. 05, 2026) — Near Median

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TSE:6390 Kato Works Co Ltd TSE:6390
57 GF Score
Price 円1,323.00
GF Value 円1,345.60
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Kato Works Co PB Ratio?

Kato Works Co TSE:6390 -0.53% 57 PB Ratio is 0.35 as of Aug. 05, 2026, which is 3% above its 10-year median of 0.34. GuruFocus rates TSE:6390 with a GF Score™ of 57/100 and a GF Value™ of 円1,345.60 (Fairly Valued). The stock has 6 warning signs investors should review. Among 203 Farm & Heavy Construction Machinery companies, Kato Works Co ranks better than 96.06% 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 (2026-08-05), Kato Works Co's share price is 円1323.00. Kato Works Co's Book Value per Share for the quarter that ended in Mar. 2026 was 円3,796.35. Hence, Kato Works Co's PB Ratio of today is 0.35.

Good Sign:

Kato Works Co Ltd stock PB Ratio (=0.35) is close to 1-year low of 0.32.

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

TSE:6390' s PB Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.34   Max: 0.82
Current: 0.35

During the past 13 years, Kato Works Co's highest PB Ratio was 0.82. The lowest was 0.18. And the median was 0.34.

TSE:6390's PB Ratio is ranked better than
96.06% of 203 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.54 vs TSE:6390: 0.35

During the past 12 months, Kato Works Co's average Book Value Per Share Growth Rate was -0.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -1.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Kato Works Co was 12.30% per year. The lowest was -9.10% per year. And the median was 2.20% per year.

Back to Basics: PB Ratio


Kato Works Co  (TSE:6390) 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.


Kato Works Co PB Ratio Related Terms


Kato Works Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Kato Works 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.

Kato Works Co PB Ratio Chart

Kato Works Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.27 0.36 0.33 0.36

Kato Works Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 0.33 0.35 0.38 0.34 0.36

TSE:6390 vs CAT, DE, PCAR: PB Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Kato Works 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.


Kato Works Co PB Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Kato Works Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Kato Works Co's PB Ratio falls into.


TSE:6390
57GF Score
Kato Works Co Ltd TSE:6390
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kato Works 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.

Kato Works Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=1323.00/3796.353
=0.35

* 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 0.35 mean?
Kato Works Co (TSE:6390) has a PB Ratio of 0.35 as of Aug. 05, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Kato Works Co and its competitors. This is near median its historical median of 0.34. Over the past decade, Kato Works Co's PB Ratio has ranged from 0.18 to 0.82. According to the industry distribution chart, Kato Works Co ranks #8 out of 203 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 3.9%.
Is Kato Works Co's PB Ratio too high?
Kato Works Co's current PB Ratio of 0.35 is near median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.82. The Farm & Heavy Construction Machinery industry median PB Ratio is 1.54. Kato Works Co's value of 0.35 is 77.3% below this industry median. Based on the distribution chart, Kato Works Co ranks #8 out of 203 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Kato Works Co has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kato Works Co's PB Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Kato Works Co ranks #8 out of 203 companies for PB Ratio. This places Kato Works Co in the top 4% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.54. Kato Works Co's value of 0.35 is 77.3% below this benchmark. Historically, Kato Works Co's own PB Ratio has ranged from 0.18 to 0.82 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 1.54, Kato Works 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 Farm & Heavy Construction Machinery company?
The median PB Ratio among Farm & Heavy Construction Machinery companies is 1.54, based on 203 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. Kato Works Co's current PB Ratio of 0.35 is 77.3% 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 Kato Works Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median PB Ratio is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kato Works Co's current PB Ratio is 0.35, which is near median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kato Works Co stock overvalued right now?
Based on GuruFocus' analysis, Kato Works Co (TSE:6390) is currently considered Fairly Valued. The stock's GF Value™ is 円1,345.60, compared to a current price of 円1,323.00 — trading 1.7% below its estimated fair value. The current PB Ratio is 0.35, which is near median its 10-year median of 0.34 and 77.3% below the Farm & Heavy Construction Machinery industry median of 1.54. Kato Works Co's overall GF Score™ is 57/100 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 Kato Works Co (TSE:6390), the current PB Ratio is 0.35 as of Aug. 05, 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 Kato Works Co (TSE:6390) Overvalued in 2026?

Based on GuruFocus' analysis, Kato Works Co stock appears to be undervalued. The current stock price of 円1,323.00 is trading 1.7% below its estimated GF Value™ of 円1,345.60. GuruFocus considers Kato Works Co to be Fairly Valued.

Key valuation signals for TSE:6390:

  • PB Ratio: 0.35 (near median its 10-year median of 0.34)
  • GF Value™: 円1,345.60 vs. price of 円1,323.00 (1.7% below fair value)
  • GF Score™: 57/100 with 6 warning signs
  • Industry Position: 77.3% below the Farm & Heavy Construction Machinery median (#8 of 203)

No single metric tells the full story. See the TSE:6390 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kato Works Co Business Description

Address 9-37, Higashi-ohi 1-chome, Shinagawa-ku, Tokyo, JPN, 140-0011
Kato Works Co Ltd is a Japan-based machinery manufacturer. The company is mainly engaged in the manufacturing and sales of machinery used for the lifting and construction industries. It offers various construction equipment, mobile cranes, and industrial equipment, including truck cranes, hydraulic excavators, rough terrain cranes, all-terrain cranes, crawler cranes, mini excavators, earth boring rigs, vacuum trucks, street sweepers, and snow sweepers. Kato also offers related spare parts and services. The group's reportable segments are Japan, which is its key revenue-generating market, China, Europe, and Others.
57GF Score

Get the complete analysis for TSE:6390

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

円1,323.00
Price
円1,345.60
GF Value