Asterisk (TSE:6522) PB Ratio: 5.96 (As of Jul. 19, 2026) — 116% Above Median

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Director of Data and Quant Analytics at GuruFocus
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TSE:6522 Asterisk Inc TSE:6522
55 GF Score
Price 円1,308.00
GF Value 円406.89
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Asterisk PB Ratio?

Asterisk TSE:6522 -12.74% 55 PB Ratio is 5.96 as of Jul. 19, 2026, which is 116% above its 10-year median of 2.76. GuruFocus rates TSE:6522 with a GF Score™ of 55/100 and a GF Value™ of 円406.89 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,419 Hardware companies, Asterisk ranks worse than 82.47% 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 (2026-07-19), Asterisk's share price is 円1308.00. Asterisk's Book Value per Share for the quarter that ended in Feb. 2026 was 円219.36. Hence, Asterisk's PB Ratio of today is 5.96.

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

TSE:6522' s PB Ratio Range Over the Past 10 Years
Min: 1.55   Med: 2.76   Max: 72.55
Current: 5.96

During the past 7 years, Asterisk's highest PB Ratio was 72.55. The lowest was 1.55. And the median was 2.76.

TSE:6522's PB Ratio is ranked worse than
82.47% of 2419 companies
in the Hardware industry
Industry Median: 2.19 vs TSE:6522: 5.96

During the past 12 months, Asterisk's average Book Value Per Share Growth Rate was -7.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -8.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 37.40% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Asterisk was 103.20% per year. The lowest was -8.90% per year. And the median was 62.75% per year.

Back to Basics: PB Ratio


Asterisk  (TSE:6522) 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.


Asterisk PB Ratio Related Terms


Asterisk PB Ratio Historical Data

* Premium members only.

The historical data trend for Asterisk'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.

Asterisk PB Ratio Chart

Asterisk Annual Data
Trend Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
PB Ratio
Get a 7-Day Free Trial 0.00 4.84 3.26 2.21 1.89

Asterisk Semi-Annual Data
Aug19 Aug20 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.78 2.21 1.85 1.89 1.91

TSE:6522 vs CSCO, CIEN, MSI: PB Ratio Comparison

For the Communication Equipment subindustry, Asterisk'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.


Asterisk PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Asterisk's PB Ratio distribution charts can be found below:

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


TSE:6522
55GF Score
Asterisk Inc TSE:6522
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asterisk 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Feb. 2026)
=1308.00/219.362
=5.96

* 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 5.96 mean?
Asterisk (TSE:6522) has a PB Ratio of 5.96 as of Jul. 19, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Asterisk and its competitors. This is 116% above median its historical median of 2.76. Over the past decade, Asterisk's PB Ratio has ranged from 1.55 to 72.55. According to the industry distribution chart, Asterisk ranks #1995 out of 2419 companies in the Hardware industry, placing it in the top 82.5%.
Is Asterisk's PB Ratio too high?
Asterisk's current PB Ratio of 5.96 is 116% above median its 10-year median of 2.76. Over the past 10 years, this metric has ranged from a low of 1.55 to a high of 72.55. The Hardware industry median PB Ratio is 2.19. Asterisk's value of 5.96 is 172.1% above this industry median. Based on the distribution chart, Asterisk ranks #1995 out of 2419 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Asterisk has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asterisk's PB Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Asterisk ranks #1995 out of 2419 companies for PB Ratio. This places Asterisk in the lower half of its industry. The industry median PB Ratio is 2.19. Asterisk's value of 5.96 is 172.1% above this benchmark. Historically, Asterisk's own PB Ratio has ranged from 1.55 to 72.55 over the past decade. While the company's 10-year median is 2.76 vs. the industry median of 2.19, Asterisk 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 Hardware company?
The median PB Ratio among Hardware companies is 2.19, based on 2,419 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. Asterisk's current PB Ratio of 5.96 is 172.1% 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 Asterisk and its competitors. For the Hardware industry, the median PB Ratio is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asterisk's current PB Ratio is 5.96, which is 116% above median its own 10-year median of 2.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asterisk stock overvalued right now?
Based on GuruFocus' analysis, Asterisk (TSE:6522) is currently considered Significantly Overvalued. The stock's GF Value™ is 円406.89, compared to a current price of 円1,308.00 — trading 221.5% above its estimated fair value. The current PB Ratio is 5.96, which is 116% above median its 10-year median of 2.76 and 172.1% above the Hardware industry median of 2.19. Asterisk's overall GF Score™ is 55/100 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 Asterisk (TSE:6522), the current PB Ratio is 5.96 as of Jul. 19, 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 Asterisk (TSE:6522) Overvalued in 2026?

Based on GuruFocus' analysis, Asterisk stock appears to be overvalued. The current stock price of 円1,308.00 is trading 221.5% above its estimated GF Value™ of 円406.89. GuruFocus considers Asterisk to be Significantly Overvalued.

Key valuation signals for TSE:6522:

  • PB Ratio: 5.96 (116% above median its 10-year median of 2.76)
  • GF Value™: 円406.89 vs. price of 円1,308.00 (221.5% above fair value)
  • GF Score™: 55/100 with 4 warning signs
  • Industry Position: 172.1% above the Hardware median (#1995 of 2419)

No single metric tells the full story. See the TSE:6522 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asterisk Business Description

Address 2-2-1 Kikawanishi, AsTech Osaka Building, Yodogawa-ku, Osaka, JPN, 532-0013
Asterisk Inc is predominantly engaged in the manufacturing, development, and sales of RFID readers and barcode scanners that utilize mobile smartphones, as well as the development and sales of management systems that utilize image recognition technologies. The company's reportable segments are AsReader Business, System Integration Business, and Rental Business. The majority of its revenue is generated from the AsReader Business, which develops and sells hardware and software products and offers services that utilize its proprietary image recognition and AI technologies. The various products offered under this segment include barcode readers, RFID readers, image recognition products, wireless communication and infrared products, and others under the brand name AsReader (Asterisk Reader).
55GF Score

Get the complete analysis for TSE:6522

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

円1,308.00
Price
円406.89
GF Value