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Two stone & SonsTSE:7352 +9.29%75 PB Ratio is 5.32 as of Jul. 15, 2026, which is 67% below its 10-year median of 16.11. GuruFocus rates TSE:7352 with a GF Score™ of 75/100 and a GF Value™ of 円1,436.54 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,048 Business Services companies, Two stone & Sons ranks worse than 88.26% 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 (2026-07-15), Two stone & Sons's share price is 円447.00. Two stone & Sons's Book Value per Share for the quarter that ended in Feb. 2026 was 円84.01. Hence, Two stone & Sons's PB Ratio of today is 5.32.
The historical rank and industry rank for Two stone & Sons's PB Ratio or its related term are showing as below:
TSE:7352'
s PB Ratio Range Over the Past 10 Years
Min: 4.06 Med: 16.11 Max: 85.43
Current: 5.31
During the past 8 years, Two stone & Sons's highest PB Ratio was 85.43. The lowest was 4.06. And the median was 16.11.
TSE:7352's PB Ratio is ranked worse than 88.26% of 1048
companies
in the Business Services industry
Industry Median: 1.66
vs TSE:7352: 5.31
During the past 12 months, Two stone & Sons's average Book Value Per Share Growth Rate was 7.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 63.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 49.70% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Two stone & Sons was 68.20% per year. The lowest was 20.70% per year. And the median was 47.80% 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.
Two stone & Sons PB Ratio Related Terms
Two stone & Sons PB Ratio Historical Data
* Premium members only.
The historical data trend for Two stone & Sons'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 Specialty Business Services subindustry, Two stone & Sons'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.
Two stone & Sons PB Ratio vs Business Services Industry
For the Business Services industry and Industrials sector, Two stone & Sons's PB Ratio distribution charts can be found below:
* The bar in red indicates where Two stone & Sons'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.
Two stone & Sons (TSE:7352) has a PB Ratio of 5.32 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Two stone & Sons and its competitors. This is 67% below median its historical median of 16.11. Over the past decade, Two stone & Sons' PB Ratio has ranged from 4.06 to 85.43. According to the industry distribution chart, Two stone & Sons ranks #925 out of 1048 companies in the Business Services industry, placing it in the top 88.3%.
Is Two stone & Sons' PB Ratio too high?
Two stone & Sons' current PB Ratio of 5.32 is 67% below median its 10-year median of 16.11. Over the past 10 years, this metric has ranged from a low of 4.06 to a high of 85.43. The Business Services industry median PB Ratio is 1.66. Two stone & Sons' value of 5.32 is 220.5% above this industry median. Based on the distribution chart, Two stone & Sons ranks #925 out of 1048 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Two stone & Sons has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Two stone & Sons' PB Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Two stone & Sons ranks #925 out of 1048 companies for PB Ratio. This places Two stone & Sons in the lower half of its industry. The industry median PB Ratio is 1.66. Two stone & Sons' value of 5.32 is 220.5% above this benchmark. Historically, Two stone & Sons' own PB Ratio has ranged from 4.06 to 85.43 over the past decade. While the company's 10-year median is 16.11 vs. the industry median of 1.66, Two stone & Sons 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 Business Services company?
The median PB Ratio among Business Services companies is 1.66, based on 1,048 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. Two stone & Sons's current PB Ratio of 5.32 is 220.5% 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 Two stone & Sons and its competitors. For the Business Services industry, the median PB Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Two stone & Sons's current PB Ratio is 5.32, which is 67% below median its own 10-year median of 16.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Two stone & Sons stock overvalued right now?
Based on GuruFocus' analysis, Two stone & Sons (TSE:7352) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,436.54, compared to a current price of 円447.00 — trading 68.9% below its estimated fair value. The current PB Ratio is 5.32, which is 67% below median its 10-year median of 16.11 and 220.5% above the Business Services industry median of 1.66. Two stone & Sons' overall GF Score™ is 75/100 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 Two stone & Sons (TSE:7352), the current PB Ratio is 5.32 as of Jul. 15, 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 Two stone & Sons (TSE:7352) Overvalued in 2026?
Based on GuruFocus' analysis, Two stone & Sons stock appears to be undervalued.
The current stock price of 円447.00 is trading 68.9% below its estimated GF Value™ of 円1,436.54.
GuruFocus considers Two stone & Sons to be Significantly Undervalued.
Key valuation signals for TSE:7352:
PB Ratio: 5.32 (67% below median its 10-year median of 16.11)
GF Value™: 円1,436.54 vs. price of 円447.00 (68.9% below fair value)
Industry Position: 220.5% above the Business Services median (#925 of 1048)
No single metric tells the full story. See the TSE:7352 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Two stone & Sons Inc is an engineering company providing engineering resources to companies, media businesses, and programming school businesses. The company develops services such as in-house media management and client solutions such as contract development.
75GF Score
Get the complete analysis for TSE:7352
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