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Sincere CoTSE:7782 +1.52%73 PB Ratio is 1.10 as of Jul. 22, 2026, which is 31% below its 10-year median of 1.59. GuruFocus rates TSE:7782 with a GF Score™ of 73/100 and a GF Value™ of 円684.87 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 786 Medical Devices & Instruments companies, Sincere Co ranks better than 75.7% 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 (2026-07-22), Sincere Co's share price is 円467.00. Sincere Co's Book Value per Share for the quarter that ended in Dec. 2025 was 円423.57. Hence, Sincere Co's PB Ratio of today is 1.10.
The historical rank and industry rank for Sincere Co's PB Ratio or its related term are showing as below:
TSE:7782'
s PB Ratio Range Over the Past 10 Years
Min: 0.83 Med: 1.59 Max: 3.98
Current: 1.11
During the past 12 years, Sincere Co's highest PB Ratio was 3.98. The lowest was 0.83. And the median was 1.59.
TSE:7782's PB Ratio is ranked better than 75.7% of 786
companies
in the Medical Devices & Instruments industry
Industry Median: 2.05
vs TSE:7782: 1.11
During the past 12 months, Sincere Co's average Book Value Per Share Growth Rate was 2.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 11.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 7.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.90% per year.
During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Sincere Co was 11.00% per year. The lowest was -2.60% per year. And the median was 3.50% 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.
Sincere Co PB Ratio Related Terms
Sincere Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Sincere 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 Medical Instruments & Supplies subindustry, Sincere 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.
Sincere Co PB Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Sincere Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Sincere 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.
Sincere 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.
Sincere Co (TSE:7782) has a PB Ratio of 1.10 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Sincere Co and its competitors. This is 31% below median its historical median of 1.59. Over the past decade, Sincere Co's PB Ratio has ranged from 0.83 to 3.98. According to the industry distribution chart, Sincere Co ranks #191 out of 786 companies in the Medical Devices & Instruments industry, placing it in the top 24.3%.
Is Sincere Co's PB Ratio too high?
Sincere Co's current PB Ratio of 1.10 is 31% below median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 3.98. The Medical Devices & Instruments industry median PB Ratio is 2.05. Sincere Co's value of 1.10 is 46.3% below this industry median. Based on the distribution chart, Sincere Co ranks #191 out of 786 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Sincere Co has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sincere Co's PB Ratio compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Sincere Co ranks #191 out of 786 companies for PB Ratio. This places Sincere Co in the top 24% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.05. Sincere Co's value of 1.10 is 46.3% below this benchmark. Historically, Sincere Co's own PB Ratio has ranged from 0.83 to 3.98 over the past decade. While the company's 10-year median is 1.59 vs. the industry median of 2.05, Sincere 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 Medical Devices & Instruments company?
The median PB Ratio among Medical Devices & Instruments companies is 2.05, based on 786 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. Sincere Co's current PB Ratio of 1.10 is 46.3% 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 Sincere Co and its competitors. For the Medical Devices & Instruments industry, the median PB Ratio is 2.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sincere Co's current PB Ratio is 1.10, which is 31% below median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sincere Co stock overvalued right now?
Based on GuruFocus' analysis, Sincere Co (TSE:7782) is currently considered Significantly Undervalued. The stock's GF Value™ is 円684.87, compared to a current price of 円467.00 — trading 31.8% below its estimated fair value. The current PB Ratio is 1.10, which is 31% below median its 10-year median of 1.59 and 46.3% below the Medical Devices & Instruments industry median of 2.05. Sincere Co's overall GF Score™ is 73/100 with 2 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 Sincere Co (TSE:7782), the current PB Ratio is 1.10 as of Jul. 22, 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 Sincere Co (TSE:7782) Overvalued in 2026?
Based on GuruFocus' analysis, Sincere Co stock appears to be undervalued.
The current stock price of 円467.00 is trading 31.8% below its estimated GF Value™ of 円684.87.
GuruFocus considers Sincere Co to be Significantly Undervalued.
Key valuation signals for TSE:7782:
PB Ratio: 1.10 (31% below median its 10-year median of 1.59)
GF Value™: 円684.87 vs. price of 円467.00 (31.8% below fair value)
Industry Position: 46.3% below the Medical Devices & Instruments median (#191 of 786)
No single metric tells the full story. See the TSE:7782 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sincere Co Ltd is a Japanese firm engaged in the manufacturing and sale of contact lens.As a company that manufactures and sells contact lenses, which are high-regulated medical devices, it place the highest priority on product safety and quality control, while working closely with company's customers to develop a variety-of-products and sell them at affordable prices to please as many customers as possible. The company opperates domestically as well as internationally.
73GF Score
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