Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Tokyo Board Industries Co Ltd stock PB Ratio (=1.4) is close to 2-year high of 1.4.
The historical rank and industry rank for Tokyo Board Industries Co's PB Ratio or its related term are showing as below:
TSE:7815'
s PB Ratio Range Over the Past 10 Years
Min: 0.25 Med: 0.77 Max: 2.54
Current: 1.3
During the past 11 years, Tokyo Board Industries Co's highest PB Ratio was 2.54. The lowest was 0.25. And the median was 0.77.
TSE:7815's PB Ratio is ranked worse than 74.17% of 271
companies
in the Forest Products industry
Industry Median: 0.78
vs TSE:7815: 1.30
During the past 12 months, Tokyo Board Industries Co's average Book Value Per Share Growth Rate was -26.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -31.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -22.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -7.90% per year.
During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Tokyo Board Industries Co was 24.70% per year. The lowest was -31.80% per year. And the median was -7.85% per year.
Back to Basics: PB Ratio
Tokyo Board Industries Co (TSE:7815) PB Ratio Explanation
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.
Tokyo Board Industries Co PB Ratio Related Terms
Tokyo Board Industries Co PB Ratio Historical Data
* 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 Lumber & Wood Production subindustry, Tokyo Board Industries 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.
Tokyo Board Industries Co PB Ratio vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Tokyo Board Industries Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Tokyo Board Industries 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.
* 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.
Tokyo Board Industries Co (TSE:7815) has a PB Ratio of 1.30 as of Jul. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tokyo Board Industries Co and its competitors. This is 69% above median its historical median of 0.77. Over the past decade, Tokyo Board Industries Co's PB Ratio has ranged from 0.25 to 2.54. According to the industry distribution chart, Tokyo Board Industries Co ranks #201 out of 271 companies in the Forest Products industry, placing it in the top 74.2%.
Is Tokyo Board Industries Co's PB Ratio too high?
Tokyo Board Industries Co's current PB Ratio of 1.30 is 69% above median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 2.54. The Forest Products industry median PB Ratio is 0.78. Tokyo Board Industries Co's value of 1.30 is 66.7% above this industry median. Based on the distribution chart, Tokyo Board Industries Co ranks #201 out of 271 companies in the Forest Products industry, which is below the industry midpoint. Overall, Tokyo Board Industries Co has a GF Score™ of 38/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Board Industries Co's PB Ratio compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Tokyo Board Industries Co ranks #201 out of 271 companies for PB Ratio. This places Tokyo Board Industries Co in the lower half of its industry. The industry median PB Ratio is 0.78. Tokyo Board Industries Co's value of 1.30 is 66.7% above this benchmark. Historically, Tokyo Board Industries Co's own PB Ratio has ranged from 0.25 to 2.54 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 0.78, Tokyo Board Industries Co 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 Forest Products company?
The median PB Ratio among Forest Products companies is 0.78, based on 271 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. Tokyo Board Industries Co's current PB Ratio of 1.30 is 66.7% 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 Tokyo Board Industries Co and its competitors. For the Forest Products industry, the median PB Ratio is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Board Industries Co's current PB Ratio is 1.30, which is 69% above median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Board Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Board Industries Co (TSE:7815) is currently considered Fairly Valued. The stock's GF Value™ is 円296.18, compared to a current price of 円305.00 — trading 3% above its estimated fair value. The current PB Ratio is 1.30, which is 69% above median its 10-year median of 0.77 and 66.7% above the Forest Products industry median of 0.78. Tokyo Board Industries Co's overall GF Score™ is 38/100 with 5 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 Tokyo Board Industries Co (TSE:7815), the current PB Ratio is 1.30 as of Jul. 29, 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 Tokyo Board Industries Co (TSE:7815) Overvalued in 2026?
Based on GuruFocus' analysis, Tokyo Board Industries Co stock appears to be overvalued.
The current stock price of 円305.00 is trading 3% above its estimated GF Value™ of 円296.18.
GuruFocus considers Tokyo Board Industries Co to be Fairly Valued.
Key valuation signals for TSE:7815:
PB Ratio: 1.30 (69% above median its 10-year median of 0.77)
GF Value™: 円296.18 vs. price of 円305.00 (3% above fair value)
Industry Position: 66.7% above the Forest Products median (#201 of 271)
No single metric tells the full story. See the TSE:7815 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokyo Board Industries Co Ltd is engaged in the manufacture and sale of particleboard. Its operating segments include Particle board; Waste collection, transportation & processing; and Others.
38GF Score
Get the complete analysis for TSE:7815
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:7815 has been successfully added to your 
