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Marufuji Sheet Piling CoTSE:8046 +1.26%64 PB Ratio is 0.47 as of Jul. 21, 2026, which is 47% above its 10-year median of 0.32. GuruFocus rates TSE:8046 with a GF Score™ of 64/100 and a GF Value™ of 円668.70 (Significantly Overvalued). Among 610 Steel companies, Marufuji Sheet Piling Co ranks better than 78.69% on this metric.
The historical rank and industry rank for Marufuji Sheet Piling Co's PB Ratio or its related term are showing as below:
TSE:8046'
s PB Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.32 Max: 0.67
Current: 0.47
During the past 13 years, Marufuji Sheet Piling Co's highest PB Ratio was 0.67. The lowest was 0.22. And the median was 0.32.
TSE:8046's PB Ratio is ranked better than 78.69% of 610
companies
in the Steel industry
Industry Median: 0.96
vs TSE:8046: 0.47
During the past 12 months, Marufuji Sheet Piling Co's average Book Value Per Share Growth Rate was 9.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 6.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 2.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Marufuji Sheet Piling Co was 6.40% per year. The lowest was -0.70% per year. And the median was 1.90% per year.
Back to Basics: PB Ratio
Marufuji Sheet Piling Co (TSE:8046) 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.
* 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 Steel subindustry, Marufuji Sheet Piling 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.
Marufuji Sheet Piling Co PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Marufuji Sheet Piling Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Marufuji Sheet Piling 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.
Marufuji Sheet Piling Co (TSE:8046) has a PB Ratio of 0.47 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Marufuji Sheet Piling Co and its competitors. This is 47% above median its historical median of 0.32. Over the past decade, Marufuji Sheet Piling Co's PB Ratio has ranged from 0.22 to 0.67. According to the industry distribution chart, Marufuji Sheet Piling Co ranks #130 out of 610 companies in the Steel industry, placing it in the top 21.3%.
Is Marufuji Sheet Piling Co's PB Ratio too high?
Marufuji Sheet Piling Co's current PB Ratio of 0.47 is 47% above median its 10-year median of 0.32. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.67. The Steel industry median PB Ratio is 0.96. Marufuji Sheet Piling Co's value of 0.47 is 51% below this industry median. Based on the distribution chart, Marufuji Sheet Piling Co ranks #130 out of 610 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Marufuji Sheet Piling Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marufuji Sheet Piling Co's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Marufuji Sheet Piling Co ranks #130 out of 610 companies for PB Ratio. This places Marufuji Sheet Piling Co in the top 21% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.96. Marufuji Sheet Piling Co's value of 0.47 is 51% below this benchmark. Historically, Marufuji Sheet Piling Co's own PB Ratio has ranged from 0.22 to 0.67 over the past decade. While the company's 10-year median is 0.32 vs. the industry median of 0.96, Marufuji Sheet Piling 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 Steel company?
The median PB Ratio among Steel companies is 0.96, based on 610 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. Marufuji Sheet Piling Co's current PB Ratio of 0.47 is 51% 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 Marufuji Sheet Piling Co and its competitors. For the Steel industry, the median PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marufuji Sheet Piling Co's current PB Ratio is 0.47, which is 47% above median its own 10-year median of 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marufuji Sheet Piling Co stock overvalued right now?
Based on GuruFocus' analysis, Marufuji Sheet Piling Co (TSE:8046) is currently considered Significantly Overvalued. The stock's GF Value™ is 円668.70, compared to a current price of 円883.00 — trading 32% above its estimated fair value. The current PB Ratio is 0.47, which is 47% above median its 10-year median of 0.32 and 51% below the Steel industry median of 0.96. Marufuji Sheet Piling Co's overall GF Score™ is 64/100. 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 Marufuji Sheet Piling Co (TSE:8046), the current PB Ratio is 0.47 as of Jul. 21, 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 Marufuji Sheet Piling Co (TSE:8046) Overvalued in 2026?
Based on GuruFocus' analysis, Marufuji Sheet Piling Co stock appears to be overvalued.
The current stock price of 円883.00 is trading 32% above its estimated GF Value™ of 円668.70.
GuruFocus considers Marufuji Sheet Piling Co to be Significantly Overvalued.
Key valuation signals for TSE:8046:
PB Ratio: 0.47 (47% above median its 10-year median of 0.32)
GF Value™: 円668.70 vs. price of 円883.00 (32% above fair value)
Industry Position: 51% below the Steel median (#130 of 610)
No single metric tells the full story. See the TSE:8046 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marufuji Sheet Piling Co Ltd engages in the manufacture and sale of steel sheet piles, steel plates, and other steel products that include H-shaped steel, architectural steel processed products and reinforced soil wall products. The company offers sheet piles, lightweight steel sheet piles, and corner piles; H shape steel products; steel mountain abstraction products; steel retaining materials; gantry/pier related products; lining plates; and other steel products. It also provides temporary bridges, hat chucks, liner plates, simple holding products, guardrails, PC-ATM products, and two-tone bags, as well as various anchor type reinforced earth products.
64GF Score
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