ASAX Co (TSE:8772) PB Ratio: 0.52 (As of Jul. 13, 2026) — Near Median


TSE:8772 ASAX Co Ltd TSE:8772
78 GF Score
Price 円826.00
GF Value 円977.87
Valuation Modestly Undervalued
! 3 Warning Signs
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What is ASAX Co PB Ratio?

ASAX Co TSE:8772 +0.73% 78 PB Ratio is 0.52 as of Jul. 13, 2026, which is 7% below its 10-year median of 0.56. GuruFocus rates TSE:8772 with a GF Score™ of 78/100 and a GF Value™ of 円977.87 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,520 Banks companies, ASAX Co ranks better than 87.24% 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 (2026-07-13), ASAX Co's share price is 円826.00. ASAX Co's Book Value per Share for the quarter that ended in Mar. 2026 was 円1,600.83. Hence, ASAX Co's PB Ratio of today is 0.52.

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

TSE:8772' s PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.56   Max: 0.68
Current: 0.52

During the past 13 years, ASAX Co's highest PB Ratio was 0.68. The lowest was 0.43. And the median was 0.56.

TSE:8772's PB Ratio is ranked better than
87.24% of 1520 companies
in the Banks industry
Industry Median: 1.1 vs TSE:8772: 0.52

During the past 12 months, ASAX Co's average Book Value Per Share Growth Rate was 7.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of ASAX Co was 8.20% per year. The lowest was 5.40% per year. And the median was 7.35% per year.

Back to Basics: PB Ratio


ASAX Co  (TSE:8772) 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.


ASAX Co PB Ratio Related Terms


ASAX Co PB Ratio Historical Data

* Premium members only.

The historical data trend for ASAX 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.

ASAX Co PB Ratio Chart

ASAX Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.45 0.56 0.47 0.51

ASAX Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.47 0.47 0.59 0.53 0.51

TSE:8772 vs RKT, FNMA, PFSI: PB Ratio Comparison

For the Mortgage Finance subindustry, ASAX 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.


ASAX Co PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, ASAX Co's PB Ratio distribution charts can be found below:

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


TSE:8772
78GF Score
ASAX Co Ltd TSE:8772
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ASAX Co 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.

ASAX Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=826.00/1600.831
=0.52

* 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 0.52 mean?
ASAX Co (TSE:8772) has a PB Ratio of 0.52 as of Jul. 13, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on ASAX Co and its competitors. This is near median its historical median of 0.56. Over the past decade, ASAX Co's PB Ratio has ranged from 0.43 to 0.68. According to the industry distribution chart, ASAX Co ranks #194 out of 1520 companies in the Banks industry, placing it in the top 12.8%.
Is ASAX Co's PB Ratio too high?
ASAX Co's current PB Ratio of 0.52 is near median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 0.68. The Banks industry median PB Ratio is 1.10. ASAX Co's value of 0.52 is 52.7% below this industry median. Based on the distribution chart, ASAX Co ranks #194 out of 1520 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, ASAX Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ASAX Co's PB Ratio compare to RKT and FNMA?
According to the Banks industry distribution chart, ASAX Co ranks #194 out of 1520 companies for PB Ratio. This places ASAX Co in the top 13% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.10. ASAX Co's value of 0.52 is 52.7% below this benchmark. Historically, ASAX Co's own PB Ratio has ranged from 0.43 to 0.68 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 1.10, ASAX 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 Banks company?
The median PB Ratio among Banks companies is 1.10, based on 1,520 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. ASAX Co's current PB Ratio of 0.52 is 52.7% 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 ASAX Co and its competitors. For the Banks industry, the median PB Ratio is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASAX Co's current PB Ratio is 0.52, which is near median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASAX Co stock overvalued right now?
Based on GuruFocus' analysis, ASAX Co (TSE:8772) is currently considered Modestly Undervalued. The stock's GF Value™ is 円977.87, compared to a current price of 円826.00 — trading 15.5% below its estimated fair value. The current PB Ratio is 0.52, which is near median its 10-year median of 0.56 and 52.7% below the Banks industry median of 1.10. ASAX Co's overall GF Score™ is 78/100 with 3 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 ASAX Co (TSE:8772), the current PB Ratio is 0.52 as of Jul. 13, 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 ASAX Co (TSE:8772) Overvalued in 2026?

Based on GuruFocus' analysis, ASAX Co stock appears to be undervalued. The current stock price of 円826.00 is trading 15.5% below its estimated GF Value™ of 円977.87. GuruFocus considers ASAX Co to be Modestly Undervalued.

Key valuation signals for TSE:8772:

  • PB Ratio: 0.52 (near median its 10-year median of 0.56)
  • GF Value™: 円977.87 vs. price of 円826.00 (15.5% below fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 52.7% below the Banks median (#194 of 1520)

No single metric tells the full story. See the TSE:8772 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ASAX Co Business Description

Address 1-3-14 Hiroo, ASAX Hiroo Building 9th Floor, Shibuya-ku, Tokyo, JPN, 150-0012
ASAX Co Ltd is a real estate secured loan provider. The company provides Real estate secured loans for businesses, Real estate secured loans for individuals, Property sale bridge loan, Real estate purchase/construction loan, and Real Estate agent loans.
78GF Score

Get the complete analysis for TSE:8772

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

円826.00
Price
円977.87
GF Value