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Fuluhashi EpoTSE:9221 -0.88%68 PB Ratio is 2.32 as of Aug. 02, 2026, which is 1% above its 10-year median of 2.30. GuruFocus rates TSE:9221 with a GF Score™ of 68/100 and a GF Value™ of 円1,149.45 (Fairly Valued). The stock has 4 warning signs investors should review. Among 225 Waste Management companies, Fuluhashi Epo ranks worse than 68.44% 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 (2026-08-02), Fuluhashi Epo's share price is 円1242.00. Fuluhashi Epo's Book Value per Share for the quarter that ended in Mar. 2026 was 円535.91. Hence, Fuluhashi Epo's PB Ratio of today is 2.32.
The historical rank and industry rank for Fuluhashi Epo's PB Ratio or its related term are showing as below:
TSE:9221'
s PB Ratio Range Over the Past 10 Years
Min: 1.63 Med: 2.3 Max: 5.11
Current: 2.32
During the past 7 years, Fuluhashi Epo's highest PB Ratio was 5.11. The lowest was 1.63. And the median was 2.30.
TSE:9221's PB Ratio is ranked worse than 68.44% of 225
companies
in the Waste Management industry
Industry Median: 1.54
vs TSE:9221: 2.32
During the past 12 months, Fuluhashi Epo's average Book Value Per Share Growth Rate was 10.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 7.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 25.30% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Fuluhashi Epo was 41.10% per year. The lowest was 7.60% per year. And the median was 32.25% 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.
Fuluhashi Epo PB Ratio Related Terms
Fuluhashi Epo PB Ratio Historical Data
* Premium members only.
The historical data trend for Fuluhashi Epo'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 Waste Management subindustry, Fuluhashi Epo'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.
Fuluhashi Epo PB Ratio vs Waste Management Industry
For the Waste Management industry and Industrials sector, Fuluhashi Epo's PB Ratio distribution charts can be found below:
* The bar in red indicates where Fuluhashi Epo'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.
Fuluhashi Epo'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.
Fuluhashi Epo (TSE:9221) has a PB Ratio of 2.32 as of Aug. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Fuluhashi Epo and its competitors. This is near median its historical median of 2.30. Over the past decade, Fuluhashi Epo's PB Ratio has ranged from 1.63 to 5.11. According to the industry distribution chart, Fuluhashi Epo ranks #154 out of 225 companies in the Waste Management industry, placing it in the top 68.4%.
Is Fuluhashi Epo's PB Ratio too high?
Fuluhashi Epo's current PB Ratio of 2.32 is near median its 10-year median of 2.30. Over the past 10 years, this metric has ranged from a low of 1.63 to a high of 5.11. The Waste Management industry median PB Ratio is 1.54. Fuluhashi Epo's value of 2.32 is 50.6% above this industry median. Based on the distribution chart, Fuluhashi Epo ranks #154 out of 225 companies in the Waste Management industry, which is below the industry midpoint. Overall, Fuluhashi Epo has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fuluhashi Epo's PB Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Fuluhashi Epo ranks #154 out of 225 companies for PB Ratio. This places Fuluhashi Epo in the lower half of its industry. The industry median PB Ratio is 1.54. Fuluhashi Epo's value of 2.32 is 50.6% above this benchmark. Historically, Fuluhashi Epo's own PB Ratio has ranged from 1.63 to 5.11 over the past decade. While the company's 10-year median is 2.30 vs. the industry median of 1.54, Fuluhashi Epo 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 Waste Management company?
The median PB Ratio among Waste Management companies is 1.54, based on 225 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. Fuluhashi Epo's current PB Ratio of 2.32 is 50.6% 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 Fuluhashi Epo and its competitors. For the Waste Management industry, the median PB Ratio is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fuluhashi Epo's current PB Ratio is 2.32, which is near median its own 10-year median of 2.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuluhashi Epo stock overvalued right now?
Based on GuruFocus' analysis, Fuluhashi Epo (TSE:9221) is currently considered Fairly Valued. The stock's GF Value™ is 円1,149.45, compared to a current price of 円1,242.00 — trading 8.1% above its estimated fair value. The current PB Ratio is 2.32, which is near median its 10-year median of 2.30 and 50.6% above the Waste Management industry median of 1.54. Fuluhashi Epo's overall GF Score™ is 68/100 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 Fuluhashi Epo (TSE:9221), the current PB Ratio is 2.32 as of Aug. 02, 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 Fuluhashi Epo (TSE:9221) Overvalued in 2026?
Based on GuruFocus' analysis, Fuluhashi Epo stock appears to be overvalued.
The current stock price of 円1,242.00 is trading 8.1% above its estimated GF Value™ of 円1,149.45.
GuruFocus considers Fuluhashi Epo to be Fairly Valued.
Key valuation signals for TSE:9221:
PB Ratio: 2.32 (near median its 10-year median of 2.30)
GF Value™: 円1,149.45 vs. price of 円1,242.00 (8.1% above fair value)
Industry Position: 50.6% above the Waste Management median (#154 of 225)
No single metric tells the full story. See the TSE:9221 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fuluhashi Epo Corp provides environmental solutions, such as recycling wood waste, selling recycled wood chips as fuel or raw material products, and recycling construction by-products generated at construction sites. In addition, it is involved in manufacturing and selling logistics equipment that takes into consideration the entire process from collection to recycling, and purchasing and selling used logistics equipment. The group's reportable segments are the biomaterials business and the resource recycling business. The majority of its revenue is generated from the biomaterials business, which is engaged in the contract processing of wood waste materials and the manufacture and sale of wood resource chips (raw material chips and fuel chips).
68GF Score
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