Toyo Wharf & Warehouse Co (TSE:9351) PB Ratio: 0.43 (As of Aug. 07, 2026) — 17% Below Median

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TSE:9351 Toyo Wharf & Warehouse Co Ltd TSE:9351
75 GF Score
Price 円1,839.00
GF Value 円1,521.26
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Toyo Wharf & Warehouse Co PB Ratio?

Toyo Wharf & Warehouse Co TSE:9351 -0.22% 75 PB Ratio is 0.43 as of Aug. 07, 2026, which is 17% below its 10-year median of 0.52. GuruFocus rates TSE:9351 with a GF Score™ of 75/100 and a GF Value™ of 円1,521.26 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 965 Transportation companies, Toyo Wharf & Warehouse Co ranks better than 91.71% 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 (2026-08-07), Toyo Wharf & Warehouse Co's share price is 円1839.00. Toyo Wharf & Warehouse Co's Book Value per Share for the quarter that ended in Mar. 2026 was 円4,271.16. Hence, Toyo Wharf & Warehouse Co's PB Ratio of today is 0.43.

Good Sign:

Toyo Wharf & Warehouse Co Ltd stock PB Ratio (=0.43) is close to 1-year low of 0.4.

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

TSE:9351' s PB Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.52   Max: 0.87
Current: 0.43

During the past 13 years, Toyo Wharf & Warehouse Co's highest PB Ratio was 0.87. The lowest was 0.34. And the median was 0.52.

TSE:9351's PB Ratio is ranked better than
91.71% of 965 companies
in the Transportation industry
Industry Median: 1.27 vs TSE:9351: 0.43

During the past 12 months, Toyo Wharf & Warehouse Co's average Book Value Per Share Growth Rate was 15.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Toyo Wharf & Warehouse Co was 10.80% per year. The lowest was -2.20% per year. And the median was 2.65% per year.

Back to Basics: PB Ratio


Toyo Wharf & Warehouse Co  (TSE:9351) 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.


Toyo Wharf & Warehouse Co PB Ratio Related Terms


Toyo Wharf & Warehouse Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Toyo Wharf & Warehouse 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.

Toyo Wharf & Warehouse Co PB Ratio Chart

Toyo Wharf & Warehouse 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 0.51 0.43 0.39 0.35 0.45

Toyo Wharf & Warehouse Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.39 0.36 0.35 0.39 0.45

TSE:9351 vs UPS, FDX, JBHT: PB Ratio Comparison

For the Integrated Freight & Logistics subindustry, Toyo Wharf & Warehouse 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.


Toyo Wharf & Warehouse Co PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Toyo Wharf & Warehouse Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Toyo Wharf & Warehouse Co's PB Ratio falls into.


TSE:9351
75GF Score
Toyo Wharf & Warehouse Co Ltd TSE:9351
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toyo Wharf & Warehouse 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.

Toyo Wharf & Warehouse Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=1839.00/4271.156
=0.43

* 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 0.43 mean?
Toyo Wharf & Warehouse Co (TSE:9351) has a PB Ratio of 0.43 as of Aug. 07, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Toyo Wharf & Warehouse Co and its competitors. This is 17% below median its historical median of 0.52. Over the past decade, Toyo Wharf & Warehouse Co's PB Ratio has ranged from 0.34 to 0.87. According to the industry distribution chart, Toyo Wharf & Warehouse Co ranks #80 out of 965 companies in the Transportation industry, placing it in the top 8.3%.
Is Toyo Wharf & Warehouse Co's PB Ratio too high?
Toyo Wharf & Warehouse Co's current PB Ratio of 0.43 is 17% below median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 0.87. The Transportation industry median PB Ratio is 1.27. Toyo Wharf & Warehouse Co's value of 0.43 is 66.1% below this industry median. Based on the distribution chart, Toyo Wharf & Warehouse Co ranks #80 out of 965 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Toyo Wharf & Warehouse Co has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toyo Wharf & Warehouse Co's PB Ratio compare to UPS and FDX?
According to the Transportation industry distribution chart, Toyo Wharf & Warehouse Co ranks #80 out of 965 companies for PB Ratio. This places Toyo Wharf & Warehouse Co in the top 8% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.27. Toyo Wharf & Warehouse Co's value of 0.43 is 66.1% below this benchmark. Historically, Toyo Wharf & Warehouse Co's own PB Ratio has ranged from 0.34 to 0.87 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 1.27, Toyo Wharf & Warehouse 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 Transportation company?
The median PB Ratio among Transportation companies is 1.27, based on 965 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. Toyo Wharf & Warehouse Co's current PB Ratio of 0.43 is 66.1% 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 Toyo Wharf & Warehouse Co and its competitors. For the Transportation industry, the median PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyo Wharf & Warehouse Co's current PB Ratio is 0.43, which is 17% below median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Wharf & Warehouse Co stock overvalued right now?
Based on GuruFocus' analysis, Toyo Wharf & Warehouse Co (TSE:9351) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,521.26, compared to a current price of 円1,839.00 — trading 20.9% above its estimated fair value. The current PB Ratio is 0.43, which is 17% below median its 10-year median of 0.52 and 66.1% below the Transportation industry median of 1.27. Toyo Wharf & Warehouse Co's overall GF Score™ is 75/100 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 Toyo Wharf & Warehouse Co (TSE:9351), the current PB Ratio is 0.43 as of Aug. 07, 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 Toyo Wharf & Warehouse Co (TSE:9351) Overvalued in 2026?

Based on GuruFocus' analysis, Toyo Wharf & Warehouse Co stock appears to be overvalued. The current stock price of 円1,839.00 is trading 20.9% above its estimated GF Value™ of 円1,521.26. GuruFocus considers Toyo Wharf & Warehouse Co to be Modestly Overvalued.

Key valuation signals for TSE:9351:

  • PB Ratio: 0.43 (17% below median its 10-year median of 0.52)
  • GF Value™: 円1,521.26 vs. price of 円1,839.00 (20.9% above fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 66.1% below the Transportation median (#80 of 965)

No single metric tells the full story. See the TSE:9351 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toyo Wharf & Warehouse Co Business Description

Address 1-8-8 Harumi, 19th floor, Harumi Triton Square W Building, Chuo-ku, Tokyo, JPN, 104-0053
Toyo Wharf & Warehouse Co Ltd is engaged in the domestic comprehensive logistics business, international logistics business and related business mainly for warehousing, port transportation, Automobile transportation, and International logistics business.
75GF Score

Get the complete analysis for TSE:9351

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

円1,839.00
Price
円1,521.26
GF Value