AIT (TSE:9381) PB Ratio: 2.70 (As of Aug. 03, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TSE:9381 AIT Corp TSE:9381
79 GF Score
Price 円2,357.00
GF Value 円1,854.29
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is AIT PB Ratio?

AIT TSE:9381 -0.04% 79 PB Ratio is 2.70 as of Aug. 03, 2026, which is 4% above its 10-year median of 2.59. GuruFocus rates TSE:9381 with a GF Score™ of 79/100 and a GF Value™ of 円1,854.29 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 965 Transportation companies, AIT ranks worse than 80.31% 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 (2026-08-03), AIT's share price is 円2357.00. AIT's Book Value per Share for the quarter that ended in Feb. 2026 was 円872.27. Hence, AIT's PB Ratio of today is 2.70.

Warning Sign:

AIT Corp stock PB Ratio (=2.7) is close to 2-year high of 2.86.

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

TSE:9381' s PB Ratio Range Over the Past 10 Years
Min: 1.15   Med: 2.59   Max: 5.27
Current: 2.71

During the past 13 years, AIT's highest PB Ratio was 5.27. The lowest was 1.15. And the median was 2.59.

TSE:9381's PB Ratio is ranked worse than
80.31% of 965 companies
in the Transportation industry
Industry Median: 1.27 vs TSE:9381: 2.71

During the past 12 months, AIT'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 7.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 11.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 15.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of AIT was 24.10% per year. The lowest was 5.20% per year. And the median was 13.90% per year.

Back to Basics: PB Ratio


AIT  (TSE:9381) 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.


AIT PB Ratio Related Terms


AIT PB Ratio Historical Data

* Premium members only.

The historical data trend for AIT'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.

AIT PB Ratio Chart

AIT Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.23 2.20 2.41 1.95 2.63

AIT Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 2.41 2.14 1.95 2.31 2.63

TSE:9381 vs UPS, FDX, JBHT: PB Ratio Comparison

For the Integrated Freight & Logistics subindustry, AIT'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.


AIT PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, AIT's PB Ratio distribution charts can be found below:

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


TSE:9381
79GF Score
AIT Corp TSE:9381
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AIT 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.

AIT's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Feb. 2026)
=2357.00/872.265
=2.70

* 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 2.70 mean?
AIT (TSE:9381) has a PB Ratio of 2.70 as of Aug. 03, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on AIT and its competitors. This is near median its historical median of 2.59. Over the past decade, AIT's PB Ratio has ranged from 1.15 to 5.27. According to the industry distribution chart, AIT ranks #775 out of 965 companies in the Transportation industry, placing it in the top 80.3%.
Is AIT's PB Ratio too high?
AIT's current PB Ratio of 2.70 is near median its 10-year median of 2.59. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 5.27. The Transportation industry median PB Ratio is 1.27. AIT's value of 2.70 is 112.6% above this industry median. Based on the distribution chart, AIT ranks #775 out of 965 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, AIT has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AIT's PB Ratio compare to UPS and FDX?
According to the Transportation industry distribution chart, AIT ranks #775 out of 965 companies for PB Ratio. This places AIT in the lower half of its industry. The industry median PB Ratio is 1.27. AIT's value of 2.70 is 112.6% above this benchmark. Historically, AIT's own PB Ratio has ranged from 1.15 to 5.27 over the past decade. While the company's 10-year median is 2.59 vs. the industry median of 1.27, AIT 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 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. AIT's current PB Ratio of 2.70 is 112.6% 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 AIT 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. AIT's current PB Ratio is 2.70, which is near median its own 10-year median of 2.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AIT stock overvalued right now?
Based on GuruFocus' analysis, AIT (TSE:9381) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,854.29, compared to a current price of 円2,357.00 — trading 27.1% above its estimated fair value. The current PB Ratio is 2.70, which is near median its 10-year median of 2.59 and 112.6% above the Transportation industry median of 1.27. AIT's overall GF Score™ is 79/100 with 6 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 AIT (TSE:9381), the current PB Ratio is 2.70 as of Aug. 03, 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 AIT (TSE:9381) Overvalued in 2026?

Based on GuruFocus' analysis, AIT stock appears to be overvalued. The current stock price of 円2,357.00 is trading 27.1% above its estimated GF Value™ of 円1,854.29. GuruFocus considers AIT to be Modestly Overvalued.

Key valuation signals for TSE:9381:

  • PB Ratio: 2.70 (near median its 10-year median of 2.59)
  • GF Value™: 円1,854.29 vs. price of 円2,357.00 (27.1% above fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 112.6% above the Transportation median (#775 of 965)

No single metric tells the full story. See the TSE:9381 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AIT Business Description

Address 2-1-6 Honmachi, 15 Floor, Sakaisuji-Honmachi-Center Building, Chuo-ku, Osaka, JPN, 541-0053
AIT Corp is a Japan-based integrated logistics company. It is engaged in the delivery and cargo services. The services offered by the company include freight forwarding through marine, air, motor truck, railroad, and coastal transport. AIT also offers airfreight agency, customs clearance, warehousing, ship brokerage, import, and export agency, and nonlife insurance services. The company has network operations in Taiwan, Vietnam, Indonesia, Malaysia, Korea, Myanmar, Cambodia, Singapore, Philippine, Bangladesh, India, Sri Lanka, Pakistan, Australia, and Canada.
79GF Score

Get the complete analysis for TSE:9381

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

円2,357.00
Price
円1,854.29
GF Value