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Tokai Lease CoTSE:9761 +0.21%74 PB Ratio is 0.46 as of Jul. 27, 2026, which is 21% above its 10-year median of 0.38. GuruFocus rates TSE:9761 with a GF Score™ of 74/100 and a GF Value™ of 円2,001.70 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,713 Real Estate companies, Tokai Lease Co ranks better than 72.91% 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 (2026-07-27), Tokai Lease Co's share price is 円2348.00. Tokai Lease Co's Book Value per Share for the quarter that ended in Mar. 2026 was 円5,052.49. Hence, Tokai Lease Co's PB Ratio of today is 0.46.
Good Sign:
Tokai Lease Co Ltd stock PB Ratio (=0.46) is close to 1-year low of 0.43.
The historical rank and industry rank for Tokai Lease Co's PB Ratio or its related term are showing as below:
TSE:9761'
s PB Ratio Range Over the Past 10 Years
Min: 0.27 Med: 0.38 Max: 0.56
Current: 0.46
During the past 13 years, Tokai Lease Co's highest PB Ratio was 0.56. The lowest was 0.27. And the median was 0.38.
TSE:9761's PB Ratio is ranked better than 72.91% of 1713
companies
in the Real Estate industry
Industry Median: 0.81
vs TSE:9761: 0.46
During the past 12 months, Tokai Lease Co's average Book Value Per Share Growth Rate was 3.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 2.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 1.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tokai Lease Co was 4.50% per year. The lowest was -4.50% per year. And the median was 0.65% 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.
Tokai Lease Co PB Ratio Related Terms
Tokai Lease Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Tokai Lease 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.
For the Real Estate Services subindustry, Tokai Lease 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.
Tokai Lease Co PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Tokai Lease Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Tokai Lease 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.
Tokai Lease Co'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.
Tokai Lease Co (TSE:9761) has a PB Ratio of 0.46 as of Jul. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tokai Lease Co and its competitors. This is 21% above median its historical median of 0.38. Over the past decade, Tokai Lease Co's PB Ratio has ranged from 0.27 to 0.56. According to the industry distribution chart, Tokai Lease Co ranks #464 out of 1713 companies in the Real Estate industry, placing it in the top 27.1%.
Is Tokai Lease Co's PB Ratio too high?
Tokai Lease Co's current PB Ratio of 0.46 is 21% above median its 10-year median of 0.38. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 0.56. The Real Estate industry median PB Ratio is 0.81. Tokai Lease Co's value of 0.46 is 43.2% below this industry median. Based on the distribution chart, Tokai Lease Co ranks #464 out of 1713 companies in the Real Estate industry, which is above the industry midpoint. Overall, Tokai Lease Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokai Lease Co's PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Tokai Lease Co ranks #464 out of 1713 companies for PB Ratio. This puts Tokai Lease Co in the upper half of its industry. The industry median PB Ratio is 0.81. Tokai Lease Co's value of 0.46 is 43.2% below this benchmark. Historically, Tokai Lease Co's own PB Ratio has ranged from 0.27 to 0.56 over the past decade. While the company's 10-year median is 0.38 vs. the industry median of 0.81, Tokai Lease 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.81, based on 1,713 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. Tokai Lease Co's current PB Ratio of 0.46 is 43.2% 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 Tokai Lease Co and its competitors. For the Real Estate industry, the median PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokai Lease Co's current PB Ratio is 0.46, which is 21% above median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokai Lease Co stock overvalued right now?
Based on GuruFocus' analysis, Tokai Lease Co (TSE:9761) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,001.70, compared to a current price of 円2,348.00 — trading 17.3% above its estimated fair value. The current PB Ratio is 0.46, which is 21% above median its 10-year median of 0.38 and 43.2% below the Real Estate industry median of 0.81. Tokai Lease Co's overall GF Score™ is 74/100 with 5 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 Tokai Lease Co (TSE:9761), the current PB Ratio is 0.46 as of Jul. 27, 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 Tokai Lease Co (TSE:9761) Overvalued in 2026?
Based on GuruFocus' analysis, Tokai Lease Co stock appears to be overvalued.
The current stock price of 円2,348.00 is trading 17.3% above its estimated GF Value™ of 円2,001.70.
GuruFocus considers Tokai Lease Co to be Modestly Overvalued.
Key valuation signals for TSE:9761:
PB Ratio: 0.46 (21% above median its 10-year median of 0.38)
GF Value™: 円2,001.70 vs. price of 円2,348.00 (17.3% above fair value)
Industry Position: 43.2% below the Real Estate median (#464 of 1713)
No single metric tells the full story. See the TSE:9761 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokai Lease Co Ltd is a Japanese company engaged in providing real estate services. The business of the company includes leasing, manufacture, and sale of temporary buildings, construction of temporary buildings, and sale of fixtures.
74GF Score
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