Arcs Co (TSE:9948) PB Ratio: 0.97 (As of Jul. 20, 2026) — 10% Above Median

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TSE:9948 Arcs Co Ltd TSE:9948
84 GF Score
Price 円3,550.00
GF Value 円3,171.88
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Arcs Co PB Ratio?

Arcs Co TSE:9948 +1.00% 84 PB Ratio is 0.97 as of Jul. 20, 2026, which is 10% above its 10-year median of 0.88. GuruFocus rates TSE:9948 with a GF Score™ of 84/100 and a GF Value™ of 円3,171.88 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,080 Retail - Cyclical companies, Arcs Co ranks better than 64.44% 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 (2026-07-20), Arcs Co's share price is 円3550.00. Arcs Co's Book Value per Share for the quarter that ended in May. 2026 was 円3,677.12. Hence, Arcs Co's PB Ratio of today is 0.97.

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

TSE:9948' s PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 0.88   Max: 1.27
Current: 0.97

During the past 13 years, Arcs Co's highest PB Ratio was 1.27. The lowest was 0.59. And the median was 0.88.

TSE:9948's PB Ratio is ranked better than
64.44% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 1.46 vs TSE:9948: 0.97

During the past 12 months, Arcs Co's average Book Value Per Share Growth Rate was 7.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Arcs Co was 7.80% per year. The lowest was -1.00% per year. And the median was 5.30% per year.

Back to Basics: PB Ratio


Arcs Co  (TSE:9948) 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.


Arcs Co PB Ratio Related Terms


Arcs Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Arcs 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.

Arcs Co PB Ratio Chart

Arcs Co 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 0.75 0.71 0.94 0.82 1.06

Arcs Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.84 0.86 0.95 1.06 0.88

TSE:9948 vs DDS: PB Ratio Comparison

For the Department Stores subindustry, Arcs 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.


Arcs Co PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Arcs Co's PB Ratio distribution charts can be found below:

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


TSE:9948
84GF Score
Arcs Co Ltd TSE:9948
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Arcs 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.

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

PB Ratio=Share Price/Book Value per Share (Q: May. 2026)
=3550.00/3677.121
=0.97

* 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 0.97 mean?
Arcs Co (TSE:9948) has a PB Ratio of 0.97 as of Jul. 20, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Arcs Co and its competitors. This is 10% above median its historical median of 0.88. Over the past decade, Arcs Co's PB Ratio has ranged from 0.59 to 1.27. According to the industry distribution chart, Arcs Co ranks #384 out of 1080 companies in the Retail - Cyclical industry, placing it in the top 35.6%.
Is Arcs Co's PB Ratio too high?
Arcs Co's current PB Ratio of 0.97 is 10% above median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 1.27. The Retail - Cyclical industry median PB Ratio is 1.46. Arcs Co's value of 0.97 is 33.6% below this industry median. Based on the distribution chart, Arcs Co ranks #384 out of 1080 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Arcs Co has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Arcs Co's PB Ratio compare to DDS?
According to the Retail - Cyclical industry distribution chart, Arcs Co ranks #384 out of 1080 companies for PB Ratio. This puts Arcs Co in the upper half of its industry. The industry median PB Ratio is 1.46. Arcs Co's value of 0.97 is 33.6% below this benchmark. Historically, Arcs Co's own PB Ratio has ranged from 0.59 to 1.27 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 1.46, Arcs 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 Retail - Cyclical company?
The median PB Ratio among Retail - Cyclical companies is 1.46, based on 1,080 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. Arcs Co's current PB Ratio of 0.97 is 33.6% 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 Arcs Co and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arcs Co's current PB Ratio is 0.97, which is 10% above median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arcs Co stock overvalued right now?
Based on GuruFocus' analysis, Arcs Co (TSE:9948) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,171.88, compared to a current price of 円3,550.00 — trading 11.9% above its estimated fair value. The current PB Ratio is 0.97, which is 10% above median its 10-year median of 0.88 and 33.6% below the Retail - Cyclical industry median of 1.46. Arcs Co's overall GF Score™ is 84/100 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 Arcs Co (TSE:9948), the current PB Ratio is 0.97 as of Jul. 20, 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 Arcs Co (TSE:9948) Overvalued in 2026?

Based on GuruFocus' analysis, Arcs Co stock appears to be overvalued. The current stock price of 円3,550.00 is trading 11.9% above its estimated GF Value™ of 円3,171.88. GuruFocus considers Arcs Co to be Modestly Overvalued.

Key valuation signals for TSE:9948:

  • PB Ratio: 0.97 (10% above median its 10-year median of 0.88)
  • GF Value™: 円3,171.88 vs. price of 円3,550.00 (11.9% above fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 33.6% below the Retail - Cyclical median (#384 of 1080)

No single metric tells the full story. See the TSE:9948 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Arcs Co Business Description

Address 11-2-32, Minami 13-jo Nishi, Chuo-ku, Sapporo, JPN, 064-8610
Arcs Co Ltd is a Japan-based company principally engaged in the supermarket business. The company also operates other businesses through subsidiaries, including tourism, building maintenance, real estate leasing, property and casualty insurance, life insurance agency, wholesale, food manufacturing, industrial and general waste collection, and construction businesses. The group operates in a single segment related to retail.
84GF Score

Get the complete analysis for TSE:9948

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

円3,550.00
Price
円3,171.88
GF Value