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Altech CoTSE:9972 -1.06%76 PB Ratio is 0.43 as of Jul. 18, 2026, which is 13% above its 10-year median of 0.38. GuruFocus rates TSE:9972 with a GF Score™ of 76/100 and a GF Value™ of 円258.11 (Fairly Valued). The stock has 8 warning signs investors should review. Among 2,982 Industrial Products companies, Altech Co ranks better than 94.53% 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 (2026-07-18), Altech Co's share price is 円281.00. Altech Co's Book Value per Share for the quarter that ended in May. 2026 was 円661.14. Hence, Altech Co's PB Ratio of today is 0.43.
The historical rank and industry rank for Altech Co's PB Ratio or its related term are showing as below:
TSE:9972'
s PB Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.38 Max: 0.8
Current: 0.43
During the past 13 years, Altech Co's highest PB Ratio was 0.80. The lowest was 0.22. And the median was 0.38.
TSE:9972's PB Ratio is ranked better than 94.53% of 2982
companies
in the Industrial Products industry
Industry Median: 2.14
vs TSE:9972: 0.43
During the past 12 months, Altech Co's average Book Value Per Share Growth Rate was -19.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -13.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -1.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Altech Co was 15.30% per year. The lowest was -13.10% per year. And the median was 5.70% 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.
Altech Co PB Ratio Related Terms
Altech Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Altech 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 Specialty Industrial Machinery subindustry, Altech 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.
Altech Co PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Altech Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Altech 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.
Altech 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.
Altech Co (TSE:9972) has a PB Ratio of 0.43 as of Jul. 18, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Altech Co and its competitors. This is 13% above median its historical median of 0.38. Over the past decade, Altech Co's PB Ratio has ranged from 0.22 to 0.80. According to the industry distribution chart, Altech Co ranks #163 out of 2982 companies in the Industrial Products industry, placing it in the top 5.5%.
Is Altech Co's PB Ratio too high?
Altech Co's current PB Ratio of 0.43 is 13% above median its 10-year median of 0.38. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.80. The Industrial Products industry median PB Ratio is 2.14. Altech Co's value of 0.43 is 79.9% below this industry median. Based on the distribution chart, Altech Co ranks #163 out of 2982 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Altech Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Altech Co's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Altech Co ranks #163 out of 2982 companies for PB Ratio. This places Altech Co in the top 6% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.14. Altech Co's value of 0.43 is 79.9% below this benchmark. Historically, Altech Co's own PB Ratio has ranged from 0.22 to 0.80 over the past decade. While the company's 10-year median is 0.38 vs. the industry median of 2.14, Altech 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.14, based on 2,982 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. Altech Co's current PB Ratio of 0.43 is 79.9% 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 Altech Co and its competitors. For the Industrial Products industry, the median PB Ratio is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altech Co's current PB Ratio is 0.43, which is 13% 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 Altech Co stock overvalued right now?
Based on GuruFocus' analysis, Altech Co (TSE:9972) is currently considered Fairly Valued. The stock's GF Value™ is 円258.11, compared to a current price of 円281.00 — trading 8.9% above its estimated fair value. The current PB Ratio is 0.43, which is 13% above median its 10-year median of 0.38 and 79.9% below the Industrial Products industry median of 2.14. Altech Co's overall GF Score™ is 76/100 with 8 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 Altech Co (TSE:9972), the current PB Ratio is 0.43 as of Jul. 18, 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 Altech Co (TSE:9972) Overvalued in 2026?
Based on GuruFocus' analysis, Altech Co stock appears to be overvalued.
The current stock price of 円281.00 is trading 8.9% above its estimated GF Value™ of 円258.11.
GuruFocus considers Altech Co to be Fairly Valued.
Key valuation signals for TSE:9972:
PB Ratio: 0.43 (13% above median its 10-year median of 0.38)
GF Value™: 円258.11 vs. price of 円281.00 (8.9% above fair value)
Industry Position: 79.9% below the Industrial Products median (#163 of 2982)
No single metric tells the full story. See the TSE:9972 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Altech Co Ltd is engaged in the trading business, which purchases and sells industrial machinery and equipment, and provides related services. It manufactures and sells preforms for PET bottles and plastic caps, and provides related services. Geographically, it operates in Japan, Asia, Americas, and Europe, of which Japan derives maximum revenue. The company's products include: Automotive-related, AV control systems, Printing, Container & Packaging, 3D Printers, Logistics & Supply Chain, Robotics, IC card/RFID tag systems, 5G/IoT inspection equipment, Plastic processing & extrusion equipment, Composite materials, Next-generation electronics, Nanotechnology, Food manufacturing & processing, Medical & pharmaceutical, Cosmetics, Chemical, Water treatment, and Beverage systems.
76GF Score
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