Asahi KaseiAHKSY +1.96%75 PB Ratio is 1.15 as of Jun. 28, 2026, which is 15% above its 10-year median of 1.00. GuruFocus rates AHKSY with a GF Score™ of 75/100 and a GF Value™ of $14.76 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 544 Conglomerates companies, Asahi Kasei ranks worse than 57.17% 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 (2026-06-28), Asahi Kasei's share price is $22.36. Asahi Kasei's Book Value per Share for the quarter that ended in Mar. 2026 was $19.41. Hence, Asahi Kasei's PB Ratio of today is 1.15.
Warning Sign:
Asahi Kasei Corp stock PB Ratio (=1.17) is close to 5-year high of 1.25.
The historical rank and industry rank for Asahi Kasei's PB Ratio or its related term are showing as below:
AHKSY'
s PB Ratio Range Over the Past 10 Years
Min: 0.61 Med: 1 Max: 1.84
Current: 1.17
During the past 13 years, Asahi Kasei's highest PB Ratio was 1.84. The lowest was 0.61. And the median was 1.00.
AHKSY's PB Ratio is ranked worse than 57.17% of 544
companies
in the Conglomerates industry
Industry Median: 1.045
vs AHKSY: 1.17
During the past 12 months, Asahi Kasei's average Book Value Per Share Growth Rate was 12.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 8.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 6.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Asahi Kasei was 15.30% per year. The lowest was -5.00% per year. And the median was 6.00% 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.
Asahi Kasei PB Ratio Related Terms
Asahi Kasei PB Ratio Historical Data
* Premium members only.
The historical data trend for Asahi Kasei'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 Conglomerates subindustry, Asahi Kasei'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.
Asahi Kasei PB Ratio vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Asahi Kasei's PB Ratio distribution charts can be found below:
* The bar in red indicates where Asahi Kasei'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.
Asahi Kasei'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.
Asahi Kasei (AHKSY) has a PB Ratio of 1.15 as of Jun. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Asahi Kasei and its competitors. This is 15% above median its historical median of 1.00. Over the past decade, Asahi Kasei's PB Ratio has ranged from 0.61 to 1.84. According to the industry distribution chart, Asahi Kasei ranks #311 out of 544 companies in the Conglomerates industry, placing it in the top 57.2%.
Is Asahi Kasei's PB Ratio too high?
Asahi Kasei's current PB Ratio of 1.15 is 15% above median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 1.84. The Conglomerates industry median PB Ratio is 1.05. Asahi Kasei's value of 1.15 is 10% above this industry median. Based on the distribution chart, Asahi Kasei ranks #311 out of 544 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Asahi Kasei has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asahi Kasei's PB Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Asahi Kasei ranks #311 out of 544 companies for PB Ratio. This places Asahi Kasei in the lower half of its industry. The industry median PB Ratio is 1.05. Asahi Kasei's value of 1.15 is 10% above this benchmark. Historically, Asahi Kasei's own PB Ratio has ranged from 0.61 to 1.84 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 1.05, Asahi Kasei 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 Conglomerates company?
The median PB Ratio among Conglomerates companies is 1.05, based on 544 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. Asahi Kasei's current PB Ratio of 1.15 is 10% 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 Asahi Kasei and its competitors. For the Conglomerates industry, the median PB Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi Kasei's current PB Ratio is 1.15, which is 15% above median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Kasei stock overvalued right now?
Based on GuruFocus' analysis, Asahi Kasei (AHKSY) is currently considered Significantly Overvalued. The stock's GF Value™ is $14.76, compared to a current price of $22.36 — trading 51.5% above its estimated fair value. The current PB Ratio is 1.15, which is 15% above median its 10-year median of 1.00 and 10% above the Conglomerates industry median of 1.05. Asahi Kasei's overall GF Score™ is 75/100 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 Asahi Kasei (AHKSY), the current PB Ratio is 1.15 as of Jun. 28, 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 Asahi Kasei (AHKSY) Overvalued in 2026?
Based on GuruFocus' analysis, Asahi Kasei stock appears to be overvalued.
The current stock price of $22.36 is trading 51.5% above its estimated GF Value™ of $14.76.
GuruFocus considers Asahi Kasei to be Significantly Overvalued.
Key valuation signals for AHKSY:
PB Ratio: 1.15 (15% above median its 10-year median of 1.00)
GF Value™: $14.76 vs. price of $22.36 (51.5% above fair value)
Industry Position: 10% above the Conglomerates median (#311 of 544)
No single metric tells the full story. See the AHKSY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asahi Kasei Corp is a Japanese industrial conglomerate mainly engaged in materials, housing, and healthcare businesses. The Health Care segment covers pharmaceuticals, healthcare, and critical care. The Housing segment includes housing and building materials businesses. The Material segment consists of environmental solutions, mobility & industry, AL business, and life innovation, such as digital solutions and comfort life. The Others segment includes plant and environmental engineering, research and information services, as well as staffing and placement businesses. It generates the majority of its revenue from the Material segment.
75GF Score
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