Furuno Electric CoFNOEF 79 PB Ratio is 2.30 as of Jul. 01, 2026, which is 203% above its 10-year median of 0.76. GuruFocus rates FNOEF with a GF Score™ of 79/100 and a GF Value™ of $19.86. The stock has 1 warning sign investors should review. Among 2,417 Hardware companies, Furuno Electric Co ranks better than 56.93% on this metric.
The historical rank and industry rank for Furuno Electric Co's PB Ratio or its related term are showing as below:
FNOEF'
s PB Ratio Range Over the Past 10 Years
Min: 0.42 Med: 0.76 Max: 3.7
Current: 2.09
During the past 13 years, Furuno Electric Co's highest PB Ratio was 3.70. The lowest was 0.42. And the median was 0.76.
FNOEF's PB Ratio is ranked better than 56.93% of 2417
companies
in the Hardware industry
Industry Median: 2.39
vs FNOEF: 2.09
During the past 12 months, Furuno Electric Co's average Book Value Per Share Growth Rate was 23.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 19.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 14.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 8.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Furuno Electric Co was 19.60% per year. The lowest was -6.40% per year. And the median was 5.10% per year.
Back to Basics: PB Ratio
Furuno Electric Co (OTCPK:FNOEF) PB Ratio Explanation
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.
Furuno Electric Co PB Ratio Related Terms
Furuno Electric Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Furuno Electric 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 Scientific & Technical Instruments subindustry, Furuno Electric 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.
Furuno Electric Co PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Furuno Electric Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Furuno Electric 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.
* 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.
Furuno Electric Co (FNOEF) has a PB Ratio of 2.30 as of Jul. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Furuno Electric Co and its competitors. This is 203% above median its historical median of 0.76. Over the past decade, Furuno Electric Co's PB Ratio has ranged from 0.42 to 3.70. According to the industry distribution chart, Furuno Electric Co ranks #1041 out of 2417 companies in the Hardware industry, placing it in the top 43.1%.
Is Furuno Electric Co's PB Ratio too high?
Furuno Electric Co's current PB Ratio of 2.30 is 203% above median its 10-year median of 0.76. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 3.70. The Hardware industry median PB Ratio is 2.39. Furuno Electric Co's value of 2.30 is 3.8% below this industry median. Based on the distribution chart, Furuno Electric Co ranks #1041 out of 2417 companies in the Hardware industry, which is above the industry midpoint. Overall, Furuno Electric Co has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Furuno Electric Co's PB Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Furuno Electric Co ranks #1041 out of 2417 companies for PB Ratio. This puts Furuno Electric Co in the upper half of its industry. The industry median PB Ratio is 2.39. Furuno Electric Co's value of 2.30 is 3.8% below this benchmark. Historically, Furuno Electric Co's own PB Ratio has ranged from 0.42 to 3.70 over the past decade. While the company's 10-year median is 0.76 vs. the industry median of 2.39, Furuno Electric 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 Hardware company?
The median PB Ratio among Hardware companies is 2.39, based on 2,417 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. Furuno Electric Co's current PB Ratio of 2.30 is 3.8% 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 Furuno Electric Co and its competitors. For the Hardware industry, the median PB Ratio is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Furuno Electric Co's current PB Ratio is 2.30, which is 203% above median its own 10-year median of 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Furuno Electric Co stock overvalued right now?
Furuno Electric Co (FNOEF) has a current PB Ratio of 2.30. The stock's GF Value™ is $19.86, compared to a current price of $41.99 — trading 111.4% above its estimated fair value. The current PB Ratio is 2.30, which is 203% above median its 10-year median of 0.76 and 3.8% below the Hardware industry median of 2.39. Furuno Electric Co's overall GF Score™ is 79/100 with 1 warning sign 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 Furuno Electric Co (FNOEF), the current PB Ratio is 2.30 as of Jul. 01, 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 Furuno Electric Co (FNOEF) Overvalued in 2026?
Based on GuruFocus' analysis, Furuno Electric Co stock appears to be overvalued.
The current stock price of $41.99 is trading 111.4% above its estimated GF Value™ of $19.86.
Key valuation signals for FNOEF:
PB Ratio: 2.30 (203% above median its 10-year median of 0.76)
GF Value™: $19.86 vs. price of $41.99 (111.4% above fair value)
Industry Position: 3.8% below the Hardware median (#1041 of 2417)
No single metric tells the full story. See the FNOEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Furuno Electric Co Ltd is engaged in the business of producing marine related electronic equipment. The products portfolio includes fish sonar, GPS, Radar, Coastal monitoring system, Automatic identification system, Voyage data recorder, and satellite communications equipment.
79GF Score
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