Seiko Group (FRA:89M) PB Ratio: 4.50 (As of Sep. 04, 2026) — 379% Above Median

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FRA:89M Seiko Group Corp FRA:89M
32 GF Score
Price €56.50
GF Value €13.79
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Seiko Group PB Ratio?

Seiko Group FRA:89M -2.59% 32 PB Ratio is 4.50 as of Sep. 04, 2026, which is 379% above its 10-year median of 0.94. GuruFocus rates FRA:89M with a GF Score™ of 32/100 and a GF Value™ of €13.79 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,006 Manufacturing - Apparel & Accessories companies, Seiko Group ranks worse than 89.56% 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 (2026-09-04), Seiko Group's share price is €56.50. Seiko Group's Book Value per Share for the quarter that ended in Mar. 2026 was €12.55. Hence, Seiko Group's PB Ratio of today is 4.50.

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

FRA:89M' s PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.94   Max: 5.27
Current: 4.45

During the past 13 years, Seiko Group's highest PB Ratio was 5.27. The lowest was 0.52. And the median was 0.94.

FRA:89M's PB Ratio is ranked worse than
89.56% of 1006 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.09 vs FRA:89M: 4.45

During the past 12 months, Seiko Group's average Book Value Per Share Growth Rate was 12.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Seiko Group was 49.20% per year. The lowest was -21.30% per year. And the median was 6.45% per year.

Back to Basics: PB Ratio


Seiko Group  (FRA:89M) 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.


Seiko Group PB Ratio Related Terms


Seiko Group PB Ratio Historical Data

* Premium members only.

The historical data trend for Seiko Group'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.

Seiko Group PB Ratio Chart

Seiko Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 2.52

Seiko Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 1.67 2.52 3.41

FRA:89M vs NKE, DECK, ONON: PB Ratio Comparison

For the Footwear & Accessories subindustry, Seiko Group'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.


Seiko Group PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Seiko Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Seiko Group's PB Ratio falls into.


FRA:89M
32GF Score
Seiko Group Corp FRA:89M
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Seiko Group 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.

Seiko Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=56.50/12.548
=4.50

* 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 4.50 mean?
Seiko Group (FRA:89M) has a PB Ratio of 4.50 as of Sep. 04, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Seiko Group and its competitors. This is 379% above median its historical median of 0.94. Over the past decade, Seiko Group's PB Ratio has ranged from 0.52 to 5.27. According to the industry distribution chart, Seiko Group ranks #901 out of 1006 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 89.6%.
Is Seiko Group's PB Ratio too high?
Seiko Group's current PB Ratio of 4.50 is 379% above median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 5.27. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.09. Seiko Group's value of 4.50 is 312.8% above this industry median. Based on the distribution chart, Seiko Group ranks #901 out of 1006 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Seiko Group has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Seiko Group's PB Ratio compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Seiko Group ranks #901 out of 1006 companies for PB Ratio. This places Seiko Group in the lower half of its industry. The industry median PB Ratio is 1.09. Seiko Group's value of 4.50 is 312.8% above this benchmark. Historically, Seiko Group's own PB Ratio has ranged from 0.52 to 5.27 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 1.09, Seiko Group 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 Manufacturing - Apparel & Accessories company?
The median PB Ratio among Manufacturing - Apparel & Accessories companies is 1.09, based on 1,006 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. Seiko Group's current PB Ratio of 4.50 is 312.8% 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 Seiko Group and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seiko Group's current PB Ratio is 4.50, which is 379% above median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seiko Group stock overvalued right now?
Based on GuruFocus' analysis, Seiko Group (FRA:89M) is currently considered Significantly Overvalued. The stock's GF Value™ is €13.79, compared to a current price of €56.50 — trading 309.7% above its estimated fair value. The current PB Ratio is 4.50, which is 379% above median its 10-year median of 0.94 and 312.8% above the Manufacturing - Apparel & Accessories industry median of 1.09. Seiko Group's overall GF Score™ is 32/100 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 Seiko Group (FRA:89M), the current PB Ratio is 4.50 as of Sep. 04, 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 Seiko Group (FRA:89M) Overvalued in 2026?

Based on GuruFocus' analysis, Seiko Group stock appears to be overvalued. The current stock price of €56.50 is trading 309.7% above its estimated GF Value™ of €13.79. GuruFocus considers Seiko Group to be Significantly Overvalued.

Key valuation signals for FRA:89M:

  • PB Ratio: 4.50 (379% above median its 10-year median of 0.94)
  • GF Value™: €13.79 vs. price of €56.50 (309.7% above fair value)
  • GF Score™: 32/100 with 5 warning signs
  • Industry Position: 312.8% above the Manufacturing - Apparel & Accessories median (#901 of 1006)

No single metric tells the full story. See the FRA:89M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Seiko Group Business Description

Other Exchanges 8050:Japan
Address 8-10, Toranomon 2-chome, Minato-ku, Tokyo, JPN, 105-8505
Seiko Group Corp is a Japanese manufacturer of watches and electronic devices. The company organizes itself into four segments, based on product type: watches, electronic devices, systems solutions, and others. The watches business, which contributes more than half of the company's revenue, manufactures men's and ladies' fashion watches. The electronic devices business, the next most significant contributor to revenue, produces components such as semiconductors, camera shutters, inkjet print heads, thermal printers, micro-batteries, and radiation-measuring equipment. Combined sales in the watches and electronic devices segments constitute the vast majority of consolidated revenue. The company derives approximately half its revenue domestically.
32GF Score

Get the complete analysis for FRA:89M

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

€56.50
Price
€13.79
GF Value