Citizen Watch CoFRA:CTZ -1.45%63 PB Ratio is 2.08 as of Jun. 27, 2026, which is 148% above its 10-year median of 0.84. GuruFocus rates FRA:CTZ with a GF Score™ of 63/100 and a GF Value™ of €6.25 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,004 Manufacturing - Apparel & Accessories companies, Citizen Watch Co ranks worse than 74% 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 (2026-06-27), Citizen Watch Co's share price is €13.60. Citizen Watch Co's Book Value per Share for the quarter that ended in Mar. 2026 was €6.55. Hence, Citizen Watch Co's PB Ratio of today is 2.08.
Warning Sign:
Citizen Watch Co Ltd stock PB Ratio (=2.12) is close to 10-year high of 2.12.
The historical rank and industry rank for Citizen Watch Co's PB Ratio or its related term are showing as below:
FRA:CTZ'
s PB Ratio Range Over the Past 10 Years
Min: 0.39 Med: 0.84 Max: 2.12
Current: 2.12
During the past 13 years, Citizen Watch Co's highest PB Ratio was 2.12. The lowest was 0.39. And the median was 0.84.
During the past 12 months, Citizen Watch Co's average Book Value Per Share Growth Rate was 14.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 11.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 12.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Citizen Watch Co was 15.90% per year. The lowest was -13.50% per year. And the median was 3.10% 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.
Citizen Watch Co PB Ratio Related Terms
Citizen Watch Co PB Ratio Historical Data
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The historical data trend for Citizen Watch 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 Footwear & Accessories subindustry, Citizen Watch 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.
Citizen Watch Co PB Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Citizen Watch Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Citizen Watch 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.
Citizen Watch Co (FRA:CTZ) has a PB Ratio of 2.08 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Citizen Watch Co and its competitors. This is 148% above median its historical median of 0.84. Over the past decade, Citizen Watch Co's PB Ratio has ranged from 0.39 to 2.12. According to the industry distribution chart, Citizen Watch Co ranks #743 out of 1004 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 74%.
Is Citizen Watch Co's PB Ratio too high?
Citizen Watch Co's current PB Ratio of 2.08 is 148% above median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 2.12. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.08. Citizen Watch Co's value of 2.08 is 93.5% above this industry median. Based on the distribution chart, Citizen Watch Co ranks #743 out of 1004 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Citizen Watch Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Citizen Watch Co's PB Ratio compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Citizen Watch Co ranks #743 out of 1004 companies for PB Ratio. This places Citizen Watch Co in the lower half of its industry. The industry median PB Ratio is 1.08. Citizen Watch Co's value of 2.08 is 93.5% above this benchmark. Historically, Citizen Watch Co's own PB Ratio has ranged from 0.39 to 2.12 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 1.08, Citizen Watch Co 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 1.08, based on 1,004 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. Citizen Watch Co's current PB Ratio of 2.08 is 93.5% 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 Citizen Watch Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Citizen Watch Co's current PB Ratio is 2.08, which is 148% above median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Citizen Watch Co stock overvalued right now?
Based on GuruFocus' analysis, Citizen Watch Co (FRA:CTZ) is currently considered Significantly Overvalued. The stock's GF Value™ is €6.25, compared to a current price of €13.60 — trading 117.6% above its estimated fair value. The current PB Ratio is 2.08, which is 148% above median its 10-year median of 0.84 and 93.5% above the Manufacturing - Apparel & Accessories industry median of 1.08. Citizen Watch Co's overall GF Score™ is 63/100 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 Citizen Watch Co (FRA:CTZ), the current PB Ratio is 2.08 as of Jun. 27, 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 Citizen Watch Co (FRA:CTZ) Overvalued in 2026?
Based on GuruFocus' analysis, Citizen Watch Co stock appears to be overvalued.
The current stock price of €13.60 is trading 117.6% above its estimated GF Value™ of €6.25.
GuruFocus considers Citizen Watch Co to be Significantly Overvalued.
Key valuation signals for FRA:CTZ:
PB Ratio: 2.08 (148% above median its 10-year median of 0.84)
GF Value™: €6.25 vs. price of €13.60 (117.6% above fair value)
Industry Position: 93.5% above the Manufacturing - Apparel & Accessories median (#743 of 1004)
No single metric tells the full story. See the FRA:CTZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Citizen Watch Co Ltd is a company whose main business is to manufacture and sell watches, machine tools, electronic devices, and electronic products. The Company has four reportable segments which includes Watches Business, Machine Tools Business, Device Business, and Electronic Equipment and Other Business. It generates majority of the revenue from Watches Business segment.
63GF Score
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