FRA:HCM'
s PB Ratio Range Over the Past 10 Years
Min: 0.79 Med: 1.25 Max: 2.24
Current: 1.25
During the past 13 years, Hitachi Construction Machinery Co's highest PB Ratio was 2.24. The lowest was 0.79. And the median was 1.25.
FRA:HCM's PB Ratio is ranked better than 58.71% of 201
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.51
vs FRA:HCM: 1.25
During the past 12 months, Hitachi Construction Machinery Co's average Book Value Per Share Growth Rate was 11.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 10.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 11.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 8.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hitachi Construction Machinery Co was 32.70% per year. The lowest was -1.00% per year. And the median was 7.90% per year.
Back to Basics: PB Ratio
Hitachi Construction Machinery Co (FRA:HCM) 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.
Hitachi Construction Machinery Co PB Ratio Related Terms
Hitachi Construction Machinery Co PB Ratio Historical Data
* 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 Farm & Heavy Construction Machinery subindustry, Hitachi Construction Machinery 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.
Hitachi Construction Machinery Co PB Ratio vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Hitachi Construction Machinery Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Hitachi Construction Machinery Co's PB Ratio falls into.
Hitachi Construction Machinery Co 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.
* 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.
Hitachi Construction Machinery Co (FRA:HCM) has a PB Ratio of 1.24 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hitachi Construction Machinery Co and its competitors. This is near median its historical median of 1.25. Over the past decade, Hitachi Construction Machinery Co's PB Ratio has ranged from 0.79 to 2.24. According to the industry distribution chart, Hitachi Construction Machinery Co ranks #83 out of 201 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 41.3%.
Is Hitachi Construction Machinery Co's PB Ratio too high?
Hitachi Construction Machinery Co's current PB Ratio of 1.24 is near median its 10-year median of 1.25. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 2.24. The Farm & Heavy Construction Machinery industry median PB Ratio is 1.51. Hitachi Construction Machinery Co's value of 1.24 is 17.9% below this industry median. Based on the distribution chart, Hitachi Construction Machinery Co ranks #83 out of 201 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Hitachi Construction Machinery Co has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Hitachi Construction Machinery Co's PB Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Hitachi Construction Machinery Co ranks #83 out of 201 companies for PB Ratio. This puts Hitachi Construction Machinery Co in the upper half of its industry. The industry median PB Ratio is 1.51. Hitachi Construction Machinery Co's value of 1.24 is 17.9% below this benchmark. Historically, Hitachi Construction Machinery Co's own PB Ratio has ranged from 0.79 to 2.24 over the past decade. While the company's 10-year median is 1.25 vs. the industry median of 1.51, Hitachi Construction Machinery 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 Farm & Heavy Construction Machinery company?
The median PB Ratio among Farm & Heavy Construction Machinery companies is 1.51, based on 201 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. Hitachi Construction Machinery Co's current PB Ratio of 1.24 is 17.9% 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 Hitachi Construction Machinery Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hitachi Construction Machinery Co's current PB Ratio is 1.24, which is near median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hitachi Construction Machinery Co stock overvalued right now?
Hitachi Construction Machinery Co (FRA:HCM) has a current PB Ratio of 1.24. The stock's GF Value™ is €23.89, compared to a current price of €28.52 — trading 19.4% above its estimated fair value. The current PB Ratio is 1.24, which is near median its 10-year median of 1.25 and 17.9% below the Farm & Heavy Construction Machinery industry median of 1.51. Hitachi Construction Machinery Co's overall GF Score™ is 86/100 with 2 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 Hitachi Construction Machinery Co (FRA:HCM), the current PB Ratio is 1.24 as of Jun. 26, 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 Hitachi Construction Machinery Co (FRA:HCM) Overvalued in 2026?
Based on GuruFocus' analysis, Hitachi Construction Machinery Co stock appears to be overvalued.
The current stock price of €28.52 is trading 19.4% above its estimated GF Value™ of €23.89.
Key valuation signals for FRA:HCM:
PB Ratio: 1.24 (near median its 10-year median of 1.25)
GF Value™: €23.89 vs. price of €28.52 (19.4% above fair value)
Industry Position: 17.9% below the Farm & Heavy Construction Machinery median (#83 of 201)
No single metric tells the full story. See the FRA:HCM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hitachi Construction Machinery Co Business Description
Hitachi Construction Machinery manufactures and sells construction and mining machinery, and provides related services such as parts supply, rentals, and others. HCM was established in 1970 as a subsidiary of Hitachi, but its origins date back to 1949 when it introduced Japan's first mechanical excavator. The company's main products include hydraulic excavators for mining and construction, rigid dump trucks, and wheel loaders. As of August 2022, Hitachi is no longer the parent company of HCM, after selling 26% of its stake to HCJI Holdings, a joint venture between Itochu and Japan Industrial Partners. Currently, Hitachi has a 25.42% stake in Hitachi Construction Machinery as an equity-method affiliate. HCM is based in Tokyo.
86GF Score
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