Good Com Asset Co (FSE:3475) PB Ratio: 3.04 (As of Jul. 14, 2026) — 48% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FSE:3475 Good Com Asset Co Ltd FSE:3475
82 GF Score
Price 円1,487.00
GF Value 円2,031.71
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Good Com Asset Co PB Ratio?

Good Com Asset Co FSE:3475 +0.20% 82 PB Ratio is 3.04 as of Jul. 14, 2026, which is 48% above its 10-year median of 2.05. GuruFocus rates FSE:3475 with a GF Score™ of 82/100 and a GF Value™ of 円2,031.71 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,715 Real Estate companies, Good Com Asset Co ranks worse than 89.21% 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 (2026-07-14), Good Com Asset Co's share price is 円1487.00. Good Com Asset Co's Book Value per Share for the quarter that ended in Apr. 2026 was 円488.70. Hence, Good Com Asset Co's PB Ratio of today is 3.04.

The historical rank and industry rank for Good Com Asset Co's PB Ratio or its related term are showing as below:

FSE:3475' s PB Ratio Range Over the Past 10 Years
Min: 0.9   Med: 2.05   Max: 4.27
Current: 3.05

During the past 12 years, Good Com Asset Co's highest PB Ratio was 4.27. The lowest was 0.90. And the median was 2.05.

FSE:3475's PB Ratio is ranked worse than
89.21% of 1715 companies
in the Real Estate industry
Industry Median: 0.81 vs FSE:3475: 3.05

During the past 12 months, Good Com Asset Co's average Book Value Per Share Growth Rate was 3.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 12.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 20.10% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Good Com Asset Co was 46.50% per year. The lowest was 7.50% per year. And the median was 17.90% per year.

Back to Basics: PB Ratio


Good Com Asset Co  (FSE:3475) 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.


Good Com Asset Co PB Ratio Related Terms


Good Com Asset Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Good Com Asset 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.

Good Com Asset Co PB Ratio Chart

Good Com Asset Co Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 2.74

Good Com Asset Co Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 2.57 2.74 3.02

Good Com Asset Co PB Ratio Competitor Comparison

For the Real Estate - Diversified subindustry, Good Com Asset 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.


Good Com Asset Co PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Good Com Asset Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Good Com Asset Co's PB Ratio falls into.


FSE:3475
82GF Score
Good Com Asset Co Ltd FSE:3475
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Good Com Asset 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.

Good Com Asset Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Apr. 2026)
=1487.00/488.7
=3.04

* 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 3.04 mean?
Good Com Asset Co (FSE:3475) has a PB Ratio of 3.04 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Good Com Asset Co and its competitors. This is 48% above median its historical median of 2.05. Over the past decade, Good Com Asset Co's PB Ratio has ranged from 0.90 to 4.27. According to the industry distribution chart, Good Com Asset Co ranks #1530 out of 1715 companies in the Real Estate industry, placing it in the top 89.2%.
Is Good Com Asset Co's PB Ratio too high?
Good Com Asset Co's current PB Ratio of 3.04 is 48% above median its 10-year median of 2.05. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 4.27. The Real Estate industry median PB Ratio is 0.81. Good Com Asset Co's value of 3.04 is 275.3% above this industry median. Based on the distribution chart, Good Com Asset Co ranks #1530 out of 1715 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Good Com Asset Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Good Com Asset Co's PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Good Com Asset Co ranks #1530 out of 1715 companies for PB Ratio. This places Good Com Asset Co in the lower half of its industry. The industry median PB Ratio is 0.81. Good Com Asset Co's value of 3.04 is 275.3% above this benchmark. Historically, Good Com Asset Co's own PB Ratio has ranged from 0.90 to 4.27 over the past decade. While the company's 10-year median is 2.05 vs. the industry median of 0.81, Good Com Asset 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.81, based on 1,715 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. Good Com Asset Co's current PB Ratio of 3.04 is 275.3% 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 Good Com Asset Co and its competitors. For the Real Estate industry, the median PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Good Com Asset Co's current PB Ratio is 3.04, which is 48% above median its own 10-year median of 2.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Good Com Asset Co stock overvalued right now?
Based on GuruFocus' analysis, Good Com Asset Co (FSE:3475) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,031.71, compared to a current price of 円1,487.00 — trading 26.8% below its estimated fair value. The current PB Ratio is 3.04, which is 48% above median its 10-year median of 2.05 and 275.3% above the Real Estate industry median of 0.81. Good Com Asset Co's overall GF Score™ is 82/100 with 7 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 Good Com Asset Co (FSE:3475), the current PB Ratio is 3.04 as of Jul. 14, 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 Good Com Asset Co (FSE:3475) Overvalued in 2026?

Based on GuruFocus' analysis, Good Com Asset Co stock appears to be undervalued. The current stock price of 円1,487.00 is trading 26.8% below its estimated GF Value™ of 円2,031.71. GuruFocus considers Good Com Asset Co to be Modestly Undervalued.

Key valuation signals for FSE:3475:

  • PB Ratio: 3.04 (48% above median its 10-year median of 2.05)
  • GF Value™: 円2,031.71 vs. price of 円1,487.00 (26.8% below fair value)
  • GF Score™: 82/100 with 7 warning signs
  • Industry Position: 275.3% above the Real Estate median (#1530 of 1715)

No single metric tells the full story. See the FSE:3475 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Good Com Asset Co Business Description

Other Exchanges 3475:Japan
Address 7-20-1, Nishishinjuku, 17th Floor, Sumitomo Fudosan Nishi-Shinjuku Building, Shinjuku-ku, Tokyo, JPN, 160-0023
Good Com Asset Co Ltd is a Japan-based company mainly engaged in planning, development, sale and management of newly built apartments. It engages in planning, developing, managing, and selling mansions in Japan. It is also providing rent management and real estate consultancy services, as well as property and casualty insurance products.
82GF Score

Get the complete analysis for FSE:3475

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

円1,487.00
Price
円2,031.71
GF Value