Future Innovation GroupFSE:4392 54 PB Ratio is 5.58 as of Jul. 12, 2026, which is 447% above its 10-year median of 1.02. GuruFocus rates FSE:4392 with a GF Score™ of 54/100 and a GF Value™ of 円460.23 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,421 Hardware companies, Future Innovation Group ranks worse than 66.25% on this metric.
The historical rank and industry rank for Future Innovation Group's PB Ratio or its related term are showing as below:
FSE:4392'
s PB Ratio Range Over the Past 10 Years
Min: 0.61 Med: 1.02 Max: 6.12
Current: 3.74
During the past 8 years, Future Innovation Group's highest PB Ratio was 6.12. The lowest was 0.61. And the median was 1.02.
FSE:4392's PB Ratio is ranked worse than 66.25% of 2421
companies
in the Hardware industry
Industry Median: 2.35
vs FSE:4392: 3.74
During the past 12 months, Future Innovation Group's average Book Value Per Share Growth Rate was 8.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -3.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -0.70% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Future Innovation Group was 5.10% per year. The lowest was -3.80% per year. And the median was 3.00% per year.
Back to Basics: PB Ratio
Future Innovation Group (FSE:4392) 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.
* 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 Communication Equipment subindustry, Future Innovation 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.
Future Innovation Group PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Future Innovation Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Future Innovation Group'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.
Future Innovation Group (FSE:4392) has a PB Ratio of 5.58 as of Jul. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Future Innovation Group and its competitors. This is 447% above median its historical median of 1.02. Over the past decade, Future Innovation Group's PB Ratio has ranged from 0.61 to 6.12. According to the industry distribution chart, Future Innovation Group ranks #1604 out of 2421 companies in the Hardware industry, placing it in the top 66.3%.
Is Future Innovation Group's PB Ratio too high?
Future Innovation Group's current PB Ratio of 5.58 is 447% above median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 6.12. The Hardware industry median PB Ratio is 2.35. Future Innovation Group's value of 5.58 is 137.4% above this industry median. Based on the distribution chart, Future Innovation Group ranks #1604 out of 2421 companies in the Hardware industry, which is below the industry midpoint. Overall, Future Innovation Group has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Future Innovation Group's PB Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Future Innovation Group ranks #1604 out of 2421 companies for PB Ratio. This places Future Innovation Group in the lower half of its industry. The industry median PB Ratio is 2.35. Future Innovation Group's value of 5.58 is 137.4% above this benchmark. Historically, Future Innovation Group's own PB Ratio has ranged from 0.61 to 6.12 over the past decade. While the company's 10-year median is 1.02 vs. the industry median of 2.35, Future Innovation 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 Hardware company?
The median PB Ratio among Hardware companies is 2.35, based on 2,421 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. Future Innovation Group's current PB Ratio of 5.58 is 137.4% 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 Future Innovation Group and its competitors. For the Hardware industry, the median PB Ratio is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Future Innovation Group's current PB Ratio is 5.58, which is 447% above median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Future Innovation Group stock overvalued right now?
Based on GuruFocus' analysis, Future Innovation Group (FSE:4392) is currently considered Significantly Overvalued. The stock's GF Value™ is 円460.23, compared to a current price of 円1,628.00 — trading 253.7% above its estimated fair value. The current PB Ratio is 5.58, which is 447% above median its 10-year median of 1.02 and 137.4% above the Hardware industry median of 2.35. Future Innovation Group's overall GF Score™ is 54/100 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 Future Innovation Group (FSE:4392), the current PB Ratio is 5.58 as of Jul. 12, 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 Future Innovation Group (FSE:4392) Overvalued in 2026?
Based on GuruFocus' analysis, Future Innovation Group stock appears to be overvalued.
The current stock price of 円1,628.00 is trading 253.7% above its estimated GF Value™ of 円460.23.
GuruFocus considers Future Innovation Group to be Significantly Overvalued.
Key valuation signals for FSE:4392:
PB Ratio: 5.58 (447% above median its 10-year median of 1.02)
GF Value™: 円460.23 vs. price of 円1,628.00 (253.7% above fair value)
Industry Position: 137.4% above the Hardware median (#1604 of 2421)
No single metric tells the full story. See the FSE:4392 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Future Innovation Group Inc is engaged in the sale and development of a mobile management system, accompanied by the communication, application services, and maintenance support. The company is also engaged in the management of business subsidiaries and all incidentals or any businesses related to sale and manufacturing of automobile mounting related equipment and manufacturing of molds for the semiconductor.
54GF Score
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