JFE HoldingsJFEEF 68 PB Ratio is 0.36 as of Jun. 29, 2026, which is 27% below its 10-year median of 0.49. GuruFocus rates JFEEF with a GF Score™ of 68/100 and a GF Value™ of $10.44 (Fairly Valued). The stock has 6 warning signs investors should review. Among 610 Steel companies, JFE Holdings ranks better than 82.3% 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 (2026-06-29), JFE Holdings's share price is $9.45. JFE Holdings's Book Value per Share for the quarter that ended in Mar. 2026 was $25.95. Hence, JFE Holdings's PB Ratio of today is 0.36.
Good Sign:
JFE Holdings Inc stock PB Ratio (=0.38) is close to 5-year low of 0.36.
The historical rank and industry rank for JFE Holdings's PB Ratio or its related term are showing as below:
JFEEF'
s PB Ratio Range Over the Past 10 Years
Min: 0.21 Med: 0.49 Max: 0.83
Current: 0.38
During the past 13 years, JFE Holdings's highest PB Ratio was 0.83. The lowest was 0.21. And the median was 0.49.
JFEEF's PB Ratio is ranked better than 82.3% of 610
companies
in the Steel industry
Industry Median: 0.955
vs JFEEF: 0.38
During the past 12 months, JFE Holdings's average Book Value Per Share Growth Rate was 3.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 2.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of JFE Holdings was 29.30% per year. The lowest was -4.40% 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.
JFE Holdings PB Ratio Related Terms
JFE Holdings PB Ratio Historical Data
* Premium members only.
The historical data trend for JFE Holdings'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 Steel subindustry, JFE Holdings'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.
JFE Holdings PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, JFE Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where JFE Holdings'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.
JFE Holdings's PB Ratio for today is calculated as follows:
* 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.
JFE Holdings (JFEEF) has a PB Ratio of 0.36 as of Jun. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on JFE Holdings and its competitors. This is 27% below median its historical median of 0.49. Over the past decade, JFE Holdings' PB Ratio has ranged from 0.21 to 0.83. According to the industry distribution chart, JFE Holdings ranks #108 out of 610 companies in the Steel industry, placing it in the top 17.7%.
Is JFE Holdings' PB Ratio too high?
JFE Holdings' current PB Ratio of 0.36 is 27% below median its 10-year median of 0.49. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 0.83. The Steel industry median PB Ratio is 0.96. JFE Holdings' value of 0.36 is 62.3% below this industry median. Based on the distribution chart, JFE Holdings ranks #108 out of 610 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, JFE Holdings has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does JFE Holdings' PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, JFE Holdings ranks #108 out of 610 companies for PB Ratio. This places JFE Holdings in the top 18% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.96. JFE Holdings' value of 0.36 is 62.3% below this benchmark. Historically, JFE Holdings' own PB Ratio has ranged from 0.21 to 0.83 over the past decade. While the company's 10-year median is 0.49 vs. the industry median of 0.96, JFE Holdings 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 Steel company?
The median PB Ratio among Steel companies is 0.96, based on 610 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. JFE Holdings's current PB Ratio of 0.36 is 62.3% 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 JFE Holdings and its competitors. For the Steel industry, the median PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JFE Holdings's current PB Ratio is 0.36, which is 27% below median its own 10-year median of 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JFE Holdings stock overvalued right now?
Based on GuruFocus' analysis, JFE Holdings (JFEEF) is currently considered Fairly Valued. The stock's GF Value™ is $10.44, compared to a current price of $9.45 — trading 9.5% below its estimated fair value. The current PB Ratio is 0.36, which is 27% below median its 10-year median of 0.49 and 62.3% below the Steel industry median of 0.96. JFE Holdings' overall GF Score™ is 68/100 with 6 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 JFE Holdings (JFEEF), the current PB Ratio is 0.36 as of Jun. 29, 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 JFE Holdings (JFEEF) Overvalued in 2026?
Based on GuruFocus' analysis, JFE Holdings stock appears to be undervalued.
The current stock price of $9.45 is trading 9.5% below its estimated GF Value™ of $10.44.
GuruFocus considers JFE Holdings to be Fairly Valued.
Key valuation signals for JFEEF:
PB Ratio: 0.36 (27% below median its 10-year median of 0.49)
GF Value™: $10.44 vs. price of $9.45 (9.5% below fair value)
Industry Position: 62.3% below the Steel median (#108 of 610)
No single metric tells the full story. See the JFEEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JFE Holdings Inc is a Japan-based company engaged in the manufacture and sale of steel and related products. The company operates its business through three segments. The Engineering segment covers energy, urban environment, steel structure, and industrial machinery projects, along with recycling and electricity retail businesses. The Iron and Steel segment manufactures and sells steel products, processed steel products, raw materials, and engages in related services such as transportation, equipment maintenance, and construction. The Trading Company segment handles steel products, steelmaking raw materials, non-ferrous metals, foodstuffs, and other trading activities. It generates the majority of its revenue from the Iron and steel segment.
68GF Score
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