The Japan Steel WorksJPSWY +0.95%82 PB Ratio is 2.70 as of Jul. 03, 2026, which is 82% above its 10-year median of 1.48. GuruFocus rates JPSWY with a GF Score™ of 82/100 and a GF Value™ of $20.38 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,981 Industrial Products companies, The Japan Steel Works ranks worse than 57.4% on this metric.
The Japan Steel Works Ltd stock PB Ratio (=2.68) is close to 1-year low of 2.62.
The historical rank and industry rank for The Japan Steel Works's PB Ratio or its related term are showing as below:
JPSWY'
s PB Ratio Range Over the Past 10 Years
Min: 0.52 Med: 1.48 Max: 3.74
Current: 2.75
During the past 13 years, The Japan Steel Works's highest PB Ratio was 3.74. The lowest was 0.52. And the median was 1.48.
JPSWY's PB Ratio is ranked worse than 57.4% of 2981
companies
in the Industrial Products industry
Industry Median: 2.33
vs JPSWY: 2.75
During the past 12 months, The Japan Steel Works's average Book Value Per Share Growth Rate was 9.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 10.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 8.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 7.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of The Japan Steel Works was 13.90% per year. The lowest was -8.10% per year. And the median was 6.90% per year.
Back to Basics: PB Ratio
The Japan Steel Works (OTCPK:JPSWY) 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 Specialty Industrial Machinery subindustry, The Japan Steel Works'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.
The Japan Steel Works PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, The Japan Steel Works's PB Ratio distribution charts can be found below:
* The bar in red indicates where The Japan Steel Works'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.
The Japan Steel Works (JPSWY) has a PB Ratio of 2.70 as of Jul. 03, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on The Japan Steel Works and its competitors. This is 82% above median its historical median of 1.48. Over the past decade, The Japan Steel Works' PB Ratio has ranged from 0.52 to 3.74. According to the industry distribution chart, The Japan Steel Works ranks #1711 out of 2981 companies in the Industrial Products industry, placing it in the top 57.4%.
Is The Japan Steel Works' PB Ratio too high?
The Japan Steel Works' current PB Ratio of 2.70 is 82% above median its 10-year median of 1.48. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 3.74. The Industrial Products industry median PB Ratio is 2.33. The Japan Steel Works' value of 2.70 is 15.9% above this industry median. Based on the distribution chart, The Japan Steel Works ranks #1711 out of 2981 companies in the Industrial Products industry, which is below the industry midpoint. Overall, The Japan Steel Works has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Japan Steel Works' PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, The Japan Steel Works ranks #1711 out of 2981 companies for PB Ratio. This places The Japan Steel Works in the lower half of its industry. The industry median PB Ratio is 2.33. The Japan Steel Works' value of 2.70 is 15.9% above this benchmark. Historically, The Japan Steel Works' own PB Ratio has ranged from 0.52 to 3.74 over the past decade. While the company's 10-year median is 1.48 vs. the industry median of 2.33, The Japan Steel Works 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.33, based on 2,981 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. The Japan Steel Works's current PB Ratio of 2.70 is 15.9% 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 The Japan Steel Works and its competitors. For the Industrial Products industry, the median PB Ratio is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Japan Steel Works's current PB Ratio is 2.70, which is 82% above median its own 10-year median of 1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Japan Steel Works stock overvalued right now?
Based on GuruFocus' analysis, The Japan Steel Works (JPSWY) is currently considered Modestly Overvalued. The stock's GF Value™ is $20.38, compared to a current price of $24.55 — trading 20.5% above its estimated fair value. The current PB Ratio is 2.70, which is 82% above median its 10-year median of 1.48 and 15.9% above the Industrial Products industry median of 2.33. The Japan Steel Works' overall GF Score™ is 82/100 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 The Japan Steel Works (JPSWY), the current PB Ratio is 2.70 as of Jul. 03, 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 The Japan Steel Works (JPSWY) Overvalued in 2026?
Based on GuruFocus' analysis, The Japan Steel Works stock appears to be overvalued.
The current stock price of $24.55 is trading 20.5% above its estimated GF Value™ of $20.38.
GuruFocus considers The Japan Steel Works to be Modestly Overvalued.
Key valuation signals for JPSWY:
PB Ratio: 2.70 (82% above median its 10-year median of 1.48)
GF Value™: $20.38 vs. price of $24.55 (20.5% above fair value)
Industry Position: 15.9% above the Industrial Products median (#1711 of 2981)
No single metric tells the full story. See the JPSWY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Japan Steel Works Ltd provides industrial machinery as well as materials and engineering solutions in Japan and internationally. The company operates through two segments. The Industrial Machinery segment provides resin manufacturing and processing machinery, molding machines, defense-related equipment, and other industrial machinery. The Materials and Engineering segment covers raw material products and engineering operations. The Other segment includes the film deposition business, crystal business, and related activities. It generates the majority of its revenue from the Industrial machinery business segment.
82GF Score
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