MAWAF (Maruwa Co) PB Ratio: 3.64 (As of Jun. 26, 2026) — 65% Above Median


MAWAF Maruwa Co Ltd MAWAF
92 GF Score
Price $274.00
GF Value $174.82
! 7 Warning Signs
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What is Maruwa Co PB Ratio?

Maruwa Co MAWAF 92 PB Ratio is 3.64 as of Jun. 26, 2026, which is 65% above its 10-year median of 2.20. GuruFocus rates MAWAF with a GF Score™ of 92/100 and a GF Value™ of $174.82. The stock has 7 warning signs investors should review. Among 2,413 Hardware companies, Maruwa Co ranks worse than 78.37% 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 (2026-06-26), Maruwa Co's share price is $274.00. Maruwa Co's Book Value per Share for the quarter that ended in Mar. 2026 was $75.20. Hence, Maruwa Co's PB Ratio of today is 3.64.

Warning Sign:

Maruwa Co Ltd stock PB Ratio (=5.79) is close to 10-year high of 6.24.

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

MAWAF' s PB Ratio Range Over the Past 10 Years
Min: 0.92   Med: 2.2   Max: 6.24
Current: 5.79

During the past 13 years, Maruwa Co's highest PB Ratio was 6.24. The lowest was 0.92. And the median was 2.20.

MAWAF's PB Ratio is ranked worse than
78.37% of 2413 companies
in the Hardware industry
Industry Median: 2.4 vs MAWAF: 5.79

During the past 12 months, Maruwa Co's average Book Value Per Share Growth Rate was 15.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 16.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 17.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 14.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Maruwa Co was 18.10% per year. The lowest was -1.30% per year. And the median was 7.15% per year.

Back to Basics: PB Ratio


Maruwa Co  (OTCPK:MAWAF) 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.


Maruwa Co PB Ratio Related Terms


Maruwa Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Maruwa 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.

Maruwa Co PB Ratio Chart

Maruwa Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 4.18 3.64

Maruwa Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 4.18 2.17 3.95 3.74 3.64

MAWAF vs APH, GLW, TEL: PB Ratio Comparison

For the Electronic Components subindustry, Maruwa 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.


Maruwa Co PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Maruwa Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Maruwa Co's PB Ratio falls into.


MAWAF
92GF Score
Maruwa Co Ltd MAWAF
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Maruwa 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.

Maruwa Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=274.00/75.204
=3.64

* 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 3.64 mean?
Maruwa Co (MAWAF) has a PB Ratio of 3.64 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 Maruwa Co and its competitors. This is 65% above median its historical median of 2.20. Over the past decade, Maruwa Co's PB Ratio has ranged from 0.92 to 6.24. According to the industry distribution chart, Maruwa Co ranks #1891 out of 2413 companies in the Hardware industry, placing it in the top 78.4%.
Is Maruwa Co's PB Ratio too high?
Maruwa Co's current PB Ratio of 3.64 is 65% above median its 10-year median of 2.20. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 6.24. The Hardware industry median PB Ratio is 2.40. Maruwa Co's value of 3.64 is 51.7% above this industry median. Based on the distribution chart, Maruwa Co ranks #1891 out of 2413 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Maruwa Co has a GF Score™ of 92/100, reflecting its overall financial health beyond just this single metric.
How does Maruwa Co's PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Maruwa Co ranks #1891 out of 2413 companies for PB Ratio. This places Maruwa Co in the lower half of its industry. The industry median PB Ratio is 2.40. Maruwa Co's value of 3.64 is 51.7% above this benchmark. Historically, Maruwa Co's own PB Ratio has ranged from 0.92 to 6.24 over the past decade. While the company's 10-year median is 2.20 vs. the industry median of 2.40, Maruwa 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 Hardware company?
The median PB Ratio among Hardware companies is 2.40, based on 2,413 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. Maruwa Co's current PB Ratio of 3.64 is 51.7% 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 Maruwa Co and its competitors. For the Hardware industry, the median PB Ratio is 2.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maruwa Co's current PB Ratio is 3.64, which is 65% above median its own 10-year median of 2.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruwa Co stock overvalued right now?
Maruwa Co (MAWAF) has a current PB Ratio of 3.64. The stock's GF Value™ is $174.82, compared to a current price of $274.00 — trading 56.7% above its estimated fair value. The current PB Ratio is 3.64, which is 65% above median its 10-year median of 2.20 and 51.7% above the Hardware industry median of 2.40. Maruwa Co's overall GF Score™ is 92/100 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 Maruwa Co (MAWAF), the current PB Ratio is 3.64 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 Maruwa Co (MAWAF) Overvalued in 2026?

Based on GuruFocus' analysis, Maruwa Co stock appears to be overvalued. The current stock price of $274.00 is trading 56.7% above its estimated GF Value™ of $174.82.

Key valuation signals for MAWAF:

  • PB Ratio: 3.64 (65% above median its 10-year median of 2.20)
  • GF Value™: $174.82 vs. price of $274.00 (56.7% above fair value)
  • GF Score™: 92/100 with 7 warning signs
  • Industry Position: 51.7% above the Hardware median (#1891 of 2413)

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


Maruwa Co Business Description

Other Exchanges 5344:JapanMAW:UK6X5:Germany
Address 83 Minami Honjigaharacho 3-chome, Aichi Prefecture, Owariasahi, JPN, 488-0044
Maruwa Co Ltd engages in the production and sale of ceramics and electronics parts. The company operates in two business divisions, namely the Ceramic parts business and the Lighting equipment business. The Ceramic Parts business segment manufactures and sells electronic components, ceramic substrates, and semiconductor manufacturing equipment. The Lighting Equipment business segment produces and markets LED lighting products alongside conventional lighting equipment. It generates the majority of its revenue from the Ceramic parts business segment.
92GF Score

Get the complete analysis for MAWAF

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

$274.00
Price
$174.82
GF Value