Mitachi Co (NGO:3321) PB Ratio: 0.71 (As of Jul. 09, 2026) — Near Median


NGO:3321 Mitachi Co Ltd NGO:3321
70 GF Score
Price 円1,588.00
GF Value 円3,428.54
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Mitachi Co PB Ratio?

Mitachi Co NGO:3321 70 PB Ratio is 0.71 as of Jul. 09, 2026, which is 9% above its 10-year median of 0.65. GuruFocus rates NGO:3321 with a GF Score™ of 70/100 and a GF Value™ of 円3,428.54 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,414 Hardware companies, Mitachi Co ranks better than 87.37% 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 (2026-07-09), Mitachi Co's share price is 円1588.00. Mitachi Co's Book Value per Share for the quarter that ended in Feb. 2026 was 円2,243.22. Hence, Mitachi Co's PB Ratio of today is 0.71.

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

NGO:3321' s PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.65   Max: 2.01
Current: 0.7

During the past 13 years, Mitachi Co's highest PB Ratio was 2.01. The lowest was 0.37. And the median was 0.65.

NGO:3321's PB Ratio is ranked better than
87.37% of 2414 companies
in the Hardware industry
Industry Median: 2.32 vs NGO:3321: 0.70

During the past 12 months, Mitachi Co's average Book Value Per Share Growth Rate was 14.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 11.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Mitachi Co was 13.00% per year. The lowest was -1.00% per year. And the median was 7.10% per year.

Back to Basics: PB Ratio


Mitachi Co  (NGO:3321) 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.


Mitachi Co PB Ratio Related Terms


Mitachi Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Mitachi 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.

Mitachi Co PB Ratio Chart

Mitachi Co Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.70 0.64 0.59 0.52

Mitachi Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.59 0.58 0.55 0.54 0.52

NGO:3321 vs APH, GLW: PB Ratio Comparison

For the Electronic Components subindustry, Mitachi 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.


Mitachi Co PB Ratio vs Hardware Industry

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

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


NGO:3321
70GF Score
Mitachi Co Ltd NGO:3321
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitachi 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Feb. 2026)
=1588.00/2243.224
=0.71

* 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 0.71 mean?
Mitachi Co (NGO:3321) has a PB Ratio of 0.71 as of Jul. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Mitachi Co and its competitors. This is near median its historical median of 0.65. Over the past decade, Mitachi Co's PB Ratio has ranged from 0.37 to 2.01. According to the industry distribution chart, Mitachi Co ranks #305 out of 2414 companies in the Hardware industry, placing it in the top 12.6%.
Is Mitachi Co's PB Ratio too high?
Mitachi Co's current PB Ratio of 0.71 is near median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 2.01. The Hardware industry median PB Ratio is 2.32. Mitachi Co's value of 0.71 is 69.4% below this industry median. Based on the distribution chart, Mitachi Co ranks #305 out of 2414 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Mitachi Co has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mitachi Co's PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Mitachi Co ranks #305 out of 2414 companies for PB Ratio. This places Mitachi Co in the top 13% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.32. Mitachi Co's value of 0.71 is 69.4% below this benchmark. Historically, Mitachi Co's own PB Ratio has ranged from 0.37 to 2.01 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 2.32, Mitachi Co 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 Hardware company?
The median PB Ratio among Hardware companies is 2.32, based on 2,414 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. Mitachi Co's current PB Ratio of 0.71 is 69.4% 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 Mitachi Co and its competitors. For the Hardware industry, the median PB Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitachi Co's current PB Ratio is 0.71, which is near median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitachi Co stock overvalued right now?
Based on GuruFocus' analysis, Mitachi Co (NGO:3321) is currently considered Significantly Undervalued. The stock's GF Value™ is 円3,428.54, compared to a current price of 円1,588.00 — trading 53.7% below its estimated fair value. The current PB Ratio is 0.71, which is near median its 10-year median of 0.65 and 69.4% below the Hardware industry median of 2.32. Mitachi Co's overall GF Score™ is 70/100 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 Mitachi Co (NGO:3321), the current PB Ratio is 0.71 as of Jul. 09, 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 Mitachi Co (NGO:3321) Overvalued in 2026?

Based on GuruFocus' analysis, Mitachi Co stock appears to be undervalued. The current stock price of 円1,588.00 is trading 53.7% below its estimated GF Value™ of 円3,428.54. GuruFocus considers Mitachi Co to be Significantly Undervalued.

Key valuation signals for NGO:3321:

  • PB Ratio: 0.71 (near median its 10-year median of 0.65)
  • GF Value™: 円3,428.54 vs. price of 円1,588.00 (53.7% below fair value)
  • GF Score™: 70/100 with 2 warning signs
  • Industry Position: 69.4% below the Hardware median (#305 of 2414)

No single metric tells the full story. See the NGO:3321 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitachi Co Business Description

Other Exchanges 3321:Japan
Address 2-11-28, Iseyama, Naka-ku, Nagoya-shi, Aichi, JPN, 460-0026
Mitachi Co Ltd is engaged in the sale of electronics devices such as semiconductor, LCD, as well as electronics components, and motors for various electronics industries such as car electronics, amusement, industrial equipment, consumer equipment, communication equipment, and so on. It offers various products such as universal integrated circuits (ICs), diodes, transistors, optical semiconductors and system large-scale integration (LSI); liquid crystal products, such as liquid crystal modules; electronic components, including resistors, condensers, switches and electronic printed boards.
70GF Score

Get the complete analysis for NGO:3321

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

円1,588.00
Price
円3,428.54
GF Value