Ecology and Combustion (NGO:6225) PB Ratio: 1.10 (As of Jul. 13, 2026) — 47% Above Median

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NGO:6225 Ecology and Combustion Inc NGO:6225
37 GF Score
Price 円2,040.00
! 6 Warning Signs
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What is Ecology and Combustion PB Ratio?

Ecology and Combustion NGO:6225 -0.49% 37 PB Ratio is 1.10 as of Jul. 13, 2026, which is 47% above its 10-year median of 0.75. GuruFocus rates NGO:6225 with a GF Score™ of 37/100. The stock has 6 warning signs investors should review. Among 2,985 Industrial Products companies, Ecology and Combustion ranks better than 75.41% 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 (2026-07-13), Ecology and Combustion's share price is 円2040.00. Ecology and Combustion's Book Value per Share for the quarter that ended in Jan. 2026 was 円1,862.16. Hence, Ecology and Combustion's PB Ratio of today is 1.10.

Warning Sign:

Ecology and Combustion Inc stock PB Ratio (=1.1) is close to 5-year high of 1.21.

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

NGO:6225' s PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 0.75   Max: 1.21
Current: 1.09

During the past 4 years, Ecology and Combustion's highest PB Ratio was 1.21. The lowest was 0.57. And the median was 0.75.

NGO:6225's PB Ratio is ranked better than
75.41% of 2985 companies
in the Industrial Products industry
Industry Median: 2.18 vs NGO:6225: 1.09

During the past 12 months, Ecology and Combustion's average Book Value Per Share Growth Rate was 9.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.00% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Ecology and Combustion was 13.00% per year. The lowest was 13.00% per year. And the median was 13.00% per year.

Back to Basics: PB Ratio


Ecology and Combustion  (NGO:6225) 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.


Ecology and Combustion PB Ratio Related Terms


Ecology and Combustion PB Ratio Historical Data

* Premium members only.

The historical data trend for Ecology and Combustion'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.

Ecology and Combustion PB Ratio Chart

Ecology and Combustion Annual Data
Trend Jul22 Jul23 Jul24 Jul25
PB Ratio
0.00 0.79 0.62 0.77

Ecology and Combustion Quarterly Data
Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.75 0.77 0.00 1.01 1.06

NGO:6225 vs GEV, ETN, PH: PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Ecology and Combustion'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.


Ecology and Combustion PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ecology and Combustion's PB Ratio distribution charts can be found below:

* The bar in red indicates where Ecology and Combustion's PB Ratio falls into.


NGO:6225
37GF Score
Ecology and Combustion Inc NGO:6225
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ecology and Combustion 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.

Ecology and Combustion's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jan. 2026)
=2040.00/1862.164
=1.10

* 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 1.10 mean?
Ecology and Combustion (NGO:6225) has a PB Ratio of 1.10 as of Jul. 13, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Ecology and Combustion and its competitors. This is 47% above median its historical median of 0.75. Over the past decade, Ecology and Combustion's PB Ratio has ranged from 0.57 to 1.21. According to the industry distribution chart, Ecology and Combustion ranks #734 out of 2985 companies in the Industrial Products industry, placing it in the top 24.6%.
Is Ecology and Combustion's PB Ratio too high?
Ecology and Combustion's current PB Ratio of 1.10 is 47% above median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 1.21. The Industrial Products industry median PB Ratio is 2.18. Ecology and Combustion's value of 1.10 is 49.5% below this industry median. Based on the distribution chart, Ecology and Combustion ranks #734 out of 2985 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Ecology and Combustion has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Ecology and Combustion's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Ecology and Combustion ranks #734 out of 2985 companies for PB Ratio. This places Ecology and Combustion in the top 25% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.18. Ecology and Combustion's value of 1.10 is 49.5% below this benchmark. Historically, Ecology and Combustion's own PB Ratio has ranged from 0.57 to 1.21 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 2.18, Ecology and Combustion 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.18, based on 2,985 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. Ecology and Combustion's current PB Ratio of 1.10 is 49.5% 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 Ecology and Combustion and its competitors. For the Industrial Products industry, the median PB Ratio is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ecology and Combustion's current PB Ratio is 1.10, which is 47% above median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ecology and Combustion stock overvalued right now?
Ecology and Combustion (NGO:6225) has a current PB Ratio of 1.10. The current PB Ratio is 1.10, which is 47% above median its 10-year median of 0.75 and 49.5% below the Industrial Products industry median of 2.18. Ecology and Combustion's overall GF Score™ is 37/100 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 Ecology and Combustion (NGO:6225), the current PB Ratio is 1.10 as of Jul. 13, 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.

Ecology and Combustion Business Description

Address 5277-1 Hiraguchi, Hamana-ku, Shizuoka Prefecture, Hamamatsu, JPN, 4312103
Ecology and Combustion Inc is engaged in the development, design, manufacture and maintenance of heating equipment. It develops, design, manufacture, and maintain deodorizing equipment, aluminum melting/holding furnaces, drying furnaces, heat treatment furnaces, and burners.
37GF Score

Get the complete analysis for NGO:6225

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

円2,040.00
Price