Toyo Electric (NGO:6655) PB Ratio: 0.52 (As of Jul. 11, 2026) — 13% Below Median


NGO:6655 Toyo Electric Corp NGO:6655
64 GF Score
Price 円810.00
GF Value 円804.21
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Toyo Electric PB Ratio?

Toyo Electric NGO:6655 -0.61% 64 PB Ratio is 0.52 as of Jul. 11, 2026, which is 13% below its 10-year median of 0.60. GuruFocus rates NGO:6655 with a GF Score™ of 64/100 and a GF Value™ of 円804.21 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,979 Industrial Products companies, Toyo Electric ranks better than 92.04% 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 (2026-07-11), Toyo Electric's share price is 円810.00. Toyo Electric's Book Value per Share for the quarter that ended in Mar. 2026 was 円1,567.23. Hence, Toyo Electric's PB Ratio of today is 0.52.

Good Sign:

Toyo Electric Corp stock PB Ratio (=0.5) is close to 10-year low of 0.48.

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

NGO:6655' s PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.6   Max: 0.98
Current: 0.52

During the past 13 years, Toyo Electric's highest PB Ratio was 0.98. The lowest was 0.48. And the median was 0.60.

NGO:6655's PB Ratio is ranked better than
92.04% of 2979 companies
in the Industrial Products industry
Industry Median: 2.23 vs NGO:6655: 0.52

During the past 12 months, Toyo Electric's average Book Value Per Share Growth Rate was 6.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Toyo Electric was 6.80% per year. The lowest was -1.00% per year. And the median was 2.60% per year.

Back to Basics: PB Ratio


Toyo Electric  (NGO:6655) 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.


Toyo Electric PB Ratio Related Terms


Toyo Electric PB Ratio Historical Data

* Premium members only.

The historical data trend for Toyo Electric'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.

Toyo Electric PB Ratio Chart

Toyo Electric 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 0.59 0.56 0.55 0.52 0.49

Toyo Electric Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.55 0.51 0.52 0.52 0.49

NGO:6655 vs VRT, BE: PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Toyo Electric'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.


Toyo Electric PB Ratio vs Industrial Products Industry

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

* The bar in red indicates where Toyo Electric's PB Ratio falls into.


NGO:6655
64GF Score
Toyo Electric Corp NGO:6655
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toyo Electric 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.

Toyo Electric's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=810.00/1567.228
=0.52

* 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 0.52 mean?
Toyo Electric (NGO:6655) has a PB Ratio of 0.52 as of Jul. 11, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Toyo Electric and its competitors. This is 13% below median its historical median of 0.60. Over the past decade, Toyo Electric's PB Ratio has ranged from 0.48 to 0.98. According to the industry distribution chart, Toyo Electric ranks #237 out of 2979 companies in the Industrial Products industry, placing it in the top 8%.
Is Toyo Electric's PB Ratio too high?
Toyo Electric's current PB Ratio of 0.52 is 13% below median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 0.98. The Industrial Products industry median PB Ratio is 2.23. Toyo Electric's value of 0.52 is 76.7% below this industry median. Based on the distribution chart, Toyo Electric ranks #237 out of 2979 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Toyo Electric has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Toyo Electric's PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Toyo Electric ranks #237 out of 2979 companies for PB Ratio. This places Toyo Electric in the top 8% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.23. Toyo Electric's value of 0.52 is 76.7% below this benchmark. Historically, Toyo Electric's own PB Ratio has ranged from 0.48 to 0.98 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 2.23, Toyo Electric 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 2.23, based on 2,979 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. Toyo Electric's current PB Ratio of 0.52 is 76.7% 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 Toyo Electric and its competitors. For the Industrial Products industry, the median PB Ratio is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyo Electric's current PB Ratio is 0.52, which is 13% below median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Electric stock overvalued right now?
Based on GuruFocus' analysis, Toyo Electric (NGO:6655) is currently considered Fairly Valued. The stock's GF Value™ is 円804.21, compared to a current price of 円810.00 — trading 0.7% above its estimated fair value. The current PB Ratio is 0.52, which is 13% below median its 10-year median of 0.60 and 76.7% below the Industrial Products industry median of 2.23. Toyo Electric's overall GF Score™ is 64/100 with 3 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 Toyo Electric (NGO:6655), the current PB Ratio is 0.52 as of Jul. 11, 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 Toyo Electric (NGO:6655) Overvalued in 2026?

Based on GuruFocus' analysis, Toyo Electric stock appears to be overvalued. The current stock price of 円810.00 is trading 0.7% above its estimated GF Value™ of 円804.21. GuruFocus considers Toyo Electric to be Fairly Valued.

Key valuation signals for NGO:6655:

  • PB Ratio: 0.52 (13% below median its 10-year median of 0.60)
  • GF Value™: 円804.21 vs. price of 円810.00 (0.7% above fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 76.7% below the Industrial Products median (#237 of 2979)

No single metric tells the full story. See the NGO:6655 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toyo Electric Business Description

Address 2-156 Ajiyoshi-cho, Aichi, Kasugai, JPN, 486-8585
Toyo Electric Corp is a Japan based company engaged in the manufacture and maintenance of switchboards and transformers. The company provides monitoring and control equipment, distribution boards, transformers, sensors, equipment for solutions, and manufactures and sells switchboards and elevator sensors, and the Company outsources the manufacturing of products and sells and purchases raw materials.
64GF Score

Get the complete analysis for NGO:6655

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

円810.00
Price
円804.21
GF Value