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ASNOVA CoNGO:9223 18 PB Ratio is 1.66 as of Jul. 27, 2026, which is 27% below its 10-year median of 2.28. GuruFocus rates NGO:9223 with a GF Score™ of 18/100. The stock has 7 warning signs investors should review. Among 1,046 Business Services companies, ASNOVA Co ranks worse than 50.38% 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 (2026-07-27), ASNOVA Co's share price is 円396.00. ASNOVA Co's Book Value per Share for the quarter that ended in Mar. 2026 was 円239.16. Hence, ASNOVA Co's PB Ratio of today is 1.66.
Good Sign:
ASNOVA Co Ltd stock PB Ratio (=1.66) is close to 3-year low of 1.66.
The historical rank and industry rank for ASNOVA Co's PB Ratio or its related term are showing as below:
NGO:9223'
s PB Ratio Range Over the Past 10 Years
Min: 0.11 Med: 2.28 Max: 3.42
Current: 1.66
During the past 7 years, ASNOVA Co's highest PB Ratio was 3.42. The lowest was 0.11. And the median was 2.28.
NGO:9223's PB Ratio is ranked worse than 50.38% of 1046
companies
in the Business Services industry
Industry Median: 1.645
vs NGO:9223: 1.66
During the past 12 months, ASNOVA Co's average Book Value Per Share Growth Rate was -0.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -22.50% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of ASNOVA Co was 1.90% per year. The lowest was -32.50% per year. And the median was -30.85% per year.
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.
ASNOVA Co PB Ratio Related Terms
ASNOVA Co PB Ratio Historical Data
* Premium members only.
The historical data trend for ASNOVA 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.
For the Rental & Leasing Services subindustry, ASNOVA 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.
ASNOVA Co PB Ratio vs Business Services Industry
For the Business Services industry and Industrials sector, ASNOVA Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where ASNOVA Co'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.
ASNOVA Co's PB Ratio for today is calculated as follows:
* 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.
ASNOVA Co (NGO:9223) has a PB Ratio of 1.66 as of Jul. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on ASNOVA Co and its competitors. This is 27% below median its historical median of 2.28. Over the past decade, ASNOVA Co's PB Ratio has ranged from 0.11 to 3.42. According to the industry distribution chart, ASNOVA Co ranks #527 out of 1046 companies in the Business Services industry, placing it in the top 50.4%.
Is ASNOVA Co's PB Ratio too high?
ASNOVA Co's current PB Ratio of 1.66 is 27% below median its 10-year median of 2.28. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 3.42. The Business Services industry median PB Ratio is 1.65. ASNOVA Co's value of 1.66 is 0.9% above this industry median. Based on the distribution chart, ASNOVA Co ranks #527 out of 1046 companies in the Business Services industry, which is below the industry midpoint. Overall, ASNOVA Co has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does ASNOVA Co's PB Ratio compare to URI and SUNB?
According to the Business Services industry distribution chart, ASNOVA Co ranks #527 out of 1046 companies for PB Ratio. This places ASNOVA Co in the lower half of its industry. The industry median PB Ratio is 1.65. ASNOVA Co's value of 1.66 is 0.9% above this benchmark. Historically, ASNOVA Co's own PB Ratio has ranged from 0.11 to 3.42 over the past decade. While the company's 10-year median is 2.28 vs. the industry median of 1.65, ASNOVA 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 Business Services company?
The median PB Ratio among Business Services companies is 1.65, based on 1,046 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. ASNOVA Co's current PB Ratio of 1.66 is 0.9% 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 ASNOVA Co and its competitors. For the Business Services industry, the median PB Ratio is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASNOVA Co's current PB Ratio is 1.66, which is 27% below median its own 10-year median of 2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASNOVA Co stock overvalued right now?
ASNOVA Co (NGO:9223) has a current PB Ratio of 1.66. The current PB Ratio is 1.66, which is 27% below median its 10-year median of 2.28 and 0.9% above the Business Services industry median of 1.65. ASNOVA Co's overall GF Score™ is 18/100 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 ASNOVA Co (NGO:9223), the current PB Ratio is 1.66 as of Jul. 27, 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.
ASNOVA Co Ltd is engaged in the temporary equipment rental business, mainly focused on wedge-type scaffolding, which is used for low- to mid-rise buildings, mainly detached houses, and its main features are its high construction efficiency, transportation efficiency, and storage efficiency.
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