ShinMaywa IndustriesSHMWF 81 PB Ratio is 1.12 as of Jun. 29, 2026, which is 37% above its 10-year median of 0.82. GuruFocus rates SHMWF with a GF Score™ of 81/100 and a GF Value™ of $10.23 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 544 Conglomerates companies, ShinMaywa Industries ranks worse than 51.84% on this metric.
The historical rank and industry rank for ShinMaywa Industries's PB Ratio or its related term are showing as below:
SHMWF'
s PB Ratio Range Over the Past 10 Years
Min: 0.53 Med: 0.82 Max: 1.53
Current: 1.09
During the past 13 years, ShinMaywa Industries's highest PB Ratio was 1.53. The lowest was 0.53. And the median was 0.82.
SHMWF's PB Ratio is ranked worse than 51.84% of 544
companies
in the Conglomerates industry
Industry Median: 1.045
vs SHMWF: 1.09
During the past 12 months, ShinMaywa Industries's average Book Value Per Share Growth Rate was 11.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 8.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 7.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of ShinMaywa Industries was 10.70% per year. The lowest was -0.90% per year. And the median was 4.80% per year.
Back to Basics: PB Ratio
ShinMaywa Industries (OTCPK:SHMWF) PB Ratio Explanation
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.
ShinMaywa Industries PB Ratio Related Terms
ShinMaywa Industries PB Ratio Historical Data
* Premium members only.
The historical data trend for ShinMaywa Industries'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 Conglomerates subindustry, ShinMaywa Industries'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.
ShinMaywa Industries PB Ratio vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, ShinMaywa Industries's PB Ratio distribution charts can be found below:
* The bar in red indicates where ShinMaywa Industries'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.
* 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.
ShinMaywa Industries (SHMWF) has a PB Ratio of 1.12 as of Jun. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on ShinMaywa Industries and its competitors. This is 37% above median its historical median of 0.82. Over the past decade, ShinMaywa Industries' PB Ratio has ranged from 0.53 to 1.53. According to the industry distribution chart, ShinMaywa Industries ranks #282 out of 544 companies in the Conglomerates industry, placing it in the top 51.8%.
Is ShinMaywa Industries' PB Ratio too high?
ShinMaywa Industries' current PB Ratio of 1.12 is 37% above median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 1.53. The Conglomerates industry median PB Ratio is 1.05. ShinMaywa Industries' value of 1.12 is 7.2% above this industry median. Based on the distribution chart, ShinMaywa Industries ranks #282 out of 544 companies in the Conglomerates industry, which is below the industry midpoint. Overall, ShinMaywa Industries has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ShinMaywa Industries' PB Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, ShinMaywa Industries ranks #282 out of 544 companies for PB Ratio. This places ShinMaywa Industries in the lower half of its industry. The industry median PB Ratio is 1.05. ShinMaywa Industries' value of 1.12 is 7.2% above this benchmark. Historically, ShinMaywa Industries' own PB Ratio has ranged from 0.53 to 1.53 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 1.05, ShinMaywa Industries 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 Conglomerates company?
The median PB Ratio among Conglomerates companies is 1.05, based on 544 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. ShinMaywa Industries's current PB Ratio of 1.12 is 7.2% 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 ShinMaywa Industries and its competitors. For the Conglomerates industry, the median PB Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ShinMaywa Industries's current PB Ratio is 1.12, which is 37% above median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ShinMaywa Industries stock overvalued right now?
Based on GuruFocus' analysis, ShinMaywa Industries (SHMWF) is currently considered Modestly Overvalued. The stock's GF Value™ is $10.23, compared to a current price of $13.30 — trading 30% above its estimated fair value. The current PB Ratio is 1.12, which is 37% above median its 10-year median of 0.82 and 7.2% above the Conglomerates industry median of 1.05. ShinMaywa Industries' overall GF Score™ is 81/100 with 1 warning sign 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 ShinMaywa Industries (SHMWF), the current PB Ratio is 1.12 as of Jun. 29, 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 ShinMaywa Industries (SHMWF) Overvalued in 2026?
Based on GuruFocus' analysis, ShinMaywa Industries stock appears to be overvalued.
The current stock price of $13.30 is trading 30% above its estimated GF Value™ of $10.23.
GuruFocus considers ShinMaywa Industries to be Modestly Overvalued.
Key valuation signals for SHMWF:
PB Ratio: 1.12 (37% above median its 10-year median of 0.82)
GF Value™: $10.23 vs. price of $13.30 (30% above fair value)
Industry Position: 7.2% above the Conglomerates median (#282 of 544)
No single metric tells the full story. See the SHMWF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ShinMaywa Industries Ltd manufactures a wide range of products, including parking systems, aircrafts, trucks, and other industrial systems. The company has four operating segments: aircraft, special-purpose truck, industrial machinery and environmental systems, and parking systems. The special-purpose truck segment generates roughly half of total sales and focuses on distributing dump trucks, lifters, compactors, and forestry machinery. The aircraft segment sells amphibian aircraft (capable of open-sea landing and takeoff) and aircraft parts to other manufacturers. Sales to customers located in Japan constitute about three fourths of total revenue.
81GF Score
Get the complete analysis for SHMWF
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHMWF has been successfully added to your 
