THYCY (Taiheiyo Cement) PB Ratio: 0.71 (As of Jun. 30, 2026) — Near Median


THYCY Taiheiyo Cement Corp THYCY
83 GF Score
Price $6.82
GF Value $6.45
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Taiheiyo Cement PB Ratio?

Taiheiyo Cement THYCY 83 PB Ratio is 0.71 as of Jun. 30, 2026, which is at its 10-year median of 0.71. GuruFocus rates THYCY with a GF Score™ of 83/100 and a GF Value™ of $6.45 (Fairly Valued). The stock has 4 warning signs investors should review. Among 396 Building Materials companies, Taiheiyo Cement ranks better than 74.24% 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 (2026-06-30), Taiheiyo Cement's share price is $6.82. Taiheiyo Cement's Book Value per Share for the quarter that ended in Mar. 2026 was $9.61. Hence, Taiheiyo Cement's PB Ratio of today is 0.71.

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

THYCY' s PB Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.71   Max: 1.62
Current: 0.67

During the past 13 years, Taiheiyo Cement's highest PB Ratio was 1.62. The lowest was 0.44. And the median was 0.71.

THYCY's PB Ratio is ranked better than
74.24% of 396 companies
in the Building Materials industry
Industry Median: 1.175 vs THYCY: 0.67

During the past 12 months, Taiheiyo Cement's average Book Value Per Share Growth Rate was 5.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Taiheiyo Cement was 21.30% per year. The lowest was -21.20% per year. And the median was 8.15% per year.

Back to Basics: PB Ratio


Taiheiyo Cement  (OTCPK:THYCY) 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.


Taiheiyo Cement PB Ratio Related Terms


Taiheiyo Cement PB Ratio Historical Data

* Premium members only.

The historical data trend for Taiheiyo Cement'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.

Taiheiyo Cement PB Ratio Chart

Taiheiyo Cement 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 0.45 0.59 0.69 0.64 0.56

Taiheiyo Cement Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.64 0.61 0.67 0.66 0.56

THYCY vs CRH, VMC, MLM: PB Ratio Comparison

For the Building Materials subindustry, Taiheiyo Cement'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.


Taiheiyo Cement PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Taiheiyo Cement's PB Ratio distribution charts can be found below:

* The bar in red indicates where Taiheiyo Cement's PB Ratio falls into.


THYCY
83GF Score
Taiheiyo Cement Corp THYCY
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiheiyo Cement 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.

Taiheiyo Cement's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=6.82/9.607
=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?
Taiheiyo Cement (THYCY) has a PB Ratio of 0.71 as of Jun. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Taiheiyo Cement and its competitors. This is near median its historical median of 0.71. Over the past decade, Taiheiyo Cement's PB Ratio has ranged from 0.44 to 1.62. According to the industry distribution chart, Taiheiyo Cement ranks #102 out of 396 companies in the Building Materials industry, placing it in the top 25.8%.
Is Taiheiyo Cement's PB Ratio too high?
Taiheiyo Cement's current PB Ratio of 0.71 is near median its 10-year median of 0.71. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 1.62. The Building Materials industry median PB Ratio is 1.18. Taiheiyo Cement's value of 0.71 is 39.6% below this industry median. Based on the distribution chart, Taiheiyo Cement ranks #102 out of 396 companies in the Building Materials industry, which is above the industry midpoint. Overall, Taiheiyo Cement has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiheiyo Cement's PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Taiheiyo Cement ranks #102 out of 396 companies for PB Ratio. This puts Taiheiyo Cement in the upper half of its industry. The industry median PB Ratio is 1.18. Taiheiyo Cement's value of 0.71 is 39.6% below this benchmark. Historically, Taiheiyo Cement's own PB Ratio has ranged from 0.44 to 1.62 over the past decade. While the company's 10-year median is 0.71 vs. the industry median of 1.18, Taiheiyo Cement 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 Building Materials company?
The median PB Ratio among Building Materials companies is 1.18, based on 396 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. Taiheiyo Cement's current PB Ratio of 0.71 is 39.6% 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 Taiheiyo Cement and its competitors. For the Building Materials industry, the median PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiheiyo Cement's current PB Ratio is 0.71, which is near median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiheiyo Cement stock overvalued right now?
Based on GuruFocus' analysis, Taiheiyo Cement (THYCY) is currently considered Fairly Valued. The stock's GF Value™ is $6.45, compared to a current price of $6.82 — trading 5.7% above its estimated fair value. The current PB Ratio is 0.71, which is near median its 10-year median of 0.71 and 39.6% below the Building Materials industry median of 1.18. Taiheiyo Cement's overall GF Score™ is 83/100 with 4 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 Taiheiyo Cement (THYCY), the current PB Ratio is 0.71 as of Jun. 30, 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 Taiheiyo Cement (THYCY) Overvalued in 2026?

Based on GuruFocus' analysis, Taiheiyo Cement stock appears to be overvalued. The current stock price of $6.82 is trading 5.7% above its estimated GF Value™ of $6.45. GuruFocus considers Taiheiyo Cement to be Fairly Valued.

Key valuation signals for THYCY:

  • PB Ratio: 0.71 (near median its 10-year median of 0.71)
  • GF Value™: $6.45 vs. price of $6.82 (5.7% above fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 39.6% below the Building Materials median (#102 of 396)

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


Taiheiyo Cement Business Description

Other Exchanges THYCF:USA5233:Japan
Address 1-1-1 Koishikawa, Bunkyo Garden Gate Tower, Bunkyo-ku, Tokyo, JPN, 112-8503
Taiheiyo Cement Corp is a Japan-based company mainly engaged in the manufacture and sale of cement products. The company operates through four main segments. The Building Materials and Civil Engineering segment handles secondary concrete products and ALC (lightweight aerated concrete). The Cement segment covers various cement types and ready-mixed concrete. The Environmental Business focuses on waste recycling and desulfurization materials. The Resources segment deals with aggregates and limestone products. The Others segment includes real estate, engineering, information processing, finance, transportation, warehousing, chemical products, sports, and power supply. It generates the majority of its revenue from the Cement segment.
83GF Score

Get the complete analysis for THYCY

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

$6.82
Price
$6.45
GF Value