Tokyo Steel Manufacturing CoTOKSF 70 PB Ratio is 0.67 as of Jun. 25, 2026, which is 28% below its 10-year median of 0.93. GuruFocus rates TOKSF with a GF Score™ of 70/100 and a GF Value™ of $7.75 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 613 Steel companies, Tokyo Steel Manufacturing Co ranks better than 58.08% on this metric.
Tokyo Steel Manufacturing Co Ltd stock PB Ratio (=0.81) is close to 1-year high of 0.89.
The historical rank and industry rank for Tokyo Steel Manufacturing Co's PB Ratio or its related term are showing as below:
TOKSF'
s PB Ratio Range Over the Past 10 Years
Min: 0.56 Med: 0.93 Max: 1.44
Current: 0.81
During the past 13 years, Tokyo Steel Manufacturing Co's highest PB Ratio was 1.44. The lowest was 0.56. And the median was 0.93.
TOKSF's PB Ratio is ranked better than 58.08% of 613
companies
in the Steel industry
Industry Median: 0.99
vs TOKSF: 0.81
During the past 12 months, Tokyo Steel Manufacturing Co's average Book Value Per Share Growth Rate was 7.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 10.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 14.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 13.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tokyo Steel Manufacturing Co was 19.50% per year. The lowest was -33.30% per year. And the median was 10.10% per year.
Back to Basics: PB Ratio
Tokyo Steel Manufacturing Co (OTCPK:TOKSF) 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.
Tokyo Steel Manufacturing Co PB Ratio Related Terms
Tokyo Steel Manufacturing Co PB Ratio Historical Data
* 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 Steel subindustry, Tokyo Steel Manufacturing 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.
Tokyo Steel Manufacturing Co PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Tokyo Steel Manufacturing Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Tokyo Steel Manufacturing 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.
* 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.
Tokyo Steel Manufacturing Co (TOKSF) has a PB Ratio of 0.67 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tokyo Steel Manufacturing Co and its competitors. This is 28% below median its historical median of 0.93. Over the past decade, Tokyo Steel Manufacturing Co's PB Ratio has ranged from 0.56 to 1.44. According to the industry distribution chart, Tokyo Steel Manufacturing Co ranks #257 out of 613 companies in the Steel industry, placing it in the top 41.9%.
Is Tokyo Steel Manufacturing Co's PB Ratio too high?
Tokyo Steel Manufacturing Co's current PB Ratio of 0.67 is 28% below median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 1.44. The Steel industry median PB Ratio is 0.99. Tokyo Steel Manufacturing Co's value of 0.67 is 32.3% below this industry median. Based on the distribution chart, Tokyo Steel Manufacturing Co ranks #257 out of 613 companies in the Steel industry, which is above the industry midpoint. Overall, Tokyo Steel Manufacturing Co has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Steel Manufacturing Co's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Tokyo Steel Manufacturing Co ranks #257 out of 613 companies for PB Ratio. This puts Tokyo Steel Manufacturing Co in the upper half of its industry. The industry median PB Ratio is 0.99. Tokyo Steel Manufacturing Co's value of 0.67 is 32.3% below this benchmark. Historically, Tokyo Steel Manufacturing Co's own PB Ratio has ranged from 0.56 to 1.44 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 0.99, Tokyo Steel Manufacturing Co 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 Steel company?
The median PB Ratio among Steel companies is 0.99, based on 613 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. Tokyo Steel Manufacturing Co's current PB Ratio of 0.67 is 32.3% 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 Tokyo Steel Manufacturing Co and its competitors. For the Steel industry, the median PB Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Steel Manufacturing Co's current PB Ratio is 0.67, which is 28% below median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Steel Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Steel Manufacturing Co (TOKSF) is currently considered Modestly Overvalued. The stock's GF Value™ is $7.75, compared to a current price of $9.11 — trading 17.5% above its estimated fair value. The current PB Ratio is 0.67, which is 28% below median its 10-year median of 0.93 and 32.3% below the Steel industry median of 0.99. Tokyo Steel Manufacturing Co's overall GF Score™ is 70/100 with 10 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 Tokyo Steel Manufacturing Co (TOKSF), the current PB Ratio is 0.67 as of Jun. 25, 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 Tokyo Steel Manufacturing Co (TOKSF) Overvalued in 2026?
Based on GuruFocus' analysis, Tokyo Steel Manufacturing Co stock appears to be overvalued.
The current stock price of $9.11 is trading 17.5% above its estimated GF Value™ of $7.75.
GuruFocus considers Tokyo Steel Manufacturing Co to be Modestly Overvalued.
Key valuation signals for TOKSF:
PB Ratio: 0.67 (28% below median its 10-year median of 0.93)
GF Value™: $7.75 vs. price of $9.11 (17.5% above fair value)
Industry Position: 32.3% below the Steel median (#257 of 613)
No single metric tells the full story. See the TOKSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokyo Steel Manufacturing Co Ltd is a Japan-based company engaged in production of long steel products and flat steel products. The company's long product portfolio comprises H beams, sheet piles, I-beams, checkered H-beams, channels, and reinforcing bars. The company's flat product portfolio consists of heavy plates, hot-rolled coils, pickled and oiled coils, hot-dip galvanized coils, checkered coils, and steel sheets. These products are used in a broad range of applications, including construction, civil engineering, industrial equipment, plant equipment, bridge, and shipbuilding. The company has four plants located in Tahara, Okayama, Kyushu, and Utsunomiya. Tokyo Steel Manufacturing generates the majority of its revenue from the Japanese domestic market.
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