Trial Holdings (TSE:141A) PB Ratio: 2.85 (As of Jul. 11, 2026) — Near Median


TSE:141A Trial Holdings Inc TSE:141A
9 GF Score
Price 円3,040.00
! 5 Warning Signs
View Full Analysis

What is Trial Holdings PB Ratio?

Trial Holdings TSE:141A -1.94% 9 PB Ratio is 2.85 as of Jul. 11, 2026, which is 4% above its 10-year median of 2.74. GuruFocus rates TSE:141A with a GF Score™ of 9/100. The stock has 5 warning signs investors should review. Among 306 Retail - Defensive companies, Trial Holdings ranks worse than 68.63% 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), Trial Holdings's share price is 円3040.00. Trial Holdings's Book Value per Share for the quarter that ended in Dec. 2025 was 円1,067.07. Hence, Trial Holdings's PB Ratio of today is 2.85.

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

TSE:141A' s PB Ratio Range Over the Past 10 Years
Min: 1.84   Med: 2.74   Max: 4.47
Current: 2.84

During the past 5 years, Trial Holdings's highest PB Ratio was 4.47. The lowest was 1.84. And the median was 2.74.

TSE:141A's PB Ratio is ranked worse than
68.63% of 306 companies
in the Retail - Defensive industry
Industry Median: 1.67 vs TSE:141A: 2.84

During the past 12 months, Trial Holdings's average Book Value Per Share Growth Rate was 6.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 28.20% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Trial Holdings was 29.70% per year. The lowest was 28.20% per year. And the median was 28.95% per year.

Back to Basics: PB Ratio


Trial Holdings  (TSE:141A) 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.


Trial Holdings PB Ratio Related Terms


Trial Holdings PB Ratio Historical Data

* Premium members only.

The historical data trend for Trial Holdings'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.

Trial Holdings PB Ratio Chart

Trial Holdings Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
PB Ratio
0.00 0.00 0.00 2.65 2.24

Trial Holdings Quarterly Data
Jun21 Jun22 Dec22 Jun23 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 2.17 2.24 2.33 2.95 3.94

TSE:141A vs WMT, COST, TGT: PB Ratio Comparison

For the Discount Stores subindustry, Trial Holdings'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.


Trial Holdings PB Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Trial Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Trial Holdings's PB Ratio falls into.


TSE:141A
9GF Score
Trial Holdings Inc TSE:141A
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trial Holdings 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.

Trial Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=3040.00/1067.073
=2.85

* 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 2.85 mean?
Trial Holdings (TSE:141A) has a PB Ratio of 2.85 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 Trial Holdings and its competitors. This is near median its historical median of 2.74. Over the past decade, Trial Holdings' PB Ratio has ranged from 1.84 to 4.47. According to the industry distribution chart, Trial Holdings ranks #210 out of 306 companies in the Retail - Defensive industry, placing it in the top 68.6%.
Is Trial Holdings' PB Ratio too high?
Trial Holdings' current PB Ratio of 2.85 is near median its 10-year median of 2.74. Over the past 10 years, this metric has ranged from a low of 1.84 to a high of 4.47. The Retail - Defensive industry median PB Ratio is 1.67. Trial Holdings' value of 2.85 is 70.7% above this industry median. Based on the distribution chart, Trial Holdings ranks #210 out of 306 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Trial Holdings has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Trial Holdings' PB Ratio compare to WMT and COST?
According to the Retail - Defensive industry distribution chart, Trial Holdings ranks #210 out of 306 companies for PB Ratio. This places Trial Holdings in the lower half of its industry. The industry median PB Ratio is 1.67. Trial Holdings' value of 2.85 is 70.7% above this benchmark. Historically, Trial Holdings' own PB Ratio has ranged from 1.84 to 4.47 over the past decade. While the company's 10-year median is 2.74 vs. the industry median of 1.67, Trial Holdings 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 Retail - Defensive company?
The median PB Ratio among Retail - Defensive companies is 1.67, based on 306 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. Trial Holdings's current PB Ratio of 2.85 is 70.7% 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 Trial Holdings and its competitors. For the Retail - Defensive industry, the median PB Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trial Holdings's current PB Ratio is 2.85, which is near median its own 10-year median of 2.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trial Holdings stock overvalued right now?
Trial Holdings (TSE:141A) has a current PB Ratio of 2.85. The current PB Ratio is 2.85, which is near median its 10-year median of 2.74 and 70.7% above the Retail - Defensive industry median of 1.67. Trial Holdings' overall GF Score™ is 9/100 with 5 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 Trial Holdings (TSE:141A), the current PB Ratio is 2.85 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.

Trial Holdings Business Description

Address 1-12-2 Tanotsu, Higashi-ku, Fukuoka Prefecture, Fukuoka, JPN, 813-0034
Trial Holdings Inc is a holding company. Along with its subsidiaries, it operates in the following reportable segments: Retail Distribution Business and Retail AI Business. The majority of its revenue is generated from the Retail Distribution Business, which operates discount stores across Japan, ranging from small to large, along with medium-sized supercenters. The product lineup of the stores focuses on food (especially fresh foods), and non-food items include daily necessities and hard goods. The Retail AI Business segment is mainly involved in research and development aimed at transforming stores into smart stores, as well as the sale of products and the outsourcing of services related to smart stores. In addition, the group is involved in real estate and resort-related businesses.
9GF Score

Get the complete analysis for TSE:141A

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

円3,040.00
Price