HIP (TSE:2136) PB Ratio: 1.42 (As of Jul. 02, 2026) — 19% Above Median


TSE:2136 HIP Corp TSE:2136
72 GF Score
Price 円1,518.00
GF Value 円1,309.07
Valuation Modestly Overvalued
! 1 Warning Sign
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What is HIP PB Ratio?

HIP TSE:2136 +0.20% 72 PB Ratio is 1.42 as of Jul. 02, 2026, which is 19% above its 10-year median of 1.19. GuruFocus rates TSE:2136 with a GF Score™ of 72/100 and a GF Value™ of 円1,309.07 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,050 Business Services companies, HIP ranks better than 57.05% 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 (2026-07-02), HIP's share price is 円1518.00. HIP's Book Value per Share for the quarter that ended in Mar. 2026 was 円1,071.46. Hence, HIP's PB Ratio of today is 1.42.

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

TSE:2136' s PB Ratio Range Over the Past 10 Years
Min: 0.67   Med: 1.19   Max: 3.62
Current: 1.41

During the past 13 years, HIP's highest PB Ratio was 3.62. The lowest was 0.67. And the median was 1.19.

TSE:2136's PB Ratio is ranked better than
57.05% of 1050 companies
in the Business Services industry
Industry Median: 1.635 vs TSE:2136: 1.41

During the past 12 months, HIP's average Book Value Per Share Growth Rate was 4.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of HIP was 14.00% per year. The lowest was -32.70% per year. And the median was 7.45% per year.

Back to Basics: PB Ratio


HIP  (TSE:2136) 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.


HIP PB Ratio Related Terms


HIP PB Ratio Historical Data

* Premium members only.

The historical data trend for HIP'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.

HIP PB Ratio Chart

HIP 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 0.84 0.98 1.28 1.05 1.39

HIP Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 1.28 1.04 1.05 1.47 1.39

TSE:2136 vs KFY, RHI, TNET: PB Ratio Comparison

For the Staffing & Employment Services subindustry, HIP'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.


HIP PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, HIP's PB Ratio distribution charts can be found below:

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


TSE:2136
72GF Score
HIP Corp TSE:2136
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HIP 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.

HIP's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=1518.00/1071.462
=1.42

* 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 1.42 mean?
HIP (TSE:2136) has a PB Ratio of 1.42 as of Jul. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on HIP and its competitors. This is 19% above median its historical median of 1.19. Over the past decade, HIP's PB Ratio has ranged from 0.67 to 3.62. According to the industry distribution chart, HIP ranks #451 out of 1050 companies in the Business Services industry, placing it in the top 43%.
Is HIP's PB Ratio too high?
HIP's current PB Ratio of 1.42 is 19% above median its 10-year median of 1.19. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 3.62. The Business Services industry median PB Ratio is 1.64. HIP's value of 1.42 is 13.1% below this industry median. Based on the distribution chart, HIP ranks #451 out of 1050 companies in the Business Services industry, which is above the industry midpoint. Overall, HIP has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HIP's PB Ratio compare to KFY and RHI?
According to the Business Services industry distribution chart, HIP ranks #451 out of 1050 companies for PB Ratio. This puts HIP in the upper half of its industry. The industry median PB Ratio is 1.64. HIP's value of 1.42 is 13.1% below this benchmark. Historically, HIP's own PB Ratio has ranged from 0.67 to 3.62 over the past decade. While the company's 10-year median is 1.19 vs. the industry median of 1.64, HIP 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 Business Services company?
The median PB Ratio among Business Services companies is 1.64, based on 1,050 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. HIP's current PB Ratio of 1.42 is 13.1% 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 HIP and its competitors. For the Business Services industry, the median PB Ratio is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HIP's current PB Ratio is 1.42, which is 19% above median its own 10-year median of 1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HIP stock overvalued right now?
Based on GuruFocus' analysis, HIP (TSE:2136) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,309.07, compared to a current price of 円1,518.00 — trading 16% above its estimated fair value. The current PB Ratio is 1.42, which is 19% above median its 10-year median of 1.19 and 13.1% below the Business Services industry median of 1.64. HIP's overall GF Score™ is 72/100 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 HIP (TSE:2136), the current PB Ratio is 1.42 as of Jul. 02, 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 HIP (TSE:2136) Overvalued in 2026?

Based on GuruFocus' analysis, HIP stock appears to be overvalued. The current stock price of 円1,518.00 is trading 16% above its estimated GF Value™ of 円1,309.07. GuruFocus considers HIP to be Modestly Overvalued.

Key valuation signals for TSE:2136:

  • PB Ratio: 1.42 (19% above median its 10-year median of 1.19)
  • GF Value™: 円1,309.07 vs. price of 円1,518.00 (16% above fair value)
  • GF Score™: 72/100 with 1 warning sign
  • Industry Position: 13.1% below the Business Services median (#451 of 1050)

No single metric tells the full story. See the TSE:2136 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HIP Business Description

Address 8-8, Kusunoki-cho, Nishi-ku, Kanagawa-Prefecture, Yokohama, JPN, 220-0003
HIP Corp is engaged in the outsourcing business that provides technical services of mechanical design, electronic design, and software development.
72GF Score

Get the complete analysis for TSE:2136

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

円1,518.00
Price
円1,309.07
GF Value