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HakutenTSE:2173 -1.83%69 PB Ratio is 2.18 as of Jul. 14, 2026, which is 32% below its 10-year median of 3.22. GuruFocus rates TSE:2173 with a GF Score™ of 69/100 and a GF Value™ of 円967.56 (Modestly Undervalued). Among 924 Media - Diversified companies, Hakuten ranks worse than 69.59% 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 (2026-07-14), Hakuten's share price is 円697.00. Hakuten's Book Value per Share for the quarter that ended in Dec. 2025 was 円319.07. Hence, Hakuten's PB Ratio of today is 2.18.
Good Sign:
Hakuten Corp stock PB Ratio (=2.18) is close to 5-year low of 2.04.
The historical rank and industry rank for Hakuten's PB Ratio or its related term are showing as below:
TSE:2173'
s PB Ratio Range Over the Past 10 Years
Min: 1.37 Med: 3.22 Max: 7.22
Current: 2.18
During the past 13 years, Hakuten's highest PB Ratio was 7.22. The lowest was 1.37. And the median was 3.22.
TSE:2173's PB Ratio is ranked worse than 69.59% of 924
companies
in the Media - Diversified industry
Industry Median: 1.3
vs TSE:2173: 2.18
During the past 12 months, Hakuten's average Book Value Per Share Growth Rate was 47.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 42.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 36.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 13.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hakuten was 51.40% per year. The lowest was -11.20% per year. And the median was 11.90% per year.
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.
Hakuten PB Ratio Related Terms
Hakuten PB Ratio Historical Data
* Premium members only.
The historical data trend for Hakuten'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 Advertising Agencies subindustry, Hakuten'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.
Hakuten PB Ratio vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Hakuten's PB Ratio distribution charts can be found below:
* The bar in red indicates where Hakuten'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.
Hakuten's PB Ratio for today is calculated as follows:
* 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.
Hakuten (TSE:2173) has a PB Ratio of 2.18 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hakuten and its competitors. This is 32% below median its historical median of 3.22. Over the past decade, Hakuten's PB Ratio has ranged from 1.37 to 7.22. According to the industry distribution chart, Hakuten ranks #643 out of 924 companies in the Media - Diversified industry, placing it in the top 69.6%.
Is Hakuten's PB Ratio too high?
Hakuten's current PB Ratio of 2.18 is 32% below median its 10-year median of 3.22. Over the past 10 years, this metric has ranged from a low of 1.37 to a high of 7.22. The Media - Diversified industry median PB Ratio is 1.30. Hakuten's value of 2.18 is 67.7% above this industry median. Based on the distribution chart, Hakuten ranks #643 out of 924 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Hakuten has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hakuten's PB Ratio compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Hakuten ranks #643 out of 924 companies for PB Ratio. This places Hakuten in the lower half of its industry. The industry median PB Ratio is 1.30. Hakuten's value of 2.18 is 67.7% above this benchmark. Historically, Hakuten's own PB Ratio has ranged from 1.37 to 7.22 over the past decade. While the company's 10-year median is 3.22 vs. the industry median of 1.30, Hakuten 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 Media - Diversified company?
The median PB Ratio among Media - Diversified companies is 1.30, based on 924 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. Hakuten's current PB Ratio of 2.18 is 67.7% 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 Hakuten and its competitors. For the Media - Diversified industry, the median PB Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hakuten's current PB Ratio is 2.18, which is 32% below median its own 10-year median of 3.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hakuten stock overvalued right now?
Based on GuruFocus' analysis, Hakuten (TSE:2173) is currently considered Modestly Undervalued. The stock's GF Value™ is 円967.56, compared to a current price of 円697.00 — trading 28% below its estimated fair value. The current PB Ratio is 2.18, which is 32% below median its 10-year median of 3.22 and 67.7% above the Media - Diversified industry median of 1.30. Hakuten's overall GF Score™ is 69/100. 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 Hakuten (TSE:2173), the current PB Ratio is 2.18 as of Jul. 14, 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 Hakuten (TSE:2173) Overvalued in 2026?
Based on GuruFocus' analysis, Hakuten stock appears to be undervalued.
The current stock price of 円697.00 is trading 28% below its estimated GF Value™ of 円967.56.
GuruFocus considers Hakuten to be Modestly Undervalued.
Key valuation signals for TSE:2173:
PB Ratio: 2.18 (32% below median its 10-year median of 3.22)
GF Value™: 円967.56 vs. price of 円697.00 (28% below fair value)
Industry Position: 67.7% above the Media - Diversified median (#643 of 924)
No single metric tells the full story. See the TSE:2173 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hakuten Corp is a Japan-based company engages in producing and sponsoring event promotions, exhibitions, business meetings, private shows, conferences, and conventions, among others. It is also engaged in the design, construction, and supervision of commercial spaces, such as road shows, conferences, and ceremonies, as well as the provision of digital marketing solutions.
69GF Score
Get the complete analysis for TSE:2173
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