Nippon Parking Development Co Ltd stock PB Ratio (=4.07) is close to 10-year low of 3.75.
The historical rank and industry rank for Nippon Parking Development Co's PB Ratio or its related term are showing as below:
TSE:2353'
s PB Ratio Range Over the Past 10 Years
Min: 3.75 Med: 5.74 Max: 10.07
Current: 4.07
During the past 13 years, Nippon Parking Development Co's highest PB Ratio was 10.07. The lowest was 3.75. And the median was 5.74.
TSE:2353's PB Ratio is ranked worse than 88.89% of 549
companies
in the Conglomerates industry
Industry Median: 1.05
vs TSE:2353: 4.07
During the past 12 months, Nippon Parking Development Co's average Book Value Per Share Growth Rate was 14.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 25.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 18.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 10.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nippon Parking Development Co was 44.00% per year. The lowest was -58.90% per year. And the median was 11.10% per year.
Back to Basics: PB Ratio
Nippon Parking Development Co (TSE:2353) 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.
Nippon Parking Development Co PB Ratio Related Terms
Nippon Parking Development 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 Conglomerates subindustry, Nippon Parking Development 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.
Nippon Parking Development Co PB Ratio vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Nippon Parking Development Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Nippon Parking Development Co's PB Ratio falls into.
Nippon Parking Development Co 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.
* 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.
Nippon Parking Development Co (TSE:2353) has a PB Ratio of 4.07 as of Jul. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Nippon Parking Development Co and its competitors. This is 29% below median its historical median of 5.74. Over the past decade, Nippon Parking Development Co's PB Ratio has ranged from 3.75 to 10.07. According to the industry distribution chart, Nippon Parking Development Co ranks #488 out of 549 companies in the Conglomerates industry, placing it in the top 88.9%.
Is Nippon Parking Development Co's PB Ratio too high?
Nippon Parking Development Co's current PB Ratio of 4.07 is 29% below median its 10-year median of 5.74. Over the past 10 years, this metric has ranged from a low of 3.75 to a high of 10.07. The Conglomerates industry median PB Ratio is 1.05. Nippon Parking Development Co's value of 4.07 is 287.6% above this industry median. Based on the distribution chart, Nippon Parking Development Co ranks #488 out of 549 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Nippon Parking Development Co has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nippon Parking Development Co's PB Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Nippon Parking Development Co ranks #488 out of 549 companies for PB Ratio. This places Nippon Parking Development Co in the lower half of its industry. The industry median PB Ratio is 1.05. Nippon Parking Development Co's value of 4.07 is 287.6% above this benchmark. Historically, Nippon Parking Development Co's own PB Ratio has ranged from 3.75 to 10.07 over the past decade. While the company's 10-year median is 5.74 vs. the industry median of 1.05, Nippon Parking Development Co 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 Conglomerates company?
The median PB Ratio among Conglomerates companies is 1.05, based on 549 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. Nippon Parking Development Co's current PB Ratio of 4.07 is 287.6% 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 Nippon Parking Development Co and its competitors. For the Conglomerates industry, the median PB Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Parking Development Co's current PB Ratio is 4.07, which is 29% below median its own 10-year median of 5.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Parking Development Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Parking Development Co (TSE:2353) is currently considered Fairly Valued. The stock's GF Value™ is 円276.12, compared to a current price of 円257.00 — trading 6.9% below its estimated fair value. The current PB Ratio is 4.07, which is 29% below median its 10-year median of 5.74 and 287.6% above the Conglomerates industry median of 1.05. Nippon Parking Development Co's overall GF Score™ is 91/100 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 Nippon Parking Development Co (TSE:2353), the current PB Ratio is 4.07 as of Jul. 12, 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 Nippon Parking Development Co (TSE:2353) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Parking Development Co stock appears to be undervalued.
The current stock price of 円257.00 is trading 6.9% below its estimated GF Value™ of 円276.12.
GuruFocus considers Nippon Parking Development Co to be Fairly Valued.
Key valuation signals for TSE:2353:
PB Ratio: 4.07 (29% below median its 10-year median of 5.74)
GF Value™: 円276.12 vs. price of 円257.00 (6.9% below fair value)
Industry Position: 287.6% above the Conglomerates median (#488 of 549)
No single metric tells the full story. See the TSE:2353 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Parking Development Co Business Description
Nippon Parking Development Co Ltd provides car parking solutions and services. The company's reporting segments consist of: i) Parking Business: operating and managing parking lots, ii) Ski Resort Business: operates and acquires ski resorts, and iii) Theme Park Business: involves the operation and acquisition of theme parks. The majority of revenue is derived from the Parking business segment.
91GF Score
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