JTEC (TSE:2479) PB Ratio: 1.29 (As of Jul. 15, 2026) — 30% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:2479 JTEC Corp TSE:2479
68 GF Score
Price 円238.00
GF Value 円237.44
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is JTEC PB Ratio?

JTEC TSE:2479 -0.42% 68 PB Ratio is 1.29 as of Jul. 15, 2026, which is 30% below its 10-year median of 1.83. GuruFocus rates TSE:2479 with a GF Score™ of 68/100 and a GF Value™ of 円237.44 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,419 Hardware companies, JTEC ranks better than 71.97% 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 (2026-07-15), JTEC's share price is 円238.00. JTEC's Book Value per Share for the quarter that ended in Mar. 2026 was 円183.92. Hence, JTEC's PB Ratio of today is 1.29.

Good Sign:

JTEC Corp stock PB Ratio (=1.29) is close to 5-year low of 1.21.

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

TSE:2479' s PB Ratio Range Over the Past 10 Years
Min: 1.14   Med: 1.83   Max: 4.56
Current: 1.29

During the past 13 years, JTEC's highest PB Ratio was 4.56. The lowest was 1.14. And the median was 1.83.

TSE:2479's PB Ratio is ranked better than
71.97% of 2419 companies
in the Hardware industry
Industry Median: 2.27 vs TSE:2479: 1.29

During the past 12 months, JTEC's average Book Value Per Share Growth Rate was 3.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 11.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of JTEC was 14.70% per year. The lowest was -16.30% per year. And the median was 8.85% per year.

Back to Basics: PB Ratio


JTEC  (TSE:2479) 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.


JTEC PB Ratio Related Terms


JTEC PB Ratio Historical Data

* Premium members only.

The historical data trend for JTEC'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.

JTEC PB Ratio Chart

JTEC 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 1.75 1.94 1.73 1.38 1.28

JTEC 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 1.73 1.48 1.38 1.46 1.28

TSE:2479 vs APH, GLW: PB Ratio Comparison

For the Electronic Components subindustry, JTEC'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.


JTEC PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, JTEC's PB Ratio distribution charts can be found below:

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


TSE:2479
68GF Score
JTEC Corp TSE:2479
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JTEC 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=238.00/183.924
=1.29

* 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 1.29 mean?
JTEC (TSE:2479) has a PB Ratio of 1.29 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on JTEC and its competitors. This is 30% below median its historical median of 1.83. Over the past decade, JTEC's PB Ratio has ranged from 1.14 to 4.56. According to the industry distribution chart, JTEC ranks #678 out of 2419 companies in the Hardware industry, placing it in the top 28%.
Is JTEC's PB Ratio too high?
JTEC's current PB Ratio of 1.29 is 30% below median its 10-year median of 1.83. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 4.56. The Hardware industry median PB Ratio is 2.27. JTEC's value of 1.29 is 43.2% below this industry median. Based on the distribution chart, JTEC ranks #678 out of 2419 companies in the Hardware industry, which is above the industry midpoint. Overall, JTEC has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does JTEC's PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, JTEC ranks #678 out of 2419 companies for PB Ratio. This puts JTEC in the upper half of its industry. The industry median PB Ratio is 2.27. JTEC's value of 1.29 is 43.2% below this benchmark. Historically, JTEC's own PB Ratio has ranged from 1.14 to 4.56 over the past decade. While the company's 10-year median is 1.83 vs. the industry median of 2.27, JTEC 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 Hardware company?
The median PB Ratio among Hardware companies is 2.27, based on 2,419 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. JTEC's current PB Ratio of 1.29 is 43.2% 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 JTEC and its competitors. For the Hardware industry, the median PB Ratio is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JTEC's current PB Ratio is 1.29, which is 30% below median its own 10-year median of 1.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JTEC stock overvalued right now?
Based on GuruFocus' analysis, JTEC (TSE:2479) is currently considered Fairly Valued. The stock's GF Value™ is 円237.44, compared to a current price of 円238.00 — trading 0.2% above its estimated fair value. The current PB Ratio is 1.29, which is 30% below median its 10-year median of 1.83 and 43.2% below the Hardware industry median of 2.27. JTEC's overall GF Score™ is 68/100 with 2 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 JTEC (TSE:2479), the current PB Ratio is 1.29 as of Jul. 15, 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 JTEC (TSE:2479) Overvalued in 2026?

Based on GuruFocus' analysis, JTEC stock appears to be overvalued. The current stock price of 円238.00 is trading 0.2% above its estimated GF Value™ of 円237.44. GuruFocus considers JTEC to be Fairly Valued.

Key valuation signals for TSE:2479:

  • PB Ratio: 1.29 (30% below median its 10-year median of 1.83)
  • GF Value™: 円237.44 vs. price of 円238.00 (0.2% above fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 43.2% below the Hardware median (#678 of 2419)

No single metric tells the full story. See the TSE:2479 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JTEC Business Description

Address 1-10-7 Kyobashi, KPP Yaesu Building, Chuo-ku, Tokyo, JPN
JTEC Corp has technology work intellectual property leasing business. It is engaged in the mechanical design development, electrical and electronic design development, and contract development of software development. It also provides technical services, technical education service, and integrated consulting service. The Group has two reportable segments: the Technical Profession Intellectual Property Leasing Business, which provides and supports specialized technologies to client companies mainly in the four fields of Mechanical Design, Electrical and Electronic Design, Software Development, and Architectural Design; and the General Staffing and Engineer Staffing Business, which dispatches workers mainly to the manufacturing industry.
68GF Score

Get the complete analysis for TSE:2479

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

円238.00
Price
円237.44
GF Value