Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
Tomen DevicesTSE:2737 +7.01%76 PB Ratio is 1.86 as of Jul. 22, 2026, which is 124% above its 10-year median of 0.83. GuruFocus rates TSE:2737 with a GF Score™ of 76/100 and a GF Value™ of 円10,323.67 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 998 Semiconductors companies, Tomen Devices ranks better than 70.34% 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 (2026-07-22), Tomen Devices's share price is 円16180.00. Tomen Devices's Book Value per Share for the quarter that ended in Mar. 2026 was 円8,710.04. Hence, Tomen Devices's PB Ratio of today is 1.86.
The historical rank and industry rank for Tomen Devices's PB Ratio or its related term are showing as below:
TSE:2737'
s PB Ratio Range Over the Past 10 Years
Min: 0.48 Med: 0.83 Max: 2.12
Current: 1.86
During the past 13 years, Tomen Devices's highest PB Ratio was 2.12. The lowest was 0.48. And the median was 0.83.
TSE:2737's PB Ratio is ranked better than 70.34% of 998
companies
in the Semiconductors industry
Industry Median: 3.24
vs TSE:2737: 1.86
During the past 12 months, Tomen Devices's average Book Value Per Share Growth Rate was 19.40% 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 11.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 8.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tomen Devices was 12.30% per year. The lowest was 3.90% per year. And the median was 7.55% 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.
Tomen Devices PB Ratio Related Terms
Tomen Devices PB Ratio Historical Data
* Premium members only.
The historical data trend for Tomen Devices'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 Semiconductors subindustry, Tomen Devices'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.
Tomen Devices PB Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Tomen Devices's PB Ratio distribution charts can be found below:
* The bar in red indicates where Tomen Devices'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.
Tomen Devices'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.
Tomen Devices (TSE:2737) has a PB Ratio of 1.86 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tomen Devices and its competitors. This is 124% above median its historical median of 0.83. Over the past decade, Tomen Devices' PB Ratio has ranged from 0.48 to 2.12. According to the industry distribution chart, Tomen Devices ranks #296 out of 998 companies in the Semiconductors industry, placing it in the top 29.7%.
Is Tomen Devices' PB Ratio too high?
Tomen Devices' current PB Ratio of 1.86 is 124% above median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 2.12. The Semiconductors industry median PB Ratio is 3.24. Tomen Devices' value of 1.86 is 42.6% below this industry median. Based on the distribution chart, Tomen Devices ranks #296 out of 998 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Tomen Devices has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tomen Devices' PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Tomen Devices ranks #296 out of 998 companies for PB Ratio. This puts Tomen Devices in the upper half of its industry. The industry median PB Ratio is 3.24. Tomen Devices' value of 1.86 is 42.6% below this benchmark. Historically, Tomen Devices' own PB Ratio has ranged from 0.48 to 2.12 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 3.24, Tomen Devices 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 Semiconductors company?
The median PB Ratio among Semiconductors companies is 3.24, based on 998 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. Tomen Devices's current PB Ratio of 1.86 is 42.6% 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 Tomen Devices and its competitors. For the Semiconductors industry, the median PB Ratio is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tomen Devices's current PB Ratio is 1.86, which is 124% above median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tomen Devices stock overvalued right now?
Based on GuruFocus' analysis, Tomen Devices (TSE:2737) is currently considered Significantly Overvalued. The stock's GF Value™ is 円10,323.67, compared to a current price of 円16,180.00 — trading 56.7% above its estimated fair value. The current PB Ratio is 1.86, which is 124% above median its 10-year median of 0.83 and 42.6% below the Semiconductors industry median of 3.24. Tomen Devices' overall GF Score™ is 76/100 with 7 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 Tomen Devices (TSE:2737), the current PB Ratio is 1.86 as of Jul. 22, 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 Tomen Devices (TSE:2737) Overvalued in 2026?
Based on GuruFocus' analysis, Tomen Devices stock appears to be overvalued.
The current stock price of 円16,180.00 is trading 56.7% above its estimated GF Value™ of 円10,323.67.
GuruFocus considers Tomen Devices to be Significantly Overvalued.
Key valuation signals for TSE:2737:
PB Ratio: 1.86 (124% above median its 10-year median of 0.83)
GF Value™: 円10,323.67 vs. price of 円16,180.00 (56.7% above fair value)
Industry Position: 42.6% below the Semiconductors median (#296 of 998)
No single metric tells the full story. See the TSE:2737 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tomen Devices Corp is a Japan-based company operating in the semiconductor sector. The company is mainly engaged in the production and sales of semiconductors and electronic parts. It offers memory products, system large scale integration (LSI) products, thin film transistor (TFT), liquid crystal panels and fluorescent display tubes.
76GF Score
Get the complete analysis for TSE:2737
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:2737 has been successfully added to your 
