Sato Foods CoTSE:2923 +0.94%73 PB Ratio is 1.74 as of Jul. 13, 2026, which is 11% above its 10-year median of 1.57. GuruFocus rates TSE:2923 with a GF Score™ of 73/100 and a GF Value™ of 円8,277.69 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,897 Consumer Packaged Goods companies, Sato Foods Co ranks worse than 61.52% 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 (2026-07-13), Sato Foods Co's share price is 円8600.00. Sato Foods Co's Book Value per Share for the quarter that ended in Apr. 2026 was 円4,928.67. Hence, Sato Foods Co's PB Ratio of today is 1.74.
The historical rank and industry rank for Sato Foods Co's PB Ratio or its related term are showing as below:
TSE:2923'
s PB Ratio Range Over the Past 10 Years
Min: 1.17 Med: 1.57 Max: 2.05
Current: 1.74
During the past 13 years, Sato Foods Co's highest PB Ratio was 2.05. The lowest was 1.17. And the median was 1.57.
TSE:2923's PB Ratio is ranked worse than 61.52% of 1897
companies
in the Consumer Packaged Goods industry
Industry Median: 1.35
vs TSE:2923: 1.74
During the past 12 months, Sato Foods Co's average Book Value Per Share Growth Rate was 10.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 10.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 10.90% 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 Sato Foods Co was 11.50% per year. The lowest was 1.50% per year. And the median was 6.45% 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.
Sato Foods Co PB Ratio Related Terms
Sato Foods Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Sato Foods Co'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 Packaged Foods subindustry, Sato Foods 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.
Sato Foods Co PB Ratio vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Sato Foods Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Sato Foods Co'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.
Sato Foods Co'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.
Sato Foods Co (TSE:2923) has a PB Ratio of 1.74 as of Jul. 13, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Sato Foods Co and its competitors. This is 11% above median its historical median of 1.57. Over the past decade, Sato Foods Co's PB Ratio has ranged from 1.17 to 2.05. According to the industry distribution chart, Sato Foods Co ranks #1167 out of 1897 companies in the Consumer Packaged Goods industry, placing it in the top 61.5%.
Is Sato Foods Co's PB Ratio too high?
Sato Foods Co's current PB Ratio of 1.74 is 11% above median its 10-year median of 1.57. Over the past 10 years, this metric has ranged from a low of 1.17 to a high of 2.05. The Consumer Packaged Goods industry median PB Ratio is 1.35. Sato Foods Co's value of 1.74 is 28.9% above this industry median. Based on the distribution chart, Sato Foods Co ranks #1167 out of 1897 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Sato Foods Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sato Foods Co's PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Sato Foods Co ranks #1167 out of 1897 companies for PB Ratio. This places Sato Foods Co in the lower half of its industry. The industry median PB Ratio is 1.35. Sato Foods Co's value of 1.74 is 28.9% above this benchmark. Historically, Sato Foods Co's own PB Ratio has ranged from 1.17 to 2.05 over the past decade. While the company's 10-year median is 1.57 vs. the industry median of 1.35, Sato Foods 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 Consumer Packaged Goods company?
The median PB Ratio among Consumer Packaged Goods companies is 1.35, based on 1,897 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. Sato Foods Co's current PB Ratio of 1.74 is 28.9% 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 Sato Foods Co and its competitors. For the Consumer Packaged Goods industry, the median PB Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sato Foods Co's current PB Ratio is 1.74, which is 11% above median its own 10-year median of 1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sato Foods Co stock overvalued right now?
Based on GuruFocus' analysis, Sato Foods Co (TSE:2923) is currently considered Fairly Valued. The stock's GF Value™ is 円8,277.69, compared to a current price of 円8,600.00 — trading 3.9% above its estimated fair value. The current PB Ratio is 1.74, which is 11% above median its 10-year median of 1.57 and 28.9% above the Consumer Packaged Goods industry median of 1.35. Sato Foods Co's overall GF Score™ is 73/100 with 5 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 Sato Foods Co (TSE:2923), the current PB Ratio is 1.74 as of Jul. 13, 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 Sato Foods Co (TSE:2923) Overvalued in 2026?
Based on GuruFocus' analysis, Sato Foods Co stock appears to be overvalued.
The current stock price of 円8,600.00 is trading 3.9% above its estimated GF Value™ of 円8,277.69.
GuruFocus considers Sato Foods Co to be Fairly Valued.
Key valuation signals for TSE:2923:
PB Ratio: 1.74 (11% above median its 10-year median of 1.57)
GF Value™: 円8,277.69 vs. price of 円8,600.00 (3.9% above fair value)
Industry Position: 28.9% above the Consumer Packaged Goods median (#1167 of 1897)
No single metric tells the full story. See the TSE:2923 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sato Foods Co Ltd is engaged in the production and sales of packed mochi and packed cooked rice in Japan. Its packaged rice cakes include Sato sliced rice-cake crisp and slit, Round rice-cake single pack and Sato Kagami Mochi. Its packed rice products include Sato rice, low-protein rice and others.
73GF Score
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