Yamaichi Real Estate CoTSE:2984 +0.13%59 PB Ratio is 0.47 as of Jul. 11, 2026, which is 8% below its 10-year median of 0.51. GuruFocus rates TSE:2984 with a GF Score™ of 59/100 and a GF Value™ of 円629.32 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 1,713 Real Estate companies, Yamaichi Real Estate Co ranks better than 72.5% on this metric.
Yamaichi Real Estate Co Ltd stock PB Ratio (=0.45) is close to 5-year low of 0.42.
The historical rank and industry rank for Yamaichi Real Estate Co's PB Ratio or its related term are showing as below:
TSE:2984'
s PB Ratio Range Over the Past 10 Years
Min: 0.42 Med: 0.51 Max: 0.82
Current: 0.47
During the past 9 years, Yamaichi Real Estate Co's highest PB Ratio was 0.82. The lowest was 0.42. And the median was 0.51.
TSE:2984's PB Ratio is ranked better than 72.5% of 1713
companies
in the Real Estate industry
Industry Median: 0.81
vs TSE:2984: 0.47
During the past 12 months, Yamaichi Real Estate Co's average Book Value Per Share Growth Rate was 1.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 2.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 12.30% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Yamaichi Real Estate Co was 24.60% per year. The lowest was 2.20% per year. And the median was 20.55% per year.
Back to Basics: PB Ratio
Yamaichi Real Estate Co (TSE:2984) 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.
* 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.
Yamaichi Real Estate Co PB Ratio Competitor Comparison
For the Real Estate - Development subindustry, Yamaichi Real Estate 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.
Yamaichi Real Estate Co PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Yamaichi Real Estate Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Yamaichi Real Estate 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.
* 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.
Yamaichi Real Estate Co (TSE:2984) has a PB Ratio of 0.47 as of Jul. 11, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Yamaichi Real Estate Co and its competitors. This is near median its historical median of 0.51. Over the past decade, Yamaichi Real Estate Co's PB Ratio has ranged from 0.42 to 0.82. According to the industry distribution chart, Yamaichi Real Estate Co ranks #471 out of 1713 companies in the Real Estate industry, placing it in the top 27.5%.
Is Yamaichi Real Estate Co's PB Ratio too high?
Yamaichi Real Estate Co's current PB Ratio of 0.47 is near median its 10-year median of 0.51. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 0.82. The Real Estate industry median PB Ratio is 0.81. Yamaichi Real Estate Co's value of 0.47 is 42% below this industry median. Based on the distribution chart, Yamaichi Real Estate Co ranks #471 out of 1713 companies in the Real Estate industry, which is above the industry midpoint. Overall, Yamaichi Real Estate Co has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Yamaichi Real Estate Co's PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Yamaichi Real Estate Co ranks #471 out of 1713 companies for PB Ratio. This puts Yamaichi Real Estate Co in the upper half of its industry. The industry median PB Ratio is 0.81. Yamaichi Real Estate Co's value of 0.47 is 42% below this benchmark. Historically, Yamaichi Real Estate Co's own PB Ratio has ranged from 0.42 to 0.82 over the past decade. While the company's 10-year median is 0.51 vs. the industry median of 0.81, Yamaichi Real Estate Co 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.81, based on 1,713 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. Yamaichi Real Estate Co's current PB Ratio of 0.47 is 42% 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 Yamaichi Real Estate Co and its competitors. For the Real Estate industry, the median PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yamaichi Real Estate Co's current PB Ratio is 0.47, which is near median its own 10-year median of 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yamaichi Real Estate Co stock overvalued right now?
Based on GuruFocus' analysis, Yamaichi Real Estate Co (TSE:2984) is currently considered Modestly Overvalued. The stock's GF Value™ is 円629.32, compared to a current price of 円758.00 — trading 20.4% above its estimated fair value. The current PB Ratio is 0.47, which is near median its 10-year median of 0.51 and 42% below the Real Estate industry median of 0.81. Yamaichi Real Estate Co's overall GF Score™ is 59/100 with 11 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 Yamaichi Real Estate Co (TSE:2984), the current PB Ratio is 0.47 as of Jul. 11, 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 Yamaichi Real Estate Co (TSE:2984) Overvalued in 2026?
Based on GuruFocus' analysis, Yamaichi Real Estate Co stock appears to be overvalued.
The current stock price of 円758.00 is trading 20.4% above its estimated GF Value™ of 円629.32.
GuruFocus considers Yamaichi Real Estate Co to be Modestly Overvalued.
Key valuation signals for TSE:2984:
PB Ratio: 0.47 (near median its 10-year median of 0.51)
GF Value™: 円629.32 vs. price of 円758.00 (20.4% above fair value)
Industry Position: 42% below the Real Estate median (#471 of 1713)
No single metric tells the full story. See the TSE:2984 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Yamaichi Real Estate Co Ltd is a real estate development company engaged in provision of sales, leasing, management and brokerage services. The company develops commercial land, business land, residential land, condominiums and rental condominiums. Its development business ranges from residential areas to business sites such as factories and warehouses, urban commercial facilities, and suburban commercial facilities.
59GF Score
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