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Alpen CoTSE:3028 +1.00%65 PB Ratio is 0.67 as of Jul. 14, 2026, which is 7% below its 10-year median of 0.72. GuruFocus rates TSE:3028 with a GF Score™ of 65/100 and a GF Value™ of 円2,338.60 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,076 Retail - Cyclical companies, Alpen Co ranks better than 78.44% 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 (2026-07-14), Alpen Co's share price is 円2129.00. Alpen Co's Book Value per Share for the quarter that ended in Dec. 2025 was 円3,194.93. Hence, Alpen Co's PB Ratio of today is 0.67.
Good Sign:
Alpen Co Ltd stock PB Ratio (=0.66) is close to 5-year low of 0.6.
The historical rank and industry rank for Alpen Co's PB Ratio or its related term are showing as below:
TSE:3028'
s PB Ratio Range Over the Past 10 Years
Min: 0.51 Med: 0.72 Max: 1.37
Current: 0.67
During the past 13 years, Alpen Co's highest PB Ratio was 1.37. The lowest was 0.51. And the median was 0.72.
TSE:3028's PB Ratio is ranked better than 78.44% of 1076
companies
in the Retail - Cyclical industry
Industry Median: 1.465
vs TSE:3028: 0.67
During the past 12 months, Alpen Co'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 3.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 2.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Alpen Co was 31.50% per year. The lowest was -1.00% per year. And the median was 3.05% 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.
Alpen Co PB Ratio Related Terms
Alpen Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Alpen 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 Specialty Retail subindustry, Alpen 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.
Alpen Co PB Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Alpen Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Alpen 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.
Alpen 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.
Alpen Co (TSE:3028) has a PB Ratio of 0.67 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Alpen Co and its competitors. This is near median its historical median of 0.72. Over the past decade, Alpen Co's PB Ratio has ranged from 0.51 to 1.37. According to the industry distribution chart, Alpen Co ranks #232 out of 1076 companies in the Retail - Cyclical industry, placing it in the top 21.6%.
Is Alpen Co's PB Ratio too high?
Alpen Co's current PB Ratio of 0.67 is near median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 1.37. The Retail - Cyclical industry median PB Ratio is 1.47. Alpen Co's value of 0.67 is 54.3% below this industry median. Based on the distribution chart, Alpen Co ranks #232 out of 1076 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Alpen Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Alpen Co's PB Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Alpen Co ranks #232 out of 1076 companies for PB Ratio. This places Alpen Co in the top 22% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.47. Alpen Co's value of 0.67 is 54.3% below this benchmark. Historically, Alpen Co's own PB Ratio has ranged from 0.51 to 1.37 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 1.47, Alpen 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 Retail - Cyclical company?
The median PB Ratio among Retail - Cyclical companies is 1.47, based on 1,076 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. Alpen Co's current PB Ratio of 0.67 is 54.3% 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 Alpen Co and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpen Co's current PB Ratio is 0.67, which is near median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpen Co stock overvalued right now?
Based on GuruFocus' analysis, Alpen Co (TSE:3028) is currently considered Fairly Valued. The stock's GF Value™ is 円2,338.60, compared to a current price of 円2,129.00 — trading 9% below its estimated fair value. The current PB Ratio is 0.67, which is near median its 10-year median of 0.72 and 54.3% below the Retail - Cyclical industry median of 1.47. Alpen Co's overall GF Score™ is 65/100 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 Alpen Co (TSE:3028), the current PB Ratio is 0.67 as of Jul. 14, 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 Alpen Co (TSE:3028) Overvalued in 2026?
Based on GuruFocus' analysis, Alpen Co stock appears to be undervalued.
The current stock price of 円2,129.00 is trading 9% below its estimated GF Value™ of 円2,338.60.
GuruFocus considers Alpen Co to be Fairly Valued.
Key valuation signals for TSE:3028:
PB Ratio: 0.67 (near median its 10-year median of 0.72)
GF Value™: 円2,338.60 vs. price of 円2,129.00 (9% below fair value)
Industry Position: 54.3% below the Retail - Cyclical median (#232 of 1076)
No single metric tells the full story. See the TSE:3028 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alpen Co Ltd is a Japan-based specialty retailer that is primarily engaged in the production and sale of sports products. The company's products consist of sports equipment, apparel, accessories, dietary supplements, and other items. The company operates through three store formats, including Alpen, focusing on products related to winter sports; Golf 5, primarily providing golf-related sports products; Sports Depo, which offers all kinds of sporting goods. The Sports Depo accounts for around half of the company's total revenue. The company runs a nationwide retail network across Japan.
65GF Score
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