MBK Co (TSE:3121) PB Ratio: 1.48 (As of Jul. 09, 2026) — 39% Below Median


TSE:3121 MBK Co Ltd TSE:3121
59 GF Score
Price 円217.00
GF Value 円241.70
Valuation Modestly Undervalued
! 8 Warning Signs
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What is MBK Co PB Ratio?

MBK Co TSE:3121 +0.93% 59 PB Ratio is 1.48 as of Jul. 09, 2026, which is 39% below its 10-year median of 2.44. GuruFocus rates TSE:3121 with a GF Score™ of 59/100 and a GF Value™ of 円241.70 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,601 Asset Management companies, MBK Co ranks worse than 79.51% 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 (2026-07-09), MBK Co's share price is 円217.00. MBK Co's Book Value per Share for the quarter that ended in Apr. 2026 was 円146.91. Hence, MBK Co's PB Ratio of today is 1.48.

Good Sign:

MBK Co Ltd stock PB Ratio (=1.47) is close to 10-year low of 1.33.

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

TSE:3121' s PB Ratio Range Over the Past 10 Years
Min: 1.33   Med: 2.44   Max: 6.88
Current: 1.47

During the past 13 years, MBK Co's highest PB Ratio was 6.88. The lowest was 1.33. And the median was 2.44.

TSE:3121's PB Ratio is ranked worse than
79.51% of 1601 companies
in the Asset Management industry
Industry Median: 0.95 vs TSE:3121: 1.47

During the past 12 months, MBK Co's average Book Value Per Share Growth Rate was 2.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of MBK Co was 10.10% per year. The lowest was -18.50% per year. And the median was 2.20% per year.

Back to Basics: PB Ratio


MBK Co  (TSE:3121) 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.


MBK Co PB Ratio Related Terms


MBK Co PB Ratio Historical Data

* Premium members only.

The historical data trend for MBK 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.

MBK Co PB Ratio Chart

MBK Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Oct24 Oct25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.84 2.21 2.06 2.12 1.69

MBK Co Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Jan24 Apr24 Jul24 Oct24 Apr25 Jul25 Oct25 Apr26
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 2.12 2.12 1.80 1.69 1.43

TSE:3121 vs BLK, BX, KKR: PB Ratio Comparison

For the Asset Management subindustry, MBK 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.


MBK Co PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, MBK Co's PB Ratio distribution charts can be found below:

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


TSE:3121
59GF Score
MBK Co Ltd TSE:3121
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MBK Co 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.

MBK Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Apr. 2026)
=217.00/146.913
=1.48

* 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 1.48 mean?
MBK Co (TSE:3121) has a PB Ratio of 1.48 as of Jul. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on MBK Co and its competitors. This is 39% below median its historical median of 2.44. Over the past decade, MBK Co's PB Ratio has ranged from 1.33 to 6.88. According to the industry distribution chart, MBK Co ranks #1273 out of 1601 companies in the Asset Management industry, placing it in the top 79.5%.
Is MBK Co's PB Ratio too high?
MBK Co's current PB Ratio of 1.48 is 39% below median its 10-year median of 2.44. Over the past 10 years, this metric has ranged from a low of 1.33 to a high of 6.88. The Asset Management industry median PB Ratio is 0.95. MBK Co's value of 1.48 is 55.8% above this industry median. Based on the distribution chart, MBK Co ranks #1273 out of 1601 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, MBK Co has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MBK Co's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, MBK Co ranks #1273 out of 1601 companies for PB Ratio. This places MBK Co in the lower half of its industry. The industry median PB Ratio is 0.95. MBK Co's value of 1.48 is 55.8% above this benchmark. Historically, MBK Co's own PB Ratio has ranged from 1.33 to 6.88 over the past decade. While the company's 10-year median is 2.44 vs. the industry median of 0.95, MBK 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 an Asset Management company?
The median PB Ratio among Asset Management companies is 0.95, based on 1,601 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. MBK Co's current PB Ratio of 1.48 is 55.8% 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 MBK Co and its competitors. For the Asset Management industry, the median PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MBK Co's current PB Ratio is 1.48, which is 39% below median its own 10-year median of 2.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MBK Co stock overvalued right now?
Based on GuruFocus' analysis, MBK Co (TSE:3121) is currently considered Modestly Undervalued. The stock's GF Value™ is 円241.70, compared to a current price of 円217.00 — trading 10.2% below its estimated fair value. The current PB Ratio is 1.48, which is 39% below median its 10-year median of 2.44 and 55.8% above the Asset Management industry median of 0.95. MBK Co's overall GF Score™ is 59/100 with 8 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 MBK Co (TSE:3121), the current PB Ratio is 1.48 as of Jul. 09, 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 MBK Co (TSE:3121) Overvalued in 2026?

Based on GuruFocus' analysis, MBK Co stock appears to be undervalued. The current stock price of 円217.00 is trading 10.2% below its estimated GF Value™ of 円241.70. GuruFocus considers MBK Co to be Modestly Undervalued.

Key valuation signals for TSE:3121:

  • PB Ratio: 1.48 (39% below median its 10-year median of 2.44)
  • GF Value™: 円241.70 vs. price of 円217.00 (10.2% below fair value)
  • GF Score™: 59/100 with 8 warning signs
  • Industry Position: 55.8% above the Asset Management median (#1273 of 1601)

No single metric tells the full story. See the TSE:3121 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MBK Co Business Description

Address 3-3-1 Nishiazabu, Minato-ku, Osaka, JPN, 106-0031
MBK Co Ltd provides investment advice to business and domestic companies to invest in real estate, fund management and advisory services, and operates hotels and sports facilities. The company's division includes the Merchant Banking Business and Operation Business. The company generates the majority of its revenue from the Merchant Banking Business.
59GF Score

Get the complete analysis for TSE:3121

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

円217.00
Price
円241.70
GF Value