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Happiness and D CoTSE:3174 -1.22%46 PB Ratio is 2.58 as of Jul. 14, 2026, which is 139% above its 10-year median of 1.08. GuruFocus rates TSE:3174 with a GF Score™ of 46/100 and a GF Value™ of 円555.25 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,076 Retail - Cyclical companies, Happiness and D Co ranks worse than 71.1% on this metric.
The historical rank and industry rank for Happiness and D Co's PB Ratio or its related term are showing as below:
TSE:3174'
s PB Ratio Range Over the Past 10 Years
Min: 0.58 Med: 1.08 Max: 9.18
Current: 2.57
During the past 13 years, Happiness and D Co's highest PB Ratio was 9.18. The lowest was 0.58. And the median was 1.08.
TSE:3174's PB Ratio is ranked worse than 71.1% of 1076
companies
in the Retail - Cyclical industry
Industry Median: 1.465
vs TSE:3174: 2.57
During the past 12 months, Happiness and D Co's average Book Value Per Share Growth Rate was -49.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -55.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -34.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -13.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Happiness and D Co was 38.50% per year. The lowest was -55.20% per year. And the median was -0.70% per year.
Back to Basics: PB Ratio
Happiness and D Co (TSE:3174) 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.
Happiness and D Co PB Ratio Related Terms
Happiness and D Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Happiness and D 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, Happiness and D 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.
Happiness and D Co PB Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Happiness and D Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Happiness and D 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.
Happiness and D Co (TSE:3174) has a PB Ratio of 2.58 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 Happiness and D Co and its competitors. This is 139% above median its historical median of 1.08. Over the past decade, Happiness and D Co's PB Ratio has ranged from 0.58 to 9.18. According to the industry distribution chart, Happiness and D Co ranks #765 out of 1076 companies in the Retail - Cyclical industry, placing it in the top 71.1%.
Is Happiness and D Co's PB Ratio too high?
Happiness and D Co's current PB Ratio of 2.58 is 139% above median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 9.18. The Retail - Cyclical industry median PB Ratio is 1.47. Happiness and D Co's value of 2.58 is 76.1% above this industry median. Based on the distribution chart, Happiness and D Co ranks #765 out of 1076 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Happiness and D Co has a GF Score™ of 46/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Happiness and D Co's PB Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Happiness and D Co ranks #765 out of 1076 companies for PB Ratio. This places Happiness and D Co in the lower half of its industry. The industry median PB Ratio is 1.47. Happiness and D Co's value of 2.58 is 76.1% above this benchmark. Historically, Happiness and D Co's own PB Ratio has ranged from 0.58 to 9.18 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 1.47, Happiness and D 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 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. Happiness and D Co's current PB Ratio of 2.58 is 76.1% 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 Happiness and D 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. Happiness and D Co's current PB Ratio is 2.58, which is 139% above median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Happiness and D Co stock overvalued right now?
Based on GuruFocus' analysis, Happiness and D Co (TSE:3174) is currently considered Modestly Undervalued. The stock's GF Value™ is 円555.25, compared to a current price of 円406.00 — trading 26.9% below its estimated fair value. The current PB Ratio is 2.58, which is 139% above median its 10-year median of 1.08 and 76.1% above the Retail - Cyclical industry median of 1.47. Happiness and D Co's overall GF Score™ is 46/100 with 3 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 Happiness and D Co (TSE:3174), the current PB Ratio is 2.58 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 Happiness and D Co (TSE:3174) Overvalued in 2026?
Based on GuruFocus' analysis, Happiness and D Co stock appears to be undervalued.
The current stock price of 円406.00 is trading 26.9% below its estimated GF Value™ of 円555.25.
GuruFocus considers Happiness and D Co to be Modestly Undervalued.
Key valuation signals for TSE:3174:
PB Ratio: 2.58 (139% above median its 10-year median of 1.08)
GF Value™: 円555.25 vs. price of 円406.00 (26.9% below fair value)
Industry Position: 76.1% above the Retail - Cyclical median (#765 of 1076)
No single metric tells the full story. See the TSE:3174 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Happiness and D Co Ltd manages branded gift stores in Japan. It is engaged in sales of imported brand products, including jewelry, such as imported brand jewelry and diamond jewelry consisting of rings, necklaces, earrings, and bracelets; as well as watches, handbags, and accessories. The company has stores located in Hokkaido, Tohoku, Kanto, Chubu and Chugoku among other locations.
46GF Score
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