IACE Travel (TSE:343A) PB Ratio: 1.57 (As of Jul. 18, 2026) — 20% Below Median

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TSE:343A IACE Travel Corp TSE:343A
20 GF Score
Price 円1,414.00
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What is IACE Travel PB Ratio?

IACE Travel TSE:343A +0.93% 20 PB Ratio is 1.57 as of Jul. 18, 2026, which is 20% below its 10-year median of 1.96. GuruFocus rates TSE:343A with a GF Score™ of 20/100. Among 792 Travel & Leisure companies, IACE Travel ranks worse than 51.64% 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 (2026-07-18), IACE Travel's share price is 円1414.00. IACE Travel's Book Value per Share for the quarter that ended in Mar. 2026 was 円899.89. Hence, IACE Travel's PB Ratio of today is 1.57.

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

TSE:343A' s PB Ratio Range Over the Past 10 Years
Min: 1.27   Med: 1.96   Max: 2.82
Current: 1.57

During the past 4 years, IACE Travel's highest PB Ratio was 2.82. The lowest was 1.27. And the median was 1.96.

TSE:343A's PB Ratio is ranked worse than
51.64% of 792 companies
in the Travel & Leisure industry
Industry Median: 1.485 vs TSE:343A: 1.57

During the past 12 months, IACE Travel's average Book Value Per Share Growth Rate was 50.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 26.80% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of IACE Travel was 26.80% per year. The lowest was 26.80% per year. And the median was 26.80% per year.

Back to Basics: PB Ratio


IACE Travel  (TSE:343A) 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.


IACE Travel PB Ratio Related Terms


IACE Travel PB Ratio Historical Data

* Premium members only.

The historical data trend for IACE Travel'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.

IACE Travel PB Ratio Chart

IACE Travel Annual Data
Trend Mar23 Mar24 Mar25 Mar26
PB Ratio
0.00 0.00 0.00 1.40

IACE Travel Semi-Annual Data
Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
PB Ratio Get a 7-Day Free Trial 0.00 0.00 0.00 1.83 1.40

TSE:343A vs BKNG, ABNB, RCL: PB Ratio Comparison

For the Travel Services subindustry, IACE Travel'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.


IACE Travel PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, IACE Travel's PB Ratio distribution charts can be found below:

* The bar in red indicates where IACE Travel's PB Ratio falls into.


TSE:343A
20GF Score
IACE Travel Corp TSE:343A
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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IACE Travel 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.

IACE Travel's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=1414.00/899.89
=1.57

* 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 1.57 mean?
IACE Travel (TSE:343A) has a PB Ratio of 1.57 as of Jul. 18, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on IACE Travel and its competitors. This is 20% below median its historical median of 1.96. Over the past decade, IACE Travel's PB Ratio has ranged from 1.27 to 2.82. According to the industry distribution chart, IACE Travel ranks #409 out of 792 companies in the Travel & Leisure industry, placing it in the top 51.6%.
Is IACE Travel's PB Ratio too high?
IACE Travel's current PB Ratio of 1.57 is 20% below median its 10-year median of 1.96. Over the past 10 years, this metric has ranged from a low of 1.27 to a high of 2.82. The Travel & Leisure industry median PB Ratio is 1.49. IACE Travel's value of 1.57 is 5.7% above this industry median. Based on the distribution chart, IACE Travel ranks #409 out of 792 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, IACE Travel has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does IACE Travel's PB Ratio compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, IACE Travel ranks #409 out of 792 companies for PB Ratio. This places IACE Travel in the lower half of its industry. The industry median PB Ratio is 1.49. IACE Travel's value of 1.57 is 5.7% above this benchmark. Historically, IACE Travel's own PB Ratio has ranged from 1.27 to 2.82 over the past decade. While the company's 10-year median is 1.96 vs. the industry median of 1.49, IACE Travel 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 Travel & Leisure company?
The median PB Ratio among Travel & Leisure companies is 1.49, based on 792 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. IACE Travel's current PB Ratio of 1.57 is 5.7% 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 IACE Travel and its competitors. For the Travel & Leisure industry, the median PB Ratio is 1.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IACE Travel's current PB Ratio is 1.57, which is 20% below median its own 10-year median of 1.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IACE Travel stock overvalued right now?
IACE Travel (TSE:343A) has a current PB Ratio of 1.57. The current PB Ratio is 1.57, which is 20% below median its 10-year median of 1.96 and 5.7% above the Travel & Leisure industry median of 1.49. IACE Travel's overall GF Score™ is 20/100. 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 IACE Travel (TSE:343A), the current PB Ratio is 1.57 as of Jul. 18, 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.

IACE Travel Business Description

Address 1-14-5 Nihombashi-Bakuro-cho, Chuo-ku, Tokyo, JPN, 103-0002
IACE Travel Corp is engaged in travel business that operates the cloud-based booking system Smart BTM and provides business travel management services.
20GF Score

Get the complete analysis for TSE:343A

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

円1,414.00
Price