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Palma CoTSE:3461 62 PB Ratio is 1.66 as of Jul. 16, 2026, which is 19% below its 10-year median of 2.04. GuruFocus rates TSE:3461 with a GF Score™ of 62/100 and a GF Value™ of 円378.41 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,047 Business Services companies, Palma Co ranks better than 50.62% 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 (2026-07-16), Palma Co's share price is 円589.00. Palma Co's Book Value per Share for the quarter that ended in Mar. 2026 was 円355.24. Hence, Palma Co's PB Ratio of today is 1.66.
Warning Sign:
Palma Co Ltd stock PB Ratio (=1.64) is close to 3-year high of 1.76.
The historical rank and industry rank for Palma Co's PB Ratio or its related term are showing as below:
TSE:3461'
s PB Ratio Range Over the Past 10 Years
Min: 0.89 Med: 2.04 Max: 10.86
Current: 1.66
During the past 12 years, Palma Co's highest PB Ratio was 10.86. The lowest was 0.89. And the median was 2.04.
TSE:3461's PB Ratio is ranked better than 50.62% of 1047
companies
in the Business Services industry
Industry Median: 1.68
vs TSE:3461: 1.66
During the past 12 months, Palma Co's average Book Value Per Share Growth Rate was 3.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 1.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 12.40% per year.
During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Palma Co was 71.40% per year. The lowest was -0.20% per year. And the median was 7.00% 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.
Palma Co PB Ratio Related Terms
Palma Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Palma 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 Business Services subindustry, Palma 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.
Palma Co PB Ratio vs Business Services Industry
For the Business Services industry and Industrials sector, Palma Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Palma 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.
Palma 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.
Palma Co (TSE:3461) has a PB Ratio of 1.66 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Palma Co and its competitors. This is 19% below median its historical median of 2.04. Over the past decade, Palma Co's PB Ratio has ranged from 0.89 to 10.86. According to the industry distribution chart, Palma Co ranks #517 out of 1047 companies in the Business Services industry, placing it in the top 49.4%.
Is Palma Co's PB Ratio too high?
Palma Co's current PB Ratio of 1.66 is 19% below median its 10-year median of 2.04. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 10.86. The Business Services industry median PB Ratio is 1.68. Palma Co's value of 1.66 is 1.2% below this industry median. Based on the distribution chart, Palma Co ranks #517 out of 1047 companies in the Business Services industry, which is above the industry midpoint. Overall, Palma Co has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Palma Co's PB Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Palma Co ranks #517 out of 1047 companies for PB Ratio. This puts Palma Co in the upper half of its industry. The industry median PB Ratio is 1.68. Palma Co's value of 1.66 is 1.2% below this benchmark. Historically, Palma Co's own PB Ratio has ranged from 0.89 to 10.86 over the past decade. While the company's 10-year median is 2.04 vs. the industry median of 1.68, Palma 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 Business Services company?
The median PB Ratio among Business Services companies is 1.68, based on 1,047 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. Palma Co's current PB Ratio of 1.66 is 1.2% 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 Palma Co and its competitors. For the Business Services industry, the median PB Ratio is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Palma Co's current PB Ratio is 1.66, which is 19% below median its own 10-year median of 2.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Palma Co stock overvalued right now?
Based on GuruFocus' analysis, Palma Co (TSE:3461) is currently considered Significantly Overvalued. The stock's GF Value™ is 円378.41, compared to a current price of 円589.00 — trading 55.7% above its estimated fair value. The current PB Ratio is 1.66, which is 19% below median its 10-year median of 2.04 and 1.2% below the Business Services industry median of 1.68. Palma Co's overall GF Score™ is 62/100 with 6 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 Palma Co (TSE:3461), the current PB Ratio is 1.66 as of Jul. 16, 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 Palma Co (TSE:3461) Overvalued in 2026?
Based on GuruFocus' analysis, Palma Co stock appears to be overvalued.
The current stock price of 円589.00 is trading 55.7% above its estimated GF Value™ of 円378.41.
GuruFocus considers Palma Co to be Significantly Overvalued.
Key valuation signals for TSE:3461:
PB Ratio: 1.66 (19% below median its 10-year median of 2.04)
GF Value™: 円378.41 vs. price of 円589.00 (55.7% above fair value)
Industry Position: 1.2% below the Business Services median (#517 of 1047)
No single metric tells the full story. See the TSE:3461 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Palma Co Ltd is engaged in the self-storage business for business process outsourcing. Its three solutions services include business solution services, IT solution services, and turnkey solutions. Its IT solution services include WEB reservation settlement and an inventory management system, and turn-key solutions include facility development, sales, and property management.
62GF Score
Get the complete analysis for TSE:3461
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