Dualtap Co (TSE:3469) PB Ratio: 1.53 (As of Jul. 11, 2026) — 38% Above Median


TSE:3469 Dualtap Co Ltd TSE:3469
57 GF Score
Price 円903.00
GF Value 円746.66
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Dualtap Co PB Ratio?

Dualtap Co TSE:3469 -0.11% 57 PB Ratio is 1.53 as of Jul. 11, 2026, which is 38% above its 10-year median of 1.11. GuruFocus rates TSE:3469 with a GF Score™ of 57/100 and a GF Value™ of 円746.66 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,713 Real Estate companies, Dualtap Co ranks worse than 75.42% 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 (2026-07-11), Dualtap Co's share price is 円903.00. Dualtap Co's Book Value per Share for the quarter that ended in Dec. 2025 was 円590.09. Hence, Dualtap Co's PB Ratio of today is 1.53.

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

TSE:3469' s PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 1.11   Max: 3.96
Current: 1.53

During the past 11 years, Dualtap Co's highest PB Ratio was 3.96. The lowest was 0.49. And the median was 1.11.

TSE:3469's PB Ratio is ranked worse than
75.42% of 1713 companies
in the Real Estate industry
Industry Median: 0.81 vs TSE:3469: 1.53

During the past 12 months, Dualtap Co's average Book Value Per Share Growth Rate was 13.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.40% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Dualtap Co was 20.80% per year. The lowest was -4.50% per year. And the median was 4.85% per year.

Back to Basics: PB Ratio


Dualtap Co  (TSE:3469) 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.


Dualtap Co PB Ratio Related Terms


Dualtap Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Dualtap 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.

Dualtap Co PB Ratio Chart

Dualtap Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.03 0.94 0.75 2.00 1.68

Dualtap Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.30 1.68 1.53 1.58 1.66

Dualtap Co PB Ratio Competitor Comparison

For the Real Estate - Diversified subindustry, Dualtap 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.


Dualtap Co PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Dualtap Co's PB Ratio distribution charts can be found below:

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


TSE:3469
57GF Score
Dualtap Co Ltd TSE:3469
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dualtap 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=903.00/590.085
=1.53

* 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 1.53 mean?
Dualtap Co (TSE:3469) has a PB Ratio of 1.53 as of Jul. 11, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Dualtap Co and its competitors. This is 38% above median its historical median of 1.11. Over the past decade, Dualtap Co's PB Ratio has ranged from 0.49 to 3.96. According to the industry distribution chart, Dualtap Co ranks #1292 out of 1713 companies in the Real Estate industry, placing it in the top 75.4%.
Is Dualtap Co's PB Ratio too high?
Dualtap Co's current PB Ratio of 1.53 is 38% above median its 10-year median of 1.11. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 3.96. The Real Estate industry median PB Ratio is 0.81. Dualtap Co's value of 1.53 is 88.9% above this industry median. Based on the distribution chart, Dualtap Co ranks #1292 out of 1713 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Dualtap Co has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dualtap Co's PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Dualtap Co ranks #1292 out of 1713 companies for PB Ratio. This places Dualtap Co in the lower half of its industry. The industry median PB Ratio is 0.81. Dualtap Co's value of 1.53 is 88.9% above this benchmark. Historically, Dualtap Co's own PB Ratio has ranged from 0.49 to 3.96 over the past decade. While the company's 10-year median is 1.11 vs. the industry median of 0.81, Dualtap 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.81, based on 1,713 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. Dualtap Co's current PB Ratio of 1.53 is 88.9% 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 Dualtap Co and its competitors. For the Real Estate industry, the median PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dualtap Co's current PB Ratio is 1.53, which is 38% above median its own 10-year median of 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dualtap Co stock overvalued right now?
Based on GuruFocus' analysis, Dualtap Co (TSE:3469) is currently considered Modestly Overvalued. The stock's GF Value™ is 円746.66, compared to a current price of 円903.00 — trading 20.9% above its estimated fair value. The current PB Ratio is 1.53, which is 38% above median its 10-year median of 1.11 and 88.9% above the Real Estate industry median of 0.81. Dualtap Co's overall GF Score™ is 57/100 with 4 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 Dualtap Co (TSE:3469), the current PB Ratio is 1.53 as of Jul. 11, 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 Dualtap Co (TSE:3469) Overvalued in 2026?

Based on GuruFocus' analysis, Dualtap Co stock appears to be overvalued. The current stock price of 円903.00 is trading 20.9% above its estimated GF Value™ of 円746.66. GuruFocus considers Dualtap Co to be Modestly Overvalued.

Key valuation signals for TSE:3469:

  • PB Ratio: 1.53 (38% above median its 10-year median of 1.11)
  • GF Value™: 円746.66 vs. price of 円903.00 (20.9% above fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 88.9% above the Real Estate median (#1292 of 1713)

No single metric tells the full story. See the TSE:3469 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dualtap Co Business Description

Address 4-7 Hisamatsucho, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-0005
Dualtap Co Ltd is a real estate company. Along with its subsidiaries, the company operates across various business segments such as the Real estate sales business, Real estate management business, Overseas real estate business, and the Sales support business. A majority of its revenue is generated from the Real estate sales business which plans and develops asset management condominiums, called XEBEC across various wards of Tokyo. The properties developed are sold to individual investors, REITs, real estate funds, corporate corporations, etc.
57GF Score

Get the complete analysis for TSE:3469

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

円903.00
Price
円746.66
GF Value