Tokushu Tokai Paper CoTSE:3708 -0.61%64 PB Ratio is 0.82 as of Jul. 13, 2026, which is 6% above its 10-year median of 0.77. GuruFocus rates TSE:3708 with a GF Score™ of 64/100 and a GF Value™ of 円1,378.98 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 272 Forest Products companies, Tokushu Tokai Paper Co ranks worse than 51.47% on this metric.
Tokushu Tokai Paper Co Ltd stock PB Ratio (=0.82) is close to 5-year high of 0.87.
The historical rank and industry rank for Tokushu Tokai Paper Co's PB Ratio or its related term are showing as below:
TSE:3708'
s PB Ratio Range Over the Past 10 Years
Min: 0.4 Med: 0.77 Max: 1
Current: 0.82
During the past 13 years, Tokushu Tokai Paper Co's highest PB Ratio was 1.00. The lowest was 0.40. And the median was 0.77.
TSE:3708's PB Ratio is ranked worse than 51.47% of 272
companies
in the Forest Products industry
Industry Median: 0.795
vs TSE:3708: 0.82
During the past 12 months, Tokushu Tokai Paper Co's average Book Value Per Share Growth Rate was 6.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 5.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tokushu Tokai Paper Co was 5.90% per year. The lowest was -1.40% per year. And the median was 4.20% per year.
Back to Basics: PB Ratio
Tokushu Tokai Paper Co (TSE:3708) 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.
* 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.
Tokushu Tokai Paper Co PB Ratio Competitor Comparison
For the Paper & Paper Products subindustry, Tokushu Tokai Paper 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.
Tokushu Tokai Paper Co PB Ratio vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Tokushu Tokai Paper Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Tokushu Tokai Paper 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.
Tokushu Tokai Paper Co (TSE:3708) has a PB Ratio of 0.82 as of Jul. 13, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tokushu Tokai Paper Co and its competitors. This is near median its historical median of 0.77. Over the past decade, Tokushu Tokai Paper Co's PB Ratio has ranged from 0.40 to 1.00. According to the industry distribution chart, Tokushu Tokai Paper Co ranks #140 out of 272 companies in the Forest Products industry, placing it in the top 51.5%.
Is Tokushu Tokai Paper Co's PB Ratio too high?
Tokushu Tokai Paper Co's current PB Ratio of 0.82 is near median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 1.00. The Forest Products industry median PB Ratio is 0.80. Tokushu Tokai Paper Co's value of 0.82 is 3.1% above this industry median. Based on the distribution chart, Tokushu Tokai Paper Co ranks #140 out of 272 companies in the Forest Products industry, which is below the industry midpoint. Overall, Tokushu Tokai Paper Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokushu Tokai Paper Co's PB Ratio compare to competitors?
According to the Forest Products industry distribution chart, Tokushu Tokai Paper Co ranks #140 out of 272 companies for PB Ratio. This places Tokushu Tokai Paper Co in the lower half of its industry. The industry median PB Ratio is 0.80. Tokushu Tokai Paper Co's value of 0.82 is 3.1% above this benchmark. Historically, Tokushu Tokai Paper Co's own PB Ratio has ranged from 0.40 to 1.00 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 0.80, Tokushu Tokai Paper 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 Forest Products company?
The median PB Ratio among Forest Products companies is 0.80, based on 272 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. Tokushu Tokai Paper Co's current PB Ratio of 0.82 is 3.1% 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 Tokushu Tokai Paper Co and its competitors. For the Forest Products industry, the median PB Ratio is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokushu Tokai Paper Co's current PB Ratio is 0.82, which is near median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokushu Tokai Paper Co stock overvalued right now?
Based on GuruFocus' analysis, Tokushu Tokai Paper Co (TSE:3708) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,378.98, compared to a current price of 円1,953.00 — trading 41.6% above its estimated fair value. The current PB Ratio is 0.82, which is near median its 10-year median of 0.77 and 3.1% above the Forest Products industry median of 0.80. Tokushu Tokai Paper Co's overall GF Score™ is 64/100 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 Tokushu Tokai Paper Co (TSE:3708), the current PB Ratio is 0.82 as of Jul. 13, 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 Tokushu Tokai Paper Co (TSE:3708) Overvalued in 2026?
Based on GuruFocus' analysis, Tokushu Tokai Paper Co stock appears to be overvalued.
The current stock price of 円1,953.00 is trading 41.6% above its estimated GF Value™ of 円1,378.98.
GuruFocus considers Tokushu Tokai Paper Co to be Significantly Overvalued.
Key valuation signals for TSE:3708:
PB Ratio: 0.82 (near median its 10-year median of 0.77)
GF Value™: 円1,378.98 vs. price of 円1,953.00 (41.6% above fair value)
Industry Position: 3.1% above the Forest Products median (#140 of 272)
No single metric tells the full story. See the TSE:3708 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokushu Tokai Paper Co Ltd manufactures and sells a variety of paper products. The company organizes itself into three primary divisions based on product type. The special-use paper division sells specialized paper that is used for food packaging, art printing, and securities protection. The industrial paper division sells paper that is used for fresh vegetable and cosmetic packaging, as well as water repellent paper. The household products division sells coffee and tea filter paper as well as other paper products used for cooking.
64GF Score
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