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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Value GolfTSE:3931 -0.89%50 PB Ratio is 3.27 as of Jul. 15, 2026, which is 32% above its 10-year median of 2.47. GuruFocus rates TSE:3931 with a GF Score™ of 50/100 and a GF Value™ of 円1,280.89 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 924 Media - Diversified companies, Value Golf ranks worse than 80.52% 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 (2026-07-15), Value Golf's share price is 円1883.00. Value Golf's Book Value per Share for the quarter that ended in Jan. 2026 was 円576.44. Hence, Value Golf's PB Ratio of today is 3.27.
Warning Sign:
Value Golf Inc stock PB Ratio (=3.3) is close to 5-year high of 3.5.
The historical rank and industry rank for Value Golf's PB Ratio or its related term are showing as below:
TSE:3931'
s PB Ratio Range Over the Past 10 Years
Min: 1.22 Med: 2.47 Max: 8.27
Current: 3.27
During the past 12 years, Value Golf's highest PB Ratio was 8.27. The lowest was 1.22. And the median was 2.47.
TSE:3931's PB Ratio is ranked worse than 80.52% of 924
companies
in the Media - Diversified industry
Industry Median: 1.285
vs TSE:3931: 3.27
During the past 12 months, Value Golf's average Book Value Per Share Growth Rate was -4.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -3.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 1.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 8.90% per year.
During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Value Golf was 75.90% per year. The lowest was -3.00% per year. And the median was 4.30% 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.
Value Golf PB Ratio Related Terms
Value Golf PB Ratio Historical Data
* Premium members only.
The historical data trend for Value Golf'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 Publishing subindustry, Value Golf'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.
Value Golf PB Ratio vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Value Golf's PB Ratio distribution charts can be found below:
* The bar in red indicates where Value Golf'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.
Value Golf'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.
Value Golf (TSE:3931) has a PB Ratio of 3.27 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Value Golf and its competitors. This is 32% above median its historical median of 2.47. Over the past decade, Value Golf's PB Ratio has ranged from 1.22 to 8.27. According to the industry distribution chart, Value Golf ranks #744 out of 924 companies in the Media - Diversified industry, placing it in the top 80.5%.
Is Value Golf's PB Ratio too high?
Value Golf's current PB Ratio of 3.27 is 32% above median its 10-year median of 2.47. Over the past 10 years, this metric has ranged from a low of 1.22 to a high of 8.27. The Media - Diversified industry median PB Ratio is 1.29. Value Golf's value of 3.27 is 154.5% above this industry median. Based on the distribution chart, Value Golf ranks #744 out of 924 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Value Golf has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Value Golf's PB Ratio compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Value Golf ranks #744 out of 924 companies for PB Ratio. This places Value Golf in the lower half of its industry. The industry median PB Ratio is 1.29. Value Golf's value of 3.27 is 154.5% above this benchmark. Historically, Value Golf's own PB Ratio has ranged from 1.22 to 8.27 over the past decade. While the company's 10-year median is 2.47 vs. the industry median of 1.29, Value Golf 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 Media - Diversified company?
The median PB Ratio among Media - Diversified companies is 1.29, based on 924 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. Value Golf's current PB Ratio of 3.27 is 154.5% 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 Value Golf and its competitors. For the Media - Diversified industry, the median PB Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Value Golf's current PB Ratio is 3.27, which is 32% above median its own 10-year median of 2.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Value Golf stock overvalued right now?
Based on GuruFocus' analysis, Value Golf (TSE:3931) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,280.89, compared to a current price of 円1,883.00 — trading 47% above its estimated fair value. The current PB Ratio is 3.27, which is 32% above median its 10-year median of 2.47 and 154.5% above the Media - Diversified industry median of 1.29. Value Golf's overall GF Score™ is 50/100 with 8 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 Value Golf (TSE:3931), the current PB Ratio is 3.27 as of Jul. 15, 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 Value Golf (TSE:3931) Overvalued in 2026?
Based on GuruFocus' analysis, Value Golf stock appears to be overvalued.
The current stock price of 円1,883.00 is trading 47% above its estimated GF Value™ of 円1,280.89.
GuruFocus considers Value Golf to be Significantly Overvalued.
Key valuation signals for TSE:3931:
PB Ratio: 3.27 (32% above median its 10-year median of 2.47)
GF Value™: 円1,280.89 vs. price of 円1,883.00 (47% above fair value)
Industry Position: 154.5% above the Media - Diversified median (#744 of 924)
No single metric tells the full story. See the TSE:3931 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Value Golf Inc is engaged in the management of golf-related media, issues Golf magazines, and manages WEB services, develops systems and provides ASP services related to golf. It offers value service in both real and WEB. It also has advertisement media production business and medical business which include publication, service management for medical institutions.
50GF Score
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