Asahi Printing Co (TSE:3951) PB Ratio: 0.50 (As of Jul. 19, 2026) — 22% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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.

TSE:3951 Asahi Printing Co Ltd TSE:3951
66 GF Score
Price 円867.00
GF Value 円978.78
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Asahi Printing Co PB Ratio?

Asahi Printing Co TSE:3951 -0.91% 66 PB Ratio is 0.50 as of Jul. 19, 2026, which is 22% below its 10-year median of 0.64. GuruFocus rates TSE:3951 with a GF Score™ of 66/100 and a GF Value™ of 円978.78 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 389 Packaging & Containers companies, Asahi Printing Co ranks better than 82.52% 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 (2026-07-19), Asahi Printing Co's share price is 円867.00. Asahi Printing Co's Book Value per Share for the quarter that ended in Mar. 2026 was 円1,723.20. Hence, Asahi Printing Co's PB Ratio of today is 0.50.

Good Sign:

Asahi Printing Co Ltd stock PB Ratio (=0.5) is close to 10-year low of 0.49.

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

TSE:3951' s PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.64   Max: 1.18
Current: 0.5

During the past 13 years, Asahi Printing Co's highest PB Ratio was 1.18. The lowest was 0.49. And the median was 0.64.

TSE:3951's PB Ratio is ranked better than
82.52% of 389 companies
in the Packaging & Containers industry
Industry Median: 1.18 vs TSE:3951: 0.50

During the past 12 months, Asahi Printing Co's average Book Value Per Share Growth Rate was 6.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Asahi Printing Co was 10.20% per year. The lowest was 3.10% per year. And the median was 4.75% per year.

Back to Basics: PB Ratio


Asahi Printing Co  (TSE:3951) 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.


Asahi Printing Co PB Ratio Related Terms


Asahi Printing Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Asahi Printing 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.

Asahi Printing Co PB Ratio Chart

Asahi Printing Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.59 0.58 0.56 0.51

Asahi Printing Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.58 0.57 0.56 0.55 0.51

TSE:3951 vs SW, PKG, IP: PB Ratio Comparison

For the Packaging & Containers subindustry, Asahi Printing 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.


Asahi Printing Co PB Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Asahi Printing Co's PB Ratio distribution charts can be found below:

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


TSE:3951
66GF Score
Asahi Printing Co Ltd TSE:3951
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asahi Printing 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=867.00/1723.197
=0.50

* 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 0.50 mean?
Asahi Printing Co (TSE:3951) has a PB Ratio of 0.50 as of Jul. 19, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Asahi Printing Co and its competitors. This is 22% below median its historical median of 0.64. Over the past decade, Asahi Printing Co's PB Ratio has ranged from 0.49 to 1.18. According to the industry distribution chart, Asahi Printing Co ranks #68 out of 389 companies in the Packaging & Containers industry, placing it in the top 17.5%.
Is Asahi Printing Co's PB Ratio too high?
Asahi Printing Co's current PB Ratio of 0.50 is 22% below median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 1.18. The Packaging & Containers industry median PB Ratio is 1.18. Asahi Printing Co's value of 0.50 is 57.6% below this industry median. Based on the distribution chart, Asahi Printing Co ranks #68 out of 389 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, Asahi Printing Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asahi Printing Co's PB Ratio compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Asahi Printing Co ranks #68 out of 389 companies for PB Ratio. This places Asahi Printing Co in the top 18% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.18. Asahi Printing Co's value of 0.50 is 57.6% below this benchmark. Historically, Asahi Printing Co's own PB Ratio has ranged from 0.49 to 1.18 over the past decade. While the company's 10-year median is 0.64 vs. the industry median of 1.18, Asahi Printing 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 Packaging & Containers company?
The median PB Ratio among Packaging & Containers companies is 1.18, based on 389 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. Asahi Printing Co's current PB Ratio of 0.50 is 57.6% 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 Asahi Printing Co and its competitors. For the Packaging & Containers industry, the median PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi Printing Co's current PB Ratio is 0.50, which is 22% below median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Printing Co stock overvalued right now?
Based on GuruFocus' analysis, Asahi Printing Co (TSE:3951) is currently considered Modestly Undervalued. The stock's GF Value™ is 円978.78, compared to a current price of 円867.00 — trading 11.4% below its estimated fair value. The current PB Ratio is 0.50, which is 22% below median its 10-year median of 0.64 and 57.6% below the Packaging & Containers industry median of 1.18. Asahi Printing Co's overall GF Score™ is 66/100 with 3 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 Asahi Printing Co (TSE:3951), the current PB Ratio is 0.50 as of Jul. 19, 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 Asahi Printing Co (TSE:3951) Overvalued in 2026?

Based on GuruFocus' analysis, Asahi Printing Co stock appears to be undervalued. The current stock price of 円867.00 is trading 11.4% below its estimated GF Value™ of 円978.78. GuruFocus considers Asahi Printing Co to be Modestly Undervalued.

Key valuation signals for TSE:3951:

  • PB Ratio: 0.50 (22% below median its 10-year median of 0.64)
  • GF Value™: 円978.78 vs. price of 円867.00 (11.4% below fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 57.6% below the Packaging & Containers median (#68 of 389)

No single metric tells the full story. See the TSE:3951 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asahi Printing Co Business Description

Address Ichibancho Square Building, 1-1 Ichibancho, Toyama Prefecture, Toyama, JPN, 930-0061
Asahi Printing Co Ltd is engaged in the manufacture and sale of printing and packaging materials. In addition, the company also engages in the temporary staffing business. The company operates in three segments, which include the Printing and packaging business, the Packaging Systems Sales Business, and Others.
66GF Score

Get the complete analysis for TSE:3951

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

円867.00
Price
円978.78
GF Value