Hi-Crates Co (TSE:4172) PB Ratio: 1.11 (As of Jul. 11, 2026) — Near Median


TSE:4172 Hi-Crates Co Ltd TSE:4172
69 GF Score
Price 円2,179.00
GF Value 円2,326.99
Valuation Fairly Valued
! 1 Warning Sign
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What is Hi-Crates Co PB Ratio?

Hi-Crates Co TSE:4172 69 PB Ratio is 1.11 as of Jul. 11, 2026, which is 6% below its 10-year median of 1.18. GuruFocus rates TSE:4172 with a GF Score™ of 69/100 and a GF Value™ of 円2,326.99 (Fairly Valued). The stock has 1 warning sign investors should review. Among 608 Healthcare Providers & Services companies, Hi-Crates Co ranks better than 75.49% 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), Hi-Crates Co's share price is 円2179.00. Hi-Crates Co's Book Value per Share for the quarter that ended in Mar. 2026 was 円1,957.67. Hence, Hi-Crates Co's PB Ratio of today is 1.11.

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

TSE:4172' s PB Ratio Range Over the Past 10 Years
Min: 0.86   Med: 1.18   Max: 3.52
Current: 1.12

During the past 8 years, Hi-Crates Co's highest PB Ratio was 3.52. The lowest was 0.86. And the median was 1.18.

TSE:4172's PB Ratio is ranked better than
75.49% of 608 companies
in the Healthcare Providers & Services industry
Industry Median: 1.99 vs TSE:4172: 1.12

During the past 12 months, Hi-Crates Co's average Book Value Per Share Growth Rate was 5.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.60% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Hi-Crates Co was 14.90% per year. The lowest was 3.90% per year. And the median was 11.10% per year.

Back to Basics: PB Ratio


Hi-Crates Co  (TSE:4172) 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.


Hi-Crates Co PB Ratio Related Terms


Hi-Crates Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Hi-Crates 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.

Hi-Crates Co PB Ratio Chart

Hi-Crates Co Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
PB Ratio
Get a 7-Day Free Trial 2.17 1.14 1.05 1.05 1.29

Hi-Crates Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 1.17 1.23 1.29 1.24 1.19

TSE:4172 vs VEEV, BTSG, TEM: PB Ratio Comparison

For the Health Information Services subindustry, Hi-Crates 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.


Hi-Crates Co PB Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Hi-Crates Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Hi-Crates Co's PB Ratio falls into.


TSE:4172
69GF Score
Hi-Crates Co Ltd TSE:4172
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hi-Crates 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.

Hi-Crates Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=2179.00/1957.674
=1.11

* 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 1.11 mean?
Hi-Crates Co (TSE:4172) has a PB Ratio of 1.11 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 Hi-Crates Co and its competitors. This is near median its historical median of 1.18. Over the past decade, Hi-Crates Co's PB Ratio has ranged from 0.86 to 3.52. According to the industry distribution chart, Hi-Crates Co ranks #149 out of 608 companies in the Healthcare Providers & Services industry, placing it in the top 24.5%.
Is Hi-Crates Co's PB Ratio too high?
Hi-Crates Co's current PB Ratio of 1.11 is near median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 0.86 to a high of 3.52. The Healthcare Providers & Services industry median PB Ratio is 1.99. Hi-Crates Co's value of 1.11 is 44.2% below this industry median. Based on the distribution chart, Hi-Crates Co ranks #149 out of 608 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Hi-Crates Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hi-Crates Co's PB Ratio compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, Hi-Crates Co ranks #149 out of 608 companies for PB Ratio. This places Hi-Crates Co in the top 25% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.99. Hi-Crates Co's value of 1.11 is 44.2% below this benchmark. Historically, Hi-Crates Co's own PB Ratio has ranged from 0.86 to 3.52 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 1.99, Hi-Crates 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 Healthcare Providers & Services company?
The median PB Ratio among Healthcare Providers & Services companies is 1.99, based on 608 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. Hi-Crates Co's current PB Ratio of 1.11 is 44.2% 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 Hi-Crates Co and its competitors. For the Healthcare Providers & Services industry, the median PB Ratio is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hi-Crates Co's current PB Ratio is 1.11, which is near median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hi-Crates Co stock overvalued right now?
Based on GuruFocus' analysis, Hi-Crates Co (TSE:4172) is currently considered Fairly Valued. The stock's GF Value™ is 円2,326.99, compared to a current price of 円2,179.00 — trading 6.4% below its estimated fair value. The current PB Ratio is 1.11, which is near median its 10-year median of 1.18 and 44.2% below the Healthcare Providers & Services industry median of 1.99. Hi-Crates Co's overall GF Score™ is 69/100 with 1 warning sign 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 Hi-Crates Co (TSE:4172), the current PB Ratio is 1.11 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 Hi-Crates Co (TSE:4172) Overvalued in 2026?

Based on GuruFocus' analysis, Hi-Crates Co stock appears to be undervalued. The current stock price of 円2,179.00 is trading 6.4% below its estimated GF Value™ of 円2,326.99. GuruFocus considers Hi-Crates Co to be Fairly Valued.

Key valuation signals for TSE:4172:

  • PB Ratio: 1.11 (near median its 10-year median of 1.18)
  • GF Value™: 円2,326.99 vs. price of 円2,179.00 (6.4% below fair value)
  • GF Score™: 69/100 with 1 warning sign
  • Industry Position: 44.2% below the Healthcare Providers & Services median (#149 of 608)

No single metric tells the full story. See the TSE:4172 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hi-Crates Co Business Description

Address 3-12-33 Noda, Kita-ku, Okayama, JPN, 700-0971
Hi-Crates Co Ltd formerly, Towa Hi System Co Ltd is involved in the Research and development, sales, and support for integrated dental electronic medical record systems. Research and development, sales and support for iPad and web apps. which includes AI/voice electronic medical record integrated system, Visual examination and periodontal examination system, Interview System, Self-pay estimated system, Image management system etc.
69GF Score

Get the complete analysis for TSE:4172

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

円2,179.00
Price
円2,326.99
GF Value