Applied Technology Co Ltd stock PB Ratio (=1.43) is close to 5-year low of 1.4.
The historical rank and industry rank for Applied Technology Co's PB Ratio or its related term are showing as below:
TSE:4356'
s PB Ratio Range Over the Past 10 Years
Min: 0.77 Med: 1.86 Max: 5.16
Current: 1.5
During the past 13 years, Applied Technology Co's highest PB Ratio was 5.16. The lowest was 0.77. And the median was 1.86.
TSE:4356's PB Ratio is ranked better than 69.57% of 2626
companies
in the Software industry
Industry Median: 2.385
vs TSE:4356: 1.50
During the past 12 months, Applied Technology Co's average Book Value Per Share Growth Rate was 13.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 12.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 16.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 15.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Applied Technology Co was 20.60% per year. The lowest was 5.10% per year. And the median was 12.00% per year.
Back to Basics: PB Ratio
Applied Technology Co (TSE:4356) 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.
For the Information Technology Services subindustry, Applied Technology 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.
Applied Technology Co PB Ratio vs Software Industry
For the Software industry and Technology sector, Applied Technology Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Applied Technology 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.
Applied Technology Co (TSE:4356) has a PB Ratio of 1.51 as of Jul. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Applied Technology Co and its competitors. This is 19% below median its historical median of 1.86. Over the past decade, Applied Technology Co's PB Ratio has ranged from 0.77 to 5.16. According to the industry distribution chart, Applied Technology Co ranks #799 out of 2626 companies in the Software industry, placing it in the top 30.4%.
Is Applied Technology Co's PB Ratio too high?
Applied Technology Co's current PB Ratio of 1.51 is 19% below median its 10-year median of 1.86. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 5.16. The Software industry median PB Ratio is 2.39. Applied Technology Co's value of 1.51 is 36.7% below this industry median. Based on the distribution chart, Applied Technology Co ranks #799 out of 2626 companies in the Software industry, which is above the industry midpoint. Overall, Applied Technology Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Applied Technology Co's PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Applied Technology Co ranks #799 out of 2626 companies for PB Ratio. This puts Applied Technology Co in the upper half of its industry. The industry median PB Ratio is 2.39. Applied Technology Co's value of 1.51 is 36.7% below this benchmark. Historically, Applied Technology Co's own PB Ratio has ranged from 0.77 to 5.16 over the past decade. While the company's 10-year median is 1.86 vs. the industry median of 2.39, Applied Technology 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 Software company?
The median PB Ratio among Software companies is 2.39, based on 2,626 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. Applied Technology Co's current PB Ratio of 1.51 is 36.7% 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 Applied Technology Co and its competitors. For the Software industry, the median PB Ratio is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Applied Technology Co's current PB Ratio is 1.51, which is 19% below median its own 10-year median of 1.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Applied Technology Co (TSE:4356) is currently considered Fairly Valued. The stock's GF Value™ is 円1,598.33, compared to a current price of 円1,648.00 — trading 3.1% above its estimated fair value. The current PB Ratio is 1.51, which is 19% below median its 10-year median of 1.86 and 36.7% below the Software industry median of 2.39. Applied Technology Co's overall GF Score™ is 82/100 with 2 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 Applied Technology Co (TSE:4356), the current PB Ratio is 1.51 as of Jul. 09, 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 Applied Technology Co (TSE:4356) Overvalued in 2026?
Based on GuruFocus' analysis, Applied Technology Co stock appears to be overvalued.
The current stock price of 円1,648.00 is trading 3.1% above its estimated GF Value™ of 円1,598.33.
GuruFocus considers Applied Technology Co to be Fairly Valued.
Key valuation signals for TSE:4356:
PB Ratio: 1.51 (19% below median its 10-year median of 1.86)
GF Value™: 円1,598.33 vs. price of 円1,648.00 (3.1% above fair value)
Industry Position: 36.7% below the Software median (#799 of 2626)
No single metric tells the full story. See the TSE:4356 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Applied Technology Co Ltd is engaged in the development of various automatic design system based on CAD, development of structural analysis, disaster prevention, environmental evaluation simulation, and providing GIS and asset management solutions.
82GF Score
Get the complete analysis for TSE:4356
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