Tri Chemical Laboratories (TSE:4369) PB Ratio: 2.82 (As of Jul. 21, 2026) — 43% Below Median

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TSE:4369 Tri Chemical Laboratories Inc TSE:4369
88 GF Score
Price 円3,190.00
GF Value 円5,112.01
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Tri Chemical Laboratories PB Ratio?

Tri Chemical Laboratories TSE:4369 -6.45% 88 PB Ratio is 2.82 as of Jul. 21, 2026, which is 43% below its 10-year median of 4.98. GuruFocus rates TSE:4369 with a GF Score™ of 88/100 and a GF Value™ of 円5,112.01 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,576 Chemicals companies, Tri Chemical Laboratories ranks worse than 71.89% 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 (2026-07-21), Tri Chemical Laboratories's share price is 円3190.00. Tri Chemical Laboratories's Book Value per Share for the quarter that ended in Apr. 2026 was 円1,131.23. Hence, Tri Chemical Laboratories's PB Ratio of today is 2.82.

The historical rank and industry rank for Tri Chemical Laboratories's PB Ratio or its related term are showing as below:

TSE:4369' s PB Ratio Range Over the Past 10 Years
Min: 2.29   Med: 4.98   Max: 11.68
Current: 2.82

During the past 13 years, Tri Chemical Laboratories's highest PB Ratio was 11.68. The lowest was 2.29. And the median was 4.98.

TSE:4369's PB Ratio is ranked worse than
71.89% of 1576 companies
in the Chemicals industry
Industry Median: 1.63 vs TSE:4369: 2.82

During the past 12 months, Tri Chemical Laboratories's average Book Value Per Share Growth Rate was 17.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 19.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 28.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tri Chemical Laboratories was 42.90% per year. The lowest was -0.10% per year. And the median was 14.35% per year.

Back to Basics: PB Ratio


Tri Chemical Laboratories  (TSE:4369) 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.


Tri Chemical Laboratories PB Ratio Related Terms


Tri Chemical Laboratories PB Ratio Historical Data

* Premium members only.

The historical data trend for Tri Chemical Laboratories'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.

Tri Chemical Laboratories PB Ratio Chart

Tri Chemical Laboratories Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.67 2.93 4.35 3.35 2.97

Tri Chemical Laboratories Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 2.64 3.37 2.82 2.97 2.83

TSE:4369 vs LIN, SHW, ECL: PB Ratio Comparison

For the Specialty Chemicals subindustry, Tri Chemical Laboratories'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.


Tri Chemical Laboratories PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tri Chemical Laboratories's PB Ratio distribution charts can be found below:

* The bar in red indicates where Tri Chemical Laboratories's PB Ratio falls into.


TSE:4369
88GF Score
Tri Chemical Laboratories Inc TSE:4369
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tri Chemical Laboratories 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.

Tri Chemical Laboratories's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Apr. 2026)
=3190.00/1131.229
=2.82

* 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 2.82 mean?
Tri Chemical Laboratories (TSE:4369) has a PB Ratio of 2.82 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tri Chemical Laboratories and its competitors. This is 43% below median its historical median of 4.98. Over the past decade, Tri Chemical Laboratories' PB Ratio has ranged from 2.29 to 11.68. According to the industry distribution chart, Tri Chemical Laboratories ranks #1133 out of 1576 companies in the Chemicals industry, placing it in the top 71.9%.
Is Tri Chemical Laboratories' PB Ratio too high?
Tri Chemical Laboratories' current PB Ratio of 2.82 is 43% below median its 10-year median of 4.98. Over the past 10 years, this metric has ranged from a low of 2.29 to a high of 11.68. The Chemicals industry median PB Ratio is 1.63. Tri Chemical Laboratories' value of 2.82 is 73% above this industry median. Based on the distribution chart, Tri Chemical Laboratories ranks #1133 out of 1576 companies in the Chemicals industry, which is below the industry midpoint. Overall, Tri Chemical Laboratories has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tri Chemical Laboratories' PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Tri Chemical Laboratories ranks #1133 out of 1576 companies for PB Ratio. This places Tri Chemical Laboratories in the lower half of its industry. The industry median PB Ratio is 1.63. Tri Chemical Laboratories' value of 2.82 is 73% above this benchmark. Historically, Tri Chemical Laboratories' own PB Ratio has ranged from 2.29 to 11.68 over the past decade. While the company's 10-year median is 4.98 vs. the industry median of 1.63, Tri Chemical Laboratories 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 Chemicals company?
The median PB Ratio among Chemicals companies is 1.63, based on 1,576 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. Tri Chemical Laboratories's current PB Ratio of 2.82 is 73% 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 Tri Chemical Laboratories and its competitors. For the Chemicals industry, the median PB Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tri Chemical Laboratories's current PB Ratio is 2.82, which is 43% below median its own 10-year median of 4.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tri Chemical Laboratories stock overvalued right now?
Based on GuruFocus' analysis, Tri Chemical Laboratories (TSE:4369) is currently considered Significantly Undervalued. The stock's GF Value™ is 円5,112.01, compared to a current price of 円3,190.00 — trading 37.6% below its estimated fair value. The current PB Ratio is 2.82, which is 43% below median its 10-year median of 4.98 and 73% above the Chemicals industry median of 1.63. Tri Chemical Laboratories' overall GF Score™ is 88/100 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 Tri Chemical Laboratories (TSE:4369), the current PB Ratio is 2.82 as of Jul. 21, 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 Tri Chemical Laboratories (TSE:4369) Overvalued in 2026?

Based on GuruFocus' analysis, Tri Chemical Laboratories stock appears to be undervalued. The current stock price of 円3,190.00 is trading 37.6% below its estimated GF Value™ of 円5,112.01. GuruFocus considers Tri Chemical Laboratories to be Significantly Undervalued.

Key valuation signals for TSE:4369:

  • PB Ratio: 2.82 (43% below median its 10-year median of 4.98)
  • GF Value™: 円5,112.01 vs. price of 円3,190.00 (37.6% below fair value)
  • GF Score™: 88/100 with 2 warning signs
  • Industry Position: 73% above the Chemicals median (#1133 of 1576)

No single metric tells the full story. See the TSE:4369 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tri Chemical Laboratories Business Description

Other Exchanges 22E:Germany
Address 8154-217 Uenohara, Uenohara-shi, Yamanashi, JPN, 409-0112
Tri Chemical Laboratories Inc is engaged in the manufacturing of high-purity chemical compounds for the semiconductor industry.
88GF Score

Get the complete analysis for TSE:4369

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

円3,190.00
Price
円5,112.01
GF Value