Human Made (TSE:456A) PB Ratio: 10.80 (As of Jul. 21, 2026) — Near Median

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TSE:456A Human Made Inc TSE:456A
21 GF Score
Price 円1,493.00
! 3 Warning Signs
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What is Human Made PB Ratio?

Human Made TSE:456A -3.68% 21 PB Ratio is 10.80 as of Jul. 21, 2026, which is 2% below its 10-year median of 11.00. GuruFocus rates TSE:456A with a GF Score™ of 21/100. The stock has 3 warning signs investors should review. Among 1,003 Manufacturing - Apparel & Accessories companies, Human Made ranks worse than 97.01% 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), Human Made's share price is 円1493.00. Human Made's Book Value per Share for the quarter that ended in Jan. 2026 was 円138.26. Hence, Human Made's PB Ratio of today is 10.80.

The historical rank and industry rank for Human Made's PB Ratio or its related term are showing as below:

TSE:456A' s PB Ratio Range Over the Past 10 Years
Min: 6.27   Med: 11   Max: 12.8
Current: 10.8

During the past 3 years, Human Made's highest PB Ratio was 12.80. The lowest was 6.27. And the median was 11.00.

TSE:456A's PB Ratio is ranked worse than
97.01% of 1003 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.07 vs TSE:456A: 10.80

During the past 12 months, Human Made's average Book Value Per Share Growth Rate was 91.90% per year.

Back to Basics: PB Ratio


Human Made  (TSE:456A) 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.


Human Made PB Ratio Related Terms


Human Made PB Ratio Historical Data

* Premium members only.

The historical data trend for Human Made'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.

Human Made PB Ratio Chart

Human Made Annual Data
Trend Jan24 Jan25 Jan26
PB Ratio
0.00 0.00 7.48

Human Made Quarterly Data
Jan24 Jan25 Jul25 Oct25 Jan26 Apr26
PB Ratio Get a 7-Day Free Trial 0.00 0.00 0.00 7.48 9.81

TSE:456A vs RL, LEVI, VFC: PB Ratio Comparison

For the Apparel Manufacturing subindustry, Human Made'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.


Human Made PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Human Made's PB Ratio distribution charts can be found below:

* The bar in red indicates where Human Made's PB Ratio falls into.


TSE:456A
21GF Score
Human Made Inc TSE:456A
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Human Made 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.

Human Made's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jan. 2026)
=1493.00/138.261
=10.80

* 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 10.80 mean?
Human Made (TSE:456A) has a PB Ratio of 10.80 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 Human Made and its competitors. This is near median its historical median of 11.00. Over the past decade, Human Made's PB Ratio has ranged from 6.27 to 12.80. According to the industry distribution chart, Human Made ranks #973 out of 1003 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 97%.
Is Human Made's PB Ratio too high?
Human Made's current PB Ratio of 10.80 is near median its 10-year median of 11.00. Over the past 10 years, this metric has ranged from a low of 6.27 to a high of 12.80. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.07. Human Made's value of 10.80 is 909.3% above this industry median. Based on the distribution chart, Human Made ranks #973 out of 1003 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Human Made has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Human Made's PB Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Human Made ranks #973 out of 1003 companies for PB Ratio. This places Human Made in the lower half of its industry. The industry median PB Ratio is 1.07. Human Made's value of 10.80 is 909.3% above this benchmark. Historically, Human Made's own PB Ratio has ranged from 6.27 to 12.80 over the past decade. While the company's 10-year median is 11.00 vs. the industry median of 1.07, Human Made 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 Manufacturing - Apparel & Accessories company?
The median PB Ratio among Manufacturing - Apparel & Accessories companies is 1.07, based on 1,003 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. Human Made's current PB Ratio of 10.80 is 909.3% 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 Human Made and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Human Made's current PB Ratio is 10.80, which is near median its own 10-year median of 11.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Human Made stock overvalued right now?
Human Made (TSE:456A) has a current PB Ratio of 10.80. The current PB Ratio is 10.80, which is near median its 10-year median of 11.00 and 909.3% above the Manufacturing - Apparel & Accessories industry median of 1.07. Human Made's overall GF Score™ is 21/100 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 Human Made (TSE:456A), the current PB Ratio is 10.80 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.

Human Made Business Description

Address 2-24-9 Kamiosaki, Shinagawa-ku, Tokyo, JPN, 141-0021
Human Made Inc is engaged in Manufacture and sale of various apparel and textile products such as men's, women's, and children's apparel and decorative miscellaneous goods.
21GF Score

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円1,493.00
Price