Innovacell (TSE:504A) PB Ratio: 2.21 (As of Jul. 14, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:504A Innovacell Inc TSE:504A
10 GF Score
Price 円499.00
View Full Analysis

What is Innovacell PB Ratio?

Innovacell TSE:504A +10.15% 10 PB Ratio is 2.21 as of Jul. 14, 2026. GuruFocus rates TSE:504A with a GF Score™ of 10/100. Among 1,228 Biotechnology companies, Innovacell ranks better than 63.27% 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 (2026-07-14), Innovacell's share price is 円499.00. Innovacell's Book Value per Share for the quarter that ended in Dec. 2025 was 円226.04. Hence, Innovacell's PB Ratio of today is 2.21.

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

TSE:504A' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.21
Current: 2.21

During the past 3 years, Innovacell's highest PB Ratio was 2.21. The lowest was 0.00. And the median was 0.00.

TSE:504A's PB Ratio is ranked better than
63.27% of 1228 companies
in the Biotechnology industry
Industry Median: 2.885 vs TSE:504A: 2.21

Back to Basics: PB Ratio


Innovacell  (TSE:504A) 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.


Innovacell PB Ratio Related Terms


Innovacell PB Ratio Historical Data

* Premium members only.

The historical data trend for Innovacell'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.

Innovacell PB Ratio Chart

Innovacell Annual Data
Trend Dec23 Dec24 Dec25
PB Ratio
0.00 0.00 0.00

Innovacell Quarterly Data
Dec23 Dec24 Sep25 Dec25 Mar26
PB Ratio 0.00 0.00 0.00 0.00 3.55

TSE:504A vs VRTX, REGN, ALNY: PB Ratio Comparison

For the Biotechnology subindustry, Innovacell'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.


Innovacell PB Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Innovacell's PB Ratio distribution charts can be found below:

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


TSE:504A
10GF Score
Innovacell Inc TSE:504A
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Innovacell 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.

Innovacell's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=499.00/226.043
=2.21

* 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 2.21 mean?
Innovacell (TSE:504A) has a PB Ratio of 2.21 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Innovacell and its competitors. According to the industry distribution chart, Innovacell ranks #451 out of 1228 companies in the Biotechnology industry, placing it in the top 36.7%.
Is Innovacell's PB Ratio too high?
Innovacell's current PB Ratio is 2.21. The Biotechnology industry median PB Ratio is 2.89. Innovacell's value of 2.21 is 23.4% below this industry median. Based on the distribution chart, Innovacell ranks #451 out of 1228 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Innovacell has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Innovacell's PB Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Innovacell ranks #451 out of 1228 companies for PB Ratio. This puts Innovacell in the upper half of its industry. The industry median PB Ratio is 2.89. Innovacell's value of 2.21 is 23.4% below this benchmark. 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 Biotechnology company?
The median PB Ratio among Biotechnology companies is 2.89, based on 1,228 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. Innovacell's current PB Ratio of 2.21 is 23.4% 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 Innovacell and its competitors. For the Biotechnology industry, the median PB Ratio is 2.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innovacell's current PB Ratio is 2.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovacell stock overvalued right now?
Innovacell (TSE:504A) has a current PB Ratio of 2.21. The current PB Ratio is 2.21 and 23.4% below the Biotechnology industry median of 2.89. Innovacell's overall GF Score™ is 10/100. 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 Innovacell (TSE:504A), the current PB Ratio is 2.21 as of Jul. 14, 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.

Innovacell Business Description

Address 3-5-11 Kamiosaki, Meguro Villa Garden, 5th floor, Shinagawa-ku, Tokyo, JPN, 141-0021
Innovacell Inc is engaged in the development, manufacturing, and sale of regenerative medicine products for the treatment of conditions including fecal and urinary incontinence. Its activities include researching potential therapeutic candidates, developing formulations, and commercializing products in the markets. The company is working on the development and commercialization of the following three cell therapy pipelines targeting incontinence (fecal and urinary incontinence): ICEF15, ICEF16, and ICES13.
10GF Score

Get the complete analysis for TSE:504A

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

円499.00
Price