Nikkato (TSE:5367) PB Ratio: 1.15 (As of Jul. 05, 2026) — 85% Above Median


TSE:5367 Nikkato Corp TSE:5367
58 GF Score
Price 円1,355.00
GF Value 円634.86
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Nikkato PB Ratio?

Nikkato TSE:5367 -0.15% 58 PB Ratio is 1.15 as of Jul. 05, 2026, which is 85% above its 10-year median of 0.62. GuruFocus rates TSE:5367 with a GF Score™ of 58/100 and a GF Value™ of 円634.86 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,982 Industrial Products companies, Nikkato ranks better than 74.95% 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 (2026-07-05), Nikkato's share price is 円1355.00. Nikkato's Book Value per Share for the quarter that ended in Mar. 2026 was 円1,182.51. Hence, Nikkato's PB Ratio of today is 1.15.

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

TSE:5367' s PB Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.62   Max: 1.77
Current: 1.15

During the past 13 years, Nikkato's highest PB Ratio was 1.77. The lowest was 0.41. And the median was 0.62.

TSE:5367's PB Ratio is ranked better than
74.95% of 2982 companies
in the Industrial Products industry
Industry Median: 2.35 vs TSE:5367: 1.15

During the past 12 months, Nikkato's average Book Value Per Share Growth Rate was 7.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nikkato was 5.70% per year. The lowest was 2.30% per year. And the median was 3.80% per year.

Back to Basics: PB Ratio


Nikkato  (TSE:5367) 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.


Nikkato PB Ratio Related Terms


Nikkato PB Ratio Historical Data

* Premium members only.

The historical data trend for Nikkato'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.

Nikkato PB Ratio Chart

Nikkato Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.60 0.55 0.46 0.59

Nikkato Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Dec24 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 0.46 0.47 0.49 0.54 0.59

TSE:5367 vs GEV, ETN, PH: PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Nikkato'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.


Nikkato PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nikkato's PB Ratio distribution charts can be found below:

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


TSE:5367
58GF Score
Nikkato Corp TSE:5367
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nikkato 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=1355.00/1182.513
=1.15

* 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 1.15 mean?
Nikkato (TSE:5367) has a PB Ratio of 1.15 as of Jul. 05, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Nikkato and its competitors. This is 85% above median its historical median of 0.62. Over the past decade, Nikkato's PB Ratio has ranged from 0.41 to 1.77. According to the industry distribution chart, Nikkato ranks #747 out of 2982 companies in the Industrial Products industry, placing it in the top 25.1%.
Is Nikkato's PB Ratio too high?
Nikkato's current PB Ratio of 1.15 is 85% above median its 10-year median of 0.62. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 1.77. The Industrial Products industry median PB Ratio is 2.35. Nikkato's value of 1.15 is 51.1% below this industry median. Based on the distribution chart, Nikkato ranks #747 out of 2982 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nikkato has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nikkato's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nikkato ranks #747 out of 2982 companies for PB Ratio. This puts Nikkato in the upper half of its industry. The industry median PB Ratio is 2.35. Nikkato's value of 1.15 is 51.1% below this benchmark. Historically, Nikkato's own PB Ratio has ranged from 0.41 to 1.77 over the past decade. While the company's 10-year median is 0.62 vs. the industry median of 2.35, Nikkato 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.35, based on 2,982 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. Nikkato's current PB Ratio of 1.15 is 51.1% 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 Nikkato and its competitors. For the Industrial Products industry, the median PB Ratio is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nikkato's current PB Ratio is 1.15, which is 85% above median its own 10-year median of 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikkato stock overvalued right now?
Based on GuruFocus' analysis, Nikkato (TSE:5367) is currently considered Significantly Overvalued. The stock's GF Value™ is 円634.86, compared to a current price of 円1,355.00 — trading 113.4% above its estimated fair value. The current PB Ratio is 1.15, which is 85% above median its 10-year median of 0.62 and 51.1% below the Industrial Products industry median of 2.35. Nikkato's overall GF Score™ is 58/100 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 Nikkato (TSE:5367), the current PB Ratio is 1.15 as of Jul. 05, 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 Nikkato (TSE:5367) Overvalued in 2026?

Based on GuruFocus' analysis, Nikkato stock appears to be overvalued. The current stock price of 円1,355.00 is trading 113.4% above its estimated GF Value™ of 円634.86. GuruFocus considers Nikkato to be Significantly Overvalued.

Key valuation signals for TSE:5367:

  • PB Ratio: 1.15 (85% above median its 10-year median of 0.62)
  • GF Value™: 円634.86 vs. price of 円1,355.00 (113.4% above fair value)
  • GF Score™: 58/100 with 1 warning sign
  • Industry Position: 51.1% below the Industrial Products median (#747 of 2982)

No single metric tells the full story. See the TSE:5367 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nikkato Business Description

Address 3-2-24, Oriono-cho, Sakai-shi, Sakai-ku, Osaka, JPN, 590-0001
Nikkato Corp engages in the manufacture and sale of ceramics for industrial and laboratory use; measurement and control equipment; and various kinds of electric furnaces. The Ceramics products include functional ceramics, including thermal heating elements, oxygen sensors and ceramics filters; abrasion-resistant ceramics, including ball mills and crushing balls and components; heat-resistant ceramics, core tubes, transportation rollers and heat-treatment equipment and instruments; as well as physical and chemical ceramics, including evaporating dishes, crucibles and ceramics for experimental purposes. The firm also purchases and sells heating systems, including electric furnaces, vacuum furnaces and thermal treatment equipment; measuring systems, as well as measurement controllers.
58GF Score

Get the complete analysis for TSE:5367

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

円1,355.00
Price
円634.86
GF Value