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Hanshin Diesel WorksTSE:6018 -0.33%67 PB Ratio is 1.25 as of Jul. 14, 2026, which is 160% above its 10-year median of 0.48. GuruFocus rates TSE:6018 with a GF Score™ of 67/100 and a GF Value™ of 円3,321.89 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,983 Industrial Products companies, Hanshin Diesel Works ranks better than 71.74% on this metric.
Hanshin Diesel Works Ltd stock PB Ratio (=1.26) is close to 10-year high of 1.31.
The historical rank and industry rank for Hanshin Diesel Works's PB Ratio or its related term are showing as below:
TSE:6018'
s PB Ratio Range Over the Past 10 Years
Min: 0.27 Med: 0.48 Max: 1.31
Current: 1.26
During the past 13 years, Hanshin Diesel Works's highest PB Ratio was 1.31. The lowest was 0.27. And the median was 0.48.
TSE:6018's PB Ratio is ranked better than 71.74% of 2983
companies
in the Industrial Products industry
Industry Median: 2.18
vs TSE:6018: 1.26
During the past 12 months, Hanshin Diesel Works's average Book Value Per Share Growth Rate was 5.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hanshin Diesel Works was 7.10% per year. The lowest was 2.40% per year. And the median was 3.90% per year.
Back to Basics: PB Ratio
Hanshin Diesel Works (TSE:6018) 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.
Hanshin Diesel Works PB Ratio Related Terms
Hanshin Diesel Works PB Ratio Historical Data
* Premium members only.
The historical data trend for Hanshin Diesel Works'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.
For the Specialty Industrial Machinery subindustry, Hanshin Diesel Works'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.
Hanshin Diesel Works PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Hanshin Diesel Works's PB Ratio distribution charts can be found below:
* The bar in red indicates where Hanshin Diesel Works'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.
Hanshin Diesel Works (TSE:6018) has a PB Ratio of 1.25 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 Hanshin Diesel Works and its competitors. This is 160% above median its historical median of 0.48. Over the past decade, Hanshin Diesel Works' PB Ratio has ranged from 0.27 to 1.31. According to the industry distribution chart, Hanshin Diesel Works ranks #843 out of 2983 companies in the Industrial Products industry, placing it in the top 28.3%.
Is Hanshin Diesel Works' PB Ratio too high?
Hanshin Diesel Works' current PB Ratio of 1.25 is 160% above median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 1.31. The Industrial Products industry median PB Ratio is 2.18. Hanshin Diesel Works' value of 1.25 is 42.7% below this industry median. Based on the distribution chart, Hanshin Diesel Works ranks #843 out of 2983 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Hanshin Diesel Works has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hanshin Diesel Works' PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Hanshin Diesel Works ranks #843 out of 2983 companies for PB Ratio. This puts Hanshin Diesel Works in the upper half of its industry. The industry median PB Ratio is 2.18. Hanshin Diesel Works' value of 1.25 is 42.7% below this benchmark. Historically, Hanshin Diesel Works' own PB Ratio has ranged from 0.27 to 1.31 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 2.18, Hanshin Diesel Works 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 2.18, based on 2,983 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. Hanshin Diesel Works's current PB Ratio of 1.25 is 42.7% 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 Hanshin Diesel Works and its competitors. For the Industrial Products industry, the median PB Ratio is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hanshin Diesel Works's current PB Ratio is 1.25, which is 160% above median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hanshin Diesel Works stock overvalued right now?
Based on GuruFocus' analysis, Hanshin Diesel Works (TSE:6018) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,321.89, compared to a current price of 円6,040.00 — trading 81.8% above its estimated fair value. The current PB Ratio is 1.25, which is 160% above median its 10-year median of 0.48 and 42.7% below the Industrial Products industry median of 2.18. Hanshin Diesel Works' overall GF Score™ is 67/100 with 6 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 Hanshin Diesel Works (TSE:6018), the current PB Ratio is 1.25 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.
Is Hanshin Diesel Works (TSE:6018) Overvalued in 2026?
Based on GuruFocus' analysis, Hanshin Diesel Works stock appears to be overvalued.
The current stock price of 円6,040.00 is trading 81.8% above its estimated GF Value™ of 円3,321.89.
GuruFocus considers Hanshin Diesel Works to be Significantly Overvalued.
Key valuation signals for TSE:6018:
PB Ratio: 1.25 (160% above median its 10-year median of 0.48)
GF Value™: 円3,321.89 vs. price of 円6,040.00 (81.8% above fair value)
Industry Position: 42.7% below the Industrial Products median (#843 of 2983)
No single metric tells the full story. See the TSE:6018 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hanshin Diesel Works Ltd is engaged in the manufacture and sale of marine diesel engines, adjustable pitch propellers, side thrusters, lubrication and fuel oil cleaning equipment, ship operating support systems and others. The company has two divisions: Main engines and Components & repair work. The company generates the majority of its revenue from the Main engines division.
67GF Score
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