Placo CoTSE:6347 +0.78%59 PB Ratio is 1.48 as of Jul. 12, 2026, which is 27% below its 10-year median of 2.03. GuruFocus rates TSE:6347 with a GF Score™ of 59/100 and a GF Value™ of 円189.30 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,985 Industrial Products companies, Placo Co ranks better than 66.97% 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 (2026-07-12), Placo Co's share price is 円258.00. Placo Co's Book Value per Share for the quarter that ended in Mar. 2026 was 円173.75. Hence, Placo Co's PB Ratio of today is 1.48.
The historical rank and industry rank for Placo Co's PB Ratio or its related term are showing as below:
TSE:6347'
s PB Ratio Range Over the Past 10 Years
Min: 0.98 Med: 2.03 Max: 8.35
Current: 1.48
During the past 13 years, Placo Co's highest PB Ratio was 8.35. The lowest was 0.98. And the median was 2.03.
TSE:6347's PB Ratio is ranked better than 66.97% of 2985
companies
in the Industrial Products industry
Industry Median: 2.25
vs TSE:6347: 1.48
During the past 12 months, Placo Co's average Book Value Per Share Growth Rate was 3.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -7.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -1.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 10.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Placo Co was 71.50% per year. The lowest was -61.40% per year. And the median was 24.00% per year.
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.
Placo Co PB Ratio Related Terms
Placo Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Placo Co'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, Placo Co'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.
Placo Co PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Placo Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Placo Co'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.
Placo Co's PB Ratio for today is calculated as follows:
* 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.
Placo Co (TSE:6347) has a PB Ratio of 1.48 as of Jul. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Placo Co and its competitors. This is 27% below median its historical median of 2.03. Over the past decade, Placo Co's PB Ratio has ranged from 0.98 to 8.35. According to the industry distribution chart, Placo Co ranks #986 out of 2985 companies in the Industrial Products industry, placing it in the top 33%.
Is Placo Co's PB Ratio too high?
Placo Co's current PB Ratio of 1.48 is 27% below median its 10-year median of 2.03. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 8.35. The Industrial Products industry median PB Ratio is 2.25. Placo Co's value of 1.48 is 34.2% below this industry median. Based on the distribution chart, Placo Co ranks #986 out of 2985 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Placo Co has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Placo Co's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Placo Co ranks #986 out of 2985 companies for PB Ratio. This puts Placo Co in the upper half of its industry. The industry median PB Ratio is 2.25. Placo Co's value of 1.48 is 34.2% below this benchmark. Historically, Placo Co's own PB Ratio has ranged from 0.98 to 8.35 over the past decade. While the company's 10-year median is 2.03 vs. the industry median of 2.25, Placo Co 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 2.25, based on 2,985 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. Placo Co's current PB Ratio of 1.48 is 34.2% 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 Placo Co and its competitors. For the Industrial Products industry, the median PB Ratio is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Placo Co's current PB Ratio is 1.48, which is 27% below median its own 10-year median of 2.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Placo Co stock overvalued right now?
Based on GuruFocus' analysis, Placo Co (TSE:6347) is currently considered Significantly Overvalued. The stock's GF Value™ is 円189.30, compared to a current price of 円258.00 — trading 36.3% above its estimated fair value. The current PB Ratio is 1.48, which is 27% below median its 10-year median of 2.03 and 34.2% below the Industrial Products industry median of 2.25. Placo Co's overall GF Score™ is 59/100 with 5 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 Placo Co (TSE:6347), the current PB Ratio is 1.48 as of Jul. 12, 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 Placo Co (TSE:6347) Overvalued in 2026?
Based on GuruFocus' analysis, Placo Co stock appears to be overvalued.
The current stock price of 円258.00 is trading 36.3% above its estimated GF Value™ of 円189.30.
GuruFocus considers Placo Co to be Significantly Overvalued.
Key valuation signals for TSE:6347:
PB Ratio: 1.48 (27% below median its 10-year median of 2.03)
GF Value™: 円189.30 vs. price of 円258.00 (36.3% above fair value)
Industry Position: 34.2% below the Industrial Products median (#986 of 2985)
No single metric tells the full story. See the TSE:6347 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Placo Co Ltd is a Japanese manufacturer of the plastic processing machine and recycling equipment. The company offers products such as blown film forming machine, blow molding machine, recycling machine, inflation molding equipment, and others.
59GF Score
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