Toyo Kanetsu KK (TSE:6369) PB Ratio: 0.94 (As of Jul. 16, 2026) — 34% Above Median

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TSE:6369 Toyo Kanetsu KK TSE:6369
79 GF Score
Price 円2,431.00
GF Value 円2,289.94
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Toyo Kanetsu KK PB Ratio?

Toyo Kanetsu KK TSE:6369 -0.86% 79 PB Ratio is 0.94 as of Jul. 16, 2026, which is 34% above its 10-year median of 0.70. GuruFocus rates TSE:6369 with a GF Score™ of 79/100 and a GF Value™ of 円2,289.94 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,983 Industrial Products companies, Toyo Kanetsu KK ranks better than 79.68% 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 (2026-07-16), Toyo Kanetsu KK's share price is 円2431.00. Toyo Kanetsu KK's Book Value per Share for the quarter that ended in Mar. 2026 was 円2,585.18. Hence, Toyo Kanetsu KK's PB Ratio of today is 0.94.

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

TSE:6369' s PB Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.7   Max: 1.23
Current: 0.94

During the past 13 years, Toyo Kanetsu KK's highest PB Ratio was 1.23. The lowest was 0.41. And the median was 0.70.

TSE:6369's PB Ratio is ranked better than
79.68% of 2983 companies
in the Industrial Products industry
Industry Median: 2.19 vs TSE:6369: 0.94

During the past 12 months, Toyo Kanetsu KK's average Book Value Per Share Growth Rate was 2.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.20% 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 4.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Toyo Kanetsu KK was 9.50% per year. The lowest was 1.00% per year. And the median was 4.65% per year.

Back to Basics: PB Ratio


Toyo Kanetsu KK  (TSE:6369) 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.


Toyo Kanetsu KK PB Ratio Related Terms


Toyo Kanetsu KK PB Ratio Historical Data

* Premium members only.

The historical data trend for Toyo Kanetsu KK'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.

Toyo Kanetsu KK PB Ratio Chart

Toyo Kanetsu KK 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 0.56 0.93 0.73 1.06

Toyo Kanetsu KK Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.73 0.80 0.92 0.98 1.06

TSE:6369 vs GEV, ETN, PH: PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Toyo Kanetsu KK'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.


Toyo Kanetsu KK PB Ratio vs Industrial Products Industry

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

* The bar in red indicates where Toyo Kanetsu KK's PB Ratio falls into.


TSE:6369
79GF Score
Toyo Kanetsu KK TSE:6369
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toyo Kanetsu KK 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.

Toyo Kanetsu KK's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=2431.00/2585.178
=0.94

* 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 0.94 mean?
Toyo Kanetsu KK (TSE:6369) has a PB Ratio of 0.94 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Toyo Kanetsu KK and its competitors. This is 34% above median its historical median of 0.70. Over the past decade, Toyo Kanetsu KK's PB Ratio has ranged from 0.41 to 1.23. According to the industry distribution chart, Toyo Kanetsu KK ranks #606 out of 2983 companies in the Industrial Products industry, placing it in the top 20.3%.
Is Toyo Kanetsu KK's PB Ratio too high?
Toyo Kanetsu KK's current PB Ratio of 0.94 is 34% above median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 1.23. The Industrial Products industry median PB Ratio is 2.19. Toyo Kanetsu KK's value of 0.94 is 57.1% below this industry median. Based on the distribution chart, Toyo Kanetsu KK ranks #606 out of 2983 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Toyo Kanetsu KK has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Toyo Kanetsu KK's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Toyo Kanetsu KK ranks #606 out of 2983 companies for PB Ratio. This places Toyo Kanetsu KK in the top 20% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.19. Toyo Kanetsu KK's value of 0.94 is 57.1% below this benchmark. Historically, Toyo Kanetsu KK's own PB Ratio has ranged from 0.41 to 1.23 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 2.19, Toyo Kanetsu KK 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 2.19, 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. Toyo Kanetsu KK's current PB Ratio of 0.94 is 57.1% 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 Toyo Kanetsu KK and its competitors. For the Industrial Products industry, the median PB Ratio is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyo Kanetsu KK's current PB Ratio is 0.94, which is 34% above median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Kanetsu KK stock overvalued right now?
Based on GuruFocus' analysis, Toyo Kanetsu KK (TSE:6369) is currently considered Fairly Valued. The stock's GF Value™ is 円2,289.94, compared to a current price of 円2,431.00 — trading 6.2% above its estimated fair value. The current PB Ratio is 0.94, which is 34% above median its 10-year median of 0.70 and 57.1% below the Industrial Products industry median of 2.19. Toyo Kanetsu KK's overall GF Score™ is 79/100 with 2 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 Toyo Kanetsu KK (TSE:6369), the current PB Ratio is 0.94 as of Jul. 16, 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 Toyo Kanetsu KK (TSE:6369) Overvalued in 2026?

Based on GuruFocus' analysis, Toyo Kanetsu KK stock appears to be overvalued. The current stock price of 円2,431.00 is trading 6.2% above its estimated GF Value™ of 円2,289.94. GuruFocus considers Toyo Kanetsu KK to be Fairly Valued.

Key valuation signals for TSE:6369:

  • PB Ratio: 0.94 (34% above median its 10-year median of 0.70)
  • GF Value™: 円2,289.94 vs. price of 円2,431.00 (6.2% above fair value)
  • GF Score™: 79/100 with 2 warning signs
  • Industry Position: 57.1% below the Industrial Products median (#606 of 2983)

No single metric tells the full story. See the TSE:6369 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toyo Kanetsu KK Business Description

Address 11-1, Minamisuna 2-chome, Koto-ku, Tokyo, JPN, 136-8666
Toyo Kanetsu KK produces and sells industrial furnaces. It operates in two reportable segments which include Plant and machinery segment and Material handling system segment. Plant and machinery comprise of designing, manufacturing, installation of storage tanks for LNG (Liquefied natural gas), crude oil and other gases and liquids whereas Material handling system segment is engaged in the development, designing and installation of distribution system especially for sorting, picking and conveyance. The business activity of the group is operated by Japan, Southeast Asia, Oceania, and Internationally.
79GF Score

Get the complete analysis for TSE:6369

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

円2,431.00
Price
円2,289.94
GF Value