Oxide (TSE:6521) PB Ratio: 10.31 (As of Jul. 14, 2026) — 77% Above Median

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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.
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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:6521 Oxide Corp TSE:6521
67 GF Score
Price 円4,185.00
GF Value 円2,945.35
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Oxide PB Ratio?

Oxide TSE:6521 -2.67% 67 PB Ratio is 10.31 as of Jul. 14, 2026, which is 77% above its 10-year median of 5.83. GuruFocus rates TSE:6521 with a GF Score™ of 67/100 and a GF Value™ of 円2,945.35 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,421 Hardware companies, Oxide ranks worse than 90.29% 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), Oxide's share price is 円4185.00. Oxide's Book Value per Share for the quarter that ended in Feb. 2026 was 円405.97. Hence, Oxide's PB Ratio of today is 10.31.

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

TSE:6521' s PB Ratio Range Over the Past 10 Years
Min: 1.99   Med: 5.83   Max: 27.13
Current: 10.31

During the past 8 years, Oxide's highest PB Ratio was 27.13. The lowest was 1.99. And the median was 5.83.

TSE:6521's PB Ratio is ranked worse than
90.29% of 2421 companies
in the Hardware industry
Industry Median: 2.29 vs TSE:6521: 10.31

During the past 12 months, Oxide's average Book Value Per Share Growth Rate was -15.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -8.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 14.70% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Oxide was 60.70% per year. The lowest was -8.20% per year. And the median was 58.70% per year.

Back to Basics: PB Ratio


Oxide  (TSE:6521) 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.


Oxide PB Ratio Related Terms


Oxide PB Ratio Historical Data

* Premium members only.

The historical data trend for Oxide'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.

Oxide PB Ratio Chart

Oxide Annual Data
Trend Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
PB Ratio
Get a 7-Day Free Trial 4.92 8.11 4.16 2.49 7.91

Oxide Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 2.49 4.75 3.92 3.43 7.91

TSE:6521 vs APH, GLW: PB Ratio Comparison

For the Electronic Components subindustry, Oxide'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.


Oxide PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Oxide's PB Ratio distribution charts can be found below:

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


TSE:6521
67GF Score
Oxide Corp TSE:6521
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oxide 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Feb. 2026)
=4185.00/405.965
=10.31

* 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 10.31 mean?
Oxide (TSE:6521) has a PB Ratio of 10.31 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 Oxide and its competitors. This is 77% above median its historical median of 5.83. Over the past decade, Oxide's PB Ratio has ranged from 1.99 to 27.13. According to the industry distribution chart, Oxide ranks #2186 out of 2421 companies in the Hardware industry, placing it in the top 90.3%.
Is Oxide's PB Ratio too high?
Oxide's current PB Ratio of 10.31 is 77% above median its 10-year median of 5.83. Over the past 10 years, this metric has ranged from a low of 1.99 to a high of 27.13. The Hardware industry median PB Ratio is 2.29. Oxide's value of 10.31 is 350.2% above this industry median. Based on the distribution chart, Oxide ranks #2186 out of 2421 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Oxide has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Oxide's PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Oxide ranks #2186 out of 2421 companies for PB Ratio. This places Oxide in the lower half of its industry. The industry median PB Ratio is 2.29. Oxide's value of 10.31 is 350.2% above this benchmark. Historically, Oxide's own PB Ratio has ranged from 1.99 to 27.13 over the past decade. While the company's 10-year median is 5.83 vs. the industry median of 2.29, Oxide has consistently been above 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 a Hardware company?
The median PB Ratio among Hardware companies is 2.29, based on 2,421 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. Oxide's current PB Ratio of 10.31 is 350.2% above 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 Oxide and its competitors. For the Hardware industry, the median PB Ratio is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oxide's current PB Ratio is 10.31, which is 77% above median its own 10-year median of 5.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oxide stock overvalued right now?
Based on GuruFocus' analysis, Oxide (TSE:6521) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,945.35, compared to a current price of 円4,185.00 — trading 42.1% above its estimated fair value. The current PB Ratio is 10.31, which is 77% above median its 10-year median of 5.83 and 350.2% above the Hardware industry median of 2.29. Oxide's overall GF Score™ is 67/100 with 4 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 Oxide (TSE:6521), the current PB Ratio is 10.31 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 Oxide (TSE:6521) Overvalued in 2026?

Based on GuruFocus' analysis, Oxide stock appears to be overvalued. The current stock price of 円4,185.00 is trading 42.1% above its estimated GF Value™ of 円2,945.35. GuruFocus considers Oxide to be Significantly Overvalued.

Key valuation signals for TSE:6521:

  • PB Ratio: 10.31 (77% above median its 10-year median of 5.83)
  • GF Value™: 円2,945.35 vs. price of 円4,185.00 (42.1% above fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 350.2% above the Hardware median (#2186 of 2421)

No single metric tells the full story. See the TSE:6521 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Oxide Business Description

Address 1747-1 Maginohara, Mukawa-cho, Yamanashi Prefecture, Hokuto, JPN, 408-0302
Oxide Corp is engaged in the development, manufacture, and sales of oxide single crystals, optical components, laser light sources, and measurement systems in the field of optics.
67GF Score

Get the complete analysis for TSE:6521

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

円4,185.00
Price
円2,945.35
GF Value