MORIO DENKI Co (TSE:6647) PB Ratio: 0.76 (As of Sep. 15, 2026) — 29% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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:6647 MORIO DENKI Co Ltd TSE:6647
56 GF Score
Price 円3,550.00
GF Value 円2,014.34
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is MORIO DENKI Co PB Ratio?

MORIO DENKI Co TSE:6647 56 PB Ratio is 0.76 as of Sep. 15, 2026, which is 29% above its 10-year median of 0.59. GuruFocus rates TSE:6647 with a GF Score™ of 56/100 and a GF Value™ of 円2,014.34 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,998 Industrial Products companies, MORIO DENKI Co ranks better than 85.32% 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 (2026-09-15), MORIO DENKI Co's share price is 円3550.00. MORIO DENKI Co's Book Value per Share for the quarter that ended in Mar. 2026 was 円4,664.70. Hence, MORIO DENKI Co's PB Ratio of today is 0.76.

Warning Sign:

MORIO DENKI Co Ltd stock PB Ratio (=0.76) is close to 5-year high of 0.77.

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

TSE:6647' s PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.59   Max: 1.31
Current: 0.76

During the past 13 years, MORIO DENKI Co's highest PB Ratio was 1.31. The lowest was 0.45. And the median was 0.59.

TSE:6647's PB Ratio is ranked better than
85.32% of 2998 companies
in the Industrial Products industry
Industry Median: 2.16 vs TSE:6647: 0.76

During the past 12 months, MORIO DENKI Co's average Book Value Per Share Growth Rate was 19.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of MORIO DENKI Co was 13.10% per year. The lowest was 0.40% per year. And the median was 4.20% per year.

Back to Basics: PB Ratio


MORIO DENKI Co  (TSE:6647) 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.


MORIO DENKI Co PB Ratio Related Terms


MORIO DENKI Co PB Ratio Historical Data

* Premium members only.

The historical data trend for MORIO DENKI 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.

MORIO DENKI Co PB Ratio Chart

MORIO DENKI Co 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 0.60 0.55 0.52 0.42 0.60

MORIO DENKI Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.44 0.50 0.54 0.60 0.58

TSE:6647 vs VRT, BE: PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, MORIO DENKI 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.


MORIO DENKI Co PB Ratio vs Industrial Products Industry

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

* The bar in red indicates where MORIO DENKI Co's PB Ratio falls into.


TSE:6647
56GF Score
MORIO DENKI Co Ltd TSE:6647
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MORIO DENKI Co 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.

MORIO DENKI Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=3550.00/4664.701
=0.76

* 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 0.76 mean?
MORIO DENKI Co (TSE:6647) has a PB Ratio of 0.76 as of Sep. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on MORIO DENKI Co and its competitors. This is 29% above median its historical median of 0.59. Over the past decade, MORIO DENKI Co's PB Ratio has ranged from 0.45 to 1.31. According to the industry distribution chart, MORIO DENKI Co ranks #440 out of 2998 companies in the Industrial Products industry, placing it in the top 14.7%.
Is MORIO DENKI Co's PB Ratio too high?
MORIO DENKI Co's current PB Ratio of 0.76 is 29% above median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 1.31. The Industrial Products industry median PB Ratio is 2.16. MORIO DENKI Co's value of 0.76 is 64.8% below this industry median. Based on the distribution chart, MORIO DENKI Co ranks #440 out of 2998 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, MORIO DENKI Co has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MORIO DENKI Co's PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, MORIO DENKI Co ranks #440 out of 2998 companies for PB Ratio. This places MORIO DENKI Co in the top 15% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.16. MORIO DENKI Co's value of 0.76 is 64.8% below this benchmark. Historically, MORIO DENKI Co's own PB Ratio has ranged from 0.45 to 1.31 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 2.16, MORIO DENKI 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 2.16, based on 2,998 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. MORIO DENKI Co's current PB Ratio of 0.76 is 64.8% 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 MORIO DENKI Co and its competitors. For the Industrial Products industry, the median PB Ratio is 2.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MORIO DENKI Co's current PB Ratio is 0.76, which is 29% above median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MORIO DENKI Co stock overvalued right now?
Based on GuruFocus' analysis, MORIO DENKI Co (TSE:6647) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,014.34, compared to a current price of 円3,550.00 — trading 76.2% above its estimated fair value. The current PB Ratio is 0.76, which is 29% above median its 10-year median of 0.59 and 64.8% below the Industrial Products industry median of 2.16. MORIO DENKI Co's overall GF Score™ is 56/100 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 MORIO DENKI Co (TSE:6647), the current PB Ratio is 0.76 as of Sep. 15, 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 MORIO DENKI Co (TSE:6647) Overvalued in 2026?

Based on GuruFocus' analysis, MORIO DENKI Co stock appears to be overvalued. The current stock price of 円3,550.00 is trading 76.2% above its estimated GF Value™ of 円2,014.34. GuruFocus considers MORIO DENKI Co to be Significantly Overvalued.

Key valuation signals for TSE:6647:

  • PB Ratio: 0.76 (29% above median its 10-year median of 0.59)
  • GF Value™: 円2,014.34 vs. price of 円3,550.00 (76.2% above fair value)
  • GF Score™: 56/100 with 5 warning signs
  • Industry Position: 64.8% below the Industrial Products median (#440 of 2998)

No single metric tells the full story. See the TSE:6647 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MORIO DENKI Co Business Description

Address 4-34-1, Tateishi, Katsushika-ku, Tokyo, JPN, 125-0062
MORIO DENKI Co Ltd is an electrical equipment manufacturer. The company supplies various kinds of electric and electronic equipment for public transportation uses, such as rolling stock component parts at the core, traffic information display system, and electric equipment for ships.
56GF Score

Get the complete analysis for TSE:6647

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

円3,550.00
Price
円2,014.34
GF Value