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Topy IndustriesTSE:7231 +1.22%76 PB Ratio is 0.44 as of Jul. 15, 2026, which is 5% above its 10-year median of 0.42. GuruFocus rates TSE:7231 with a GF Score™ of 76/100 and a GF Value™ of 円2,381.93 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,295 Vehicles & Parts companies, Topy Industries ranks better than 85.33% 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 (2026-07-15), Topy Industries's share price is 円2905.00. Topy Industries's Book Value per Share for the quarter that ended in Mar. 2026 was 円6,660.65. Hence, Topy Industries's PB Ratio of today is 0.44.
Good Sign:
Topy Industries Ltd stock PB Ratio (=0.43) is close to 1-year low of 0.41.
The historical rank and industry rank for Topy Industries's PB Ratio or its related term are showing as below:
TSE:7231'
s PB Ratio Range Over the Past 10 Years
Min: 0.2 Med: 0.42 Max: 0.88
Current: 0.44
During the past 13 years, Topy Industries's highest PB Ratio was 0.88. The lowest was 0.20. And the median was 0.42.
TSE:7231's PB Ratio is ranked better than 85.33% of 1295
companies
in the Vehicles & Parts industry
Industry Median: 1.38
vs TSE:7231: 0.44
During the past 12 months, Topy Industries's average Book Value Per Share Growth Rate was 8.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 8.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 7.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Topy Industries was 14.30% per year. The lowest was -3.80% per year. And the median was 3.60% 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.
Topy Industries PB Ratio Related Terms
Topy Industries PB Ratio Historical Data
* Premium members only.
The historical data trend for Topy Industries'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 Auto Parts subindustry, Topy Industries'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.
Topy Industries PB Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Topy Industries's PB Ratio distribution charts can be found below:
* The bar in red indicates where Topy Industries'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.
Topy Industries'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.
Topy Industries (TSE:7231) has a PB Ratio of 0.44 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Topy Industries and its competitors. This is near median its historical median of 0.42. Over the past decade, Topy Industries' PB Ratio has ranged from 0.20 to 0.88. According to the industry distribution chart, Topy Industries ranks #190 out of 1295 companies in the Vehicles & Parts industry, placing it in the top 14.7%.
Is Topy Industries' PB Ratio too high?
Topy Industries' current PB Ratio of 0.44 is near median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 0.88. The Vehicles & Parts industry median PB Ratio is 1.38. Topy Industries' value of 0.44 is 68.1% below this industry median. Based on the distribution chart, Topy Industries ranks #190 out of 1295 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Topy Industries has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Topy Industries' PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Topy Industries ranks #190 out of 1295 companies for PB Ratio. This places Topy Industries in the top 15% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.38. Topy Industries' value of 0.44 is 68.1% below this benchmark. Historically, Topy Industries' own PB Ratio has ranged from 0.20 to 0.88 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 1.38, Topy Industries 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 a Vehicles & Parts company?
The median PB Ratio among Vehicles & Parts companies is 1.38, based on 1,295 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. Topy Industries's current PB Ratio of 0.44 is 68.1% 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 Topy Industries and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Topy Industries's current PB Ratio is 0.44, which is near median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topy Industries stock overvalued right now?
Based on GuruFocus' analysis, Topy Industries (TSE:7231) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,381.93, compared to a current price of 円2,905.00 — trading 22% above its estimated fair value. The current PB Ratio is 0.44, which is near median its 10-year median of 0.42 and 68.1% below the Vehicles & Parts industry median of 1.38. Topy Industries' overall GF Score™ is 76/100 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 Topy Industries (TSE:7231), the current PB Ratio is 0.44 as of Jul. 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 Topy Industries (TSE:7231) Overvalued in 2026?
Based on GuruFocus' analysis, Topy Industries stock appears to be overvalued.
The current stock price of 円2,905.00 is trading 22% above its estimated GF Value™ of 円2,381.93.
GuruFocus considers Topy Industries to be Modestly Overvalued.
Key valuation signals for TSE:7231:
PB Ratio: 0.44 (near median its 10-year median of 0.42)
GF Value™: 円2,381.93 vs. price of 円2,905.00 (22% above fair value)
Industry Position: 68.1% below the Vehicles & Parts median (#190 of 1295)
No single metric tells the full story. See the TSE:7231 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Topy Industries Ltd is a Japanese producer of steel and automotive and industrial machinery components. Topy's largest segment by revenue, automotive and industrial machinery components, produces steel and aluminum wheels for passenger cars, commercial trucks, and buses; ultra-large-diameter wheels for mining dump trucks; industrial spring steel fasteners; and undercarriage components such as track shoes, cutting edges, links, and rollers. In its second- largest segment, the company produces general steel sections, deformed and flat bars, mast rail sections for forklifts, and universal mill plates.
76GF Score
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