Kawai Musical Instruments Manufacturing Co (TSE:7952) PB Ratio: 0.59 (As of Jul. 09, 2026) — 34% Below Median


TSE:7952 Kawai Musical Instruments Manufacturing Co Ltd TSE:7952
64 GF Score
Price 円3,210.00
GF Value 円2,733.98
Valuation Modestly Overvalued
! 11 Warning Signs
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What is Kawai Musical Instruments Manufacturing Co PB Ratio?

Kawai Musical Instruments Manufacturing Co TSE:7952 -0.16% 64 PB Ratio is 0.59 as of Jul. 09, 2026, which is 34% below its 10-year median of 0.89. GuruFocus rates TSE:7952 with a GF Score™ of 64/100 and a GF Value™ of 円2,733.98 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 790 Travel & Leisure companies, Kawai Musical Instruments Manufacturing Co ranks better than 80.51% 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 (2026-07-09), Kawai Musical Instruments Manufacturing Co's share price is 円3210.00. Kawai Musical Instruments Manufacturing Co's Book Value per Share for the quarter that ended in Mar. 2026 was 円5,434.20. Hence, Kawai Musical Instruments Manufacturing Co's PB Ratio of today is 0.59.

The historical rank and industry rank for Kawai Musical Instruments Manufacturing Co's PB Ratio or its related term are showing as below:

TSE:7952' s PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.89   Max: 2.08
Current: 0.6

During the past 13 years, Kawai Musical Instruments Manufacturing Co's highest PB Ratio was 2.08. The lowest was 0.47. And the median was 0.89.

TSE:7952's PB Ratio is ranked better than
80.51% of 790 companies
in the Travel & Leisure industry
Industry Median: 1.48 vs TSE:7952: 0.60

During the past 12 months, Kawai Musical Instruments Manufacturing Co's average Book Value Per Share Growth Rate was 4.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Kawai Musical Instruments Manufacturing Co was 15.60% per year. The lowest was -0.80% per year. And the median was 7.70% per year.

Back to Basics: PB Ratio


Kawai Musical Instruments Manufacturing Co  (TSE:7952) 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.


Kawai Musical Instruments Manufacturing Co PB Ratio Related Terms


Kawai Musical Instruments Manufacturing Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Kawai Musical Instruments Manufacturing 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.

Kawai Musical Instruments Manufacturing Co PB Ratio Chart

Kawai Musical Instruments Manufacturing 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 0.84 0.69 0.72 0.55 0.52

Kawai Musical Instruments Manufacturing Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.72 0.56 0.55 0.52 0.52

TSE:7952 vs AS, HAS, LTH: PB Ratio Comparison

For the Leisure subindustry, Kawai Musical Instruments Manufacturing 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.


Kawai Musical Instruments Manufacturing Co PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Kawai Musical Instruments Manufacturing Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Kawai Musical Instruments Manufacturing Co's PB Ratio falls into.


TSE:7952
64GF Score
Kawai Musical Instruments Manufacturing Co Ltd TSE:7952
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Kawai Musical Instruments Manufacturing 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.

Kawai Musical Instruments Manufacturing Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=3210.00/5434.201
=0.59

* 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 0.59 mean?
Kawai Musical Instruments Manufacturing Co (TSE:7952) has a PB Ratio of 0.59 as of Jul. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Kawai Musical Instruments Manufacturing Co and its competitors. This is 34% below median its historical median of 0.89. Over the past decade, Kawai Musical Instruments Manufacturing Co's PB Ratio has ranged from 0.47 to 2.08. According to the industry distribution chart, Kawai Musical Instruments Manufacturing Co ranks #154 out of 790 companies in the Travel & Leisure industry, placing it in the top 19.5%.
Is Kawai Musical Instruments Manufacturing Co's PB Ratio too high?
Kawai Musical Instruments Manufacturing Co's current PB Ratio of 0.59 is 34% below median its 10-year median of 0.89. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 2.08. The Travel & Leisure industry median PB Ratio is 1.48. Kawai Musical Instruments Manufacturing Co's value of 0.59 is 60.1% below this industry median. Based on the distribution chart, Kawai Musical Instruments Manufacturing Co ranks #154 out of 790 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Kawai Musical Instruments Manufacturing Co has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kawai Musical Instruments Manufacturing Co's PB Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Kawai Musical Instruments Manufacturing Co ranks #154 out of 790 companies for PB Ratio. This places Kawai Musical Instruments Manufacturing Co in the top 20% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.48. Kawai Musical Instruments Manufacturing Co's value of 0.59 is 60.1% below this benchmark. Historically, Kawai Musical Instruments Manufacturing Co's own PB Ratio has ranged from 0.47 to 2.08 over the past decade. While the company's 10-year median is 0.89 vs. the industry median of 1.48, Kawai Musical Instruments Manufacturing 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 a Travel & Leisure company?
The median PB Ratio among Travel & Leisure companies is 1.48, based on 790 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. Kawai Musical Instruments Manufacturing Co's current PB Ratio of 0.59 is 60.1% 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 Kawai Musical Instruments Manufacturing Co and its competitors. For the Travel & Leisure industry, the median PB Ratio is 1.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kawai Musical Instruments Manufacturing Co's current PB Ratio is 0.59, which is 34% below median its own 10-year median of 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kawai Musical Instruments Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Kawai Musical Instruments Manufacturing Co (TSE:7952) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,733.98, compared to a current price of 円3,210.00 — trading 17.4% above its estimated fair value. The current PB Ratio is 0.59, which is 34% below median its 10-year median of 0.89 and 60.1% below the Travel & Leisure industry median of 1.48. Kawai Musical Instruments Manufacturing Co's overall GF Score™ is 64/100 with 11 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 Kawai Musical Instruments Manufacturing Co (TSE:7952), the current PB Ratio is 0.59 as of Jul. 09, 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 Kawai Musical Instruments Manufacturing Co (TSE:7952) Overvalued in 2026?

Based on GuruFocus' analysis, Kawai Musical Instruments Manufacturing Co stock appears to be overvalued. The current stock price of 円3,210.00 is trading 17.4% above its estimated GF Value™ of 円2,733.98. GuruFocus considers Kawai Musical Instruments Manufacturing Co to be Modestly Overvalued.

Key valuation signals for TSE:7952:

  • PB Ratio: 0.59 (34% below median its 10-year median of 0.89)
  • GF Value™: 円2,733.98 vs. price of 円3,210.00 (17.4% above fair value)
  • GF Score™: 64/100 with 11 warning signs
  • Industry Position: 60.1% below the Travel & Leisure median (#154 of 790)

No single metric tells the full story. See the TSE:7952 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kawai Musical Instruments Manufacturing Co Business Description

Address 200 Terajima-cho Naka-ku, Shizuoka, Hamamatsu, JPN, 430-8665
Kawai Musical Instruments Manufacturing Co Ltd is a Japan-based musical instrument manufacturer. The company is mainly engaged in manufacturing and sales of musical instruments, precision metals, wood products, and electronic devices. Products offered by the company include grand pianos, upright pianos, digital pianos, hybrid pianos, and anytime pianos. It sells its products under the brand name Philosophy, Legacy, Artists, Competitions, and Institutions. Kawai has world-wide sales networks, it distributes its products in Europe, America, Asia and Oceania, Africa and the Middle East. The company is also engaged in the development and sales of software and operations of music schools, and gymnastics schools.
64GF Score

Get the complete analysis for TSE:7952

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

円3,210.00
Price
円2,733.98
GF Value