Japan Pulp and Paper CoTSE:8032 +2.21%67 PB Ratio is 0.97 as of Jul. 05, 2026, which is 54% above its 10-year median of 0.63. GuruFocus rates TSE:8032 with a GF Score™ of 67/100 and a GF Value™ of 円757.08 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 275 Forest Products companies, Japan Pulp and Paper Co ranks worse than 58.91% on this metric.
Japan Pulp and Paper Co Ltd stock PB Ratio (=0.97) is close to 10-year high of 1.06.
The historical rank and industry rank for Japan Pulp and Paper Co's PB Ratio or its related term are showing as below:
TSE:8032'
s PB Ratio Range Over the Past 10 Years
Min: 0.49 Med: 0.63 Max: 1.06
Current: 0.97
During the past 13 years, Japan Pulp and Paper Co's highest PB Ratio was 1.06. The lowest was 0.49. And the median was 0.63.
TSE:8032's PB Ratio is ranked worse than 58.91% of 275
companies
in the Forest Products industry
Industry Median: 0.82
vs TSE:8032: 0.97
During the past 12 months, Japan Pulp and Paper Co's average Book Value Per Share Growth Rate was 5.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 9.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 14.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 8.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Japan Pulp and Paper Co was 19.20% per year. The lowest was -3.70% per year. And the median was 3.40% per year.
Back to Basics: PB Ratio
Japan Pulp and Paper Co (TSE:8032) PB Ratio Explanation
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.
* 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.
Japan Pulp and Paper Co PB Ratio Competitor Comparison
For the Paper & Paper Products subindustry, Japan Pulp and Paper 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.
Japan Pulp and Paper Co PB Ratio vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Japan Pulp and Paper Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Japan Pulp and Paper Co'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.
* 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.
Japan Pulp and Paper Co (TSE:8032) has a PB Ratio of 0.97 as of Jul. 05, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Japan Pulp and Paper Co and its competitors. This is 54% above median its historical median of 0.63. Over the past decade, Japan Pulp and Paper Co's PB Ratio has ranged from 0.49 to 1.06. According to the industry distribution chart, Japan Pulp and Paper Co ranks #162 out of 275 companies in the Forest Products industry, placing it in the top 58.9%.
Is Japan Pulp and Paper Co's PB Ratio too high?
Japan Pulp and Paper Co's current PB Ratio of 0.97 is 54% above median its 10-year median of 0.63. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 1.06. The Forest Products industry median PB Ratio is 0.82. Japan Pulp and Paper Co's value of 0.97 is 18.3% above this industry median. Based on the distribution chart, Japan Pulp and Paper Co ranks #162 out of 275 companies in the Forest Products industry, which is below the industry midpoint. Overall, Japan Pulp and Paper Co has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Japan Pulp and Paper Co's PB Ratio compare to competitors?
According to the Forest Products industry distribution chart, Japan Pulp and Paper Co ranks #162 out of 275 companies for PB Ratio. This places Japan Pulp and Paper Co in the lower half of its industry. The industry median PB Ratio is 0.82. Japan Pulp and Paper Co's value of 0.97 is 18.3% above this benchmark. Historically, Japan Pulp and Paper Co's own PB Ratio has ranged from 0.49 to 1.06 over the past decade. While the company's 10-year median is 0.63 vs. the industry median of 0.82, Japan Pulp and Paper Co 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 Forest Products company?
The median PB Ratio among Forest Products companies is 0.82, based on 275 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. Japan Pulp and Paper Co's current PB Ratio of 0.97 is 18.3% 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 Japan Pulp and Paper Co and its competitors. For the Forest Products industry, the median PB Ratio is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Pulp and Paper Co's current PB Ratio is 0.97, which is 54% above median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Pulp and Paper Co stock overvalued right now?
Based on GuruFocus' analysis, Japan Pulp and Paper Co (TSE:8032) is currently considered Significantly Overvalued. The stock's GF Value™ is 円757.08, compared to a current price of 円1,108.00 — trading 46.4% above its estimated fair value. The current PB Ratio is 0.97, which is 54% above median its 10-year median of 0.63 and 18.3% above the Forest Products industry median of 0.82. Japan Pulp and Paper Co's overall GF Score™ is 67/100 with 6 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 Japan Pulp and Paper Co (TSE:8032), the current PB Ratio is 0.97 as of Jul. 05, 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 Japan Pulp and Paper Co (TSE:8032) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Pulp and Paper Co stock appears to be overvalued.
The current stock price of 円1,108.00 is trading 46.4% above its estimated GF Value™ of 円757.08.
GuruFocus considers Japan Pulp and Paper Co to be Significantly Overvalued.
Key valuation signals for TSE:8032:
PB Ratio: 0.97 (54% above median its 10-year median of 0.63)
GF Value™: 円757.08 vs. price of 円1,108.00 (46.4% above fair value)
Industry Position: 18.3% above the Forest Products median (#162 of 275)
No single metric tells the full story. See the TSE:8032 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Pulp and Paper Co Ltd engages in the manufacture, distribution, and sale of pulp, paper-related products, and plastic, among others. Also, the company is involved in real estate leasing and generation and sale of electricity.
67GF Score
Get the complete analysis for TSE:8032
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