Aoyama Trading Co (TSE:8219) PB Ratio: 0.57 (As of Jul. 14, 2026) — 21% 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:8219 Aoyama Trading Co Ltd TSE:8219
71 GF Score
Price 円707.00
GF Value 円649.24
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Aoyama Trading Co PB Ratio?

Aoyama Trading Co TSE:8219 71 PB Ratio is 0.57 as of Jul. 14, 2026, which is 21% above its 10-year median of 0.47. GuruFocus rates TSE:8219 with a GF Score™ of 71/100 and a GF Value™ of 円649.24 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,076 Retail - Cyclical companies, Aoyama Trading Co ranks better than 83.09% 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), Aoyama Trading Co's share price is 円707.00. Aoyama Trading Co's Book Value per Share for the quarter that ended in Mar. 2026 was 円1,247.59. Hence, Aoyama Trading Co's PB Ratio of today is 0.57.

Good Sign:

Aoyama Trading Co Ltd stock PB Ratio (=0.57) is close to 1-year low of 0.54.

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

TSE:8219' s PB Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.47   Max: 1.03
Current: 0.57

During the past 13 years, Aoyama Trading Co's highest PB Ratio was 1.03. The lowest was 0.13. And the median was 0.47.

TSE:8219's PB Ratio is ranked better than
83.09% of 1076 companies
in the Retail - Cyclical industry
Industry Median: 1.465 vs TSE:8219: 0.57

During the past 12 months, Aoyama Trading Co's average Book Value Per Share Growth Rate was 2.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -2.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Aoyama Trading Co was 5.40% per year. The lowest was -10.50% per year. And the median was 2.70% per year.

Back to Basics: PB Ratio


Aoyama Trading Co  (TSE:8219) 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.


Aoyama Trading Co PB Ratio Related Terms


Aoyama Trading Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Aoyama Trading 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.

Aoyama Trading Co PB Ratio Chart

Aoyama Trading 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 0.21 0.28 0.49 0.56 0.65

Aoyama Trading Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.56 0.61 0.68 0.71 0.65

TSE:8219 vs TJX, ROST, BURL: PB Ratio Comparison

For the Apparel Retail subindustry, Aoyama Trading 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.


Aoyama Trading Co PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Aoyama Trading Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Aoyama Trading Co's PB Ratio falls into.


TSE:8219
71GF Score
Aoyama Trading Co Ltd TSE:8219
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aoyama Trading 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.

Aoyama Trading Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=707.00/1247.591
=0.57

* 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 0.57 mean?
Aoyama Trading Co (TSE:8219) has a PB Ratio of 0.57 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 Aoyama Trading Co and its competitors. This is 21% above median its historical median of 0.47. Over the past decade, Aoyama Trading Co's PB Ratio has ranged from 0.13 to 1.03. According to the industry distribution chart, Aoyama Trading Co ranks #182 out of 1076 companies in the Retail - Cyclical industry, placing it in the top 16.9%.
Is Aoyama Trading Co's PB Ratio too high?
Aoyama Trading Co's current PB Ratio of 0.57 is 21% above median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 1.03. The Retail - Cyclical industry median PB Ratio is 1.47. Aoyama Trading Co's value of 0.57 is 61.1% below this industry median. Based on the distribution chart, Aoyama Trading Co ranks #182 out of 1076 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Aoyama Trading Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aoyama Trading Co's PB Ratio compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Aoyama Trading Co ranks #182 out of 1076 companies for PB Ratio. This places Aoyama Trading Co in the top 17% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.47. Aoyama Trading Co's value of 0.57 is 61.1% below this benchmark. Historically, Aoyama Trading Co's own PB Ratio has ranged from 0.13 to 1.03 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 1.47, Aoyama Trading 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 Retail - Cyclical company?
The median PB Ratio among Retail - Cyclical companies is 1.47, based on 1,076 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. Aoyama Trading Co's current PB Ratio of 0.57 is 61.1% 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 Aoyama Trading Co and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aoyama Trading Co's current PB Ratio is 0.57, which is 21% above median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aoyama Trading Co stock overvalued right now?
Based on GuruFocus' analysis, Aoyama Trading Co (TSE:8219) is currently considered Fairly Valued. The stock's GF Value™ is 円649.24, compared to a current price of 円707.00 — trading 8.9% above its estimated fair value. The current PB Ratio is 0.57, which is 21% above median its 10-year median of 0.47 and 61.1% below the Retail - Cyclical industry median of 1.47. Aoyama Trading Co's overall GF Score™ is 71/100 with 3 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 Aoyama Trading Co (TSE:8219), the current PB Ratio is 0.57 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 Aoyama Trading Co (TSE:8219) Overvalued in 2026?

Based on GuruFocus' analysis, Aoyama Trading Co stock appears to be overvalued. The current stock price of 円707.00 is trading 8.9% above its estimated GF Value™ of 円649.24. GuruFocus considers Aoyama Trading Co to be Fairly Valued.

Key valuation signals for TSE:8219:

  • PB Ratio: 0.57 (21% above median its 10-year median of 0.47)
  • GF Value™: 円649.24 vs. price of 円707.00 (8.9% above fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 61.1% below the Retail - Cyclical median (#182 of 1076)

No single metric tells the full story. See the TSE:8219 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aoyama Trading Co Business Description

Other Exchanges 9B7:Germany
Address 1-3-5 Ojimachi, Hiroshima Prefecture, Fukuyama, JPN, 721-8556
Aoyama Trading Co Ltd is an apparel retailer specializing in business wear. Men's business wear accounts for roughly two thirds of the company's total sales, while women's business wear accounts for roughly 10%. Business wear stores include Yofuku-no-Aoyama, which is the company's primary brand and has nearly 800 locations; The Suit Company; and Next Blue. Other business segments include casual wear, with store brands including Universal Language and Calaja; credit cards; printing and media; and total repair service, which includes the company's Mister Minit stores, providing repair services such as shoe repair and key duplication. Aoyama's sales are primarily in Japan, but the firm has business throughout the Asia-Pacific region.
71GF Score

Get the complete analysis for TSE:8219

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

円707.00
Price
円649.24
GF Value