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Kyokuto Securities CoTSE:8706 +1.80%65 PB Ratio is 1.05 as of Jul. 21, 2026, which is 35% above its 10-year median of 0.78. GuruFocus rates TSE:8706 with a GF Score™ of 65/100 and a GF Value™ of 円1,635.07 (Fairly Valued). The stock has 6 warning signs investors should review. Among 779 Capital Markets companies, Kyokuto Securities Co ranks better than 61.62% on this metric.
Kyokuto Securities Co Ltd stock PB Ratio (=1.03) is close to 5-year high of 1.14.
The historical rank and industry rank for Kyokuto Securities Co's PB Ratio or its related term are showing as below:
TSE:8706'
s PB Ratio Range Over the Past 10 Years
Min: 0.36 Med: 0.78 Max: 1.3
Current: 1.05
During the past 13 years, Kyokuto Securities Co's highest PB Ratio was 1.30. The lowest was 0.36. And the median was 0.78.
TSE:8706's PB Ratio is ranked better than 61.62% of 779
companies
in the Capital Markets industry
Industry Median: 1.33
vs TSE:8706: 1.05
During the past 12 months, Kyokuto Securities Co's average Book Value Per Share Growth Rate was 3.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.00% 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 2.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Kyokuto Securities Co was 10.40% per year. The lowest was -2.20% per year. And the median was 2.60% per year.
Back to Basics: PB Ratio
Kyokuto Securities Co (TSE:8706) 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.
For the Capital Markets subindustry, Kyokuto Securities 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.
Kyokuto Securities Co PB Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Kyokuto Securities Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Kyokuto Securities 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.
Kyokuto Securities Co (TSE:8706) has a PB Ratio of 1.05 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Kyokuto Securities Co and its competitors. This is 35% above median its historical median of 0.78. Over the past decade, Kyokuto Securities Co's PB Ratio has ranged from 0.36 to 1.30. According to the industry distribution chart, Kyokuto Securities Co ranks #299 out of 779 companies in the Capital Markets industry, placing it in the top 38.4%.
Is Kyokuto Securities Co's PB Ratio too high?
Kyokuto Securities Co's current PB Ratio of 1.05 is 35% above median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 1.30. The Capital Markets industry median PB Ratio is 1.33. Kyokuto Securities Co's value of 1.05 is 21.1% below this industry median. Based on the distribution chart, Kyokuto Securities Co ranks #299 out of 779 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Kyokuto Securities Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kyokuto Securities Co's PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Kyokuto Securities Co ranks #299 out of 779 companies for PB Ratio. This puts Kyokuto Securities Co in the upper half of its industry. The industry median PB Ratio is 1.33. Kyokuto Securities Co's value of 1.05 is 21.1% below this benchmark. Historically, Kyokuto Securities Co's own PB Ratio has ranged from 0.36 to 1.30 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 1.33, Kyokuto Securities 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 Capital Markets company?
The median PB Ratio among Capital Markets companies is 1.33, based on 779 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. Kyokuto Securities Co's current PB Ratio of 1.05 is 21.1% 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 Kyokuto Securities Co and its competitors. For the Capital Markets industry, the median PB Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kyokuto Securities Co's current PB Ratio is 1.05, which is 35% above median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kyokuto Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Kyokuto Securities Co (TSE:8706) is currently considered Fairly Valued. The stock's GF Value™ is 円1,635.07, compared to a current price of 円1,755.00 — trading 7.3% above its estimated fair value. The current PB Ratio is 1.05, which is 35% above median its 10-year median of 0.78 and 21.1% below the Capital Markets industry median of 1.33. Kyokuto Securities Co's overall GF Score™ is 65/100 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 Kyokuto Securities Co (TSE:8706), the current PB Ratio is 1.05 as of Jul. 21, 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 Kyokuto Securities Co (TSE:8706) Overvalued in 2026?
Based on GuruFocus' analysis, Kyokuto Securities Co stock appears to be overvalued.
The current stock price of 円1,755.00 is trading 7.3% above its estimated GF Value™ of 円1,635.07.
GuruFocus considers Kyokuto Securities Co to be Fairly Valued.
Key valuation signals for TSE:8706:
PB Ratio: 1.05 (35% above median its 10-year median of 0.78)
GF Value™: 円1,635.07 vs. price of 円1,755.00 (7.3% above fair value)
Industry Position: 21.1% below the Capital Markets median (#299 of 779)
No single metric tells the full story. See the TSE:8706 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kyokuto Securities Co Ltd is a financial services company whose activities include dealing, brokerage, underwriting, and distribution of securities. It operates its investment and financial service business in four segments Financial Products Trading Business, Real Estate Business, Investment Business and Research and Study Business. The company earns the majority of its revenue from mainly from securities business including, among other things, agency or principal trading in securities, underwriting, offering and selling of securities and provision of other securities-related services, through which the company offers a range of financial and other related services.
65GF Score
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