Aoyama Zaisan Networks Co Ltd stock PB Ratio (=2.67) is close to 5-year low of 2.6.
The historical rank and industry rank for Aoyama Zaisan Networks Co's PB Ratio or its related term are showing as below:
TSE:8929'
s PB Ratio Range Over the Past 10 Years
Min: 1.76 Med: 3.25 Max: 7.79
Current: 2.65
During the past 13 years, Aoyama Zaisan Networks Co's highest PB Ratio was 7.79. The lowest was 1.76. And the median was 3.25.
TSE:8929's PB Ratio is ranked worse than 86.75% of 1713
companies
in the Real Estate industry
Industry Median: 0.82
vs TSE:8929: 2.65
During the past 12 months, Aoyama Zaisan Networks Co's average Book Value Per Share Growth Rate was 19.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 12.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 12.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 14.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Aoyama Zaisan Networks Co was 27.40% per year. The lowest was -40.30% per year. And the median was 15.00% per year.
Back to Basics: PB Ratio
Aoyama Zaisan Networks Co (TSE:8929) 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.
Aoyama Zaisan Networks Co PB Ratio Related Terms
Aoyama Zaisan Networks Co PB Ratio Historical Data
* 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 Real Estate Services subindustry, Aoyama Zaisan Networks 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 Zaisan Networks Co PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Aoyama Zaisan Networks Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Aoyama Zaisan Networks 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.
Aoyama Zaisan Networks Co (TSE:8929) has a PB Ratio of 2.64 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 Aoyama Zaisan Networks Co and its competitors. This is 19% below median its historical median of 3.25. Over the past decade, Aoyama Zaisan Networks Co's PB Ratio has ranged from 1.76 to 7.79. According to the industry distribution chart, Aoyama Zaisan Networks Co ranks #1486 out of 1713 companies in the Real Estate industry, placing it in the top 86.7%.
Is Aoyama Zaisan Networks Co's PB Ratio too high?
Aoyama Zaisan Networks Co's current PB Ratio of 2.64 is 19% below median its 10-year median of 3.25. Over the past 10 years, this metric has ranged from a low of 1.76 to a high of 7.79. The Real Estate industry median PB Ratio is 0.82. Aoyama Zaisan Networks Co's value of 2.64 is 222% above this industry median. Based on the distribution chart, Aoyama Zaisan Networks Co ranks #1486 out of 1713 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Aoyama Zaisan Networks Co has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aoyama Zaisan Networks Co's PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Aoyama Zaisan Networks Co ranks #1486 out of 1713 companies for PB Ratio. This places Aoyama Zaisan Networks Co in the lower half of its industry. The industry median PB Ratio is 0.82. Aoyama Zaisan Networks Co's value of 2.64 is 222% above this benchmark. Historically, Aoyama Zaisan Networks Co's own PB Ratio has ranged from 1.76 to 7.79 over the past decade. While the company's 10-year median is 3.25 vs. the industry median of 0.82, Aoyama Zaisan Networks 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.82, based on 1,713 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 Zaisan Networks Co's current PB Ratio of 2.64 is 222% 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 Aoyama Zaisan Networks Co and its competitors. For the Real Estate 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. Aoyama Zaisan Networks Co's current PB Ratio is 2.64, which is 19% below median its own 10-year median of 3.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aoyama Zaisan Networks Co stock overvalued right now?
Based on GuruFocus' analysis, Aoyama Zaisan Networks Co (TSE:8929) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,434.92, compared to a current price of 円1,272.00 — trading 11.4% below its estimated fair value. The current PB Ratio is 2.64, which is 19% below median its 10-year median of 3.25 and 222% above the Real Estate industry median of 0.82. Aoyama Zaisan Networks Co's overall GF Score™ is 88/100 with 2 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 Zaisan Networks Co (TSE:8929), the current PB Ratio is 2.64 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 Aoyama Zaisan Networks Co (TSE:8929) Overvalued in 2026?
Based on GuruFocus' analysis, Aoyama Zaisan Networks Co stock appears to be undervalued.
The current stock price of 円1,272.00 is trading 11.4% below its estimated GF Value™ of 円1,434.92.
GuruFocus considers Aoyama Zaisan Networks Co to be Modestly Undervalued.
Key valuation signals for TSE:8929:
PB Ratio: 2.64 (19% below median its 10-year median of 3.25)
GF Value™: 円1,434.92 vs. price of 円1,272.00 (11.4% below fair value)
Industry Position: 222% above the Real Estate median (#1486 of 1713)
No single metric tells the full story. See the TSE:8929 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aoyama Zaisan Networks Co Ltd is engaged in the provision of consulting services of asset transferring, maintenance and operation, among others. It is also engaged in corporate finance consulting and real estate solutions consulting in Japan.
88GF Score
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