Land Business CoTSE:8944 -1.24%65 PB Ratio is 0.29 as of Jul. 07, 2026, which is 15% below its 10-year median of 0.34. GuruFocus rates TSE:8944 with a GF Score™ of 65/100 and a GF Value™ of 円529.50 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,714 Real Estate companies, Land Business Co ranks better than 85.82% 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 (2026-07-07), Land Business Co's share price is 円239.00. Land Business Co's Book Value per Share for the quarter that ended in Mar. 2026 was 円836.68. Hence, Land Business Co's PB Ratio of today is 0.29.
The historical rank and industry rank for Land Business Co's PB Ratio or its related term are showing as below:
TSE:8944'
s PB Ratio Range Over the Past 10 Years
Min: 0.21 Med: 0.34 Max: 1.04
Current: 0.28
During the past 13 years, Land Business Co's highest PB Ratio was 1.04. The lowest was 0.21. And the median was 0.34.
TSE:8944's PB Ratio is ranked better than 85.82% of 1714
companies
in the Real Estate industry
Industry Median: 0.82
vs TSE:8944: 0.28
During the past 12 months, Land Business Co's average Book Value Per Share Growth Rate was 0.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -4.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -2.30% 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 Land Business Co was 6.20% per year. The lowest was -4.50% per year. And the median was 2.20% per year.
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.
Land Business Co PB Ratio Related Terms
Land Business Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Land Business 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.
For the Real Estate Services subindustry, Land Business 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.
Land Business Co PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Land Business Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Land Business 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.
Land Business Co (TSE:8944) has a PB Ratio of 0.29 as of Jul. 07, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Land Business Co and its competitors. This is 15% below median its historical median of 0.34. Over the past decade, Land Business Co's PB Ratio has ranged from 0.21 to 1.04. According to the industry distribution chart, Land Business Co ranks #243 out of 1714 companies in the Real Estate industry, placing it in the top 14.2%.
Is Land Business Co's PB Ratio too high?
Land Business Co's current PB Ratio of 0.29 is 15% below median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 1.04. The Real Estate industry median PB Ratio is 0.82. Land Business Co's value of 0.29 is 64.6% below this industry median. Based on the distribution chart, Land Business Co ranks #243 out of 1714 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Land Business Co has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Land Business Co's PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Land Business Co ranks #243 out of 1714 companies for PB Ratio. This places Land Business Co in the top 14% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.82. Land Business Co's value of 0.29 is 64.6% below this benchmark. Historically, Land Business Co's own PB Ratio has ranged from 0.21 to 1.04 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 0.82, Land Business 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.82, based on 1,714 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. Land Business Co's current PB Ratio of 0.29 is 64.6% 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 Land Business 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. Land Business Co's current PB Ratio is 0.29, which is 15% below median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Land Business Co stock overvalued right now?
Based on GuruFocus' analysis, Land Business Co (TSE:8944) is currently considered Possible Value Trap. The stock's GF Value™ is 円529.50, compared to a current price of 円239.00 — trading 54.9% below its estimated fair value. The current PB Ratio is 0.29, which is 15% below median its 10-year median of 0.34 and 64.6% below the Real Estate industry median of 0.82. Land Business Co's overall GF Score™ is 65/100 with 5 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 Land Business Co (TSE:8944), the current PB Ratio is 0.29 as of Jul. 07, 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 Land Business Co (TSE:8944) Overvalued in 2026?
Based on GuruFocus' analysis, Land Business Co stock appears to be undervalued.
The current stock price of 円239.00 is trading 54.9% below its estimated GF Value™ of 円529.50.
GuruFocus considers Land Business Co to be Possible Value Trap.
Key valuation signals for TSE:8944:
PB Ratio: 0.29 (15% below median its 10-year median of 0.34)
GF Value™: 円529.50 vs. price of 円239.00 (54.9% below fair value)
Industry Position: 64.6% below the Real Estate median (#243 of 1714)
No single metric tells the full story. See the TSE:8944 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Land Business Co Ltd is a real estate services company based in Japan. The company operates through two segments: Real Estate Investment business and Design and Construction business. In the Real Estate Investment business, the company acquires land, inject the know-how, cultivated in the design and build office buildings. The Design and Construction business consists of design supervision business, building and consulting business to support real estate owners.
65GF Score
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