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Niigata Kotsu CoTSE:9017 +1.21%66 PB Ratio is 0.38 as of Jul. 16, 2026, which is 19% below its 10-year median of 0.47. GuruFocus rates TSE:9017 with a GF Score™ of 66/100 and a GF Value™ of 円2,186.72 (Fairly Valued). The stock has 3 warning signs investors should review. Among 965 Transportation companies, Niigata Kotsu Co ranks better than 93.06% 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 (2026-07-16), Niigata Kotsu Co's share price is 円2005.00. Niigata Kotsu Co's Book Value per Share for the quarter that ended in Mar. 2026 was 円5,255.91. Hence, Niigata Kotsu Co's PB Ratio of today is 0.38.
Good Sign:
Niigata Kotsu Co Ltd stock PB Ratio (=0.38) is close to 10-year low of 0.37.
The historical rank and industry rank for Niigata Kotsu Co's PB Ratio or its related term are showing as below:
TSE:9017'
s PB Ratio Range Over the Past 10 Years
Min: 0.37 Med: 0.47 Max: 0.57
Current: 0.38
During the past 13 years, Niigata Kotsu Co's highest PB Ratio was 0.57. The lowest was 0.37. And the median was 0.47.
TSE:9017's PB Ratio is ranked better than 93.06% of 965
companies
in the Transportation industry
Industry Median: 1.25
vs TSE:9017: 0.38
During the past 12 months, Niigata Kotsu Co's average Book Value Per Share Growth Rate was 6.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 2.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Niigata Kotsu Co was 12.10% per year. The lowest was -1.50% per year. And the median was 5.20% 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.
Niigata Kotsu Co PB Ratio Related Terms
Niigata Kotsu Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Niigata Kotsu 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 Railroads subindustry, Niigata Kotsu 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.
Niigata Kotsu Co PB Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Niigata Kotsu Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Niigata Kotsu 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.
Niigata Kotsu Co (TSE:9017) has a PB Ratio of 0.38 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Niigata Kotsu Co and its competitors. This is 19% below median its historical median of 0.47. Over the past decade, Niigata Kotsu Co's PB Ratio has ranged from 0.37 to 0.57. According to the industry distribution chart, Niigata Kotsu Co ranks #67 out of 965 companies in the Transportation industry, placing it in the top 6.9%.
Is Niigata Kotsu Co's PB Ratio too high?
Niigata Kotsu Co's current PB Ratio of 0.38 is 19% below median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 0.57. The Transportation industry median PB Ratio is 1.25. Niigata Kotsu Co's value of 0.38 is 69.6% below this industry median. Based on the distribution chart, Niigata Kotsu Co ranks #67 out of 965 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Niigata Kotsu Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Niigata Kotsu Co's PB Ratio compare to UNP and CSX?
According to the Transportation industry distribution chart, Niigata Kotsu Co ranks #67 out of 965 companies for PB Ratio. This places Niigata Kotsu Co in the top 7% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.25. Niigata Kotsu Co's value of 0.38 is 69.6% below this benchmark. Historically, Niigata Kotsu Co's own PB Ratio has ranged from 0.37 to 0.57 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 1.25, Niigata Kotsu 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 Transportation company?
The median PB Ratio among Transportation companies is 1.25, based on 965 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. Niigata Kotsu Co's current PB Ratio of 0.38 is 69.6% 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 Niigata Kotsu Co and its competitors. For the Transportation industry, the median PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Niigata Kotsu Co's current PB Ratio is 0.38, which is 19% below 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 Niigata Kotsu Co stock overvalued right now?
Based on GuruFocus' analysis, Niigata Kotsu Co (TSE:9017) is currently considered Fairly Valued. The stock's GF Value™ is 円2,186.72, compared to a current price of 円2,005.00 — trading 8.3% below its estimated fair value. The current PB Ratio is 0.38, which is 19% below median its 10-year median of 0.47 and 69.6% below the Transportation industry median of 1.25. Niigata Kotsu Co's overall GF Score™ is 66/100 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 Niigata Kotsu Co (TSE:9017), the current PB Ratio is 0.38 as of Jul. 16, 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 Niigata Kotsu Co (TSE:9017) Overvalued in 2026?
Based on GuruFocus' analysis, Niigata Kotsu Co stock appears to be undervalued.
The current stock price of 円2,005.00 is trading 8.3% below its estimated GF Value™ of 円2,186.72.
GuruFocus considers Niigata Kotsu Co to be Fairly Valued.
Key valuation signals for TSE:9017:
PB Ratio: 0.38 (19% below median its 10-year median of 0.47)
GF Value™: 円2,186.72 vs. price of 円2,005.00 (8.3% below fair value)
Industry Position: 69.6% below the Transportation median (#67 of 965)
No single metric tells the full story. See the TSE:9017 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Niigata Kotsu Co Ltd provides passenger transport services in Japan. The company's core business activities are categorised into four key segments - Transport, Real Estate, Products Sales, and Ryokan Business. The majority of its revenue is derived from the Transport business segment. It offers stagecoach bus and coach services; hotel and restaurant services; advertising agency services; air transport agency services. In addition, the company is involved in the parking lot management.
66GF Score
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