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Tre HoldingsTSE:9247 -2.06%54 PB Ratio is 1.21 as of Jul. 20, 2026, which is 25% above its 10-year median of 0.97. GuruFocus rates TSE:9247 with a GF Score™ of 54/100 and a GF Value™ of 円1,608.83 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 226 Waste Management companies, Tre Holdings ranks better than 61.95% 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 (2026-07-20), Tre Holdings's share price is 円2136.00. Tre Holdings's Book Value per Share for the quarter that ended in Mar. 2026 was 円1,762.76. Hence, Tre Holdings's PB Ratio of today is 1.21.
Warning Sign:
Tre Holdings Corp stock PB Ratio (=1.21) is close to 1-year high of 1.22.
The historical rank and industry rank for Tre Holdings's PB Ratio or its related term are showing as below:
TSE:9247'
s PB Ratio Range Over the Past 10 Years
Min: 0.79 Med: 0.97 Max: 1.38
Current: 1.21
During the past 5 years, Tre Holdings's highest PB Ratio was 1.38. The lowest was 0.79. And the median was 0.97.
TSE:9247's PB Ratio is ranked better than 61.95% of 226
companies
in the Waste Management industry
Industry Median: 1.57
vs TSE:9247: 1.21
During the past 12 months, Tre Holdings's average Book Value Per Share Growth Rate was 17.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 11.40% per year.
During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Tre Holdings was 11.40% per year. The lowest was 7.10% per year. And the median was 9.25% 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.
Tre Holdings PB Ratio Related Terms
Tre Holdings PB Ratio Historical Data
* Premium members only.
The historical data trend for Tre Holdings'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 Waste Management subindustry, Tre Holdings'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.
Tre Holdings PB Ratio vs Waste Management Industry
For the Waste Management industry and Industrials sector, Tre Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where Tre Holdings'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.
Tre Holdings's PB Ratio for today is calculated as follows:
* 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.
Tre Holdings (TSE:9247) has a PB Ratio of 1.21 as of Jul. 20, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tre Holdings and its competitors. This is 25% above median its historical median of 0.97. Over the past decade, Tre Holdings' PB Ratio has ranged from 0.79 to 1.38. According to the industry distribution chart, Tre Holdings ranks #86 out of 226 companies in the Waste Management industry, placing it in the top 38.1%.
Is Tre Holdings' PB Ratio too high?
Tre Holdings' current PB Ratio of 1.21 is 25% above median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 1.38. The Waste Management industry median PB Ratio is 1.57. Tre Holdings' value of 1.21 is 22.9% below this industry median. Based on the distribution chart, Tre Holdings ranks #86 out of 226 companies in the Waste Management industry, which is above the industry midpoint. Overall, Tre Holdings has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tre Holdings' PB Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Tre Holdings ranks #86 out of 226 companies for PB Ratio. This puts Tre Holdings in the upper half of its industry. The industry median PB Ratio is 1.57. Tre Holdings' value of 1.21 is 22.9% below this benchmark. Historically, Tre Holdings' own PB Ratio has ranged from 0.79 to 1.38 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 1.57, Tre Holdings 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 Waste Management company?
The median PB Ratio among Waste Management companies is 1.57, based on 226 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. Tre Holdings's current PB Ratio of 1.21 is 22.9% 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 Tre Holdings and its competitors. For the Waste Management industry, the median PB Ratio is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tre Holdings's current PB Ratio is 1.21, which is 25% above median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tre Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tre Holdings (TSE:9247) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,608.83, compared to a current price of 円2,136.00 — trading 32.8% above its estimated fair value. The current PB Ratio is 1.21, which is 25% above median its 10-year median of 0.97 and 22.9% below the Waste Management industry median of 1.57. Tre Holdings' overall GF Score™ is 54/100 with 7 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 Tre Holdings (TSE:9247), the current PB Ratio is 1.21 as of Jul. 20, 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 Tre Holdings (TSE:9247) Overvalued in 2026?
Based on GuruFocus' analysis, Tre Holdings stock appears to be overvalued.
The current stock price of 円2,136.00 is trading 32.8% above its estimated GF Value™ of 円1,608.83.
GuruFocus considers Tre Holdings to be Significantly Overvalued.
Key valuation signals for TSE:9247:
PB Ratio: 1.21 (25% above median its 10-year median of 0.97)
GF Value™: 円1,608.83 vs. price of 円2,136.00 (32.8% above fair value)
Industry Position: 22.9% below the Waste Management median (#86 of 226)
No single metric tells the full story. See the TSE:9247 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tre Holdings Corp is involved in managing and related activities of its subsidiaries, which operate in the waste treatment and recycling industry, renewable energy sector, environmental engineering, scrap metal recycling, and the disposal of end-of-life vehicles and scrapped home appliances.
54GF Score
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