Bookoff Group Holdings (TSE:9278) PB Ratio: 2.19 (As of Jul. 22, 2026) — 65% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:9278 Bookoff Group Holdings Ltd TSE:9278
78 GF Score
Price 円2,638.00
GF Value 円1,841.31
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Bookoff Group Holdings PB Ratio?

Bookoff Group Holdings TSE:9278 +6.33% 78 PB Ratio is 2.19 as of Jul. 22, 2026, which is 65% above its 10-year median of 1.33. GuruFocus rates TSE:9278 with a GF Score™ of 78/100 and a GF Value™ of 円1,841.31 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,080 Retail - Cyclical companies, Bookoff Group Holdings ranks worse than 65.19% 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 (2026-07-22), Bookoff Group Holdings's share price is 円2638.00. Bookoff Group Holdings's Book Value per Share for the quarter that ended in Feb. 2026 was 円1,204.81. Hence, Bookoff Group Holdings's PB Ratio of today is 2.19.

Warning Sign:

Bookoff Group Holdings Ltd stock PB Ratio (=2.06) is close to 10-year high of 2.1.

The historical rank and industry rank for Bookoff Group Holdings's PB Ratio or its related term are showing as below:

TSE:9278' s PB Ratio Range Over the Past 10 Years
Min: 0.88   Med: 1.33   Max: 2.19
Current: 2.19

During the past 8 years, Bookoff Group Holdings's highest PB Ratio was 2.19. The lowest was 0.88. And the median was 1.33.

TSE:9278's PB Ratio is ranked worse than
65.19% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 1.455 vs TSE:9278: 2.19

During the past 12 months, Bookoff Group Holdings's average Book Value Per Share Growth Rate was 13.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.10% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Bookoff Group Holdings was 12.30% per year. The lowest was 4.00% per year. And the median was 8.60% per year.

Back to Basics: PB Ratio


Bookoff Group Holdings  (TSE:9278) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Bookoff Group Holdings PB Ratio Related Terms


Bookoff Group Holdings PB Ratio Historical Data

* Premium members only.

The historical data trend for Bookoff Group 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.

Bookoff Group Holdings PB Ratio Chart

Bookoff Group Holdings Annual Data
Trend Mar19 Mar20 Mar21 May22 May23 May24 May25 May26
PB Ratio
Get a 7-Day Free Trial 1.19 1.29 1.51 1.36 1.66

Bookoff Group Holdings Quarterly Data
Dec20 Mar21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 May25 Aug25 Nov25 Feb26 May26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.36 1.44 1.31 1.62 1.66

TSE:9278 vs CASY, WSM, DKS: PB Ratio Comparison

For the Specialty Retail subindustry, Bookoff Group 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.


Bookoff Group Holdings PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Bookoff Group Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Bookoff Group Holdings's PB Ratio falls into.


TSE:9278
78GF Score
Bookoff Group Holdings Ltd TSE:9278
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bookoff Group Holdings PB Ratio Calculation

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.

Bookoff Group Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Feb. 2026)
=2638.00/1204.808
=2.19

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 2.19 mean?
Bookoff Group Holdings (TSE:9278) has a PB Ratio of 2.19 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Bookoff Group Holdings and its competitors. This is 65% above median its historical median of 1.33. Over the past decade, Bookoff Group Holdings' PB Ratio has ranged from 0.88 to 2.19. According to the industry distribution chart, Bookoff Group Holdings ranks #704 out of 1080 companies in the Retail - Cyclical industry, placing it in the top 65.2%.
Is Bookoff Group Holdings' PB Ratio too high?
Bookoff Group Holdings' current PB Ratio of 2.19 is 65% above median its 10-year median of 1.33. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 2.19. The Retail - Cyclical industry median PB Ratio is 1.46. Bookoff Group Holdings' value of 2.19 is 50.5% above this industry median. Based on the distribution chart, Bookoff Group Holdings ranks #704 out of 1080 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Bookoff Group Holdings has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bookoff Group Holdings' PB Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Bookoff Group Holdings ranks #704 out of 1080 companies for PB Ratio. This places Bookoff Group Holdings in the lower half of its industry. The industry median PB Ratio is 1.46. Bookoff Group Holdings' value of 2.19 is 50.5% above this benchmark. Historically, Bookoff Group Holdings' own PB Ratio has ranged from 0.88 to 2.19 over the past decade. While the company's 10-year median is 1.33 vs. the industry median of 1.46, Bookoff Group Holdings 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 Retail - Cyclical company?
The median PB Ratio among Retail - Cyclical companies is 1.46, based on 1,080 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. Bookoff Group Holdings's current PB Ratio of 2.19 is 50.5% 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 Bookoff Group Holdings and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bookoff Group Holdings's current PB Ratio is 2.19, which is 65% above median its own 10-year median of 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bookoff Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Bookoff Group Holdings (TSE:9278) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,841.31, compared to a current price of 円2,638.00 — trading 43.3% above its estimated fair value. The current PB Ratio is 2.19, which is 65% above median its 10-year median of 1.33 and 50.5% above the Retail - Cyclical industry median of 1.46. Bookoff Group Holdings' overall GF Score™ is 78/100 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 Bookoff Group Holdings (TSE:9278), the current PB Ratio is 2.19 as of Jul. 22, 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 Bookoff Group Holdings (TSE:9278) Overvalued in 2026?

Based on GuruFocus' analysis, Bookoff Group Holdings stock appears to be overvalued. The current stock price of 円2,638.00 is trading 43.3% above its estimated GF Value™ of 円1,841.31. GuruFocus considers Bookoff Group Holdings to be Significantly Overvalued.

Key valuation signals for TSE:9278:

  • PB Ratio: 2.19 (65% above median its 10-year median of 1.33)
  • GF Value™: 円1,841.31 vs. price of 円2,638.00 (43.3% above fair value)
  • GF Score™: 78/100 with 6 warning signs
  • Industry Position: 50.5% above the Retail - Cyclical median (#704 of 1080)

No single metric tells the full story. See the TSE:9278 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bookoff Group Holdings Business Description

Address 2-14-20 Kobuchi, Minami-ku, Kanagawa-Prefecture, Sagamihara, JPN, 252-0344
Bookoff Group Holdings Ltd purchases and sells books, software, apparel, sporting goods, baby goods, watches, luxury-brand bags, precious metals, kitchenware, and household goods through its stores, which include BOOKOFF SUPER BAZAAR stores and BOOKOFF PLUS stores. The company's business segments are Reuse Store Business, BOOKOFF Online Business, HUGALL Business, and Packaged Media Business.
78GF Score

Get the complete analysis for TSE:9278

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円2,638.00
Price
円1,841.31
GF Value