Aso InternationalTSE:9340 -1.01%65 PB Ratio is 2.20 as of Jul. 11, 2026, which is 11% above its 10-year median of 1.98. GuruFocus rates TSE:9340 with a GF Score™ of 65/100 and a GF Value™ of 円648.55 (Fairly Valued). The stock has 4 warning signs investors should review. Among 786 Medical Devices & Instruments companies, Aso International ranks worse than 52.67% on this metric.
The historical rank and industry rank for Aso International's PB Ratio or its related term are showing as below:
TSE:9340'
s PB Ratio Range Over the Past 10 Years
Min: 1.17 Med: 1.98 Max: 2.7
Current: 2.2
During the past 5 years, Aso International's highest PB Ratio was 2.70. The lowest was 1.17. And the median was 1.98.
TSE:9340's PB Ratio is ranked worse than 52.67% of 786
companies
in the Medical Devices & Instruments industry
Industry Median: 2.06
vs TSE:9340: 2.20
During the past 12 months, Aso International's average Book Value Per Share Growth Rate was 6.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 23.20% per year.
During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Aso International was 28.20% per year. The lowest was 23.20% per year. And the median was 25.70% 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.
Aso International PB Ratio Related Terms
Aso International PB Ratio Historical Data
* Premium members only.
The historical data trend for Aso International'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 Medical Instruments & Supplies subindustry, Aso International'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.
Aso International PB Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Aso International's PB Ratio distribution charts can be found below:
* The bar in red indicates where Aso International'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.
Aso International (TSE:9340) has a PB Ratio of 2.20 as of Jul. 11, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Aso International and its competitors. This is 11% above median its historical median of 1.98. Over the past decade, Aso International's PB Ratio has ranged from 1.17 to 2.70. According to the industry distribution chart, Aso International ranks #414 out of 786 companies in the Medical Devices & Instruments industry, placing it in the top 52.7%.
Is Aso International's PB Ratio too high?
Aso International's current PB Ratio of 2.20 is 11% above median its 10-year median of 1.98. Over the past 10 years, this metric has ranged from a low of 1.17 to a high of 2.70. The Medical Devices & Instruments industry median PB Ratio is 2.06. Aso International's value of 2.20 is 6.8% above this industry median. Based on the distribution chart, Aso International ranks #414 out of 786 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Aso International has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aso International's PB Ratio compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Aso International ranks #414 out of 786 companies for PB Ratio. This places Aso International in the lower half of its industry. The industry median PB Ratio is 2.06. Aso International's value of 2.20 is 6.8% above this benchmark. Historically, Aso International's own PB Ratio has ranged from 1.17 to 2.70 over the past decade. While the company's 10-year median is 1.98 vs. the industry median of 2.06, Aso International 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 Medical Devices & Instruments company?
The median PB Ratio among Medical Devices & Instruments companies is 2.06, based on 786 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. Aso International's current PB Ratio of 2.20 is 6.8% 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 Aso International and its competitors. For the Medical Devices & Instruments industry, the median PB Ratio is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aso International's current PB Ratio is 2.20, which is 11% above median its own 10-year median of 1.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aso International stock overvalued right now?
Based on GuruFocus' analysis, Aso International (TSE:9340) is currently considered Fairly Valued. The stock's GF Value™ is 円648.55, compared to a current price of 円689.00 — trading 6.2% above its estimated fair value. The current PB Ratio is 2.20, which is 11% above median its 10-year median of 1.98 and 6.8% above the Medical Devices & Instruments industry median of 2.06. Aso International's overall GF Score™ is 65/100 with 4 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 Aso International (TSE:9340), the current PB Ratio is 2.20 as of Jul. 11, 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 Aso International (TSE:9340) Overvalued in 2026?
Based on GuruFocus' analysis, Aso International stock appears to be overvalued.
The current stock price of 円689.00 is trading 6.2% above its estimated GF Value™ of 円648.55.
GuruFocus considers Aso International to be Fairly Valued.
Key valuation signals for TSE:9340:
PB Ratio: 2.20 (11% above median its 10-year median of 1.98)
GF Value™: 円648.55 vs. price of 円689.00 (6.2% above fair value)
Industry Position: 6.8% above the Medical Devices & Instruments median (#414 of 786)
No single metric tells the full story. See the TSE:9340 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aso International Inc is engaged in the manufacturing and sale of orthodontic appliances. The company mainly manufactures and supplies custom-made orthodontic dental prostheses to dental medical institutions. Its product portfolio comprises Aso Liner, Specter 4D Print Retainer, 3D printers for dental prostheses, Harmony, a lingual orthodontic system, and various types of retainers, among others. The group operates in a single segment, the orthodontic business.
65GF Score
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