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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 (2026-09-10), NIPPON CONCEPT's share price is 円3045.00. NIPPON CONCEPT's Book Value per Share for the quarter that ended in Jun. 2025 was 円1,391.16. Hence, NIPPON CONCEPT's PB Ratio of today is 2.19.
Warning Sign:
NIPPON CONCEPT Corp stock PB Ratio (=2.19) is close to 3-year high of 2.19.
The historical rank and industry rank for NIPPON CONCEPT's PB Ratio or its related term are showing as below:
TSE:9386'
s PB Ratio Range Over the Past 10 Years
Min: 1.11 Med: 1.81 Max: 2.89
Current: 2.19
During the past 13 years, NIPPON CONCEPT's highest PB Ratio was 2.89. The lowest was 1.11. And the median was 1.81.
TSE:9386's PB Ratio is not ranked
in the Oil & Gas industry.
Industry Median: 1.51
vs TSE:9386: 2.19
During the past 12 months, NIPPON CONCEPT's average Book Value Per Share Growth Rate was -0.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 14.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 13.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 13.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of NIPPON CONCEPT was 33.50% per year. The lowest was 9.80% per year. And the median was 14.10% 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.
NIPPON CONCEPT PB Ratio Related Terms
NIPPON CONCEPT PB Ratio Historical Data
* Premium members only.
The historical data trend for NIPPON CONCEPT'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 Oil & Gas Midstream subindustry, NIPPON CONCEPT'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.
NIPPON CONCEPT PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NIPPON CONCEPT's PB Ratio distribution charts can be found below:
* The bar in red indicates where NIPPON CONCEPT'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.
NIPPON CONCEPT'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.
NIPPON CONCEPT (TSE:9386) has a PB Ratio of 2.19 as of Sep. 10, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on NIPPON CONCEPT and its competitors. This is 21% above median its historical median of 1.81. Over the past decade, NIPPON CONCEPT's PB Ratio has ranged from 1.11 to 2.89.
Is NIPPON CONCEPT's PB Ratio too high?
NIPPON CONCEPT's current PB Ratio of 2.19 is 21% above median its 10-year median of 1.81. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 2.89. The Oil & Gas industry median PB Ratio is 1.51. NIPPON CONCEPT's value of 2.19 is 45% above this industry median. Overall, NIPPON CONCEPT has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does NIPPON CONCEPT's PB Ratio compare to WMB and EPD?
NIPPON CONCEPT's PB Ratio of 2.19 can be compared against companies in the Oil & Gas industry. The industry median PB Ratio is 1.51. NIPPON CONCEPT's value of 2.19 is 45% above this benchmark. Historically, NIPPON CONCEPT's own PB Ratio has ranged from 1.11 to 2.89 over the past decade. While the company's 10-year median is 1.81 vs. the industry median of 1.51, NIPPON CONCEPT 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 an Oil & Gas company?
The median PB Ratio among Oil & Gas companies is 1.51, based on 931 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. NIPPON CONCEPT's current PB Ratio of 2.19 is 45% 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 NIPPON CONCEPT and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NIPPON CONCEPT's current PB Ratio is 2.19, which is 21% above median its own 10-year median of 1.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIPPON CONCEPT stock overvalued right now?
NIPPON CONCEPT (TSE:9386) has a current PB Ratio of 2.19. The stock's GF Value™ is 円1,801.56, compared to a current price of 円3,045.00 — trading 69% above its estimated fair value. The current PB Ratio is 2.19, which is 21% above median its 10-year median of 1.81 and 45% above the Oil & Gas industry median of 1.51. NIPPON CONCEPT's overall GF Score™ is 68/100 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 NIPPON CONCEPT (TSE:9386), the current PB Ratio is 2.19 as of Sep. 10, 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 NIPPON CONCEPT (TSE:9386) Overvalued in 2026?
Based on GuruFocus' analysis, NIPPON CONCEPT stock appears to be overvalued.
The current stock price of 円3,045.00 is trading 69% above its estimated GF Value™ of 円1,801.56.
Key valuation signals for TSE:9386:
PB Ratio: 2.19 (21% above median its 10-year median of 1.81)
GF Value™: 円1,801.56 vs. price of 円3,045.00 (69% above fair value)
No single metric tells the full story. See the TSE:9386 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NIPPON CONCEPT Corp is engaged in the business of transportation of chemicals and various gases. The company is also involved in the storage of liquid cargo, recovery and destruction of freon gas, cleaning and maintenance of chemical tank containers, and storage and inspection of gas tank containers.
68GF Score
Get the complete analysis for TSE:9386
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