Hiroshima Gas CoTSE:9535 62 PB Ratio is 0.40 as of Jul. 09, 2026, which is 11% below its 10-year median of 0.45. GuruFocus rates TSE:9535 with a GF Score™ of 62/100 and a GF Value™ of 円352.04 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 925 Oil & Gas companies, Hiroshima Gas Co ranks better than 92.86% 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 (2026-07-09), Hiroshima Gas Co's share price is 円420.00. Hiroshima Gas Co's Book Value per Share for the quarter that ended in Mar. 2026 was 円1,040.27. Hence, Hiroshima Gas Co's PB Ratio of today is 0.40.
The historical rank and industry rank for Hiroshima Gas Co's PB Ratio or its related term are showing as below:
TSE:9535'
s PB Ratio Range Over the Past 10 Years
Min: 0.33 Med: 0.45 Max: 0.6
Current: 0.4
During the past 13 years, Hiroshima Gas Co's highest PB Ratio was 0.60. The lowest was 0.33. And the median was 0.45.
TSE:9535's PB Ratio is ranked better than 92.86% of 925
companies
in the Oil & Gas industry
Industry Median: 1.43
vs TSE:9535: 0.40
During the past 12 months, Hiroshima Gas Co's average Book Value Per Share Growth Rate was 4.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hiroshima Gas Co was 9.20% per year. The lowest was -4.50% per year. And the median was 4.30% 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.
Hiroshima Gas Co PB Ratio Related Terms
Hiroshima Gas Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Hiroshima Gas 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 Oil & Gas Integrated subindustry, Hiroshima Gas 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.
Hiroshima Gas Co PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Hiroshima Gas Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Hiroshima Gas 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.
Hiroshima Gas Co (TSE:9535) has a PB Ratio of 0.40 as of Jul. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hiroshima Gas Co and its competitors. This is 11% below median its historical median of 0.45. Over the past decade, Hiroshima Gas Co's PB Ratio has ranged from 0.33 to 0.60. According to the industry distribution chart, Hiroshima Gas Co ranks #66 out of 925 companies in the Oil & Gas industry, placing it in the top 7.1%.
Is Hiroshima Gas Co's PB Ratio too high?
Hiroshima Gas Co's current PB Ratio of 0.40 is 11% below median its 10-year median of 0.45. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 0.60. The Oil & Gas industry median PB Ratio is 1.43. Hiroshima Gas Co's value of 0.40 is 72% below this industry median. Based on the distribution chart, Hiroshima Gas Co ranks #66 out of 925 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Hiroshima Gas Co has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hiroshima Gas Co's PB Ratio compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Hiroshima Gas Co ranks #66 out of 925 companies for PB Ratio. This places Hiroshima Gas Co in the top 7% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.43. Hiroshima Gas Co's value of 0.40 is 72% below this benchmark. Historically, Hiroshima Gas Co's own PB Ratio has ranged from 0.33 to 0.60 over the past decade. While the company's 10-year median is 0.45 vs. the industry median of 1.43, Hiroshima Gas 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 an Oil & Gas company?
The median PB Ratio among Oil & Gas companies is 1.43, based on 925 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. Hiroshima Gas Co's current PB Ratio of 0.40 is 72% 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 Hiroshima Gas Co and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hiroshima Gas Co's current PB Ratio is 0.40, which is 11% below median its own 10-year median of 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiroshima Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Hiroshima Gas Co (TSE:9535) is currently considered Modestly Overvalued. The stock's GF Value™ is 円352.04, compared to a current price of 円420.00 — trading 19.3% above its estimated fair value. The current PB Ratio is 0.40, which is 11% below median its 10-year median of 0.45 and 72% below the Oil & Gas industry median of 1.43. Hiroshima Gas Co's overall GF Score™ is 62/100 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 Hiroshima Gas Co (TSE:9535), the current PB Ratio is 0.40 as of Jul. 09, 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 Hiroshima Gas Co (TSE:9535) Overvalued in 2026?
Based on GuruFocus' analysis, Hiroshima Gas Co stock appears to be overvalued.
The current stock price of 円420.00 is trading 19.3% above its estimated GF Value™ of 円352.04.
GuruFocus considers Hiroshima Gas Co to be Modestly Overvalued.
Key valuation signals for TSE:9535:
PB Ratio: 0.40 (11% below median its 10-year median of 0.45)
GF Value™: 円352.04 vs. price of 円420.00 (19.3% above fair value)
Industry Position: 72% below the Oil & Gas median (#66 of 925)
No single metric tells the full story. See the TSE:9535 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hiroshima Gas Co Ltd is a provider of gas in the Chugoku region of Japan. It engages in supply of gas business, sale of gas appliances, sales of liquefied natural gas, and electricity business. Its business segments include Gas business which includes production, supply and sale of city gas, wholesale supply of gas to other gas companies; LPG business includes sale of LPG, refilling of LPG tanks, sale of LPG devices and installation of LPG pipes, and Other activities include construction, engineering, installation of machinery, and information distribution.
62GF Score
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