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Tokyotokeiba CoTSE:9672 -1.32%88 PB Ratio is 1.33 as of Jul. 18, 2026, which is 9% below its 10-year median of 1.46. GuruFocus rates TSE:9672 with a GF Score™ of 88/100 and a GF Value™ of 円4,879.81 (Fairly Valued). The stock has 3 warning signs investors should review. Among 792 Travel & Leisure companies, Tokyotokeiba Co ranks better than 54.29% 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 (2026-07-18), Tokyotokeiba Co's share price is 円4850.00. Tokyotokeiba Co's Book Value per Share for the quarter that ended in Dec. 2025 was 円3,650.14. Hence, Tokyotokeiba Co's PB Ratio of today is 1.33.
The historical rank and industry rank for Tokyotokeiba Co's PB Ratio or its related term are showing as below:
TSE:9672'
s PB Ratio Range Over the Past 10 Years
Min: 0.97 Med: 1.46 Max: 2.5
Current: 1.33
During the past 13 years, Tokyotokeiba Co's highest PB Ratio was 2.50. The lowest was 0.97. And the median was 1.46.
TSE:9672's PB Ratio is ranked better than 54.29% of 792
companies
in the Travel & Leisure industry
Industry Median: 1.485
vs TSE:9672: 1.33
During the past 12 months, Tokyotokeiba Co's average Book Value Per Share Growth Rate was 6.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 7.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 8.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 6.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tokyotokeiba Co was 8.70% per year. The lowest was 0.90% per year. And the median was 3.80% 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.
Tokyotokeiba Co PB Ratio Related Terms
Tokyotokeiba Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Tokyotokeiba 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 Gambling subindustry, Tokyotokeiba 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.
Tokyotokeiba Co PB Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Tokyotokeiba Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Tokyotokeiba 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.
Tokyotokeiba Co'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.
Tokyotokeiba Co (TSE:9672) has a PB Ratio of 1.33 as of Jul. 18, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tokyotokeiba Co and its competitors. This is near median its historical median of 1.46. Over the past decade, Tokyotokeiba Co's PB Ratio has ranged from 0.97 to 2.50. According to the industry distribution chart, Tokyotokeiba Co ranks #362 out of 792 companies in the Travel & Leisure industry, placing it in the top 45.7%.
Is Tokyotokeiba Co's PB Ratio too high?
Tokyotokeiba Co's current PB Ratio of 1.33 is near median its 10-year median of 1.46. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 2.50. The Travel & Leisure industry median PB Ratio is 1.49. Tokyotokeiba Co's value of 1.33 is 10.4% below this industry median. Based on the distribution chart, Tokyotokeiba Co ranks #362 out of 792 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Tokyotokeiba Co has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tokyotokeiba Co's PB Ratio compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Tokyotokeiba Co ranks #362 out of 792 companies for PB Ratio. This puts Tokyotokeiba Co in the upper half of its industry. The industry median PB Ratio is 1.49. Tokyotokeiba Co's value of 1.33 is 10.4% below this benchmark. Historically, Tokyotokeiba Co's own PB Ratio has ranged from 0.97 to 2.50 over the past decade. While the company's 10-year median is 1.46 vs. the industry median of 1.49, Tokyotokeiba 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 a Travel & Leisure company?
The median PB Ratio among Travel & Leisure companies is 1.49, based on 792 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. Tokyotokeiba Co's current PB Ratio of 1.33 is 10.4% 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 Tokyotokeiba Co and its competitors. For the Travel & Leisure industry, the median PB Ratio is 1.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyotokeiba Co's current PB Ratio is 1.33, which is near median its own 10-year median of 1.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyotokeiba Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyotokeiba Co (TSE:9672) is currently considered Fairly Valued. The stock's GF Value™ is 円4,879.81, compared to a current price of 円4,850.00 — trading 0.6% below its estimated fair value. The current PB Ratio is 1.33, which is near median its 10-year median of 1.46 and 10.4% below the Travel & Leisure industry median of 1.49. Tokyotokeiba Co's overall GF Score™ is 88/100 with 3 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 Tokyotokeiba Co (TSE:9672), the current PB Ratio is 1.33 as of Jul. 18, 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 Tokyotokeiba Co (TSE:9672) Overvalued in 2026?
Based on GuruFocus' analysis, Tokyotokeiba Co stock appears to be undervalued.
The current stock price of 円4,850.00 is trading 0.6% below its estimated GF Value™ of 円4,879.81.
GuruFocus considers Tokyotokeiba Co to be Fairly Valued.
Key valuation signals for TSE:9672:
PB Ratio: 1.33 (near median its 10-year median of 1.46)
GF Value™: 円4,879.81 vs. price of 円4,850.00 (0.6% below fair value)
Industry Position: 10.4% below the Travel & Leisure median (#362 of 792)
No single metric tells the full story. See the TSE:9672 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokyotokeiba Co Ltd is a gambling company engaged in horse racing. The company has four business segments: public competition, amusement park, warehouse leasing, and service. The public competition segment operates horse and auto race tracks. The amusement park segment operates Tokyo Summerland. The warehouse leasing segment leases logistics warehouses, and the service segment leases commercial facilities. The company generates the vast majority of its revenue in Japan.
88GF Score
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