Toyo Tec Co (TSE:9686) PB Ratio: 0.74 (As of Jul. 14, 2026) — 25% Above Median

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TSE:9686 Toyo Tec Co Ltd TSE:9686
88 GF Score
Price 円1,640.00
GF Value 円1,721.53
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Toyo Tec Co PB Ratio?

Toyo Tec Co TSE:9686 88 PB Ratio is 0.74 as of Jul. 14, 2026, which is 25% above its 10-year median of 0.59. GuruFocus rates TSE:9686 with a GF Score™ of 88/100 and a GF Value™ of 円1,721.53 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,048 Business Services companies, Toyo Tec Co ranks better than 80.73% 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 (2026-07-14), Toyo Tec Co's share price is 円1640.00. Toyo Tec Co's Book Value per Share for the quarter that ended in Mar. 2026 was 円2,212.30. Hence, Toyo Tec Co's PB Ratio of today is 0.74.

The historical rank and industry rank for Toyo Tec Co's PB Ratio or its related term are showing as below:

TSE:9686' s PB Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.59   Max: 0.87
Current: 0.75

During the past 13 years, Toyo Tec Co's highest PB Ratio was 0.87. The lowest was 0.41. And the median was 0.59.

TSE:9686's PB Ratio is ranked better than
80.73% of 1048 companies
in the Business Services industry
Industry Median: 1.66 vs TSE:9686: 0.75

During the past 12 months, Toyo Tec Co's average Book Value Per Share Growth Rate was 5.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Toyo Tec Co was 3.10% per year. The lowest was -0.30% per year. And the median was 2.45% per year.

Back to Basics: PB Ratio


Toyo Tec Co  (TSE:9686) 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.


Toyo Tec Co PB Ratio Related Terms


Toyo Tec Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Toyo Tec 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.

Toyo Tec Co PB Ratio Chart

Toyo Tec Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.47 0.62 0.64 0.73

Toyo Tec Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.62 0.57 0.64 0.70 0.73

TSE:9686 vs ALLE, MSA, ADT: PB Ratio Comparison

For the Security & Protection Services subindustry, Toyo Tec 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.


Toyo Tec Co PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Toyo Tec Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Toyo Tec Co's PB Ratio falls into.


TSE:9686
88GF Score
Toyo Tec Co Ltd TSE:9686
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toyo Tec Co 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.

Toyo Tec Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=1640.00/2212.3
=0.74

* 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 0.74 mean?
Toyo Tec Co (TSE:9686) has a PB Ratio of 0.74 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Toyo Tec Co and its competitors. This is 25% above median its historical median of 0.59. Over the past decade, Toyo Tec Co's PB Ratio has ranged from 0.41 to 0.87. According to the industry distribution chart, Toyo Tec Co ranks #202 out of 1048 companies in the Business Services industry, placing it in the top 19.3%.
Is Toyo Tec Co's PB Ratio too high?
Toyo Tec Co's current PB Ratio of 0.74 is 25% above median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 0.87. The Business Services industry median PB Ratio is 1.66. Toyo Tec Co's value of 0.74 is 55.4% below this industry median. Based on the distribution chart, Toyo Tec Co ranks #202 out of 1048 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Toyo Tec 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 Toyo Tec Co's PB Ratio compare to ALLE and MSA?
According to the Business Services industry distribution chart, Toyo Tec Co ranks #202 out of 1048 companies for PB Ratio. This places Toyo Tec Co in the top 19% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.66. Toyo Tec Co's value of 0.74 is 55.4% below this benchmark. Historically, Toyo Tec Co's own PB Ratio has ranged from 0.41 to 0.87 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 1.66, Toyo Tec 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 Business Services company?
The median PB Ratio among Business Services companies is 1.66, based on 1,048 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. Toyo Tec Co's current PB Ratio of 0.74 is 55.4% 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 Toyo Tec Co and its competitors. For the Business Services industry, the median PB Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyo Tec Co's current PB Ratio is 0.74, which is 25% above median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Tec Co stock overvalued right now?
Based on GuruFocus' analysis, Toyo Tec Co (TSE:9686) is currently considered Fairly Valued. The stock's GF Value™ is 円1,721.53, compared to a current price of 円1,640.00 — trading 4.7% below its estimated fair value. The current PB Ratio is 0.74, which is 25% above median its 10-year median of 0.59 and 55.4% below the Business Services industry median of 1.66. Toyo Tec Co's overall GF Score™ is 88/100 with 2 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 Toyo Tec Co (TSE:9686), the current PB Ratio is 0.74 as of Jul. 14, 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 Toyo Tec Co (TSE:9686) Overvalued in 2026?

Based on GuruFocus' analysis, Toyo Tec Co stock appears to be undervalued. The current stock price of 円1,640.00 is trading 4.7% below its estimated GF Value™ of 円1,721.53. GuruFocus considers Toyo Tec Co to be Fairly Valued.

Key valuation signals for TSE:9686:

  • PB Ratio: 0.74 (25% above median its 10-year median of 0.59)
  • GF Value™: 円1,721.53 vs. price of 円1,640.00 (4.7% below fair value)
  • GF Score™: 88/100 with 2 warning signs
  • Industry Position: 55.4% below the Business Services median (#202 of 1048)

No single metric tells the full story. See the TSE:9686 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toyo Tec Co Business Description

Address 1-7-18 Sakuragawa, Osaka, JPN
Toyo Tec Co Ltd is engaged in security and protection services. The product line includes, Online security TEC alert system, Image monitoring service, TEC-G premier, Surveillance camera system, Entering and leaving management system, Facility security services, Transport security service, ATM management work, Crowd guard, and Face authentication system.
88GF Score

Get the complete analysis for TSE:9686

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

円1,640.00
Price
円1,721.53
GF Value