TOKAI (TSE:9729) PB Ratio: 0.89 (As of Jul. 08, 2026) — 17% Below Median


TSE:9729 TOKAI Corp TSE:9729
88 GF Score
Price 円2,403.00
GF Value 円2,587.77
Valuation Fairly Valued
! 1 Warning Sign
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What is TOKAI PB Ratio?

TOKAI TSE:9729 +1.05% 88 PB Ratio is 0.89 as of Jul. 08, 2026, which is 17% below its 10-year median of 1.07. GuruFocus rates TSE:9729 with a GF Score™ of 88/100 and a GF Value™ of 円2,587.77 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,047 Business Services companies, TOKAI ranks better than 75.17% 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 (2026-07-08), TOKAI's share price is 円2403.00. TOKAI's Book Value per Share for the quarter that ended in Mar. 2026 was 円2,710.67. Hence, TOKAI's PB Ratio of today is 0.89.

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

TSE:9729' s PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 1.07   Max: 1.71
Current: 0.89

During the past 13 years, TOKAI's highest PB Ratio was 1.71. The lowest was 0.74. And the median was 1.07.

TSE:9729's PB Ratio is ranked better than
75.17% of 1047 companies
in the Business Services industry
Industry Median: 1.66 vs TSE:9729: 0.89

During the past 12 months, TOKAI's average Book Value Per Share Growth Rate was 7.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of TOKAI was 10.80% per year. The lowest was 4.80% per year. And the median was 8.45% per year.

Back to Basics: PB Ratio


TOKAI  (TSE:9729) 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.


TOKAI PB Ratio Related Terms


TOKAI PB Ratio Historical Data

* Premium members only.

The historical data trend for TOKAI'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.

TOKAI PB Ratio Chart

TOKAI 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 0.79 0.85 0.90 0.83 0.91

TOKAI Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.83 0.84 0.84 0.94 0.91

TSE:9729 vs URI, SUNB, AER: PB Ratio Comparison

For the Rental & Leasing Services subindustry, TOKAI'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.


TOKAI PB Ratio vs Business Services Industry

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

* The bar in red indicates where TOKAI's PB Ratio falls into.


TSE:9729
88GF Score
TOKAI Corp TSE:9729
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TOKAI 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.

TOKAI's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=2403.00/2710.669
=0.89

* 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 0.89 mean?
TOKAI (TSE:9729) has a PB Ratio of 0.89 as of Jul. 08, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on TOKAI and its competitors. This is 17% below median its historical median of 1.07. Over the past decade, TOKAI's PB Ratio has ranged from 0.74 to 1.71. According to the industry distribution chart, TOKAI ranks #260 out of 1047 companies in the Business Services industry, placing it in the top 24.8%.
Is TOKAI's PB Ratio too high?
TOKAI's current PB Ratio of 0.89 is 17% below median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 1.71. The Business Services industry median PB Ratio is 1.66. TOKAI's value of 0.89 is 46.4% below this industry median. Based on the distribution chart, TOKAI ranks #260 out of 1047 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, TOKAI has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TOKAI's PB Ratio compare to URI and SUNB?
According to the Business Services industry distribution chart, TOKAI ranks #260 out of 1047 companies for PB Ratio. This places TOKAI in the top 25% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.66. TOKAI's value of 0.89 is 46.4% below this benchmark. Historically, TOKAI's own PB Ratio has ranged from 0.74 to 1.71 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 1.66, TOKAI 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 1,047 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. TOKAI's current PB Ratio of 0.89 is 46.4% 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 TOKAI 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. TOKAI's current PB Ratio is 0.89, which is 17% below median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOKAI stock overvalued right now?
Based on GuruFocus' analysis, TOKAI (TSE:9729) is currently considered Fairly Valued. The stock's GF Value™ is 円2,587.77, compared to a current price of 円2,403.00 — trading 7.1% below its estimated fair value. The current PB Ratio is 0.89, which is 17% below median its 10-year median of 1.07 and 46.4% below the Business Services industry median of 1.66. TOKAI's overall GF Score™ is 88/100 with 1 warning sign 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 TOKAI (TSE:9729), the current PB Ratio is 0.89 as of Jul. 08, 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 TOKAI (TSE:9729) Overvalued in 2026?

Based on GuruFocus' analysis, TOKAI stock appears to be undervalued. The current stock price of 円2,403.00 is trading 7.1% below its estimated GF Value™ of 円2,587.77. GuruFocus considers TOKAI to be Fairly Valued.

Key valuation signals for TSE:9729:

  • PB Ratio: 0.89 (17% below median its 10-year median of 1.07)
  • GF Value™: 円2,587.77 vs. price of 円2,403.00 (7.1% below fair value)
  • GF Score™: 88/100 with 1 warning sign
  • Industry Position: 46.4% below the Business Services median (#260 of 1047)

No single metric tells the full story. See the TSE:9729 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TOKAI Business Description

Address 9-16 Wakamiya-cho, Gifu-shi, JPN, 500-8828
TOKAI Corp is a Japan-based company which is involved in rental and leasing business. The firm is primarily engaged in supplying beddings for hospitals, clinics, and care facilities, as well as hotels and resort facilities, on a rental or contract basis. Its have business segments include The Healthy Life Services segment rents beddings and nursing care products, provides food service, and manufactures and sells cleaning machinery, The Dispensing Services segment operates pharmacies for dispensing service in front of general hospitals, The Environmental Services segment is engaged in the rental and sale of environmental products, and The Building Cleaning and Management services mainly for medical institutions and nursing care facilities.
88GF Score

Get the complete analysis for TSE:9729

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

円2,403.00
Price
円2,587.77
GF Value