Nikken Kogaku Co (TSE:9767) PB Ratio: 0.54 (As of Jul. 07, 2026) — 32% Below Median


TSE:9767 Nikken Kogaku Co Ltd TSE:9767
70 GF Score
Price 円1,451.00
GF Value 円1,573.15
Valuation Fairly Valued
! 2 Warning Signs
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What is Nikken Kogaku Co PB Ratio?

Nikken Kogaku Co TSE:9767 -2.68% 70 PB Ratio is 0.54 as of Jul. 07, 2026, which is 32% below its 10-year median of 0.79. GuruFocus rates TSE:9767 with a GF Score™ of 70/100 and a GF Value™ of 円1,573.15 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,718 Construction companies, Nikken Kogaku Co ranks better than 82.6% 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 (2026-07-07), Nikken Kogaku Co's share price is 円1451.00. Nikken Kogaku Co's Book Value per Share for the quarter that ended in Mar. 2026 was 円2,704.42. Hence, Nikken Kogaku Co's PB Ratio of today is 0.54.

Good Sign:

Nikken Kogaku Co Ltd stock PB Ratio (=0.56) is close to 10-year low of 0.52.

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

TSE:9767' s PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.79   Max: 2.05
Current: 0.54

During the past 13 years, Nikken Kogaku Co's highest PB Ratio was 2.05. The lowest was 0.52. And the median was 0.79.

TSE:9767's PB Ratio is ranked better than
82.6% of 1718 companies
in the Construction industry
Industry Median: 1.335 vs TSE:9767: 0.54

During the past 12 months, Nikken Kogaku Co's average Book Value Per Share Growth Rate was 7.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.50% 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 10.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nikken Kogaku Co was 24.00% per year. The lowest was -18.00% per year. And the median was 4.15% per year.

Back to Basics: PB Ratio


Nikken Kogaku Co  (TSE:9767) 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.


Nikken Kogaku Co PB Ratio Related Terms


Nikken Kogaku Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Nikken Kogaku 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.

Nikken Kogaku Co PB Ratio Chart

Nikken Kogaku 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 0.78 0.60 0.66 0.55 0.75

Nikken Kogaku 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 0.66 0.57 0.55 0.61 0.75

TSE:9767 vs TT, JCI, CARR: PB Ratio Comparison

For the Building Products & Equipment subindustry, Nikken Kogaku 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.


Nikken Kogaku Co PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Nikken Kogaku Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Nikken Kogaku Co's PB Ratio falls into.


TSE:9767
70GF Score
Nikken Kogaku Co Ltd TSE:9767
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nikken Kogaku 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.

Nikken Kogaku Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=1451.00/2704.418
=0.54

* 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 0.54 mean?
Nikken Kogaku Co (TSE:9767) has a PB Ratio of 0.54 as of Jul. 07, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Nikken Kogaku Co and its competitors. This is 32% below median its historical median of 0.79. Over the past decade, Nikken Kogaku Co's PB Ratio has ranged from 0.52 to 2.05. According to the industry distribution chart, Nikken Kogaku Co ranks #299 out of 1718 companies in the Construction industry, placing it in the top 17.4%.
Is Nikken Kogaku Co's PB Ratio too high?
Nikken Kogaku Co's current PB Ratio of 0.54 is 32% below median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 2.05. The Construction industry median PB Ratio is 1.34. Nikken Kogaku Co's value of 0.54 is 59.6% below this industry median. Based on the distribution chart, Nikken Kogaku Co ranks #299 out of 1718 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Nikken Kogaku Co has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nikken Kogaku Co's PB Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Nikken Kogaku Co ranks #299 out of 1718 companies for PB Ratio. This places Nikken Kogaku Co in the top 17% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.34. Nikken Kogaku Co's value of 0.54 is 59.6% below this benchmark. Historically, Nikken Kogaku Co's own PB Ratio has ranged from 0.52 to 2.05 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 1.34, Nikken Kogaku 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 Construction company?
The median PB Ratio among Construction companies is 1.34, based on 1,718 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. Nikken Kogaku Co's current PB Ratio of 0.54 is 59.6% 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 Nikken Kogaku Co and its competitors. For the Construction industry, the median PB Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nikken Kogaku Co's current PB Ratio is 0.54, which is 32% below median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikken Kogaku Co stock overvalued right now?
Based on GuruFocus' analysis, Nikken Kogaku Co (TSE:9767) is currently considered Fairly Valued. The stock's GF Value™ is 円1,573.15, compared to a current price of 円1,451.00 — trading 7.8% below its estimated fair value. The current PB Ratio is 0.54, which is 32% below median its 10-year median of 0.79 and 59.6% below the Construction industry median of 1.34. Nikken Kogaku Co's overall GF Score™ is 70/100 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 Nikken Kogaku Co (TSE:9767), the current PB Ratio is 0.54 as of Jul. 07, 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 Nikken Kogaku Co (TSE:9767) Overvalued in 2026?

Based on GuruFocus' analysis, Nikken Kogaku Co stock appears to be undervalued. The current stock price of 円1,451.00 is trading 7.8% below its estimated GF Value™ of 円1,573.15. GuruFocus considers Nikken Kogaku Co to be Fairly Valued.

Key valuation signals for TSE:9767:

  • PB Ratio: 0.54 (32% below median its 10-year median of 0.79)
  • GF Value™: 円1,573.15 vs. price of 円1,451.00 (7.8% below fair value)
  • GF Score™: 70/100 with 2 warning signs
  • Industry Position: 59.6% below the Construction median (#299 of 1718)

No single metric tells the full story. See the TSE:9767 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nikken Kogaku Co Business Description

Address 17th Floor, Nittochi Nishishinjuku Building, 6-10-1 Nishishinjuku, Shinjuku-ku, Tokyo, JPN, 160-0023
Nikken Kogaku Co Ltd develops a wide range of products and construction methods such as wave-blocking block, revetment block, natural stone construction method, and other civil engineering products. It primarily serves to the ministry of land, infrastructure, transport and tourism; local governments, construction companies, and construction consultants across Japan.
70GF Score

Get the complete analysis for TSE:9767

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

円1,451.00
Price
円1,573.15
GF Value