T.O. Holdings Co (TSE:9812) PB Ratio: 6.47 (As of Jul. 14, 2026) — 157% Above Median

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TSE:9812 T.O. Holdings Co Ltd TSE:9812
47 GF Score
Price 円234.00
GF Value 円251.94
Valuation Fairly Valued
! 5 Warning Signs
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What is T.O. Holdings Co PB Ratio?

T.O. Holdings Co TSE:9812 +2.63% 47 PB Ratio is 6.47 as of Jul. 14, 2026, which is 157% above its 10-year median of 2.52. GuruFocus rates TSE:9812 with a GF Score™ of 47/100 and a GF Value™ of 円251.94 (Fairly Valued). The stock has 5 warning signs investors should review. Among 397 Building Materials companies, T.O. Holdings Co ranks worse than 92.95% 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), T.O. Holdings Co's share price is 円234.00. T.O. Holdings Co's Book Value per Share for the quarter that ended in Nov. 2025 was 円36.14. Hence, T.O. Holdings Co's PB Ratio of today is 6.47.

Warning Sign:

T.O. Holdings Co Ltd stock PB Ratio (=6.31) is close to 2-year high of 6.31.

The historical rank and industry rank for T.O. Holdings Co's PB Ratio or its related term are showing as below:

TSE:9812' s PB Ratio Range Over the Past 10 Years
Min: 0.91   Med: 2.52   Max: 20.93
Current: 6.48

During the past 13 years, T.O. Holdings Co's highest PB Ratio was 20.93. The lowest was 0.91. And the median was 2.52.

TSE:9812's PB Ratio is ranked worse than
92.95% of 397 companies
in the Building Materials industry
Industry Median: 1.16 vs TSE:9812: 6.48

During the past 12 months, T.O. Holdings Co's average Book Value Per Share Growth Rate was -9.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -20.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 26.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -23.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of T.O. Holdings Co was 51.60% per year. The lowest was -69.80% per year. And the median was -17.90% per year.

Back to Basics: PB Ratio


T.O. Holdings Co  (TSE:9812) 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.


T.O. Holdings Co PB Ratio Related Terms


T.O. Holdings Co PB Ratio Historical Data

* Premium members only.

The historical data trend for T.O. Holdings 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.

T.O. Holdings Co PB Ratio Chart

T.O. Holdings Co Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.48 2.21 4.37 5.15 5.24

T.O. Holdings Co Quarterly Data
Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 May25 Aug25 Nov25 Feb26
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 3.13 5.24 4.86 4.33 7.64

TSE:9812 vs CRH, VMC, MLM: PB Ratio Comparison

For the Building Materials subindustry, T.O. Holdings 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.


T.O. Holdings Co PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, T.O. Holdings Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where T.O. Holdings Co's PB Ratio falls into.


TSE:9812
47GF Score
T.O. Holdings Co Ltd TSE:9812
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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T.O. Holdings 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.

T.O. Holdings Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Nov. 2025)
=234.00/36.141
=6.47

* 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 6.47 mean?
T.O. Holdings Co (TSE:9812) has a PB Ratio of 6.47 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 T.O. Holdings Co and its competitors. This is 157% above median its historical median of 2.52. Over the past decade, T.O. Holdings Co's PB Ratio has ranged from 0.91 to 20.93. According to the industry distribution chart, T.O. Holdings Co ranks #369 out of 397 companies in the Building Materials industry, placing it in the top 92.9%.
Is T.O. Holdings Co's PB Ratio too high?
T.O. Holdings Co's current PB Ratio of 6.47 is 157% above median its 10-year median of 2.52. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 20.93. The Building Materials industry median PB Ratio is 1.16. T.O. Holdings Co's value of 6.47 is 457.8% above this industry median. Based on the distribution chart, T.O. Holdings Co ranks #369 out of 397 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, T.O. Holdings Co has a GF Score™ of 47/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does T.O. Holdings Co's PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, T.O. Holdings Co ranks #369 out of 397 companies for PB Ratio. This places T.O. Holdings Co in the lower half of its industry. The industry median PB Ratio is 1.16. T.O. Holdings Co's value of 6.47 is 457.8% above this benchmark. Historically, T.O. Holdings Co's own PB Ratio has ranged from 0.91 to 20.93 over the past decade. While the company's 10-year median is 2.52 vs. the industry median of 1.16, T.O. Holdings Co has consistently been above 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 Building Materials company?
The median PB Ratio among Building Materials companies is 1.16, based on 397 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. T.O. Holdings Co's current PB Ratio of 6.47 is 457.8% above 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 T.O. Holdings Co and its competitors. For the Building Materials industry, the median PB Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. T.O. Holdings Co's current PB Ratio is 6.47, which is 157% above median its own 10-year median of 2.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T.O. Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, T.O. Holdings Co (TSE:9812) is currently considered Fairly Valued. The stock's GF Value™ is 円251.94, compared to a current price of 円234.00 — trading 7.1% below its estimated fair value. The current PB Ratio is 6.47, which is 157% above median its 10-year median of 2.52 and 457.8% above the Building Materials industry median of 1.16. T.O. Holdings Co's overall GF Score™ is 47/100 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 T.O. Holdings Co (TSE:9812), the current PB Ratio is 6.47 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 T.O. Holdings Co (TSE:9812) Overvalued in 2026?

Based on GuruFocus' analysis, T.O. Holdings Co stock appears to be undervalued. The current stock price of 円234.00 is trading 7.1% below its estimated GF Value™ of 円251.94. GuruFocus considers T.O. Holdings Co to be Fairly Valued.

Key valuation signals for TSE:9812:

  • PB Ratio: 6.47 (157% above median its 10-year median of 2.52)
  • GF Value™: 円251.94 vs. price of 円234.00 (7.1% below fair value)
  • GF Score™: 47/100 with 5 warning signs
  • Industry Position: 457.8% above the Building Materials median (#369 of 397)

No single metric tells the full story. See the TSE:9812 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


T.O. Holdings Co Business Description

Address 3 - chome 18-15, Hokkaido Minato-cho, Hakodate, JPN, 041-8610
T.O. Holdings Co Ltd is engaged in the sale of timbers, clothing, wood materials, furniture and electrical appliances. Its segments include Lumber, Distribution, Housing, Construction, Real Estate Leasing, Automobile and Services.
47GF Score

Get the complete analysis for TSE:9812

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

円234.00
Price
円251.94
GF Value