Morito Co (TSE:9837) PB Ratio: 1.14 (As of Jul. 14, 2026) — 50% Above Median

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TSE:9837 Morito Co Ltd TSE:9837
88 GF Score
Price 円1,767.00
GF Value 円1,856.90
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Morito Co PB Ratio?

Morito Co TSE:9837 -0.34% 88 PB Ratio is 1.14 as of Jul. 14, 2026, which is 50% above its 10-year median of 0.76. GuruFocus rates TSE:9837 with a GF Score™ of 88/100 and a GF Value™ of 円1,856.90 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,076 Retail - Cyclical companies, Morito Co ranks better than 58.83% 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), Morito Co's share price is 円1767.00. Morito Co's Book Value per Share for the quarter that ended in Nov. 2025 was 円1,556.20. Hence, Morito Co's PB Ratio of today is 1.14.

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

TSE:9837' s PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.76   Max: 1.35
Current: 1.14

During the past 13 years, Morito Co's highest PB Ratio was 1.35. The lowest was 0.48. And the median was 0.76.

TSE:9837's PB Ratio is ranked better than
58.83% of 1076 companies
in the Retail - Cyclical industry
Industry Median: 1.465 vs TSE:9837: 1.14

During the past 12 months, Morito Co's average Book Value Per Share Growth Rate was 4.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Morito Co was 8.00% per year. The lowest was -0.50% per year. And the median was 4.90% per year.

Back to Basics: PB Ratio


Morito Co  (TSE:9837) 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.


Morito Co PB Ratio Related Terms


Morito Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Morito 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.

Morito Co PB Ratio Chart

Morito Co Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.56 0.90 0.98 1.05

Morito Co Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 0.90 0.98 0.98 0.90 1.05

TSE:9837 vs TJX, ROST, BURL: PB Ratio Comparison

For the Apparel Retail subindustry, Morito 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.


Morito Co PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Morito Co's PB Ratio distribution charts can be found below:

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


TSE:9837
88GF Score
Morito Co Ltd TSE:9837
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Morito 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Nov. 2025)
=1767.00/1556.204
=1.14

* 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 1.14 mean?
Morito Co (TSE:9837) has a PB Ratio of 1.14 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 Morito Co and its competitors. This is 50% above median its historical median of 0.76. Over the past decade, Morito Co's PB Ratio has ranged from 0.48 to 1.35. According to the industry distribution chart, Morito Co ranks #443 out of 1076 companies in the Retail - Cyclical industry, placing it in the top 41.2%.
Is Morito Co's PB Ratio too high?
Morito Co's current PB Ratio of 1.14 is 50% above median its 10-year median of 0.76. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 1.35. The Retail - Cyclical industry median PB Ratio is 1.47. Morito Co's value of 1.14 is 22.2% below this industry median. Based on the distribution chart, Morito Co ranks #443 out of 1076 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Morito 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 Morito Co's PB Ratio compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Morito Co ranks #443 out of 1076 companies for PB Ratio. This puts Morito Co in the upper half of its industry. The industry median PB Ratio is 1.47. Morito Co's value of 1.14 is 22.2% below this benchmark. Historically, Morito Co's own PB Ratio has ranged from 0.48 to 1.35 over the past decade. While the company's 10-year median is 0.76 vs. the industry median of 1.47, Morito 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 Retail - Cyclical company?
The median PB Ratio among Retail - Cyclical companies is 1.47, based on 1,076 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. Morito Co's current PB Ratio of 1.14 is 22.2% 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 Morito Co and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morito Co's current PB Ratio is 1.14, which is 50% above median its own 10-year median of 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morito Co stock overvalued right now?
Based on GuruFocus' analysis, Morito Co (TSE:9837) is currently considered Fairly Valued. The stock's GF Value™ is 円1,856.90, compared to a current price of 円1,767.00 — trading 4.8% below its estimated fair value. The current PB Ratio is 1.14, which is 50% above median its 10-year median of 0.76 and 22.2% below the Retail - Cyclical industry median of 1.47. Morito Co'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 Morito Co (TSE:9837), the current PB Ratio is 1.14 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 Morito Co (TSE:9837) Overvalued in 2026?

Based on GuruFocus' analysis, Morito Co stock appears to be undervalued. The current stock price of 円1,767.00 is trading 4.8% below its estimated GF Value™ of 円1,856.90. GuruFocus considers Morito Co to be Fairly Valued.

Key valuation signals for TSE:9837:

  • PB Ratio: 1.14 (50% above median its 10-year median of 0.76)
  • GF Value™: 円1,856.90 vs. price of 円1,767.00 (4.8% below fair value)
  • GF Score™: 88/100 with 1 warning sign
  • Industry Position: 22.2% below the Retail - Cyclical median (#443 of 1076)

No single metric tells the full story. See the TSE:9837 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Morito Co Business Description

Address 1-5-4 Nihonbashi Honcho, Chuo-Ku, Tokyo, JPN, 541-0054
Morito Co Ltd produces and supplies parts such as eyelets, snap fasteners, buckles, tape, and shoe uppers to all sorts of brands. It also designs and produces apparel, bags, and other products. The company supplies a host of products to a wide range of markets, including braces, supports, school supplies, and straps, in addition to footwear-related products such as insoles. It also specializes in supply of parts for automobile, railway, and aircraft interiors.
88GF Score

Get the complete analysis for TSE:9837

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

円1,767.00
Price
円1,856.90
GF Value