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Baiksan CoXKRX:035150 -0.66%82 PB Ratio is 0.77 as of Sep. 21, 2026, which is 37% below its 10-year median of 1.22. GuruFocus rates XKRX:035150 with a GF Score™ of 82/100 and a GF Value™ of ₩15,571.14 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,010 Manufacturing - Apparel & Accessories companies, Baiksan Co ranks better than 63.07% 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 (2026-09-21), Baiksan Co's share price is ₩10600.00. Baiksan Co's Book Value per Share for the quarter that ended in Jun. 2026 was ₩13,762.11. Hence, Baiksan Co's PB Ratio of today is 0.77.
The historical rank and industry rank for Baiksan Co's PB Ratio or its related term are showing as below:
XKRX:035150'
s PB Ratio Range Over the Past 10 Years
Min: 0.71 Med: 1.22 Max: 2.09
Current: 0.78
During the past 13 years, Baiksan Co's highest PB Ratio was 2.09. The lowest was 0.71. And the median was 1.22.
XKRX:035150's PB Ratio is ranked better than 63.07% of 1010
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.065
vs XKRX:035150: 0.78
During the past 12 months, Baiksan Co's average Book Value Per Share Growth Rate was 11.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 18.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 21.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 10.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Baiksan Co was 24.60% per year. The lowest was -1.00% per year. And the median was 9.70% per year.
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.
Baiksan Co PB Ratio Related Terms
Baiksan Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Baiksan 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.
XKRX:035150 vs NKE, DECK, ONON: PB Ratio Comparison
For the Footwear & Accessories subindustry, Baiksan 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.
Baiksan Co PB Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Baiksan Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Baiksan Co's PB Ratio falls into.
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.
Baiksan Co's PB Ratio for today is calculated as follows:
* 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.
Baiksan Co (XKRX:035150) has a PB Ratio of 0.77 as of Sep. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Baiksan Co and its competitors. This is 37% below median its historical median of 1.22. Over the past decade, Baiksan Co's PB Ratio has ranged from 0.71 to 2.09. According to the industry distribution chart, Baiksan Co ranks #373 out of 1010 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 36.9%.
Is Baiksan Co's PB Ratio too high?
Baiksan Co's current PB Ratio of 0.77 is 37% below median its 10-year median of 1.22. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 2.09. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.07. Baiksan Co's value of 0.77 is 27.7% below this industry median. Based on the distribution chart, Baiksan Co ranks #373 out of 1010 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Baiksan Co has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Baiksan Co's PB Ratio compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Baiksan Co ranks #373 out of 1010 companies for PB Ratio. This puts Baiksan Co in the upper half of its industry. The industry median PB Ratio is 1.07. Baiksan Co's value of 0.77 is 27.7% below this benchmark. Historically, Baiksan Co's own PB Ratio has ranged from 0.71 to 2.09 over the past decade. While the company's 10-year median is 1.22 vs. the industry median of 1.07, Baiksan 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 Manufacturing - Apparel & Accessories company?
The median PB Ratio among Manufacturing - Apparel & Accessories companies is 1.07, based on 1,010 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. Baiksan Co's current PB Ratio of 0.77 is 27.7% 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 Baiksan Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baiksan Co's current PB Ratio is 0.77, which is 37% below median its own 10-year median of 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baiksan Co stock overvalued right now?
Based on GuruFocus' analysis, Baiksan Co (XKRX:035150) is currently considered Significantly Undervalued. The stock's GF Value™ is ₩15,571.14, compared to a current price of ₩10,600.00 — trading 31.9% below its estimated fair value. The current PB Ratio is 0.77, which is 37% below median its 10-year median of 1.22 and 27.7% below the Manufacturing - Apparel & Accessories industry median of 1.07. Baiksan Co's overall GF Score™ is 82/100 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 Baiksan Co (XKRX:035150), the current PB Ratio is 0.77 as of Sep. 21, 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 Baiksan Co (XKRX:035150) Overvalued in 2026?
Based on GuruFocus' analysis, Baiksan Co stock appears to be undervalued.
The current stock price of ₩10,600.00 is trading 31.9% below its estimated GF Value™ of ₩15,571.14.
GuruFocus considers Baiksan Co to be Significantly Undervalued.
Key valuation signals for XKRX:035150:
PB Ratio: 0.77 (37% below median its 10-year median of 1.22)
GF Value™: ₩15,571.14 vs. price of ₩10,600.00 (31.9% below fair value)
Industry Position: 27.7% below the Manufacturing - Apparel & Accessories median (#373 of 1010)
No single metric tells the full story. See the XKRX:035150 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Baiksan Co Ltd is a South Korea-based company engaged in the industry of artificial leather manufacturing, finance, trade, and clothing production and export. Along with subsiidary the company manufactures and sells synthetic leather using polyurethane synthetic resin and non-woven fabric as foaming agents. The main uses of polyurethane synthetic leather are diverse, ranging from shoes, clothing, and bags to balls, sporting goods, electronic product cases, furniture, automobile interior materials, and miscellaneous goods, and the demand continues to increase as the use develops.
82GF Score
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