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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 (2026-08-23), Asta Co's share price is ₩6070.00. Asta Co's Book Value per Share for the quarter that ended in Jun. 2026 was ₩1,066.58. Hence, Asta Co's PB Ratio of today is 5.69.
Good Sign:
Asta Co Ltd stock PB Ratio (=5.69) is close to 5-year low of 5.47.
The historical rank and industry rank for Asta Co's PB Ratio or its related term are showing as below:
XKRX:246720'
s PB Ratio Range Over the Past 10 Years
Min: 1.94 Med: 8.67 Max: 27.39
Current: 5.69
During the past 12 years, Asta Co's highest PB Ratio was 27.39. The lowest was 1.94. And the median was 8.67.
XKRX:246720's PB Ratio is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 2.14
vs XKRX:246720: 5.69
During the past 12 months, Asta Co's average Book Value Per Share Growth Rate was 176.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -7.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -8.40% per year.
During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Asta Co was 58.60% per year. The lowest was -35.20% per year. And the median was -15.00% 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.
Asta Co PB Ratio Related Terms
Asta Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Asta 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:246720 vs ISRG, BDX, MDLN: PB Ratio Comparison
For the Medical Instruments & Supplies subindustry, Asta 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.
Asta Co PB Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Asta Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Asta 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.
Asta 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.
Asta Co (XKRX:246720) has a PB Ratio of 5.69 as of Aug. 23, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Asta Co and its competitors. This is 34% below median its historical median of 8.67. Over the past decade, Asta Co's PB Ratio has ranged from 1.94 to 27.39.
Is Asta Co's PB Ratio too high?
Asta Co's current PB Ratio of 5.69 is 34% below median its 10-year median of 8.67. Over the past 10 years, this metric has ranged from a low of 1.94 to a high of 27.39. The Medical Devices & Instruments industry median PB Ratio is 2.14. Asta Co's value of 5.69 is 165.9% above this industry median. Overall, Asta Co has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Asta Co's PB Ratio compare to ISRG and BDX?
Asta Co's PB Ratio of 5.69 can be compared against companies in the Medical Devices & Instruments industry. The industry median PB Ratio is 2.14. Asta Co's value of 5.69 is 165.9% above this benchmark. Historically, Asta Co's own PB Ratio has ranged from 1.94 to 27.39 over the past decade. While the company's 10-year median is 8.67 vs. the industry median of 2.14, Asta 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 Medical Devices & Instruments company?
The median PB Ratio among Medical Devices & Instruments companies is 2.14, based on 781 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. Asta Co's current PB Ratio of 5.69 is 165.9% 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 Asta Co and its competitors. For the Medical Devices & Instruments industry, the median PB Ratio is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asta Co's current PB Ratio is 5.69, which is 34% below median its own 10-year median of 8.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asta Co stock overvalued right now?
Asta Co (XKRX:246720) has a current PB Ratio of 5.69. The stock's GF Value™ is ₩4,746.50, compared to a current price of ₩6,070.00 — trading 27.9% above its estimated fair value. The current PB Ratio is 5.69, which is 34% below median its 10-year median of 8.67 and 165.9% above the Medical Devices & Instruments industry median of 2.14. Asta Co's overall GF Score™ is 71/100 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 Asta Co (XKRX:246720), the current PB Ratio is 5.69 as of Aug. 23, 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 Asta Co (XKRX:246720) Overvalued in 2026?
Based on GuruFocus' analysis, Asta Co stock appears to be overvalued.
The current stock price of ₩6,070.00 is trading 27.9% above its estimated GF Value™ of ₩4,746.50.
Key valuation signals for XKRX:246720:
PB Ratio: 5.69 (34% below median its 10-year median of 8.67)
GF Value™: ₩4,746.50 vs. price of ₩6,070.00 (27.9% above fair value)
Industry Position: 165.9% above the Medical Devices & Instruments median
No single metric tells the full story. See the XKRX:246720 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asta Co Ltd is a technology-based company that has been developing, manufacturing, and selling MALDI-TOF-based mass spectrometry instruments and related consumables. Its products are Microbial Identification, Microwave Digestion System, Surface/Organic/Inorganic analysis, Gas analysis, and Others.
71GF Score
Get the complete analysis for XKRX:246720
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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