Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Banners CoTSE:3011 72 Pretax Margin % is 3.97% as of Mar. 2026, which is 7% above its 10-year median of 3.72. GuruFocus rates TSE:3011 with a GF Score™ of 72/100 and a GF Value™ of 円163.28 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,322 Vehicles & Parts companies, Banners Co ranks better than 51.36% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Banners Co's Pre-Tax Income for the
six
months ended in Mar. 2026 was 円126 Mil. Banners Co's Revenue for the
six
months ended in Mar. 2026 was 円3,180 Mil. Therefore, Banners Co's pretax margin for the quarter that ended in Mar. 2026 was 3.97%.
The historical rank and industry rank for Banners Co's Pretax Margin % or its related term are showing as below:
TSE:3011'
s Pretax Margin % Range Over the Past 10 Years
Min: -6.42 Med: 3.72 Max: 5.67
Current: 4.63
TSE:3011's Pretax Margin % is ranked better than 51.36% of 1322
companies
in the Vehicles & Parts industry
Industry Median: 4.445
vs TSE:3011: 4.63
Banners Co (TSE:3011) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Banners Co Pretax Margin % Related Terms
Banners Co Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Banners Co's Pretax Margin % 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.
TSE:3011 vs CVNA, PAG, ALTB: Pretax Margin % Comparison
For the Auto & Truck Dealerships subindustry, Banners Co's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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.
Banners Co Pretax Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Banners Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Banners Co's Pretax Margin % falls into.
* 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.
Banners Co (TSE:3011) has a Pretax Margin % of 3.97% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Banners Co and its competitors. This is near median its historical median of 3.72. According to the industry distribution chart, Banners Co ranks #643 out of 1322 companies in the Vehicles & Parts industry, placing it in the top 48.6%.
Is Banners Co's Pretax Margin % too high?
Banners Co's current Pretax Margin % of 3.97% is near median its 10-year median of 3.72. The Vehicles & Parts industry median Pretax Margin % is 4.45. Banners Co's value of 3.97% is 10.7% below this industry median. Based on the distribution chart, Banners Co ranks #643 out of 1322 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Banners Co has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Banners Co's Pretax Margin % compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Banners Co ranks #643 out of 1322 companies for Pretax Margin %. This puts Banners Co in the upper half of its industry. The industry median Pretax Margin % is 4.45. Banners Co's value of 3.97% is 10.7% below this benchmark. While the company's 10-year median is 3.72 vs. the industry median of 4.45, Banners 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 Pretax Margin % for a Vehicles & Parts company?
The median Pretax Margin % among Vehicles & Parts companies is 4.45, based on 1,322 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Banners Co's current Pretax Margin % of 3.97% is 10.7% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Banners Co and its competitors. For the Vehicles & Parts industry, the median Pretax Margin % is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banners Co's current Pretax Margin % is 3.97%, which is near median its own 10-year median of 3.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banners Co stock overvalued right now?
Based on GuruFocus' analysis, Banners Co (TSE:3011) is currently considered Modestly Undervalued. The stock's GF Value™ is 円163.28, compared to a current price of 円146.00 — trading 10.6% below its estimated fair value. The current Pretax Margin % is 3.97%, which is near median its 10-year median of 3.72 and 10.7% below the Vehicles & Parts industry median of 4.45. Banners Co's overall GF Score™ is 72/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Banners Co (TSE:3011), the current Pretax Margin % is 3.97% as of Mar. 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 Banners Co (TSE:3011) Overvalued in 2026?
Based on GuruFocus' analysis, Banners Co stock appears to be undervalued.
The current stock price of 円146.00 is trading 10.6% below its estimated GF Value™ of 円163.28.
GuruFocus considers Banners Co to be Modestly Undervalued.
Key valuation signals for TSE:3011:
Pretax Margin %: 3.97% (near median its 10-year median of 3.72)
GF Value™: 円163.28 vs. price of 円146.00 (10.6% below fair value)
Industry Position: 10.7% below the Vehicles & Parts median (#643 of 1322)
No single metric tells the full story. See the TSE:3011 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Banners Co Ltd is a Japan-based company. The company operates its business activities in three divisions including real estate utilization business, automobile sales business and musical instrument sales business. In the real estate utilization business, the company mainly rent tenants. In the automobile sales business, it sells Honda Vehicles and non-life insurance. In the musical instrument sales business, it imports and sells oboe and bathoons as a specialty store of double reed musical instruments. It also provides maintenance and after-sales services.
72GF Score
Get the complete analysis for TSE:3011
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:3011 has been successfully added to your 
