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ASICSASCCF 90 Price-to-Tangible-Book is 11.94 as of Sep. 06, 2026. GuruFocus rates ASCCF with a GF Score™ of 90/100 and a GF Value™ of $30.00 (Modestly Undervalued). Among 991 Manufacturing - Apparel & Accessories companies, ASICS ranks worse than 96.37% on this metric.
As of today (2026-09-06), ASICS's share price is $26.25. ASICS's Tangible Book per Share of Jun. 2026 for the quarter that ended in Jun. 2026 was $2.20. Hence, ASICS's Price to Tangible Book Ratio of today is 11.94.
The historical rank and industry rank for ASICS's Price-to-Tangible-Book or its related term are showing as below:
ASCCF'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.58 Med: 3.55 Max: 17.43
Current: 12.1
During the past 13 years, ASICS's highest Price to Tangible Book Ratio was 17.43. The lowest was 1.58. And the median was 3.55.
ASCCF's Price-to-Tangible-Book is ranked worse than 96.37% of 991
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.19
vs ASCCF: 12.10
A closely related ratio is called PB Ratio. As of today, ASICS's share price is $26.25. ASICS's Book Value per Sharefor the quarter that ended in Jun. 2026 was $3.15. Hence, ASICS's P/B Ratio of today is 8.34.
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
ASICS Price-to-Tangible-Book Related Terms
ASICS Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for ASICS's Price-to-Tangible-Book 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.
ASCCF vs NKE, DECK, ONON: Price-to-Tangible-Book Comparison
For the Footwear & Accessories subindustry, ASICS's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.
ASICS Price-to-Tangible-Book vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, ASICS's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where ASICS's Price-to-Tangible-Book 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
ASICS (ASCCF) has a Price-to-Tangible-Book of 11.94 as of Sep. 06, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on ASICS and its competitors. According to the industry distribution chart, ASICS ranks #955 out of 991 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 96.4%.
Is ASICS's Price-to-Tangible-Book too high?
ASICS's current Price-to-Tangible-Book is 11.94. The Manufacturing - Apparel & Accessories industry median Price-to-Tangible-Book is 1.19. ASICS's value of 11.94 is 903.4% above this industry median. Based on the distribution chart, ASICS ranks #955 out of 991 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, ASICS has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ASICS's Price-to-Tangible-Book compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, ASICS ranks #955 out of 991 companies for Price-to-Tangible-Book. This places ASICS in the lower half of its industry. The industry median Price-to-Tangible-Book is 1.19. ASICS's value of 11.94 is 903.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a Manufacturing - Apparel & Accessories company?
The median Price-to-Tangible-Book among Manufacturing - Apparel & Accessories companies is 1.19, based on 991 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ASICS's current Price-to-Tangible-Book of 11.94 is 903.4% 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on ASICS and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Price-to-Tangible-Book is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASICS's current Price-to-Tangible-Book is 11.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASICS stock overvalued right now?
Based on GuruFocus' analysis, ASICS (ASCCF) is currently considered Modestly Undervalued. The stock's GF Value™ is $30.00, compared to a current price of $26.25 — trading 12.5% below its estimated fair value. The current Price-to-Tangible-Book is 11.94 and 903.4% above the Manufacturing - Apparel & Accessories industry median of 1.19. ASICS's overall GF Score™ is 90/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For ASICS (ASCCF), the current Price-to-Tangible-Book is 11.94 as of Sep. 06, 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 ASICS (ASCCF) Overvalued in 2026?
Based on GuruFocus' analysis, ASICS stock appears to be undervalued.
The current stock price of $26.25 is trading 12.5% below its estimated GF Value™ of $30.00.
GuruFocus considers ASICS to be Modestly Undervalued.
Key valuation signals for ASCCF:
Price-to-Tangible-Book: 11.94
GF Value™: $30.00 vs. price of $26.25 (12.5% below fair value)
Industry Position: 903.4% above the Manufacturing - Apparel & Accessories median (#955 of 991)
No single metric tells the full story. See the ASCCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1949 in Kobe, Japan, Asics is a leading sports footwear brand specializing in performance running shoes. Asics is well-known for its stability running shoe Gel-Kayano, which has been popular among runners for over 30 years thanks to its cushioning technology. It also owns Onitsuka Tiger, which is currently positioned as a premium sportswear lifestyle brand. In 2025, Asics had annual sales of over JPY 810 billion and command over 10% of the global performance running market share.
90GF Score
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