ORIX (IX) Price-to-Tangible-Book: 1.49 (As of Sep. 06, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
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.

IX ORIX Corp IX
73 GF Score
Price $39.94
GF Value $28.09
Valuation Significantly Overvalued
! 6 Warning Signs
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What is ORIX Price-to-Tangible-Book?

ORIX IX -3.03% 73 Price-to-Tangible-Book is 1.49 as of Sep. 06, 2026. GuruFocus rates IX with a GF Score™ of 73/100 and a GF Value™ of $28.09 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 431 Diversified Financial Services companies, ORIX ranks worse than 63.81% on this metric.

As of today (2026-09-06), ORIX's share price is $39.94. ORIX's Tangible Book per Share of Jun. 2026 for the quarter that ended in Jun. 2026 was $26.83. Hence, ORIX's Price to Tangible Book Ratio of today is 1.49.

The historical rank and industry rank for ORIX's Price-to-Tangible-Book or its related term are showing as below:

IX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.54   Med: 0.84   Max: 1.45
Current: 1.45

During the past 13 years, ORIX's highest Price to Tangible Book Ratio was 1.45. The lowest was 0.54. And the median was 0.84.

IX's Price-to-Tangible-Book is ranked worse than
63.81% of 431 companies
in the Diversified Financial Services industry
Industry Median: 1.39 vs IX: 1.45

A closely related ratio is called PB Ratio. As of today, ORIX's share price is $39.94. ORIX's Book Value per Sharefor the quarter that ended in Jun. 2026 was $26.83. Hence, ORIX's P/B Ratio of today is 1.49.


Be Aware

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.


ORIX Price-to-Tangible-Book Related Terms


ORIX Price-to-Tangible-Book Historical Data

* Premium members only.

The historical data trend for ORIX'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.

ORIX Price-to-Tangible-Book Chart

ORIX Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 0.72 0.96 0.87 1.17

ORIX Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Price-to-Tangible-Book 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 0.89 0.97 1.10 1.17 1.42

IX vs FRHC, VOYA: Price-to-Tangible-Book Comparison

For the Financial Conglomerates subindustry, ORIX'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.


ORIX Price-to-Tangible-Book vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, ORIX's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where ORIX's Price-to-Tangible-Book falls into.


IX
73GF Score
ORIX Corp IX
Price-to-Tangible-Book is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ORIX Price-to-Tangible-Book Calculation

ORIX's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2026 )
=39.94/26.825
=1.49

* 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.

Frequently Asked Questions Learn more about Price-to-Tangible-Book →
What does a Price-to-Tangible-Book of 1.49 mean?
ORIX (IX) has a Price-to-Tangible-Book of 1.49 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 ORIX and its competitors. According to the industry distribution chart, ORIX ranks #275 out of 431 companies in the Diversified Financial Services industry, placing it in the top 63.8%.
Is ORIX's Price-to-Tangible-Book too high?
ORIX's current Price-to-Tangible-Book is 1.49. The Diversified Financial Services industry median Price-to-Tangible-Book is 1.39. ORIX's value of 1.49 is 7.2% above this industry median. Based on the distribution chart, ORIX ranks #275 out of 431 companies in the Diversified Financial Services industry, which is below the industry midpoint. Overall, ORIX has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ORIX's Price-to-Tangible-Book compare to FRHC and VOYA?
According to the Diversified Financial Services industry distribution chart, ORIX ranks #275 out of 431 companies for Price-to-Tangible-Book. This places ORIX in the lower half of its industry. The industry median Price-to-Tangible-Book is 1.39. ORIX's value of 1.49 is 7.2% 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 Diversified Financial Services company?
The median Price-to-Tangible-Book among Diversified Financial Services companies is 1.39, based on 431 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. ORIX's current Price-to-Tangible-Book of 1.49 is 7.2% 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 ORIX and its competitors. For the Diversified Financial Services industry, the median Price-to-Tangible-Book is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ORIX's current Price-to-Tangible-Book is 1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ORIX stock overvalued right now?
Based on GuruFocus' analysis, ORIX (IX) is currently considered Significantly Overvalued. The stock's GF Value™ is $28.09, compared to a current price of $39.94 — trading 42.2% above its estimated fair value. The current Price-to-Tangible-Book is 1.49 and 7.2% above the Diversified Financial Services industry median of 1.39. ORIX's overall GF Score™ is 73/100 with 6 warning signs to review. 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 ORIX (IX), the current Price-to-Tangible-Book is 1.49 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 ORIX (IX) Overvalued in 2026?

Based on GuruFocus' analysis, ORIX stock appears to be overvalued. The current stock price of $39.94 is trading 42.2% above its estimated GF Value™ of $28.09. GuruFocus considers ORIX to be Significantly Overvalued.

Key valuation signals for IX:

  • Price-to-Tangible-Book: 1.49
  • GF Value™: $28.09 vs. price of $39.94 (42.2% above fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 7.2% above the Diversified Financial Services median (#275 of 431)

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


ORIX Business Description

Address 2-4-1 Hamamatsu-cho, World Trade Center Building, South Tower, Minato-ku, Tokyo, JPN, 105-5135
ORIX Corp is a diversified financial services company with operations in Corporate Financial Services, Maintenance Leasing, Real Estate, PE Investment and Concession, Environment and Energy, Insurance, Banking and Credit, Aircraft and Ships, ORIX USA, ORIX Europe, Asia, and Australia and engages in various other fee businesses by providing products and services aligned with customer needs to its core customer base of domestic small and medium-sized enterprises. Orix's numerous divisions finance leases of large-ticket items like ships, airplanes, and technology equipment. The company generates the majority of its revenue from Corporate Financial Services and Maintenance Leasing operations and Real Estate operations.
73GF Score

Get the complete analysis for IX

Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$39.94
Price
$28.09
GF Value