JapanRatio

674 Japanese companies priced below their own book value

674companies

Listed in Japan and priced below the book value its own balance sheet reports.

Stocks · Non-US shares · Tokyo Stock Exchange (JPX) · Ranked by Price to book in times, lowest first · Rebuilt 2026-11-07 at 10:25 UTC

How this list is built

Price to book is the stored market value over the shareholders' equity on the newest balance sheet the company reported. The screen: companies listed on Tokyo Stock Exchange, graded A or B for the quality of what they report; a median daily traded value of at least 250,000 US dollars over 90 sessions, stated in each listing's own currency, so a company nobody can trade is never on the list; and no positive price to earnings under 1, which no real company earns, and no close sitting the whole of its own 52-week high below that high, which no listing that still trades can do. 1,944 companies passed tonight. Each market is ranked on its own and never added to another. Figures as recomputed on 2026-11-07.

The list

50 of 674 companies
Japanese companies under their own book value, ranked by Price to book, lowest first
#CompanyMarketSectorPrice to book, in timesPrice to book over timeSource
1JPX:6619W-SCOPE CorporationJPXIndustrials0.1x

n/a

Source n/a
2JPX:9501Tokyo Electric Power Company Holdings, IncorporatedJPXUtilities0.2x

n/a

Source n/a
3JPX:7201Nissan Motor Co., Ltd.JPXConsumer Cyclical0.2x

n/a

Source n/a
4JPX:5932Sankyo Tateyama, Inc.JPXBasic Materials0.2x

n/a

Source n/a
5JPX:5410Godo Steel, Ltd.JPXBasic Materials0.2x

n/a

Source n/a
6JPX:5408Nakayama Steel Works, Ltd.JPXBasic Materials0.3x

n/a

Source n/a
7JPX:5852Ahresty CorporationJPXIndustrials0.3x

n/a

Source n/a
8JPX:6464Tsubaki Nakashima Co., Ltd.JPXIndustrials0.3x

n/a

Source n/a
9JPX:3863Nippon Paper Industries Co., Ltd.JPXBasic Materials0.3x

n/a

Source n/a
10JPX:8383The Tottori Bank, Ltd.JPXFinancial Services0.3x

n/a

Source n/a
11JPX:6986Futaba CorporationJPXIndustrials0.3x

n/a

Source n/a
12JPX:4839Wowow Inc.JPXCommunication Services0.3x

n/a

Source n/a
13JPX:8699HS Holdings Co., Ltd.JPXFinancial Services0.3x

n/a

Source n/a
14JPX:6222Shima Seiki Mfg.,Ltd.JPXIndustrials0.3x

n/a

Source n/a
15JPX:6390Kato Works Co.,Ltd.JPXIndustrials0.3x

n/a

Source n/a
16JPX:8537The Taiko Bank,Ltd.JPXFinancial Services0.3x

n/a

Source n/a
17JPX:5440Kyoei Steel Ltd.JPXBasic Materials0.3x

n/a

Source n/a
18JPX:3109Shikibo Ltd.JPXIndustrials0.3x

n/a

Source n/a
19JPX:7414Onoken Co., Ltd.JPXIndustrials0.3x

n/a

Source n/a
20JPX:3903gumi Inc.JPXTechnology0.3x

n/a

Source n/a
21JPX:543AARCHION Corp.JPXConsumer Cyclical0.3x

n/a

Source n/a
22JPX:6844Shindengen Electric Manufacturing Co.,Ltd.JPXTechnology0.4x

n/a

Source n/a
23JPX:8364The Shimizu Bank, Ltd.JPXFinancial Services0.4x

n/a

Source n/a
24JPX:6470Taiho Kogyo Co., Ltd.JPXConsumer Cyclical0.4x

n/a

Source n/a
25JPX:7294Yorozu CorporationJPXConsumer Cyclical0.4x

n/a

Source n/a
26JPX:7261Mazda Motor CorporationJPXConsumer Cyclical0.4x

n/a

Source n/a
27JPX:8281Xebio Holdings Co., Ltd.JPXConsumer Cyclical0.4x

n/a

Source n/a
28JPX:3350Metaplanet Inc.JPXConsumer Cyclical0.4x

n/a

Source n/a
29JPX:4406New Japan Chemical Co., Ltd.JPXBasic Materials0.4x

n/a

Source n/a
30JPX:4548Seikagaku CorporationJPXHealthcare0.4x

n/a

Source n/a
31JPX:6425Universal Entertainment CorporationJPXConsumer Cyclical0.4x

n/a

Source n/a
32JPX:7600Japan Medical Dynamic Marketing, Inc.JPXHealthcare0.4x

n/a

Source n/a
33JPX:5970G-Tekt CorporationJPXConsumer Cyclical0.4x

n/a

Source n/a
34JPX:8881NISSHIN Group HOLDINGS Company, LimitedJPXReal Estate0.4x

n/a

Source n/a
35JPX:5269Nippon Concrete Industries Co., Ltd.JPXBasic Materials0.4x

n/a

Source n/a
36JPX:9405Asahi Broadcasting Group Holdings CorporationJPXCommunication Services0.4x

n/a

Source n/a
37JPX:5949Unipres CorporationJPXConsumer Cyclical0.4x

n/a

Source n/a
38JPX:9130Kyoei Tanker Co., Ltd.JPXIndustrials0.4x

n/a

Source n/a
39JPX:3877Chuetsu Pulp & Paper Co., Ltd.JPXBasic Materials0.4x

n/a

Source n/a
40JPX:8217Okuwa Co., Ltd.JPXConsumer Cyclical0.4x

n/a

Source n/a
41JPX:7915Nissha Co., Ltd.JPXTechnology0.4x

n/a

Source n/a
42JPX:8860Fuji Corporation LimitedJPXReal Estate0.4x

n/a

Source n/a
43JPX:6317Kitagawa CorporationJPXIndustrials0.4x

n/a

Source n/a
44JPX:2168Pasona Group Inc.JPXIndustrials0.4x

n/a

Source n/a
45JPX:4569KYORIN Holdings, Inc.JPXHealthcare0.4x

n/a

Source n/a
46JPX:5851Ryobi LimitedJPXIndustrials0.4x

n/a

Source n/a
47JPX:7181Japan Post Insurance Co., Ltd.JPXFinancial Services0.4x

n/a

Source n/a
48JPX:8562The Fukushima Bank, Ltd.JPXFinancial Services0.4x

n/a

Source n/a
49JPX:9511Okinawa Electric Power Co. Inc.JPXUtilities0.4x

n/a

Source n/a
50JPX:7231Topy Industries, LimitedJPXConsumer Cyclical0.5x

n/a

Source n/a

This is the top of the list. The rest is a page away and no plan is needed for it.

Filed figures cite the filing they come from; figures marked Market data are quotes as of the date shown. Not a recommendation and not advice.

Past figures are not a forecast. Anything we modelled is labelled as ours. You can lose money on any security.