Asics Corp
TSE:7936

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Asics Corp
TSE:7936
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Price: 4 414 JPY -1.43% Market Closed
Market Cap: ¥3.2T

P/B

11.5
Current
33%
More Expensive
vs 3-y average of 8.6

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
11.5
=
Market Cap
¥3T
/
Total Equity
¥271.8B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
11.5
=
Market Cap
¥3T
/
Total Equity
¥271.8B

Valuation Scenarios

Asics Corp is trading above its 3-year average

If P/B returns to its 3-Year Average (8.6), the stock would be worth ¥3 312.05 (25% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-90%
Maximum Upside
No Upside Scenarios
Average Downside
67%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 11.5 ¥4 414
0%
3-Year Average 8.6 ¥3 312.05
-25%
5-Year Average 3.9 ¥1 507.73
-66%
Industry Average 1.1 ¥427.43
-90%
Country Average 1.4 ¥541.95
-88%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
JP
Asics Corp
TSE:7936
3.1T JPY 11.5 31.7
US
Nike Inc
NYSE:NKE
66.1B USD 4.7 29.4
US
Deckers Outdoor Corp
NYSE:DECK
15.4B USD 5.9 14.9
CH
On Holding AG
NYSE:ONON
12B USD 5.8 46.2
US
Skechers USA Inc
NYSE:SKX
9.5B USD 2 14.3
UK
Birkenstock Holding PLC
NYSE:BIRK
7.2B USD 2.2 16.2
CN
Huali Industrial Group Co Ltd
SZSE:300979
48.6B CNY 3 15.2
US
Crocs Inc
NASDAQ:CROX
5.1B USD 4 -63.3
DE
Puma SE
XETRA:PUM
3.7B EUR 2.1 -5.7
HK
Yue Yuen Industrial (Holdings) Ltd
HKEX:551
23.7B HKD 0.7 8.1
US
Steven Madden Ltd
NASDAQ:SHOO
2.8B USD 3.2 62.8
P/E Multiple
Earnings Growth PEG
JP
Asics Corp
TSE:7936
Average P/E: 26.5
31.7
17%
1.9
US
Nike Inc
NYSE:NKE
29.4
3%
9.8
US
Deckers Outdoor Corp
NYSE:DECK
14.9
7%
2.1
CH
On Holding AG
NYSE:ONON
46.2
49%
0.9
US
Skechers USA Inc
NYSE:SKX
14.3
1%
14.3
UK
Birkenstock Holding PLC
NYSE:BIRK
16.2
16%
1
CN
Huali Industrial Group Co Ltd
SZSE:300979
15.2
N/A N/A
US
Crocs Inc
NASDAQ:CROX
Negative Multiple: -63.3 N/A N/A
DE
Puma SE
XETRA:PUM
Negative Multiple: -5.7 N/A N/A
HK
Yue Yuen Industrial (Holdings) Ltd
HKEX:551
8.1
3%
2.7
US
Steven Madden Ltd
NASDAQ:SHOO
62.8
81%
0.8

Market Distribution

Higher than 97% of companies in Japan
Percentile
97th
Based on 5 195 companies
97th percentile
11.5
Low
0 — 1.1
Typical Range
1.1 — 2.1
High
2.1 —
Distribution Statistics
Japan
Min 0
30th Percentile 1.1
Median 1.4
70th Percentile 2.1
Max 31 732 017.6

Asics Corp
Glance View

In the bustling city of Kobe, Japan, Asics Corporation found its humble beginnings shortly after World War II, birthed from the vision of Kihachiro Onitsuka, whose ambition was to inspire youth through athletics. Initially starting with basketball shoes, Asics has since evolved into a global powerhouse in the sportswear industry, distinguished by its commitment to innovation and technology-infused products. The company stands by its motto, "Anima Sana In Corpore Sano," meaning "a sound mind in a sound body," which reflects its dedication to creating products that not only enhance athletic performance but also promote overall well-being. Asics operates through a diverse network of subsidiaries and retailers, extending its footprint across continents and resonating with athletes and fitness enthusiasts alike. While its core revenue is driven by premium running shoes—lauded for their advanced cushioning systems and biomechanical designs—Asics has astutely diversified its portfolio. Beyond footwear, the company generates income from a range of apparel and accessories, designed using the latest technologies for optimal comfort and performance. Moreover, Asics is increasingly exploring digital innovations to retain its competitive edge, emphasizing customized experiences and sustainability initiatives to resonate with a modern, eco-conscious consumer base. Through these multifaceted strategies, Asics not only secures its position as a market leader but also embodies a meaningful legacy of promoting a healthy and active lifestyle globally.

Intrinsic Value
4 214.91 JPY
Overvaluation 5%
Intrinsic Value
Price ¥4 414
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