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Ono Pharmaceutical Co Ltd
TSE:4528

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Ono Pharmaceutical Co Ltd
TSE:4528
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Price: 2 306 JPY -0.28% Market Closed
Market Cap: ¥1.1T

P/S

2.1
Current
1%
Cheaper
vs 3-y average of 2.1

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
2.1
=
Market Cap
¥1.2T
/
Revenue
¥509.3B

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
2.1
=
Market Cap
¥1.2T
/
Revenue
¥509.3B

Valuation Scenarios

Ono Pharmaceutical Co Ltd is trading below its 3-year average

If P/S returns to its 3-Year Average (2.1), the stock would be worth ¥2 317.83 (1% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-48%
Maximum Upside
+35%
Average Downside
3%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 2.1 ¥2 306
0%
3-Year Average 2.1 ¥2 317.83
+1%
5-Year Average 2.9 ¥3 122.44
+35%
Industry Average 2.1 ¥2 301.2
0%
Country Average 1.1 ¥1 200.69
-48%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
¥1.2T
/
Jan 2026
¥509.3B
=
2.1
Current
¥1.2T
/
Mar 2026
¥510.2B
=
2.4
Forward
¥1.2T
/
Mar 2027
¥473.2B
=
2.6
Forward
¥1.2T
/
Mar 2028
¥459.4B
=
2.7
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
Market Cap P/S P/E
JP
Ono Pharmaceutical Co Ltd
TSE:4528
1.1T JPY 2.1 17.2
US
Eli Lilly and Co
NYSE:LLY
883B USD 13.5 42.8
US
Johnson & Johnson
NYSE:JNJ
553.5B USD 5.7 26.3
CH
Roche Holding AG
SIX:ROG
248.4B CHF 4.2 20.1
UK
AstraZeneca PLC
LSE:AZN
216.3B GBP 4.9 28
US
Merck & Co Inc
NYSE:MRK
270.2B USD 4.2 14.8
CH
Novartis AG
SIX:NOVN
216.3B CHF 5 20.7
IE
Endo International PLC
LSE:0Y5F
244.4B USD 105.4 -83.6
DK
Novo Nordisk A/S
CSE:NOVO B
1.1T DKK 3.9 11.8
US
Pfizer Inc
NYSE:PFE
149.3B USD 2.4 19.5
US
Bristol-Myers Squibb Co
NYSE:BMY
122B USD 2.5 17.3
P/E Multiple
Earnings Growth PEG
JP
Ono Pharmaceutical Co Ltd
TSE:4528
Average P/E: 21.9
17.2
9%
1.9
US
Eli Lilly and Co
NYSE:LLY
42.8
32%
1.3
US
Johnson & Johnson
NYSE:JNJ
26.3
8%
3.3
CH
Roche Holding AG
SIX:ROG
20.1
14%
1.4
UK
AstraZeneca PLC
LSE:AZN
28
25%
1.1
US
Merck & Co Inc
NYSE:MRK
14.8
14%
1.1
CH
Novartis AG
SIX:NOVN
20.7
14%
1.5
IE
E
Endo International PLC
LSE:0Y5F
Negative Multiple: -83.6 N/A N/A
DK
Novo Nordisk A/S
CSE:NOVO B
11.8
0%
N/A
US
Pfizer Inc
NYSE:PFE
19.5
22%
0.9
US
Bristol-Myers Squibb Co
NYSE:BMY
17.3
16%
1.1

Market Distribution

Higher than 74% of companies in Japan
Percentile
74th
Based on 5 249 companies
74th percentile
2.1
Low
0 — 0.7
Typical Range
0.7 — 1.9
High
1.9 —
Distribution Statistics
Japan
Min 0
30th Percentile 0.7
Median 1.1
70th Percentile 1.9
Max 12 107 466

Ono Pharmaceutical Co Ltd
Glance View

Market Cap
1.1T JPY
Industry
Pharmaceuticals

In the bustling city of Osaka, Japan, Ono Pharmaceutical Co., Ltd. stands as a venerable institution with roots tracing back over three centuries. Origination in 1717 as an apothecary, Ono has evolved into a leading biopharmaceutical company renowned for its pioneering work in immunology. They have a rich history of innovation in drug development, marked by the success of their groundbreaking anti-cancer agent, Opdivo. This is a product of their intensive research and development in the field of immune checkpoint inhibitors, a class of drugs that revolutionizes cancer treatment by bolstering the body's natural defenses to combat malignant cells. Ono’s commitment to R&D, underscored by substantial investment, remains its cornerstone, transforming complex scientific concepts into therapeutic products. The essence of Ono Pharmaceutical’s business model rests on its adeptness at translating scientific excellence into commercial success. They operate within two primary segments: pharmaceutical products and clinical testing-related services. The pharmaceutical segment, the larger of the two, is the engine driving revenue through the development and global distribution of prescription drugs, focusing extensively on treatments in the central nervous system, cancer, and infectious diseases. Ono leverages strategic alliances with global pharmaceutical giants, facilitating broader distribution networks and shared research endeavors, thus amplifying their market presence and financial returns. Their strategy encapsulates a cycle of discovery, development, and commercialization, continually striving to deliver innovative medicinal solutions that enhance the quality of life worldwide.

Intrinsic Value
2 111.97 JPY
Overvaluation 8%
Intrinsic Value
Price ¥2 306
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