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Change Holdings's book value per share for the quarter that ended in Mar. 2026 was 円671.97.
During the past 12 months, Change Holdings's average Book Value Per Share Growth Rate was 13.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 10.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 31.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 63.00% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.
During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Change Holdings was 140.00% per year. The lowest was 10.00% per year. And the median was 69.15% per year.
Change Holdings's current price is 円982.00. Its book value per share for the quarter that ended in Mar. 2026 was 円671.97. Hence, today's PB Ratio of Change Holdings is 1.46.
During the past 11 years, the highest P/B Ratio of Change Holdings was 55.66. The lowest was 1.34. And the median was 4.96.
Good Sign:
Change Holdings Inc stock PB Ratio (=1.42) is close to 10-year low of 1.34.
Change Holdings (TSE:3962) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
Change Holdings Book Value per Share Related Terms
Change Holdings Book Value per Share Historical Data
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The historical data trend for Change Holdings's Book Value per Share 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.
TSE:3962 vs IBM, ACN, FISV: Book Value per Share Comparison
For the Information Technology Services subindustry, Change Holdings's PB Ratio, along with its competitors' market caps and PB Ratio 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.
Change Holdings PB Ratio vs Software Industry
For the Software industry and Technology sector, Change Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where Change Holdings's PB Ratio 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.
Change Holdings (TSE:3962) has a Book Value per Share of 円671.97 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Change Holdings and its competitors.
Is Change Holdings' Book Value per Share too high?
Change Holdings' current Book Value per Share is 円671.97. Overall, Change Holdings has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Change Holdings' Book Value per Share compare to IBM and ACN?
Change Holdings' Book Value per Share of 円671.97 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Software company?
A good Book Value per Share depends on the Software industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Change Holdings and its competitors. Change Holdings's current Book Value per Share is 円671.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Change Holdings stock overvalued right now?
Based on GuruFocus' analysis, Change Holdings (TSE:3962) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,907.93, compared to a current price of 円982.00 — trading 48.5% below its estimated fair value. The current Book Value per Share is 円671.97. Change Holdings' overall GF Score™ is 78/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Change Holdings (TSE:3962), the current Book Value per Share is 円671.97 as of Mar. 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 Change Holdings (TSE:3962) Overvalued in 2026?
Based on GuruFocus' analysis, Change Holdings stock appears to be undervalued.
The current stock price of 円982.00 is trading 48.5% below its estimated GF Value™ of 円1,907.93.
GuruFocus considers Change Holdings to be Significantly Undervalued.
Key valuation signals for TSE:3962:
Book Value per Share: 円671.97
GF Value™: 円1,907.93 vs. price of 円982.00 (48.5% below fair value)
No single metric tells the full story. See the TSE:3962 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Change Holdings Inc provides mobility, IoT (Internet of Things) data, security and IT human resources training services. It segments are: Public Tech and NEW-IT Transformation Business. The Public Tech segment covers local government support projects that aims to realize high value-added resident services by utilizing ICT technology to promote the improvement of local government business productivity. The NEW-IT Transformation Business segment promotes digital transformation through various algorithms such as AI, voice Internet, mobility, IoT, cloud, security, services utilizing basic technology, and training for digital human resources. It also provides digital transformation solutions by combining libraries based on customer needs to realize customer digital transformation.
78GF Score
Get the complete analysis for TSE:3962
Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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