Note (TSE:5243) Book Value per Share: 円398.77 (As of May. 2026)

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TSE:5243 Note Inc TSE:5243
62 GF Score
Price 円2,039.00
GF Value 円887.05
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Note Book Value per Share?

Note TSE:5243 -1.26% 62 Book Value per Share is 円398.77 as of May. 2026. GuruFocus rates TSE:5243 with a GF Score™ of 62/100 and a GF Value™ of 円887.05 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Note's book value per share for the quarter that ended in May. 2026 was 円398.77.

During the past 12 months, Note's average Book Value Per Share Growth Rate was 172.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 24.40% 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 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Note was 42.40% per year. The lowest was 11.90% per year. And the median was 14.60% per year.

Note's current price is 円2039.00. Its book value per share for the quarter that ended in May. 2026 was 円398.77. Hence, today's PB Ratio of Note is 5.11.

During the past 6 years, the highest P/B Ratio of Note was 17.98. The lowest was 3.39. And the median was 5.59.


Note  (TSE:5243) 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.


Note Book Value per Share Related Terms


Note Book Value per Share Historical Data

* Premium members only.

The historical data trend for Note'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.

Note Book Value per Share Chart

Note Annual Data
Trend Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Book Value per Share
Get a 7-Day Free Trial 38.72 122.59 102.52 111.90 171.87

Note Quarterly Data
Nov20 Nov21 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Book Value per Share 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 146.12 168.45 171.87 283.49 398.77

TSE:5243 vs QH, SHOP, UBER: Book Value per Share Comparison

For the Software - Application subindustry, Note'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.


Note PB Ratio vs Software Industry

For the Software industry and Technology sector, Note's PB Ratio distribution charts can be found below:

* The bar in red indicates where Note's PB Ratio falls into.


TSE:5243
62GF Score
Note Inc TSE:5243
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Note Book Value per Share Calculation

Note's Book Value Per Share for the fiscal year that ended in Nov. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(2,879-0)/17
=171.87

Note's Book Value Per Share for the quarter that ended in May. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(7,724-0)/19
=398.77

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of 円398.77 mean?
Note (TSE:5243) has a Book Value per Share of 円398.77 as of May. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Note and its competitors.
Is Note's Book Value per Share too high?
Note's current Book Value per Share is 円398.77. Overall, Note has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Note's Book Value per Share compare to QH and SHOP?
Note's Book Value per Share of 円398.77 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 Note and its competitors. Note's current Book Value per Share is 円398.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Note stock overvalued right now?
Based on GuruFocus' analysis, Note (TSE:5243) is currently considered Significantly Overvalued. The stock's GF Value™ is 円887.05, compared to a current price of 円2,039.00 — trading 129.9% above its estimated fair value. The current Book Value per Share is 円398.77. Note's overall GF Score™ is 62/100 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 Note (TSE:5243), the current Book Value per Share is 円398.77 as of May. 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 Note (TSE:5243) Overvalued in 2026?

Based on GuruFocus' analysis, Note stock appears to be overvalued. The current stock price of 円2,039.00 is trading 129.9% above its estimated GF Value™ of 円887.05. GuruFocus considers Note to be Significantly Overvalued.

Key valuation signals for TSE:5243:

  • Book Value per Share: 円398.77
  • GF Value™: 円887.05 vs. price of 円2,039.00 (129.9% above fair value)
  • GF Score™: 62/100 with 5 warning signs

No single metric tells the full story. See the TSE:5243 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Note Business Description

Address 3-1-2 Kitaaoyama, Minato-ku, Tokyo, JPN, 107-0061
Website https://note.jp
Note Inc is engaged in the operation of C2C content platform.
62GF Score

Get the complete analysis for TSE:5243

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

円2,039.00
Price
円887.05
GF Value