Starts Proceed Investment (TSE:8979) Book Value per Share: 円171,697.52 (As of Oct. 2025)

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TSE:8979 Starts Proceed Investment Corp TSE:8979
64 GF Score
Price 円184,800.00
GF Value 円212,113.03
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Starts Proceed Investment Book Value per Share?

Starts Proceed Investment TSE:8979 -3.45% 64 Book Value per Share is 円171,697.52 as of Oct. 2025. GuruFocus rates TSE:8979 with a GF Score™ of 64/100 and a GF Value™ of 円212,113.03 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Starts Proceed Investment's book value per share for the quarter that ended in Oct. 2025 was 円171,697.52.

During the past 12 months, Starts Proceed Investment's average Book Value Per Share Growth Rate was -0.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.10% 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 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Starts Proceed Investment was 10.80% per year. The lowest was -9.70% per year. And the median was 0.20% per year.

Starts Proceed Investment's current price is 円184800.00. Its book value per share for the quarter that ended in Oct. 2025 was 円171,697.52. Hence, today's PB Ratio of Starts Proceed Investment is 1.08.

During the past 13 years, the highest P/B Ratio of Starts Proceed Investment was 1.55. The lowest was 0.80. And the median was 1.15.


Starts Proceed Investment  (TSE:8979) 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.


Starts Proceed Investment Book Value per Share Related Terms


Starts Proceed Investment Book Value per Share Historical Data

* Premium members only.

The historical data trend for Starts Proceed Investment'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.

Starts Proceed Investment Book Value per Share Chart

Starts Proceed Investment Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 170,636.01 171,199.66 173,242.22 173,125.35 171,697.52

Starts Proceed Investment Semi-Annual Data
Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
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 Premium Member Only Premium Member Only 173,242.22 173,569.01 173,125.35 172,736.33 171,697.52

TSE:8979 vs AVB, EQR, ESS: Book Value per Share Comparison

For the REIT - Residential subindustry, Starts Proceed Investment'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.


Starts Proceed Investment PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Starts Proceed Investment's PB Ratio distribution charts can be found below:

* The bar in red indicates where Starts Proceed Investment's PB Ratio falls into.


TSE:8979
64GF Score
Starts Proceed Investment Corp TSE:8979
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Starts Proceed Investment Book Value per Share Calculation

Starts Proceed Investment's Book Value Per Share for the fiscal year that ended in Oct. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(46,702-0)/0
=171,697.52

Starts Proceed Investment's Book Value Per Share for the quarter that ended in Oct. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(46,702-0)/0
=171,697.52

* 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171,697.52 mean?
Starts Proceed Investment (TSE:8979) has a Book Value per Share of 円171,697.52 as of Oct. 2025. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Starts Proceed Investment and its competitors.
Is Starts Proceed Investment's Book Value per Share too high?
Starts Proceed Investment's current Book Value per Share is 円171,697.52. Overall, Starts Proceed Investment has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Starts Proceed Investment's Book Value per Share compare to AVB and EQR?
Starts Proceed Investment's Book Value per Share of 円171,697.52 can be compared against companies in the REITs 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 REITs company?
A good Book Value per Share depends on the REITs 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 Starts Proceed Investment and its competitors. Starts Proceed Investment's current Book Value per Share is 円171,697.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starts Proceed Investment stock overvalued right now?
Based on GuruFocus' analysis, Starts Proceed Investment (TSE:8979) is currently considered Modestly Undervalued. The stock's GF Value™ is 円212,113.03, compared to a current price of 円184,800.00 — trading 12.9% below its estimated fair value. The current Book Value per Share is 円171,697.52. Starts Proceed Investment's overall GF Score™ is 64/100 with 6 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 Starts Proceed Investment (TSE:8979), the current Book Value per Share is 円171,697.52 as of Oct. 2025. 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 Starts Proceed Investment (TSE:8979) Overvalued in 2026?

Based on GuruFocus' analysis, Starts Proceed Investment stock appears to be undervalued. The current stock price of 円184,800.00 is trading 12.9% below its estimated GF Value™ of 円212,113.03. GuruFocus considers Starts Proceed Investment to be Modestly Undervalued.

Key valuation signals for TSE:8979:

  • Book Value per Share: 円171,697.52
  • GF Value™: 円212,113.03 vs. price of 円184,800.00 (12.9% below fair value)
  • GF Score™: 64/100 with 6 warning signs

No single metric tells the full story. See the TSE:8979 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Starts Proceed Investment Business Description

Industry Real EstateREITs
Address 3-1-8 Nihonbashi, Chuo-ku, Tokyo, JPN
Starts Proceed Investment Corp operates as a REIT in Japan. The Company invests in lease real estate properties, short-term leasing apartments, and special feature business hotel.
64GF Score

Get the complete analysis for TSE:8979

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

円184,800.00
Price
円212,113.03
GF Value