Project Holdings (TSE:9246) Book Value per Share: 円424.75 (As of Dec. 2025)

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TSE:9246 Project Holdings Inc TSE:9246
78 GF Score
Price 円1,106.00
GF Value 円1,804.04
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Project Holdings Book Value per Share?

Project Holdings TSE:9246 +1.65% 78 Book Value per Share is 円424.75 as of Dec. 2025. GuruFocus rates TSE:9246 with a GF Score™ of 78/100 and a GF Value™ of 円1,804.04 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Project Holdings's book value per share for the quarter that ended in Dec. 2025 was 円424.75.

During the past 12 months, Project Holdings's average Book Value Per Share Growth Rate was 2.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -4.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 26.20% 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 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Project Holdings was 134.70% per year. The lowest was -4.60% per year. And the median was 40.20% per year.

Project Holdings's current price is 円1106.00. Its book value per share for the quarter that ended in Dec. 2025 was 円424.75. Hence, today's PB Ratio of Project Holdings is 2.60.

During the past 7 years, the highest P/B Ratio of Project Holdings was 21.25. The lowest was 1.89. And the median was 3.38.

Good Sign:

Project Holdings Inc stock PB Ratio (=2.54) is close to 1-year low of 2.34.


Project Holdings  (TSE:9246) 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.


Project Holdings Book Value per Share Related Terms


Project Holdings Book Value per Share Historical Data

* Premium members only.

The historical data trend for Project 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.

Project Holdings Book Value per Share Chart

Project Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial 370.45 489.07 490.40 413.70 424.75

Project Holdings Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 402.98 402.16 410.15 424.75 434.88

TSE:9246 vs VRSK, EFX, BAH: Book Value per Share Comparison

For the Consulting Services subindustry, Project 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.


Project Holdings PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Project Holdings's PB Ratio distribution charts can be found below:

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


TSE:9246
78GF Score
Project Holdings Inc TSE:9246
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Project Holdings Book Value per Share Calculation

Project Holdings's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(2,260-0)/5
=424.75

Project Holdings's Book Value Per Share for the quarter that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(2,260-0)/5
=424.75

* 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424.75 mean?
Project Holdings (TSE:9246) has a Book Value per Share of 円424.75 as of Dec. 2025. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Project Holdings and its competitors.
Is Project Holdings' Book Value per Share too high?
Project Holdings' current Book Value per Share is 円424.75. Overall, Project 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 Project Holdings' Book Value per Share compare to VRSK and EFX?
Project Holdings' Book Value per Share of 円424.75 can be compared against companies in the Business Services 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 Business Services company?
A good Book Value per Share depends on the Business Services 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 Project Holdings and its competitors. Project Holdings's current Book Value per Share is 円424.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Project Holdings stock overvalued right now?
Based on GuruFocus' analysis, Project Holdings (TSE:9246) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,804.04, compared to a current price of 円1,106.00 — trading 38.7% below its estimated fair value. The current Book Value per Share is 円424.75. Project Holdings' overall GF Score™ is 78/100 with 3 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 Project Holdings (TSE:9246), the current Book Value per Share is 円424.75 as of Dec. 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 Project Holdings (TSE:9246) Overvalued in 2026?

Based on GuruFocus' analysis, Project Holdings stock appears to be undervalued. The current stock price of 円1,106.00 is trading 38.7% below its estimated GF Value™ of 円1,804.04. GuruFocus considers Project Holdings to be Significantly Undervalued.

Key valuation signals for TSE:9246:

  • Book Value per Share: 円424.75
  • GF Value™: 円1,804.04 vs. price of 円1,106.00 (38.7% below fair value)
  • GF Score™: 78/100 with 3 warning signs

No single metric tells the full story. See the TSE:9246 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Project Holdings Business Description

Address 1-3-1 Azabudai, 24th Floor, Azabudai Hills Mori JP Tower, Minato-ku, Tokyo, JPN, 106-0041
Project Holdings Inc is engaged in providing consulting services for new business development and the reform of existing businesses through the use of digital technologies. The company plans digital marketing strategies and improves the UI/UX of smartphone applications. Its services include business solutions, marketing solutions, and UI/UX solutions.
78GF Score

Get the complete analysis for TSE:9246

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

円1,106.00
Price
円1,804.04
GF Value