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Caster CoTSE:9331 +0.14%23 Debt-to-Equity is 0.66 as of Feb. 2026, which is 38% above its 10-year median of 0.48. GuruFocus rates TSE:9331 with a GF Score™ of 23/100 and a GF Value™ of 円1,059.64 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 955 Business Services companies, Caster Co ranks worse than 73.72% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Caster Co's Debt-to-Equity or its related term are showing as below:
TSE:9331'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.48 Max: 1.21
Current: 0.9
During the past 5 years, the highest Debt-to-Equity Ratio of Caster Co was 1.21. The lowest was 0.02. And the median was 0.48.
TSE:9331's Debt-to-Equity is ranked worse than 73.72% of 955
companies
in the Business Services industry
Industry Median: 0.33
vs TSE:9331: 0.90
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Caster Co Debt-to-Equity Related Terms
Caster Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Caster Co's Debt-to-Equity 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:9331 vs KFY, RHI, TNET: Debt-to-Equity Comparison
For the Staffing & Employment Services subindustry, Caster Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.
Caster Co Debt-to-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Caster Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Caster Co's Debt-to-Equity 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.
Caster Co (TSE:9331) has a Debt-to-Equity of 0.66 as of Feb. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Caster Co and its competitors. This is 38% above median its historical median of 0.48. Over the past decade, Caster Co's Debt-to-Equity has ranged from 0.02 to 1.21. According to the industry distribution chart, Caster Co ranks #704 out of 955 companies in the Business Services industry, placing it in the top 73.7%.
Is Caster Co's Debt-to-Equity too high?
Caster Co's current Debt-to-Equity of 0.66 is 38% above median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 1.21. The Business Services industry median Debt-to-Equity is 0.33. Caster Co's value of 0.66 is 100% above this industry median. Based on the distribution chart, Caster Co ranks #704 out of 955 companies in the Business Services industry, which is below the industry midpoint. Overall, Caster Co has a GF Score™ of 23/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Caster Co's Debt-to-Equity compare to KFY and RHI?
According to the Business Services industry distribution chart, Caster Co ranks #704 out of 955 companies for Debt-to-Equity. This places Caster Co in the lower half of its industry. The industry median Debt-to-Equity is 0.33. Caster Co's value of 0.66 is 100% above this benchmark. Historically, Caster Co's own Debt-to-Equity has ranged from 0.02 to 1.21 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 0.33, Caster Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Business Services company?
The median Debt-to-Equity among Business Services companies is 0.33, based on 955 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Caster Co's current Debt-to-Equity of 0.66 is 100% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Caster Co and its competitors. For the Business Services industry, the median Debt-to-Equity is 0.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caster Co's current Debt-to-Equity is 0.66, which is 38% above median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caster Co stock overvalued right now?
Based on GuruFocus' analysis, Caster Co (TSE:9331) is currently considered Possible Value Trap. The stock's GF Value™ is 円1,059.64, compared to a current price of 円721.00 — trading 32% below its estimated fair value. The current Debt-to-Equity is 0.66, which is 38% above median its 10-year median of 0.48 and 100% above the Business Services industry median of 0.33. Caster Co's overall GF Score™ is 23/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Caster Co (TSE:9331), the current Debt-to-Equity is 0.66 as of Feb. 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 Caster Co (TSE:9331) Overvalued in 2026?
Based on GuruFocus' analysis, Caster Co stock appears to be undervalued.
The current stock price of 円721.00 is trading 32% below its estimated GF Value™ of 円1,059.64.
GuruFocus considers Caster Co to be Possible Value Trap.
Key valuation signals for TSE:9331:
Debt-to-Equity: 0.66 (38% above median its 10-year median of 0.48)
GF Value™: 円1,059.64 vs. price of 円721.00 (32% below fair value)
Industry Position: 100% above the Business Services median (#704 of 955)
No single metric tells the full story. See the TSE:9331 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Caster Co Ltd is engaged in business operations and operates two businesses: the BPaaS Business, which utilizes the resources of remote workers to act on behalf of and support companies' back-office operations, and the Other Business, which provides staffing and placement services, develops and provides business efficiency tools for e-commerce companies, and develops and operates products and services using generative AI.
23GF Score
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