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Medical NetTSE:3645 -3.15%61 PB Ratio is 1.14 as of Jul. 21, 2026, which is 39% below its 10-year median of 1.86. GuruFocus rates TSE:3645 with a GF Score™ of 61/100 and a GF Value™ of 円413.81 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 514 Interactive Media companies, Medical Net ranks better than 65.95% on this metric.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-21), Medical Net's share price is 円246.00. Medical Net's Book Value per Share for the quarter that ended in Feb. 2026 was 円215.61. Hence, Medical Net's PB Ratio of today is 1.14.
Good Sign:
Medical Net Inc stock PB Ratio (=1.14) is close to 10-year low of 1.07.
The historical rank and industry rank for Medical Net's PB Ratio or its related term are showing as below:
TSE:3645'
s PB Ratio Range Over the Past 10 Years
Min: 1.07 Med: 1.86 Max: 5.07
Current: 1.14
During the past 13 years, Medical Net's highest PB Ratio was 5.07. The lowest was 1.07. And the median was 1.86.
TSE:3645's PB Ratio is ranked better than 65.95% of 514
companies
in the Interactive Media industry
Industry Median: 1.715
vs TSE:3645: 1.14
During the past 12 months, Medical Net's average Book Value Per Share Growth Rate was 9.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Medical Net was 36.70% per year. The lowest was -3.90% per year. And the median was 6.20% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Medical Net PB Ratio Related Terms
Medical Net PB Ratio Historical Data
* Premium members only.
The historical data trend for Medical Net's PB Ratio 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:3645 vs GOOGL, META, SPOT: PB Ratio Comparison
For the Internet Content & Information subindustry, Medical Net'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.
Medical Net PB Ratio vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Medical Net's PB Ratio distribution charts can be found below:
* The bar in red indicates where Medical Net's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Medical Net's PB Ratio for today is calculated as follows:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Medical Net (TSE:3645) has a PB Ratio of 1.14 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Medical Net and its competitors. This is 39% below median its historical median of 1.86. Over the past decade, Medical Net's PB Ratio has ranged from 1.07 to 5.07. According to the industry distribution chart, Medical Net ranks #175 out of 514 companies in the Interactive Media industry, placing it in the top 34%.
Is Medical Net's PB Ratio too high?
Medical Net's current PB Ratio of 1.14 is 39% below median its 10-year median of 1.86. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 5.07. The Interactive Media industry median PB Ratio is 1.72. Medical Net's value of 1.14 is 33.5% below this industry median. Based on the distribution chart, Medical Net ranks #175 out of 514 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Medical Net has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Medical Net's PB Ratio compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Medical Net ranks #175 out of 514 companies for PB Ratio. This puts Medical Net in the upper half of its industry. The industry median PB Ratio is 1.72. Medical Net's value of 1.14 is 33.5% below this benchmark. Historically, Medical Net's own PB Ratio has ranged from 1.07 to 5.07 over the past decade. While the company's 10-year median is 1.86 vs. the industry median of 1.72, Medical Net has consistently been below 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 PB Ratio for an Interactive Media company?
The median PB Ratio among Interactive Media companies is 1.72, based on 514 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Medical Net's current PB Ratio of 1.14 is 33.5% below 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Medical Net and its competitors. For the Interactive Media industry, the median PB Ratio is 1.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Medical Net's current PB Ratio is 1.14, which is 39% below median its own 10-year median of 1.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medical Net stock overvalued right now?
Based on GuruFocus' analysis, Medical Net (TSE:3645) is currently considered Significantly Undervalued. The stock's GF Value™ is 円413.81, compared to a current price of 円246.00 — trading 40.6% below its estimated fair value. The current PB Ratio is 1.14, which is 39% below median its 10-year median of 1.86 and 33.5% below the Interactive Media industry median of 1.72. Medical Net's overall GF Score™ is 61/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Medical Net (TSE:3645), the current PB Ratio is 1.14 as of Jul. 21, 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 Medical Net (TSE:3645) Overvalued in 2026?
Based on GuruFocus' analysis, Medical Net stock appears to be undervalued.
The current stock price of 円246.00 is trading 40.6% below its estimated GF Value™ of 円413.81.
GuruFocus considers Medical Net to be Significantly Undervalued.
Key valuation signals for TSE:3645:
PB Ratio: 1.14 (39% below median its 10-year median of 1.86)
GF Value™: 円413.81 vs. price of 円246.00 (40.6% below fair value)
Industry Position: 33.5% below the Interactive Media median (#175 of 514)
No single metric tells the full story. See the TSE:3645 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Medical Net Inc operates as a service-based holding company engaged in various healthcare-related businesses. It manages four main reporting segments: Media Platform, Medical Institution Management Support, Medical BtoB, and Cloud Integration. The Media Platform segment runs specialized portal websites focused on dentistry, beauty, and health. The Medical Institution Management Support segment offers SEO and listing advertisement services, website production and maintenance, and sales and operational support to dental clinics. The Medical BtoB segment manages member-based dental industry portals and provides research and marketing services. The Cloud Integration segment develops and maintains POS systems for retailers, manufacturers, and hospitals, primarily in Thailand.
61GF Score
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