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Nihon FalcomTSE:3723 +2.66%68 PB Ratio is 2.41 as of Jul. 25, 2026, which is 27% above its 10-year median of 1.90. GuruFocus rates TSE:3723 with a GF Score™ of 68/100 and a GF Value™ of 円1,730.16 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 514 Interactive Media companies, Nihon Falcom ranks worse than 63.23% 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 (2026-07-25), Nihon Falcom's share price is 円2627.00. Nihon Falcom's Book Value per Share for the quarter that ended in Mar. 2026 was 円1,089.76. Hence, Nihon Falcom's PB Ratio of today is 2.41.
Warning Sign:
Nihon Falcom Corp stock PB Ratio (=2.41) is close to 5-year high of 2.59.
The historical rank and industry rank for Nihon Falcom's PB Ratio or its related term are showing as below:
TSE:3723'
s PB Ratio Range Over the Past 10 Years
Min: 1.02 Med: 1.9 Max: 3.14
Current: 2.41
During the past 13 years, Nihon Falcom's highest PB Ratio was 3.14. The lowest was 1.02. And the median was 1.90.
TSE:3723's PB Ratio is ranked worse than 63.23% of 514
companies
in the Interactive Media industry
Industry Median: 1.725
vs TSE:3723: 2.41
During the past 12 months, Nihon Falcom's average Book Value Per Share Growth Rate was 11.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 7.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 9.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 12.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nihon Falcom was 19.10% per year. The lowest was 7.20% per year. And the median was 13.60% 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.
Nihon Falcom PB Ratio Related Terms
Nihon Falcom PB Ratio Historical Data
* Premium members only.
The historical data trend for Nihon Falcom'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.
For the Electronic Gaming & Multimedia subindustry, Nihon Falcom'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.
Nihon Falcom PB Ratio vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Nihon Falcom's PB Ratio distribution charts can be found below:
* The bar in red indicates where Nihon Falcom'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.
Nihon Falcom'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.
Nihon Falcom (TSE:3723) has a PB Ratio of 2.41 as of Jul. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Nihon Falcom and its competitors. This is 27% above median its historical median of 1.90. Over the past decade, Nihon Falcom's PB Ratio has ranged from 1.02 to 3.14. According to the industry distribution chart, Nihon Falcom ranks #325 out of 514 companies in the Interactive Media industry, placing it in the top 63.2%.
Is Nihon Falcom's PB Ratio too high?
Nihon Falcom's current PB Ratio of 2.41 is 27% above median its 10-year median of 1.90. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 3.14. The Interactive Media industry median PB Ratio is 1.73. Nihon Falcom's value of 2.41 is 39.7% above this industry median. Based on the distribution chart, Nihon Falcom ranks #325 out of 514 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Nihon Falcom has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nihon Falcom's PB Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, Nihon Falcom ranks #325 out of 514 companies for PB Ratio. This places Nihon Falcom in the lower half of its industry. The industry median PB Ratio is 1.73. Nihon Falcom's value of 2.41 is 39.7% above this benchmark. Historically, Nihon Falcom's own PB Ratio has ranged from 1.02 to 3.14 over the past decade. While the company's 10-year median is 1.90 vs. the industry median of 1.73, Nihon Falcom 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 PB Ratio for an Interactive Media company?
The median PB Ratio among Interactive Media companies is 1.73, 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. Nihon Falcom's current PB Ratio of 2.41 is 39.7% 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 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 Nihon Falcom and its competitors. For the Interactive Media industry, the median PB Ratio is 1.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nihon Falcom's current PB Ratio is 2.41, which is 27% above median its own 10-year median of 1.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Falcom stock overvalued right now?
Based on GuruFocus' analysis, Nihon Falcom (TSE:3723) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,730.16, compared to a current price of 円2,627.00 — trading 51.8% above its estimated fair value. The current PB Ratio is 2.41, which is 27% above median its 10-year median of 1.90 and 39.7% above the Interactive Media industry median of 1.73. Nihon Falcom's overall GF Score™ is 68/100 with 3 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 Nihon Falcom (TSE:3723), the current PB Ratio is 2.41 as of Jul. 25, 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 Nihon Falcom (TSE:3723) Overvalued in 2026?
Based on GuruFocus' analysis, Nihon Falcom stock appears to be overvalued.
The current stock price of 円2,627.00 is trading 51.8% above its estimated GF Value™ of 円1,730.16.
GuruFocus considers Nihon Falcom to be Significantly Overvalued.
Key valuation signals for TSE:3723:
PB Ratio: 2.41 (27% above median its 10-year median of 1.90)
GF Value™: 円1,730.16 vs. price of 円2,627.00 (51.8% above fair value)
Industry Position: 39.7% above the Interactive Media median (#325 of 514)
No single metric tells the full story. See the TSE:3723 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nihon Falcom Corp is a Japan-based company engages in the development and sale of game software. It produces music titles/video titles; plans game software; sells game software and related products; and provides various licenses. It offers role-playing game software and Japanese version of overseas game software as well as home-use game software, among others.
68GF Score
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