Neural Group (TSE:4056) PB Ratio: 2.17 (As of Jul. 22, 2026) — 92% Below Median

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:4056 Neural Group Inc TSE:4056
58 GF Score
Price 円212.00
GF Value 円982.74
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Neural Group PB Ratio?

Neural Group TSE:4056 -2.30% 58 PB Ratio is 2.17 as of Jul. 22, 2026, which is 92% below its 10-year median of 26.87. GuruFocus rates TSE:4056 with a GF Score™ of 58/100 and a GF Value™ of 円982.74 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,635 Software companies, Neural Group ranks better than 53.28% 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 (2026-07-22), Neural Group's share price is 円212.00. Neural Group's Book Value per Share for the quarter that ended in Dec. 2025 was 円97.60. Hence, Neural Group's PB Ratio of today is 2.17.

The historical rank and industry rank for Neural Group's PB Ratio or its related term are showing as below:

TSE:4056' s PB Ratio Range Over the Past 10 Years
Min: 1.89   Med: 26.87   Max: 91.42
Current: 2.17

During the past 8 years, Neural Group's highest PB Ratio was 91.42. The lowest was 1.89. And the median was 26.87.

TSE:4056's PB Ratio is ranked better than
53.28% of 2635 companies
in the Software industry
Industry Median: 2.37 vs TSE:4056: 2.17

During the past 12 months, Neural Group's average Book Value Per Share Growth Rate was 171.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 53.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -3.70% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Neural Group was 100.50% per year. The lowest was -29.00% per year. And the median was -13.00% per year.

Back to Basics: PB Ratio


Neural Group  (TSE:4056) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Neural Group PB Ratio Related Terms


Neural Group PB Ratio Historical Data

* Premium members only.

The historical data trend for Neural Group'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.

Neural Group PB Ratio Chart

Neural Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 16.03 32.05 35.98 19.38 3.58

Neural Group Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio 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 20.36 20.59 6.59 3.58 3.29

TSE:4056 vs IBM, ACN, FISV: PB Ratio Comparison

For the Information Technology Services subindustry, Neural Group'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.


Neural Group PB Ratio vs Software Industry

For the Software industry and Technology sector, Neural Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Neural Group's PB Ratio falls into.


TSE:4056
58GF Score
Neural Group Inc TSE:4056
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Neural Group PB Ratio Calculation

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.

Neural Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=212.00/97.598
=2.17

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 2.17 mean?
Neural Group (TSE:4056) has a PB Ratio of 2.17 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Neural Group and its competitors. This is 92% below median its historical median of 26.87. Over the past decade, Neural Group's PB Ratio has ranged from 1.89 to 91.42. According to the industry distribution chart, Neural Group ranks #1231 out of 2635 companies in the Software industry, placing it in the top 46.7%.
Is Neural Group's PB Ratio too high?
Neural Group's current PB Ratio of 2.17 is 92% below median its 10-year median of 26.87. Over the past 10 years, this metric has ranged from a low of 1.89 to a high of 91.42. The Software industry median PB Ratio is 2.37. Neural Group's value of 2.17 is 8.4% below this industry median. Based on the distribution chart, Neural Group ranks #1231 out of 2635 companies in the Software industry, which is above the industry midpoint. Overall, Neural Group has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Neural Group's PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Neural Group ranks #1231 out of 2635 companies for PB Ratio. This puts Neural Group in the upper half of its industry. The industry median PB Ratio is 2.37. Neural Group's value of 2.17 is 8.4% below this benchmark. Historically, Neural Group's own PB Ratio has ranged from 1.89 to 91.42 over the past decade. While the company's 10-year median is 26.87 vs. the industry median of 2.37, Neural Group 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 a Software company?
The median PB Ratio among Software companies is 2.37, based on 2,635 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. Neural Group's current PB Ratio of 2.17 is 8.4% 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 Neural Group and its competitors. For the Software industry, the median PB Ratio is 2.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neural Group's current PB Ratio is 2.17, which is 92% below median its own 10-year median of 26.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neural Group stock overvalued right now?
Based on GuruFocus' analysis, Neural Group (TSE:4056) is currently considered Possible Value Trap. The stock's GF Value™ is 円982.74, compared to a current price of 円212.00 — trading 78.4% below its estimated fair value. The current PB Ratio is 2.17, which is 92% below median its 10-year median of 26.87 and 8.4% below the Software industry median of 2.37. Neural Group's overall GF Score™ is 58/100 with 4 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 Neural Group (TSE:4056), the current PB Ratio is 2.17 as of Jul. 22, 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 Neural Group (TSE:4056) Overvalued in 2026?

Based on GuruFocus' analysis, Neural Group stock appears to be undervalued. The current stock price of 円212.00 is trading 78.4% below its estimated GF Value™ of 円982.74. GuruFocus considers Neural Group to be Possible Value Trap.

Key valuation signals for TSE:4056:

  • PB Ratio: 2.17 (92% below median its 10-year median of 26.87)
  • GF Value™: 円982.74 vs. price of 円212.00 (78.4% below fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 8.4% below the Software median (#1231 of 2635)

No single metric tells the full story. See the TSE:4056 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Neural Group Business Description

Address 1-1-2, Yurakucho, Hibiya Mitsui Tower 32F, Tokyo Midtown Hibiya, Tokyo, Chiyoda-ku, JPN, 100-0006
Neural Group Inc offers solutions using image and video analysis technology based on proprietary AI algorithms and edge computing technology. The company develops and owns various AI technologies such as object detection in images and videos, classification, spatial recognition, human body/movement analysis, and facial expression/browsing analysis.
58GF Score

Get the complete analysis for TSE:4056

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

円212.00
Price
円982.74
GF Value