Bplats (TSE:4381) PB Ratio: (As of Jul. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:4381 Bplats Inc TSE:4381
40 GF Score
Price 円514.00
GF Value 円561.08
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Bplats PB Ratio?

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 (2026-07-20), Bplats's share price is 円514.00. Bplats's Book Value per Share for the quarter that ended in Mar. 2026 was 円-154.13. Hence, Bplats's PB Ratio of today is .

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

During the past 11 years, Bplats's highest PB Ratio was 65.13. The lowest was 1.99. And the median was 7.31.

TSE:4381's PB Ratio is not ranked *
in the Software industry.
Industry Median: 2.36
* Ranked among companies with meaningful PB Ratio only.

During the past 12 months, Bplats's average Book Value Per Share Growth Rate was -233.60% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Bplats was 56.40% per year. The lowest was -14.30% per year. And the median was 16.50% per year.

Back to Basics: PB Ratio


Bplats  (TSE:4381) 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.


Bplats PB Ratio Related Terms


Bplats PB Ratio Historical Data

* Premium members only.

The historical data trend for Bplats'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.

Bplats PB Ratio Chart

Bplats Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.84 5.47 4.24 4.10 0.00

Bplats Semi-Annual Data
Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 4.24 5.16 4.10 7.18 0.00

TSE:4381 vs UBER, SHOP, CRM: PB Ratio Comparison

For the Software - Application subindustry, Bplats'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.


Bplats PB Ratio vs Software Industry

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

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


TSE:4381
40GF Score
Bplats Inc TSE:4381
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bplats 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.

Bplats's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=514.00/-154.13
=

* 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.

Is Bplats (TSE:4381) Overvalued in 2026?

Based on GuruFocus' analysis, Bplats stock appears to be undervalued. The current stock price of 円514.00 is trading 8.4% below its estimated GF Value™ of 円561.08. GuruFocus considers Bplats to be Fairly Valued.

Key valuation signals for TSE:4381:

  • PB Ratio:
  • GF Value™: 円561.08 vs. price of 円514.00 (8.4% below fair value)
  • GF Score™: 40/100 with 7 warning signs

No single metric tells the full story. See the TSE:4381 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bplats Business Description

Address 3 Kanda Neribeicho, 15th Floor, Fujisoft Akihabara Building, Chiyoda-ku, Tokyo, JPN, 101?0022
Bplats Inc is a software application developer. The company is engaged in providing a sales and management platform for subscription services. The product of the firm includes Bplats, which is a sales management solution that enables contract management and billing management, such as monthly billing and annual billing, including subscription fees.
40GF Score

Get the complete analysis for TSE:4381

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

円514.00
Price
円561.08
GF Value