WILL GROUP (TSE:6089) PB Ratio: 1.24 (As of Jul. 19, 2026) — 55% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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:6089 WILL GROUP Inc TSE:6089
62 GF Score
Price 円1,094.00
GF Value 円1,077.88
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is WILL GROUP PB Ratio?

WILL GROUP TSE:6089 +0.74% 62 PB Ratio is 1.24 as of Jul. 19, 2026, which is 55% below its 10-year median of 2.74. GuruFocus rates TSE:6089 with a GF Score™ of 62/100 and a GF Value™ of 円1,077.88 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,046 Business Services companies, WILL GROUP ranks better than 62.81% 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 (2026-07-19), WILL GROUP's share price is 円1094.00. WILL GROUP's Book Value per Share for the quarter that ended in Mar. 2026 was 円883.34. Hence, WILL GROUP's PB Ratio of today is 1.24.

Good Sign:

WILL GROUP Inc stock PB Ratio (=1.24) is close to 10-year low of 1.15.

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

TSE:6089' s PB Ratio Range Over the Past 10 Years
Min: 1.15   Med: 2.74   Max: 11.67
Current: 1.24

During the past 13 years, WILL GROUP's highest PB Ratio was 11.67. The lowest was 1.15. And the median was 2.74.

TSE:6089's PB Ratio is ranked better than
62.81% of 1046 companies
in the Business Services industry
Industry Median: 1.66 vs TSE:6089: 1.24

During the past 12 months, WILL GROUP's average Book Value Per Share Growth Rate was 16.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 17.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 19.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of WILL GROUP was 40.90% per year. The lowest was -0.40% per year. And the median was 14.60% per year.

Back to Basics: PB Ratio


WILL GROUP  (TSE:6089) 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.


WILL GROUP PB Ratio Related Terms


WILL GROUP PB Ratio Historical Data

* Premium members only.

The historical data trend for WILL 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.

WILL GROUP PB Ratio Chart

WILL GROUP 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 2.53 1.67 1.40 1.25 1.32

WILL GROUP Semi-Annual Data
Sep16 Mar17 Sep17 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 Premium Member Only 1.40 1.33 1.25 1.30 1.32

TSE:6089 vs KFY, RHI, TNET: PB Ratio Comparison

For the Staffing & Employment Services subindustry, WILL 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.


WILL GROUP PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, WILL GROUP's PB Ratio distribution charts can be found below:

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


TSE:6089
62GF Score
WILL GROUP Inc TSE:6089
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WILL 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.

WILL GROUP's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=1094.00/883.341
=1.24

* 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 1.24 mean?
WILL GROUP (TSE:6089) has a PB Ratio of 1.24 as of Jul. 19, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on WILL GROUP and its competitors. This is 55% below median its historical median of 2.74. Over the past decade, WILL GROUP's PB Ratio has ranged from 1.15 to 11.67. According to the industry distribution chart, WILL GROUP ranks #389 out of 1046 companies in the Business Services industry, placing it in the top 37.2%.
Is WILL GROUP's PB Ratio too high?
WILL GROUP's current PB Ratio of 1.24 is 55% below median its 10-year median of 2.74. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 11.67. The Business Services industry median PB Ratio is 1.66. WILL GROUP's value of 1.24 is 25.3% below this industry median. Based on the distribution chart, WILL GROUP ranks #389 out of 1046 companies in the Business Services industry, which is above the industry midpoint. Overall, WILL GROUP has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does WILL GROUP's PB Ratio compare to KFY and RHI?
According to the Business Services industry distribution chart, WILL GROUP ranks #389 out of 1046 companies for PB Ratio. This puts WILL GROUP in the upper half of its industry. The industry median PB Ratio is 1.66. WILL GROUP's value of 1.24 is 25.3% below this benchmark. Historically, WILL GROUP's own PB Ratio has ranged from 1.15 to 11.67 over the past decade. While the company's 10-year median is 2.74 vs. the industry median of 1.66, WILL 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 Business Services company?
The median PB Ratio among Business Services companies is 1.66, based on 1,046 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. WILL GROUP's current PB Ratio of 1.24 is 25.3% 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 WILL GROUP and its competitors. For the Business Services industry, the median PB Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WILL GROUP's current PB Ratio is 1.24, which is 55% below median its own 10-year median of 2.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WILL GROUP stock overvalued right now?
Based on GuruFocus' analysis, WILL GROUP (TSE:6089) is currently considered Fairly Valued. The stock's GF Value™ is 円1,077.88, compared to a current price of 円1,094.00 — trading 1.5% above its estimated fair value. The current PB Ratio is 1.24, which is 55% below median its 10-year median of 2.74 and 25.3% below the Business Services industry median of 1.66. WILL GROUP's overall GF Score™ is 62/100 with 1 warning sign 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 WILL GROUP (TSE:6089), the current PB Ratio is 1.24 as of Jul. 19, 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 WILL GROUP (TSE:6089) Overvalued in 2026?

Based on GuruFocus' analysis, WILL GROUP stock appears to be overvalued. The current stock price of 円1,094.00 is trading 1.5% above its estimated GF Value™ of 円1,077.88. GuruFocus considers WILL GROUP to be Fairly Valued.

Key valuation signals for TSE:6089:

  • PB Ratio: 1.24 (55% below median its 10-year median of 2.74)
  • GF Value™: 円1,077.88 vs. price of 円1,094.00 (1.5% above fair value)
  • GF Score™: 62/100 with 1 warning sign
  • Industry Position: 25.3% below the Business Services median (#389 of 1046)

No single metric tells the full story. See the TSE:6089 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


WILL GROUP Business Description

Address Harmony Tower 27th floor, No. 32, No. 2, Honcho, Nakano-ku, Tokyo, JPN, 164-0012
WILL GROUP Inc provides recruitment services. The company offers staffing and employee placement services in Japan.
62GF Score

Get the complete analysis for TSE:6089

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

円1,094.00
Price
円1,077.88
GF Value