INEST (TSE:7111) PB Ratio: 0.67 (As of Jul. 23, 2026) — 39% 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:7111 INEST Inc TSE:7111
36 GF Score
Price 円472.00
GF Value 円1,213.90
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is INEST PB Ratio?

INEST TSE:7111 -0.63% 36 PB Ratio is 0.67 as of Jul. 23, 2026, which is 39% below its 10-year median of 1.09. GuruFocus rates TSE:7111 with a GF Score™ of 36/100 and a GF Value™ of 円1,213.90 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,047 Business Services companies, INEST ranks better than 83.67% 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 (2026-07-23), INEST's share price is 円472.00. INEST's Book Value per Share for the quarter that ended in Mar. 2026 was 円700.19. Hence, INEST's PB Ratio of today is 0.67.

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

TSE:7111' s PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 1.09   Max: 2.04
Current: 0.68

During the past 4 years, INEST's highest PB Ratio was 2.04. The lowest was 0.60. And the median was 1.09.

TSE:7111's PB Ratio is ranked better than
83.67% of 1047 companies
in the Business Services industry
Industry Median: 1.65 vs TSE:7111: 0.68

During the past 12 months, INEST's average Book Value Per Share Growth Rate was 3.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -3.80% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of INEST was -3.80% per year. The lowest was -3.80% per year. And the median was -3.80% per year.

Back to Basics: PB Ratio


INEST  (TSE:7111) 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.


INEST PB Ratio Related Terms


INEST PB Ratio Historical Data

* Premium members only.

The historical data trend for INEST'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.

INEST PB Ratio Chart

INEST Annual Data
Trend Mar23 Mar24 Mar25 Mar26
PB Ratio
1.09 1.55 1.09 0.66

INEST Semi-Annual Data
Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
PB Ratio Get a 7-Day Free Trial 1.55 1.19 1.09 1.17 0.66

TSE:7111 vs CTAS, CPRT, ULS: PB Ratio Comparison

For the Specialty Business Services subindustry, INEST'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.


INEST PB Ratio vs Business Services Industry

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

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


TSE:7111
36GF Score
INEST Inc TSE:7111
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

INEST 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=472.00/700.192
=0.67

* 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 0.67 mean?
INEST (TSE:7111) has a PB Ratio of 0.67 as of Jul. 23, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on INEST and its competitors. This is 39% below median its historical median of 1.09. Over the past decade, INEST's PB Ratio has ranged from 0.60 to 2.04. According to the industry distribution chart, INEST ranks #171 out of 1047 companies in the Business Services industry, placing it in the top 16.3%.
Is INEST's PB Ratio too high?
INEST's current PB Ratio of 0.67 is 39% below median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 2.04. The Business Services industry median PB Ratio is 1.65. INEST's value of 0.67 is 59.4% below this industry median. Based on the distribution chart, INEST ranks #171 out of 1047 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, INEST has a GF Score™ of 36/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does INEST's PB Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, INEST ranks #171 out of 1047 companies for PB Ratio. This places INEST in the top 16% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.65. INEST's value of 0.67 is 59.4% below this benchmark. Historically, INEST's own PB Ratio has ranged from 0.60 to 2.04 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 1.65, INEST 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 1.65, based on 1,047 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. INEST's current PB Ratio of 0.67 is 59.4% 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 INEST and its competitors. For the Business Services industry, the median PB Ratio is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. INEST's current PB Ratio is 0.67, which is 39% below median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is INEST stock overvalued right now?
Based on GuruFocus' analysis, INEST (TSE:7111) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,213.90, compared to a current price of 円472.00 — trading 61.1% below its estimated fair value. The current PB Ratio is 0.67, which is 39% below median its 10-year median of 1.09 and 59.4% below the Business Services industry median of 1.65. INEST's overall GF Score™ is 36/100 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 INEST (TSE:7111), the current PB Ratio is 0.67 as of Jul. 23, 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 INEST (TSE:7111) Overvalued in 2026?

Based on GuruFocus' analysis, INEST stock appears to be undervalued. The current stock price of 円472.00 is trading 61.1% below its estimated GF Value™ of 円1,213.90. GuruFocus considers INEST to be Significantly Undervalued.

Key valuation signals for TSE:7111:

  • PB Ratio: 0.67 (39% below median its 10-year median of 1.09)
  • GF Value™: 円1,213.90 vs. price of 円472.00 (61.1% below fair value)
  • GF Score™: 36/100 with 3 warning signs
  • Industry Position: 59.4% below the Business Services median (#171 of 1047)

No single metric tells the full story. See the TSE:7111 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


INEST Business Description

Address 1-25-9 Higashi-Ikebukuro, 8th Floor, Takase Building Annex, Toshima-ku, Tokyo, JPN, 170-0013
INEST Inc is a Japan-based company mainly engaged in sales support and solution support for corporate companies and individual consumers. Through its solutions business, the company mainly handles small and medium-sized businesses and offers various products that meet customer needs, such as mobile devices, new power sources, and office equipment. For individual consumers, it provides services to meet the needs of customers such as water servers, new electricity providers, and internet lines. In addition, the group offers other services such as web content, insurance, and member benefits services. The group operates in a single segment, Solutions Business.
36GF Score

Get the complete analysis for TSE:7111

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

円472.00
Price
円1,213.90
GF Value