Happinet (TSE:7552) PB Ratio: 2.23 (As of Jul. 21, 2026) — 140% Above Median

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:7552 Happinet Corp TSE:7552
89 GF Score
Price 円3,105.00
GF Value 円2,674.59
Valuation Modestly Overvalued
View Full Analysis

What is Happinet PB Ratio?

Happinet TSE:7552 -0.80% 89 PB Ratio is 2.23 as of Jul. 21, 2026, which is 140% above its 10-year median of 0.93. GuruFocus rates TSE:7552 with a GF Score™ of 89/100 and a GF Value™ of 円2,674.59 (Modestly Overvalued). Among 1,080 Retail - Cyclical companies, Happinet ranks worse than 66.39% 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 (2026-07-21), Happinet's share price is 円3105.00. Happinet's Book Value per Share for the quarter that ended in Mar. 2026 was 円1,391.82. Hence, Happinet's PB Ratio of today is 2.23.

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

TSE:7552' s PB Ratio Range Over the Past 10 Years
Min: 0.54   Med: 0.93   Max: 2.71
Current: 2.23

During the past 13 years, Happinet's highest PB Ratio was 2.71. The lowest was 0.54. And the median was 0.93.

TSE:7552's PB Ratio is ranked worse than
66.39% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 1.46 vs TSE:7552: 2.23

During the past 12 months, Happinet's average Book Value Per Share Growth Rate was 9.70% 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 8.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Happinet was 11.00% per year. The lowest was 3.50% per year. And the median was 7.60% per year.

Back to Basics: PB Ratio


Happinet  (TSE:7552) 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.


Happinet PB Ratio Related Terms


Happinet PB Ratio Historical Data

* Premium members only.

The historical data trend for Happinet'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.

Happinet PB Ratio Chart

Happinet 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 0.76 0.91 1.32 2.03 1.93

Happinet Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 2.03 2.18 2.49 2.11 1.93

TSE:7552 vs CASY, WSM, DKS: PB Ratio Comparison

For the Specialty Retail subindustry, Happinet'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.


Happinet PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Happinet's PB Ratio distribution charts can be found below:

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


TSE:7552
89GF Score
Happinet Corp TSE:7552
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Happinet 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=3105.00/1391.822
=2.23

* 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 2.23 mean?
Happinet (TSE:7552) has a PB Ratio of 2.23 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Happinet and its competitors. This is 140% above median its historical median of 0.93. Over the past decade, Happinet's PB Ratio has ranged from 0.54 to 2.71. According to the industry distribution chart, Happinet ranks #717 out of 1080 companies in the Retail - Cyclical industry, placing it in the top 66.4%.
Is Happinet's PB Ratio too high?
Happinet's current PB Ratio of 2.23 is 140% above median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 2.71. The Retail - Cyclical industry median PB Ratio is 1.46. Happinet's value of 2.23 is 52.7% above this industry median. Based on the distribution chart, Happinet ranks #717 out of 1080 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Happinet has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Happinet's PB Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Happinet ranks #717 out of 1080 companies for PB Ratio. This places Happinet in the lower half of its industry. The industry median PB Ratio is 1.46. Happinet's value of 2.23 is 52.7% above this benchmark. Historically, Happinet's own PB Ratio has ranged from 0.54 to 2.71 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 1.46, Happinet 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 a Retail - Cyclical company?
The median PB Ratio among Retail - Cyclical companies is 1.46, based on 1,080 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. Happinet's current PB Ratio of 2.23 is 52.7% 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 Happinet and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Happinet's current PB Ratio is 2.23, which is 140% above median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Happinet stock overvalued right now?
Based on GuruFocus' analysis, Happinet (TSE:7552) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,674.59, compared to a current price of 円3,105.00 — trading 16.1% above its estimated fair value. The current PB Ratio is 2.23, which is 140% above median its 10-year median of 0.93 and 52.7% above the Retail - Cyclical industry median of 1.46. Happinet's overall GF Score™ is 89/100. 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 Happinet (TSE:7552), the current PB Ratio is 2.23 as of Jul. 21, 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 Happinet (TSE:7552) Overvalued in 2026?

Based on GuruFocus' analysis, Happinet stock appears to be overvalued. The current stock price of 円3,105.00 is trading 16.1% above its estimated GF Value™ of 円2,674.59. GuruFocus considers Happinet to be Modestly Overvalued.

Key valuation signals for TSE:7552:

  • PB Ratio: 2.23 (140% above median its 10-year median of 0.93)
  • GF Value™: 円2,674.59 vs. price of 円3,105.00 (16.1% above fair value)
  • GF Score™: 89/100
  • Industry Position: 52.7% above the Retail - Cyclical median (#717 of 1080)

No single metric tells the full story. See the TSE:7552 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Happinet Business Description

Address 2-4-5, Komagata, Komagata CA Building, Taito-ku, Tokyo, JPN, 111-0043
Happinet Corp is engaged in the distribution of toys in the Japanese market. It operates through five business segments namely Toy, Visual and Music, Video Game, Amusement and Logistics Function. In addition, it plans, manufactures, and sells toys; and plans develops, and sells audio-visual software and video game hardware and software. Business activity is of the group is primarily functioned through Japan and it derives the majority its revenue through Toy segment.
89GF Score

Get the complete analysis for TSE:7552

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

円3,105.00
Price
円2,674.59
GF Value