Fibergate (TSE:9450) PB Ratio: 2.23 (As of Jul. 26, 2026) — 68% 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:9450 Fibergate Inc TSE:9450
77 GF Score
Price 円765.00
GF Value 円1,099.30
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Fibergate PB Ratio?

Fibergate TSE:9450 -0.13% 77 PB Ratio is 2.23 as of Jul. 26, 2026, which is 68% below its 10-year median of 6.94. GuruFocus rates TSE:9450 with a GF Score™ of 77/100 and a GF Value™ of 円1,099.30 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 340 Telecommunication Services companies, Fibergate ranks worse than 59.12% 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 (2026-07-26), Fibergate's share price is 円765.00. Fibergate's Book Value per Share for the quarter that ended in Dec. 2025 was 円343.07. Hence, Fibergate's PB Ratio of today is 2.23.

Good Sign:

Fibergate Inc stock PB Ratio (=2.23) is close to 10-year low of 2.01.

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

TSE:9450' s PB Ratio Range Over the Past 10 Years
Min: 2.01   Med: 6.94   Max: 20.58
Current: 2.23

During the past 10 years, Fibergate's highest PB Ratio was 20.58. The lowest was 2.01. And the median was 6.94.

TSE:9450's PB Ratio is ranked worse than
59.12% of 340 companies
in the Telecommunication Services industry
Industry Median: 1.805 vs TSE:9450: 2.23

During the past 12 months, Fibergate's average Book Value Per Share Growth Rate was 10.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 25.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 19.10% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Fibergate was 110.10% per year. The lowest was 16.60% per year. And the median was 25.90% per year.

Back to Basics: PB Ratio


Fibergate  (TSE:9450) 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.


Fibergate PB Ratio Related Terms


Fibergate PB Ratio Historical Data

* Premium members only.

The historical data trend for Fibergate'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.

Fibergate PB Ratio Chart

Fibergate Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.53 5.92 6.44 3.89 2.24

Fibergate 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 2.92 2.24 2.22 2.01 2.09

TSE:9450 vs TMUS, VZ, T: PB Ratio Comparison

For the Telecom Services subindustry, Fibergate'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.


Fibergate PB Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Fibergate's PB Ratio distribution charts can be found below:

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


TSE:9450
77GF Score
Fibergate Inc TSE:9450
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fibergate 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=765.00/343.074
=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?
Fibergate (TSE:9450) has a PB Ratio of 2.23 as of Jul. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Fibergate and its competitors. This is 68% below median its historical median of 6.94. Over the past decade, Fibergate's PB Ratio has ranged from 2.01 to 20.58. According to the industry distribution chart, Fibergate ranks #201 out of 340 companies in the Telecommunication Services industry, placing it in the top 59.1%.
Is Fibergate's PB Ratio too high?
Fibergate's current PB Ratio of 2.23 is 68% below median its 10-year median of 6.94. Over the past 10 years, this metric has ranged from a low of 2.01 to a high of 20.58. The Telecommunication Services industry median PB Ratio is 1.81. Fibergate's value of 2.23 is 23.5% above this industry median. Based on the distribution chart, Fibergate ranks #201 out of 340 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Fibergate has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fibergate's PB Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Fibergate ranks #201 out of 340 companies for PB Ratio. This places Fibergate in the lower half of its industry. The industry median PB Ratio is 1.81. Fibergate's value of 2.23 is 23.5% above this benchmark. Historically, Fibergate's own PB Ratio has ranged from 2.01 to 20.58 over the past decade. While the company's 10-year median is 6.94 vs. the industry median of 1.81, Fibergate 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 Telecommunication Services company?
The median PB Ratio among Telecommunication Services companies is 1.81, based on 340 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. Fibergate's current PB Ratio of 2.23 is 23.5% 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 Fibergate and its competitors. For the Telecommunication Services industry, the median PB Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fibergate's current PB Ratio is 2.23, which is 68% below median its own 10-year median of 6.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fibergate stock overvalued right now?
Based on GuruFocus' analysis, Fibergate (TSE:9450) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,099.30, compared to a current price of 円765.00 — trading 30.4% below its estimated fair value. The current PB Ratio is 2.23, which is 68% below median its 10-year median of 6.94 and 23.5% above the Telecommunication Services industry median of 1.81. Fibergate's overall GF Score™ is 77/100 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 Fibergate (TSE:9450), the current PB Ratio is 2.23 as of Jul. 26, 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 Fibergate (TSE:9450) Overvalued in 2026?

Based on GuruFocus' analysis, Fibergate stock appears to be undervalued. The current stock price of 円765.00 is trading 30.4% below its estimated GF Value™ of 円1,099.30. GuruFocus considers Fibergate to be Significantly Undervalued.

Key valuation signals for TSE:9450:

  • PB Ratio: 2.23 (68% below median its 10-year median of 6.94)
  • GF Value™: 円1,099.30 vs. price of 円765.00 (30.4% below fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 23.5% above the Telecommunication Services median (#201 of 340)

No single metric tells the full story. See the TSE:9450 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fibergate Business Description

Address 10-3 Minami1jonishi 8chome, Chuo-ku, Hokkaido, Sapporo, JPN
Fibergate Inc provides Wi-Fi solutions and services, including devices to apartment complexes, condominiums, commercial properties, student dormitories, hotels, and office buildings.
77GF Score

Get the complete analysis for TSE:9450

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

円765.00
Price
円1,099.30
GF Value