Sobal (TSE:2186) PB Ratio: 1.58 (As of Aug. 31, 2026) — 29% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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TSE:2186 Sobal Corp TSE:2186
68 GF Score
Price 円903.00
GF Value 円1,100.21
Valuation Modestly Undervalued
View Full Analysis

What is Sobal PB Ratio?

Sobal TSE:2186 -2.17% 68 PB Ratio is 1.58 as of Aug. 31, 2026, which is 29% below its 10-year median of 2.24. GuruFocus rates TSE:2186 with a GF Score™ of 68/100 and a GF Value™ of 円1,100.21 (Modestly Undervalued). Among 2,635 Software companies, Sobal ranks better than 69.6% 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 (2026-08-31), Sobal's share price is 円903.00. Sobal's Book Value per Share for the quarter that ended in Feb. 2026 was 円573.12. Hence, Sobal's PB Ratio of today is 1.58.

Good Sign:

Sobal Corp stock PB Ratio (=1.58) is close to 10-year low of 1.56.

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

TSE:2186' s PB Ratio Range Over the Past 10 Years
Min: 1.56   Med: 2.24   Max: 5.14
Current: 1.58

During the past 13 years, Sobal's highest PB Ratio was 5.14. The lowest was 1.56. And the median was 2.24.

TSE:2186's PB Ratio is ranked better than
69.6% of 2635 companies
in the Software industry
Industry Median: 2.52 vs TSE:2186: 1.58

During the past 12 months, Sobal's average Book Value Per Share Growth Rate was 4.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Sobal was 8.90% per year. The lowest was 1.50% per year. And the median was 7.20% per year.

Back to Basics: PB Ratio


Sobal  (TSE:2186) 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.


Sobal PB Ratio Related Terms


Sobal PB Ratio Historical Data

* Premium members only.

The historical data trend for Sobal'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.

Sobal PB Ratio Chart

Sobal Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.41 2.06 1.86 1.65 1.58

Sobal Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 1.67 1.64 1.64 1.58 1.58

TSE:2186 vs CRM, SHOP, UBER: PB Ratio Comparison

For the Software - Application subindustry, Sobal'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.


Sobal PB Ratio vs Software Industry

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

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


TSE:2186
68GF Score
Sobal Corp TSE:2186
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sobal 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Feb. 2026)
=903.00/573.115
=1.58

* 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 1.58 mean?
Sobal (TSE:2186) has a PB Ratio of 1.58 as of Aug. 31, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Sobal and its competitors. This is 29% below median its historical median of 2.24. Over the past decade, Sobal's PB Ratio has ranged from 1.56 to 5.14. According to the industry distribution chart, Sobal ranks #801 out of 2635 companies in the Software industry, placing it in the top 30.4%.
Is Sobal's PB Ratio too high?
Sobal's current PB Ratio of 1.58 is 29% below median its 10-year median of 2.24. Over the past 10 years, this metric has ranged from a low of 1.56 to a high of 5.14. The Software industry median PB Ratio is 2.52. Sobal's value of 1.58 is 37.3% below this industry median. Based on the distribution chart, Sobal ranks #801 out of 2635 companies in the Software industry, which is above the industry midpoint. Overall, Sobal has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sobal's PB Ratio compare to CRM and SHOP?
According to the Software industry distribution chart, Sobal ranks #801 out of 2635 companies for PB Ratio. This puts Sobal in the upper half of its industry. The industry median PB Ratio is 2.52. Sobal's value of 1.58 is 37.3% below this benchmark. Historically, Sobal's own PB Ratio has ranged from 1.56 to 5.14 over the past decade. While the company's 10-year median is 2.24 vs. the industry median of 2.52, Sobal 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 Software company?
The median PB Ratio among Software companies is 2.52, based on 2,635 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. Sobal's current PB Ratio of 1.58 is 37.3% 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 Sobal and its competitors. For the Software industry, the median PB Ratio is 2.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sobal's current PB Ratio is 1.58, which is 29% below median its own 10-year median of 2.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sobal stock overvalued right now?
Based on GuruFocus' analysis, Sobal (TSE:2186) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,100.21, compared to a current price of 円903.00 — trading 17.9% below its estimated fair value. The current PB Ratio is 1.58, which is 29% below median its 10-year median of 2.24 and 37.3% below the Software industry median of 2.52. Sobal's overall GF Score™ is 68/100. 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 Sobal (TSE:2186), the current PB Ratio is 1.58 as of Aug. 31, 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 Sobal (TSE:2186) Overvalued in 2026?

Based on GuruFocus' analysis, Sobal stock appears to be undervalued. The current stock price of 円903.00 is trading 17.9% below its estimated GF Value™ of 円1,100.21. GuruFocus considers Sobal to be Modestly Undervalued.

Key valuation signals for TSE:2186:

  • PB Ratio: 1.58 (29% below median its 10-year median of 2.24)
  • GF Value™: 円1,100.21 vs. price of 円903.00 (17.9% below fair value)
  • GF Score™: 68/100
  • Industry Position: 37.3% below the Software median (#801 of 2635)

No single metric tells the full story. See the TSE:2186 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sobal Business Description

Address 5-9-11 Kitashinagawa, Osaki MT Building, Shinagawa-ku, Tokyo, JPN, 141-0001
Sobal Corp engages in the development of embedded software for digital appliances and research and development of wireless communication technologies in Japan. The solutions provided by the company include Embedded system development, Application development, Web application development, Cloud development, and Manual production.
68GF Score

Get the complete analysis for TSE:2186

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

円903.00
Price
円1,100.21
GF Value