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Softfront HoldingsTSE:2321 +5.00%47 PB Ratio is 3.60 as of Aug. 02, 2026, which is 51% below its 10-year median of 7.41. GuruFocus rates TSE:2321 with a GF Score™ of 47/100 and a GF Value™ of 円68.32 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,635 Software companies, Softfront Holdings ranks worse than 66.94% on this metric.
Softfront Holdings stock PB Ratio (=3.43) is close to 5-year low of 3.24.
The historical rank and industry rank for Softfront Holdings's PB Ratio or its related term are showing as below:
TSE:2321'
s PB Ratio Range Over the Past 10 Years
Min: 2.63 Med: 7.41 Max: 29.86
Current: 3.6
During the past 13 years, Softfront Holdings's highest PB Ratio was 29.86. The lowest was 2.63. And the median was 7.41.
TSE:2321's PB Ratio is ranked worse than 66.94% of 2635
companies
in the Software industry
Industry Median: 2.42
vs TSE:2321: 3.60
During the past 12 months, Softfront Holdings's average Book Value Per Share Growth Rate was 28.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 36.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 26.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Softfront Holdings was 38.50% per year. The lowest was -55.00% per year. And the median was -6.15% per year.
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.
Softfront Holdings PB Ratio Related Terms
Softfront Holdings PB Ratio Historical Data
* Premium members only.
The historical data trend for Softfront Holdings'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.
For the Software - Application subindustry, Softfront Holdings'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.
Softfront Holdings PB Ratio vs Software Industry
For the Software industry and Technology sector, Softfront Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where Softfront Holdings's PB Ratio falls into.
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.
* 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.
Softfront Holdings (TSE:2321) has a PB Ratio of 3.60 as of Aug. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Softfront Holdings and its competitors. This is 51% below median its historical median of 7.41. Over the past decade, Softfront Holdings' PB Ratio has ranged from 2.63 to 29.86. According to the industry distribution chart, Softfront Holdings ranks #1764 out of 2635 companies in the Software industry, placing it in the top 66.9%.
Is Softfront Holdings' PB Ratio too high?
Softfront Holdings' current PB Ratio of 3.60 is 51% below median its 10-year median of 7.41. Over the past 10 years, this metric has ranged from a low of 2.63 to a high of 29.86. The Software industry median PB Ratio is 2.42. Softfront Holdings' value of 3.60 is 48.8% above this industry median. Based on the distribution chart, Softfront Holdings ranks #1764 out of 2635 companies in the Software industry, which is below the industry midpoint. Overall, Softfront Holdings has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Softfront Holdings' PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Softfront Holdings ranks #1764 out of 2635 companies for PB Ratio. This places Softfront Holdings in the lower half of its industry. The industry median PB Ratio is 2.42. Softfront Holdings' value of 3.60 is 48.8% above this benchmark. Historically, Softfront Holdings' own PB Ratio has ranged from 2.63 to 29.86 over the past decade. While the company's 10-year median is 7.41 vs. the industry median of 2.42, Softfront Holdings 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 Software company?
The median PB Ratio among Software companies is 2.42, 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. Softfront Holdings's current PB Ratio of 3.60 is 48.8% 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 Softfront Holdings and its competitors. For the Software industry, the median PB Ratio is 2.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Softfront Holdings's current PB Ratio is 3.60, which is 51% below median its own 10-year median of 7.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Softfront Holdings stock overvalued right now?
Based on GuruFocus' analysis, Softfront Holdings (TSE:2321) is currently considered Significantly Overvalued. The stock's GF Value™ is 円68.32, compared to a current price of 円126.00 — trading 84.4% above its estimated fair value. The current PB Ratio is 3.60, which is 51% below median its 10-year median of 7.41 and 48.8% above the Software industry median of 2.42. Softfront Holdings' overall GF Score™ is 47/100 with 4 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 Softfront Holdings (TSE:2321), the current PB Ratio is 3.60 as of Aug. 02, 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 Softfront Holdings (TSE:2321) Overvalued in 2026?
Based on GuruFocus' analysis, Softfront Holdings stock appears to be overvalued.
The current stock price of 円126.00 is trading 84.4% above its estimated GF Value™ of 円68.32.
GuruFocus considers Softfront Holdings to be Significantly Overvalued.
Key valuation signals for TSE:2321:
PB Ratio: 3.60 (51% below median its 10-year median of 7.41)
GF Value™: 円68.32 vs. price of 円126.00 (84.4% above fair value)
Industry Position: 48.8% above the Software median (#1764 of 2635)
No single metric tells the full story. See the TSE:2321 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Softfront Holdings is engaged in contract development consultation in Japan. It also provides technical assistance for the software development environment that provides the core technology and SIP / VoIP. Its core activity includes communications technology. The group operates in a single segment, the communications platform-related business.
47GF Score
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