Quest CoTSE:2332 +0.75%65 PB Ratio is 1.19 as of Jul. 11, 2026, which is 1% above its 10-year median of 1.18. GuruFocus rates TSE:2332 with a GF Score™ of 65/100 and a GF Value™ of 円1,716.09 (Fairly Valued). Among 2,626 Software companies, Quest Co ranks better than 77.8% 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 (2026-07-11), Quest Co's share price is 円1736.00. Quest Co's Book Value per Share for the quarter that ended in Mar. 2026 was 円1,454.75. Hence, Quest Co's PB Ratio of today is 1.19.
The historical rank and industry rank for Quest Co's PB Ratio or its related term are showing as below:
TSE:2332'
s PB Ratio Range Over the Past 10 Years
Min: 0.92 Med: 1.18 Max: 1.99
Current: 1.19
During the past 13 years, Quest Co's highest PB Ratio was 1.99. The lowest was 0.92. And the median was 1.18.
TSE:2332's PB Ratio is ranked better than 77.8% of 2626
companies
in the Software industry
Industry Median: 2.4
vs TSE:2332: 1.19
During the past 12 months, Quest Co's average Book Value Per Share Growth Rate was 7.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 7.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 7.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 7.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Quest Co was 10.20% per year. The lowest was -3.10% per year. And the median was 4.65% 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.
Quest Co PB Ratio Related Terms
Quest Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Quest Co'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 Information Technology Services subindustry, Quest Co'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.
Quest Co PB Ratio vs Software Industry
For the Software industry and Technology sector, Quest Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Quest Co'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.
Quest Co's PB Ratio for today is calculated as follows:
* 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.
Quest Co (TSE:2332) has a PB Ratio of 1.19 as of Jul. 11, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Quest Co and its competitors. This is near median its historical median of 1.18. Over the past decade, Quest Co's PB Ratio has ranged from 0.92 to 1.99. According to the industry distribution chart, Quest Co ranks #583 out of 2626 companies in the Software industry, placing it in the top 22.2%.
Is Quest Co's PB Ratio too high?
Quest Co's current PB Ratio of 1.19 is near median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 1.99. The Software industry median PB Ratio is 2.40. Quest Co's value of 1.19 is 50.4% below this industry median. Based on the distribution chart, Quest Co ranks #583 out of 2626 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Quest Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Quest Co's PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Quest Co ranks #583 out of 2626 companies for PB Ratio. This places Quest Co in the top 22% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.40. Quest Co's value of 1.19 is 50.4% below this benchmark. Historically, Quest Co's own PB Ratio has ranged from 0.92 to 1.99 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 2.40, Quest Co 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 2.40, based on 2,626 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. Quest Co's current PB Ratio of 1.19 is 50.4% 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 Quest Co and its competitors. For the Software industry, the median PB Ratio is 2.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quest Co's current PB Ratio is 1.19, which is near median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quest Co stock overvalued right now?
Based on GuruFocus' analysis, Quest Co (TSE:2332) is currently considered Fairly Valued. The stock's GF Value™ is 円1,716.09, compared to a current price of 円1,736.00 — trading 1.2% above its estimated fair value. The current PB Ratio is 1.19, which is near median its 10-year median of 1.18 and 50.4% below the Software industry median of 2.40. Quest Co's overall GF Score™ is 65/100. 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 Quest Co (TSE:2332), the current PB Ratio is 1.19 as of Jul. 11, 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 Quest Co (TSE:2332) Overvalued in 2026?
Based on GuruFocus' analysis, Quest Co stock appears to be overvalued.
The current stock price of 円1,736.00 is trading 1.2% above its estimated GF Value™ of 円1,716.09.
GuruFocus considers Quest Co to be Fairly Valued.
Key valuation signals for TSE:2332:
PB Ratio: 1.19 (near median its 10-year median of 1.18)
GF Value™: 円1,716.09 vs. price of 円1,736.00 (1.2% above fair value)
Industry Position: 50.4% below the Software median (#583 of 2626)
No single metric tells the full story. See the TSE:2332 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quest Co Ltd is engaged in information services business. Its segments includes System Development business and Maintenance; and Infrastructure Services business. System Development business is involved in the provision of software development services, including the consulting, design, development and maintenance of systems. Infrastructure Services business is engaged in the provision of support services for infrastructure operation, including infrastructure building, technological services, system operations, supervision, helpdesk, and field support.
65GF Score
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