Cube System (TSE:2335) PB Ratio: 1.43 (As of Jul. 15, 2026) — 28% 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:2335 Cube System Inc TSE:2335
73 GF Score
Price 円1,076.00
GF Value 円1,121.23
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Cube System PB Ratio?

Cube System TSE:2335 +1.32% 73 PB Ratio is 1.43 as of Jul. 15, 2026, which is 28% below its 10-year median of 1.98. GuruFocus rates TSE:2335 with a GF Score™ of 73/100 and a GF Value™ of 円1,121.23 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,629 Software companies, Cube System ranks better than 71.24% 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 (2026-07-15), Cube System's share price is 円1076.00. Cube System's Book Value per Share for the quarter that ended in Mar. 2026 was 円751.40. Hence, Cube System's PB Ratio of today is 1.43.

Good Sign:

Cube System Inc stock PB Ratio (=1.41) is close to 5-year low of 1.33.

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

TSE:2335' s PB Ratio Range Over the Past 10 Years
Min: 1.23   Med: 1.98   Max: 3.59
Current: 1.43

During the past 13 years, Cube System's highest PB Ratio was 3.59. The lowest was 1.23. And the median was 1.98.

TSE:2335's PB Ratio is ranked better than
71.24% of 2629 companies
in the Software industry
Industry Median: 2.39 vs TSE:2335: 1.43

During the past 12 months, Cube System's average Book Value Per Share Growth Rate was 4.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Cube System was 15.50% per year. The lowest was 2.30% per year. And the median was 5.85% per year.

Back to Basics: PB Ratio


Cube System  (TSE:2335) 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.


Cube System PB Ratio Related Terms


Cube System PB Ratio Historical Data

* Premium members only.

The historical data trend for Cube System'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.

Cube System PB Ratio Chart

Cube System 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 1.75 1.80 1.66 1.38 1.35

Cube System Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 1.66 1.42 1.38 1.57 1.35

TSE:2335 vs IBM, ACN, FISV: PB Ratio Comparison

For the Information Technology Services subindustry, Cube System'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.


Cube System PB Ratio vs Software Industry

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

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


TSE:2335
73GF Score
Cube System Inc TSE:2335
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cube System 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.

Cube System's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=1076.00/751.4
=1.43

* 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 1.43 mean?
Cube System (TSE:2335) has a PB Ratio of 1.43 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Cube System and its competitors. This is 28% below median its historical median of 1.98. Over the past decade, Cube System's PB Ratio has ranged from 1.23 to 3.59. According to the industry distribution chart, Cube System ranks #756 out of 2629 companies in the Software industry, placing it in the top 28.8%.
Is Cube System's PB Ratio too high?
Cube System's current PB Ratio of 1.43 is 28% below median its 10-year median of 1.98. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 3.59. The Software industry median PB Ratio is 2.39. Cube System's value of 1.43 is 40.2% below this industry median. Based on the distribution chart, Cube System ranks #756 out of 2629 companies in the Software industry, which is above the industry midpoint. Overall, Cube System has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cube System's PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Cube System ranks #756 out of 2629 companies for PB Ratio. This puts Cube System in the upper half of its industry. The industry median PB Ratio is 2.39. Cube System's value of 1.43 is 40.2% below this benchmark. Historically, Cube System's own PB Ratio has ranged from 1.23 to 3.59 over the past decade. While the company's 10-year median is 1.98 vs. the industry median of 2.39, Cube System 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 2.39, based on 2,629 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. Cube System's current PB Ratio of 1.43 is 40.2% 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 Cube System and its competitors. For the Software industry, the median PB Ratio is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cube System's current PB Ratio is 1.43, which is 28% below median its own 10-year median of 1.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cube System stock overvalued right now?
Based on GuruFocus' analysis, Cube System (TSE:2335) is currently considered Fairly Valued. The stock's GF Value™ is 円1,121.23, compared to a current price of 円1,076.00 — trading 4% below its estimated fair value. The current PB Ratio is 1.43, which is 28% below median its 10-year median of 1.98 and 40.2% below the Software industry median of 2.39. Cube System's overall GF Score™ is 73/100 with 1 warning sign 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 Cube System (TSE:2335), the current PB Ratio is 1.43 as of Jul. 15, 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 Cube System (TSE:2335) Overvalued in 2026?

Based on GuruFocus' analysis, Cube System stock appears to be undervalued. The current stock price of 円1,076.00 is trading 4% below its estimated GF Value™ of 円1,121.23. GuruFocus considers Cube System to be Fairly Valued.

Key valuation signals for TSE:2335:

  • PB Ratio: 1.43 (28% below median its 10-year median of 1.98)
  • GF Value™: 円1,121.23 vs. price of 円1,076.00 (4% below fair value)
  • GF Score™: 73/100 with 1 warning sign
  • Industry Position: 40.2% below the Software median (#756 of 2629)

No single metric tells the full story. See the TSE:2335 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cube System Business Description

Address Osaki Wiz Tower, 2-11-1, Osaki, Shinagawa-ku, Tokyo, JPN, 141-0032
Cube System Inc is an independent information technology company. It organized into three service lines: system integration services, professional services and system outsourcing services. The system integration service includes business system design and development, system migration, downsizing, system transition and offshore development services. The system outsourcing services include the management of business applications, as well as the operation and management of systems. The professional service includes system consulting, system transition, database management and information infrastructure construction services.
73GF Score

Get the complete analysis for TSE:2335

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

円1,076.00
Price
円1,121.23
GF Value