Fixstars (TSE:3687) PB Ratio: 8.60 (As of Jul. 11, 2026) — Near Median


TSE:3687 Fixstars Corp TSE:3687
100 GF Score
Price 円2,329.00
GF Value 円2,173.56
Valuation Fairly Valued
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What is Fixstars PB Ratio?

Fixstars TSE:3687 +5.82% 100 PB Ratio is 8.60 as of Jul. 11, 2026, which is 9% below its 10-year median of 9.48. GuruFocus rates TSE:3687 with a GF Score™ of 100/100 and a GF Value™ of 円2,173.56 (Fairly Valued). Among 2,626 Software companies, Fixstars ranks worse than 87.78% 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), Fixstars's share price is 円2329.00. Fixstars's Book Value per Share for the quarter that ended in Mar. 2026 was 円270.84. Hence, Fixstars's PB Ratio of today is 8.60.

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

TSE:3687' s PB Ratio Range Over the Past 10 Years
Min: 4.42   Med: 9.48   Max: 23.47
Current: 8.59

During the past 13 years, Fixstars's highest PB Ratio was 23.47. The lowest was 4.42. And the median was 9.48.

TSE:3687's PB Ratio is ranked worse than
87.78% of 2626 companies
in the Software industry
Industry Median: 2.4 vs TSE:3687: 8.59

During the past 12 months, Fixstars's average Book Value Per Share Growth Rate was 18.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 23.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 21.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 15.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Fixstars was 43.10% per year. The lowest was 7.10% per year. And the median was 16.85% per year.

Back to Basics: PB Ratio


Fixstars  (TSE:3687) 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.


Fixstars PB Ratio Related Terms


Fixstars PB Ratio Historical Data

* Premium members only.

The historical data trend for Fixstars'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.

Fixstars PB Ratio Chart

Fixstars Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.28 7.66 6.68 7.65 7.17

Fixstars Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 7.07 8.36 7.17 6.21 4.41

TSE:3687 vs UBER, SHOP, CRM: PB Ratio Comparison

For the Software - Application subindustry, Fixstars'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.


Fixstars PB Ratio vs Software Industry

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

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


TSE:3687
100GF Score
Fixstars Corp TSE:3687
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Fixstars 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=2329.00/270.844
=8.60

* 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 8.60 mean?
Fixstars (TSE:3687) has a PB Ratio of 8.60 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 Fixstars and its competitors. This is near median its historical median of 9.48. Over the past decade, Fixstars' PB Ratio has ranged from 4.42 to 23.47. According to the industry distribution chart, Fixstars ranks #2305 out of 2626 companies in the Software industry, placing it in the top 87.8%.
Is Fixstars' PB Ratio too high?
Fixstars' current PB Ratio of 8.60 is near median its 10-year median of 9.48. Over the past 10 years, this metric has ranged from a low of 4.42 to a high of 23.47. The Software industry median PB Ratio is 2.40. Fixstars' value of 8.60 is 258.3% above this industry median. Based on the distribution chart, Fixstars ranks #2305 out of 2626 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Fixstars has a GF Score™ of 100/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fixstars' PB Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Fixstars ranks #2305 out of 2626 companies for PB Ratio. This places Fixstars in the lower half of its industry. The industry median PB Ratio is 2.40. Fixstars' value of 8.60 is 258.3% above this benchmark. Historically, Fixstars' own PB Ratio has ranged from 4.42 to 23.47 over the past decade. While the company's 10-year median is 9.48 vs. the industry median of 2.40, Fixstars 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 2.40, 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. Fixstars's current PB Ratio of 8.60 is 258.3% 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 Fixstars 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. Fixstars's current PB Ratio is 8.60, which is near median its own 10-year median of 9.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fixstars stock overvalued right now?
Based on GuruFocus' analysis, Fixstars (TSE:3687) is currently considered Fairly Valued. The stock's GF Value™ is 円2,173.56, compared to a current price of 円2,329.00 — trading 7.2% above its estimated fair value. The current PB Ratio is 8.60, which is near median its 10-year median of 9.48 and 258.3% above the Software industry median of 2.40. Fixstars' overall GF Score™ is 100/100. 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 Fixstars (TSE:3687), the current PB Ratio is 8.60 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 Fixstars (TSE:3687) Overvalued in 2026?

Based on GuruFocus' analysis, Fixstars stock appears to be overvalued. The current stock price of 円2,329.00 is trading 7.2% above its estimated GF Value™ of 円2,173.56. GuruFocus considers Fixstars to be Fairly Valued.

Key valuation signals for TSE:3687:

  • PB Ratio: 8.60 (near median its 10-year median of 9.48)
  • GF Value™: 円2,173.56 vs. price of 円2,329.00 (7.2% above fair value)
  • GF Score™: 100/100
  • Industry Position: 258.3% above the Software median (#2305 of 2626)

No single metric tells the full story. See the TSE:3687 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fixstars Business Description

Address 1-11-1 Ohsaki, Shinagawa-Ku, Gate City Ohsaki West Tower 18Floor, Tokyo, JPN, 141-0032
Fixstars Corp is a Japan based software company. It offers multicore processors and application acceleration for the next generation of memory technology that delivers high speed IO as well as power savings. The solutions offered by the company are quantum computing, IoT, machine learning and FPGA. It operates in the business areas of Automotive, Flash storage, Industrial equipment, Finance, Healthcare and HPC. The company's products are M-cubed, Geometric Performance Primitives, FlashAir and Yellow Dog Appliance Server.
100GF Score

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

円2,329.00
Price
円2,173.56
GF Value