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FFRI SecurityTSE:3692 +5.41%86 PB Ratio is 11.83 as of Jul. 15, 2026, which is 6% below its 10-year median of 12.64. GuruFocus rates TSE:3692 with a GF Score™ of 86/100 and a GF Value™ of 円4,388.19 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,629 Software companies, FFRI Security ranks worse than 91.4% 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), FFRI Security's share price is 円5650.00. FFRI Security's Book Value per Share for the quarter that ended in Mar. 2026 was 円477.58. Hence, FFRI Security's PB Ratio of today is 11.83.
The historical rank and industry rank for FFRI Security's PB Ratio or its related term are showing as below:
TSE:3692'
s PB Ratio Range Over the Past 10 Years
Min: 4.26 Med: 12.64 Max: 70.37
Current: 11.83
During the past 13 years, FFRI Security's highest PB Ratio was 70.37. The lowest was 4.26. And the median was 12.64.
TSE:3692's PB Ratio is ranked worse than 91.4% of 2629
companies
in the Software industry
Industry Median: 2.39
vs TSE:3692: 11.83
During the past 12 months, FFRI Security's average Book Value Per Share Growth Rate was 35.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 29.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 17.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 16.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of FFRI Security was 29.60% per year. The lowest was 4.40% per year. And the median was 18.25% 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.
FFRI Security PB Ratio Related Terms
FFRI Security PB Ratio Historical Data
* Premium members only.
The historical data trend for FFRI Security'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, FFRI Security'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.
FFRI Security PB Ratio vs Software Industry
For the Software industry and Technology sector, FFRI Security's PB Ratio distribution charts can be found below:
* The bar in red indicates where FFRI Security'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.
FFRI Security'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.
FFRI Security (TSE:3692) has a PB Ratio of 11.83 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 FFRI Security and its competitors. This is near median its historical median of 12.64. Over the past decade, FFRI Security's PB Ratio has ranged from 4.26 to 70.37. According to the industry distribution chart, FFRI Security ranks #2403 out of 2629 companies in the Software industry, placing it in the top 91.4%.
Is FFRI Security's PB Ratio too high?
FFRI Security's current PB Ratio of 11.83 is near median its 10-year median of 12.64. Over the past 10 years, this metric has ranged from a low of 4.26 to a high of 70.37. The Software industry median PB Ratio is 2.39. FFRI Security's value of 11.83 is 395% above this industry median. Based on the distribution chart, FFRI Security ranks #2403 out of 2629 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, FFRI Security has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FFRI Security's PB Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, FFRI Security ranks #2403 out of 2629 companies for PB Ratio. This places FFRI Security in the lower half of its industry. The industry median PB Ratio is 2.39. FFRI Security's value of 11.83 is 395% above this benchmark. Historically, FFRI Security's own PB Ratio has ranged from 4.26 to 70.37 over the past decade. While the company's 10-year median is 12.64 vs. the industry median of 2.39, FFRI Security 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 2.39, 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. FFRI Security's current PB Ratio of 11.83 is 395% 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 FFRI Security 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. FFRI Security's current PB Ratio is 11.83, which is near median its own 10-year median of 12.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FFRI Security stock overvalued right now?
Based on GuruFocus' analysis, FFRI Security (TSE:3692) is currently considered Modestly Overvalued. The stock's GF Value™ is 円4,388.19, compared to a current price of 円5,650.00 — trading 28.8% above its estimated fair value. The current PB Ratio is 11.83, which is near median its 10-year median of 12.64 and 395% above the Software industry median of 2.39. FFRI Security's overall GF Score™ is 86/100 with 2 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 FFRI Security (TSE:3692), the current PB Ratio is 11.83 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 FFRI Security (TSE:3692) Overvalued in 2026?
Based on GuruFocus' analysis, FFRI Security stock appears to be overvalued.
The current stock price of 円5,650.00 is trading 28.8% above its estimated GF Value™ of 円4,388.19.
GuruFocus considers FFRI Security to be Modestly Overvalued.
Key valuation signals for TSE:3692:
PB Ratio: 11.83 (near median its 10-year median of 12.64)
GF Value™: 円4,388.19 vs. price of 円5,650.00 (28.8% above fair value)
Industry Position: 395% above the Software median (#2403 of 2629)
No single metric tells the full story. See the TSE:3692 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FFRI Security Inc is engaged in providing computer security research, consulting, information provision, education, network system research, computer software and computer program planning, development, sales, leasing, maintenance, management, operation, and the acquisition, transfer, lending, and management of related property right such as copyrights, patent rights, utility model rights, trademark rights, and design rights.
86GF Score
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