eBASE Co (TSE:3835) PB Ratio: 2.55 (As of Jul. 16, 2026) — 49% 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:3835 eBASE Co Ltd TSE:3835
71 GF Score
Price 円427.00
GF Value 円647.00
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is eBASE Co PB Ratio?

eBASE Co TSE:3835 -0.23% 71 PB Ratio is 2.55 as of Jul. 16, 2026, which is 49% below its 10-year median of 4.98. GuruFocus rates TSE:3835 with a GF Score™ of 71/100 and a GF Value™ of 円647.00 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,629 Software companies, eBASE Co ranks worse than 52.83% 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 (2026-07-16), eBASE Co's share price is 円427.00. eBASE Co's Book Value per Share for the quarter that ended in Mar. 2026 was 円167.67. Hence, eBASE Co's PB Ratio of today is 2.55.

Good Sign:

eBASE Co Ltd stock PB Ratio (=2.52) is close to 10-year low of 2.31.

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

TSE:3835' s PB Ratio Range Over the Past 10 Years
Min: 2.31   Med: 4.98   Max: 14.95
Current: 2.54

During the past 13 years, eBASE Co's highest PB Ratio was 14.95. The lowest was 2.31. And the median was 4.98.

TSE:3835's PB Ratio is ranked worse than
52.83% of 2629 companies
in the Software industry
Industry Median: 2.42 vs TSE:3835: 2.54

During the past 12 months, eBASE Co's average Book Value Per Share Growth Rate was 2.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 12.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of eBASE Co was 20.20% per year. The lowest was 6.80% per year. And the median was 14.90% per year.

Back to Basics: PB Ratio


eBASE Co  (TSE:3835) 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.


eBASE Co PB Ratio Related Terms


eBASE Co PB Ratio Historical Data

* Premium members only.

The historical data trend for eBASE 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.

eBASE Co PB Ratio Chart

eBASE Co 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 4.48 4.99 4.77 3.31 2.43

eBASE Co 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 4.77 4.12 3.31 3.13 2.43

TSE:3835 vs UBER, SHOP, CRM: PB Ratio Comparison

For the Software - Application subindustry, eBASE 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.


eBASE Co PB Ratio vs Software Industry

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

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


TSE:3835
71GF Score
eBASE Co Ltd TSE:3835
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

eBASE Co 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.

eBASE Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=427.00/167.673
=2.55

* 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 2.55 mean?
eBASE Co (TSE:3835) has a PB Ratio of 2.55 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on eBASE Co and its competitors. This is 49% below median its historical median of 4.98. Over the past decade, eBASE Co's PB Ratio has ranged from 2.31 to 14.95. According to the industry distribution chart, eBASE Co ranks #1389 out of 2629 companies in the Software industry, placing it in the top 52.8%.
Is eBASE Co's PB Ratio too high?
eBASE Co's current PB Ratio of 2.55 is 49% below median its 10-year median of 4.98. Over the past 10 years, this metric has ranged from a low of 2.31 to a high of 14.95. The Software industry median PB Ratio is 2.42. eBASE Co's value of 2.55 is 5.4% above this industry median. Based on the distribution chart, eBASE Co ranks #1389 out of 2629 companies in the Software industry, which is below the industry midpoint. Overall, eBASE Co has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does eBASE Co's PB Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, eBASE Co ranks #1389 out of 2629 companies for PB Ratio. This places eBASE Co in the lower half of its industry. The industry median PB Ratio is 2.42. eBASE Co's value of 2.55 is 5.4% above this benchmark. Historically, eBASE Co's own PB Ratio has ranged from 2.31 to 14.95 over the past decade. While the company's 10-year median is 4.98 vs. the industry median of 2.42, eBASE Co 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 2,629 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. eBASE Co's current PB Ratio of 2.55 is 5.4% 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 eBASE Co 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. eBASE Co's current PB Ratio is 2.55, which is 49% below median its own 10-year median of 4.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is eBASE Co stock overvalued right now?
Based on GuruFocus' analysis, eBASE Co (TSE:3835) is currently considered Significantly Undervalued. The stock's GF Value™ is 円647.00, compared to a current price of 円427.00 — trading 34% below its estimated fair value. The current PB Ratio is 2.55, which is 49% below median its 10-year median of 4.98 and 5.4% above the Software industry median of 2.42. eBASE Co's overall GF Score™ is 71/100 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 eBASE Co (TSE:3835), the current PB Ratio is 2.55 as of Jul. 16, 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 eBASE Co (TSE:3835) Overvalued in 2026?

Based on GuruFocus' analysis, eBASE Co stock appears to be undervalued. The current stock price of 円427.00 is trading 34% below its estimated GF Value™ of 円647.00. GuruFocus considers eBASE Co to be Significantly Undervalued.

Key valuation signals for TSE:3835:

  • PB Ratio: 2.55 (49% below median its 10-year median of 4.98)
  • GF Value™: 円647.00 vs. price of 円427.00 (34% below fair value)
  • GF Score™: 71/100 with 2 warning signs
  • Industry Position: 5.4% above the Software median (#1389 of 2629)

No single metric tells the full story. See the TSE:3835 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


eBASE Co Business Description

Address 5-chome, 4-9 Toyosaki, Osaka, JPN
eBASE Co Ltd is engaged in the planning, development, sales and maintenance of e BASE series which is a content management software. The solutions provided by the company include food industry solutions, residential industry solutions, printing industry solutions, data pool solution, and sales support solutions.
71GF Score

Get the complete analysis for TSE:3835

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

円427.00
Price
円647.00
GF Value