Nippon Ichi Software (TSE:3851) PB Ratio: 0.57 (As of Jul. 20, 2026) — 56% Below Median

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TSE:3851 Nippon Ichi Software Inc TSE:3851
60 GF Score
Price 円896.00
GF Value 円661.72
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Nippon Ichi Software PB Ratio?

Nippon Ichi Software TSE:3851 +0.67% 60 PB Ratio is 0.57 as of Jul. 20, 2026, which is 56% below its 10-year median of 1.31. GuruFocus rates TSE:3851 with a GF Score™ of 60/100 and a GF Value™ of 円661.72 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 514 Interactive Media companies, Nippon Ichi Software ranks better than 86.77% 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 (2026-07-20), Nippon Ichi Software's share price is 円896.00. Nippon Ichi Software's Book Value per Share for the quarter that ended in Mar. 2026 was 円1,570.19. Hence, Nippon Ichi Software's PB Ratio of today is 0.57.

Warning Sign:

Nippon Ichi Software Inc stock PB Ratio (=0.57) is close to 2-year high of 0.63.

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

TSE:3851' s PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 1.31   Max: 4.31
Current: 0.57

During the past 13 years, Nippon Ichi Software's highest PB Ratio was 4.31. The lowest was 0.48. And the median was 1.31.

TSE:3851's PB Ratio is ranked better than
86.77% of 514 companies
in the Interactive Media industry
Industry Median: 1.72 vs TSE:3851: 0.57

During the past 12 months, Nippon Ichi Software's average Book Value Per Share Growth Rate was 1.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 15.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nippon Ichi Software was 25.40% per year. The lowest was -6.70% per year. And the median was 12.05% per year.

Back to Basics: PB Ratio


Nippon Ichi Software  (TSE:3851) 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.


Nippon Ichi Software PB Ratio Related Terms


Nippon Ichi Software PB Ratio Historical Data

* Premium members only.

The historical data trend for Nippon Ichi Software'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.

Nippon Ichi Software PB Ratio Chart

Nippon Ichi Software 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 1.20 0.84 0.67 0.52 0.53

Nippon Ichi Software 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 0.67 0.62 0.52 0.58 0.53

TSE:3851 vs NTES, EA, TTWO: PB Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, Nippon Ichi Software'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.


Nippon Ichi Software PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Nippon Ichi Software's PB Ratio distribution charts can be found below:

* The bar in red indicates where Nippon Ichi Software's PB Ratio falls into.


TSE:3851
60GF Score
Nippon Ichi Software Inc TSE:3851
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Ichi Software 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.

Nippon Ichi Software's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=896.00/1570.192
=0.57

* 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 0.57 mean?
Nippon Ichi Software (TSE:3851) has a PB Ratio of 0.57 as of Jul. 20, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Nippon Ichi Software and its competitors. This is 56% below median its historical median of 1.31. Over the past decade, Nippon Ichi Software's PB Ratio has ranged from 0.48 to 4.31. According to the industry distribution chart, Nippon Ichi Software ranks #68 out of 514 companies in the Interactive Media industry, placing it in the top 13.2%.
Is Nippon Ichi Software's PB Ratio too high?
Nippon Ichi Software's current PB Ratio of 0.57 is 56% below median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 4.31. The Interactive Media industry median PB Ratio is 1.72. Nippon Ichi Software's value of 0.57 is 66.9% below this industry median. Based on the distribution chart, Nippon Ichi Software ranks #68 out of 514 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Nippon Ichi Software has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Ichi Software's PB Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, Nippon Ichi Software ranks #68 out of 514 companies for PB Ratio. This places Nippon Ichi Software in the top 13% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.72. Nippon Ichi Software's value of 0.57 is 66.9% below this benchmark. Historically, Nippon Ichi Software's own PB Ratio has ranged from 0.48 to 4.31 over the past decade. While the company's 10-year median is 1.31 vs. the industry median of 1.72, Nippon Ichi Software 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 an Interactive Media company?
The median PB Ratio among Interactive Media companies is 1.72, based on 514 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. Nippon Ichi Software's current PB Ratio of 0.57 is 66.9% 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 Nippon Ichi Software and its competitors. For the Interactive Media industry, the median PB Ratio is 1.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Ichi Software's current PB Ratio is 0.57, which is 56% below median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Ichi Software stock overvalued right now?
Based on GuruFocus' analysis, Nippon Ichi Software (TSE:3851) is currently considered Significantly Overvalued. The stock's GF Value™ is 円661.72, compared to a current price of 円896.00 — trading 35.4% above its estimated fair value. The current PB Ratio is 0.57, which is 56% below median its 10-year median of 1.31 and 66.9% below the Interactive Media industry median of 1.72. Nippon Ichi Software's overall GF Score™ is 60/100 with 7 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 Nippon Ichi Software (TSE:3851), the current PB Ratio is 0.57 as of Jul. 20, 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 Nippon Ichi Software (TSE:3851) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Ichi Software stock appears to be overvalued. The current stock price of 円896.00 is trading 35.4% above its estimated GF Value™ of 円661.72. GuruFocus considers Nippon Ichi Software to be Significantly Overvalued.

Key valuation signals for TSE:3851:

  • PB Ratio: 0.57 (56% below median its 10-year median of 1.31)
  • GF Value™: 円661.72 vs. price of 円896.00 (35.4% above fair value)
  • GF Score™: 60/100 with 7 warning signs
  • Industry Position: 66.9% below the Interactive Media median (#68 of 514)

No single metric tells the full story. See the TSE:3851 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Ichi Software Business Description

Address 3-17 Tsukiokacho, Sohara, Gifu Prefecture, Kakamigahara, JPN
Nippon Ichi Software Inc is engaged in developing, manufacturing, and selling computer software in Japan and other Asian countries, North America, and Europe. It develops software for consumer game machines, mobile game machines, mobile phones, smartphones, arcades, and produces content of various genres. Its segments include Entertainment Business and Student Dormitories & Other Businesses.
60GF Score

Get the complete analysis for TSE:3851

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

円896.00
Price
円661.72
GF Value