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AbalanceTSE:3856 +10.43%66 PB Ratio is 0.11 as of Aug. 31, 2026, which is 95% below its 10-year median of 2.38. GuruFocus rates TSE:3856 with a GF Score™ of 66/100 and a GF Value™ of 円835.13 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,632 Software companies, Abalance ranks better than 99.2% 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 (2026-08-31), Abalance's share price is 円233.00. Abalance's Book Value per Share for the quarter that ended in Mar. 2026 was 円2,211.39. Hence, Abalance's PB Ratio of today is 0.11.
Good Sign:
Abalance Corp stock PB Ratio (=0.1) is close to 10-year low of 0.1.
The historical rank and industry rank for Abalance's PB Ratio or its related term are showing as below:
TSE:3856'
s PB Ratio Range Over the Past 10 Years
Min: 0.1 Med: 2.38 Max: 17.48
Current: 0.11
During the past 13 years, Abalance's highest PB Ratio was 17.48. The lowest was 0.10. And the median was 2.38.
TSE:3856's PB Ratio is ranked better than 99.2% of 2632
companies
in the Software industry
Industry Median: 2.52
vs TSE:3856: 0.11
During the past 12 months, Abalance's average Book Value Per Share Growth Rate was 70.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 75.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 63.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 34.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Abalance was 107.40% per year. The lowest was -18.10% per year. And the median was 25.00% 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.
Abalance PB Ratio Related Terms
Abalance PB Ratio Historical Data
* Premium members only.
The historical data trend for Abalance'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, Abalance'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.
Abalance PB Ratio vs Software Industry
For the Software industry and Technology sector, Abalance's PB Ratio distribution charts can be found below:
* The bar in red indicates where Abalance'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.
Abalance'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.
Abalance (TSE:3856) has a PB Ratio of 0.11 as of Aug. 31, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Abalance and its competitors. This is 95% below median its historical median of 2.38. Over the past decade, Abalance's PB Ratio has ranged from 0.10 to 17.48. According to the industry distribution chart, Abalance ranks #21 out of 2632 companies in the Software industry, placing it in the top 0.8%.
Is Abalance's PB Ratio too high?
Abalance's current PB Ratio of 0.11 is 95% below median its 10-year median of 2.38. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 17.48. The Software industry median PB Ratio is 2.52. Abalance's value of 0.11 is 95.6% below this industry median. Based on the distribution chart, Abalance ranks #21 out of 2632 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Abalance has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Abalance's PB Ratio compare to CRM and SHOP?
According to the Software industry distribution chart, Abalance ranks #21 out of 2632 companies for PB Ratio. This places Abalance in the top 1% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.52. Abalance's value of 0.11 is 95.6% below this benchmark. Historically, Abalance's own PB Ratio has ranged from 0.10 to 17.48 over the past decade. While the company's 10-year median is 2.38 vs. the industry median of 2.52, Abalance 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 2.52, based on 2,632 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. Abalance's current PB Ratio of 0.11 is 95.6% 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 Abalance and its competitors. For the Software industry, the median PB Ratio is 2.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Abalance's current PB Ratio is 0.11, which is 95% below median its own 10-year median of 2.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abalance stock overvalued right now?
Based on GuruFocus' analysis, Abalance (TSE:3856) is currently considered Possible Value Trap. The stock's GF Value™ is 円835.13, compared to a current price of 円233.00 — trading 72.1% below its estimated fair value. The current PB Ratio is 0.11, which is 95% below median its 10-year median of 2.38 and 95.6% below the Software industry median of 2.52. Abalance's overall GF Score™ is 66/100 with 4 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 Abalance (TSE:3856), the current PB Ratio is 0.11 as of Aug. 31, 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 Abalance (TSE:3856) Overvalued in 2026?
Based on GuruFocus' analysis, Abalance stock appears to be undervalued.
The current stock price of 円233.00 is trading 72.1% below its estimated GF Value™ of 円835.13.
GuruFocus considers Abalance to be Possible Value Trap.
Key valuation signals for TSE:3856:
PB Ratio: 0.11 (95% below median its 10-year median of 2.38)
GF Value™: 円835.13 vs. price of 円233.00 (72.1% below fair value)
Industry Position: 95.6% below the Software median (#21 of 2632)
No single metric tells the full story. See the TSE:3856 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Abalance Corp is a Japan-based software company. It operates in three business divisions including Information technology (IT) division that provides outsourcing services and consulting, Solar power generation division is engaged in planning, manufacturing, import, export, and sale of products related to solar power generation system, smart grid system, and Construction machine sales business is engaged in the leasing and rental business of construction equipment in the Japan and overseas markets.
66GF Score
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