Double Standard (TSE:3925) PB Ratio: 2.49 (As of Jul. 22, 2026) — 77% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Charlie Tian
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:3925 Double Standard Inc TSE:3925
71 GF Score
Price 円1,229.00
GF Value 円1,563.59
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Double Standard PB Ratio?

Double Standard TSE:3925 +0.74% 71 PB Ratio is 2.49 as of Jul. 22, 2026, which is 77% below its 10-year median of 11.01. GuruFocus rates TSE:3925 with a GF Score™ of 71/100 and a GF Value™ of 円1,563.59 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,635 Software companies, Double Standard ranks worse than 52.03% 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 (2026-07-22), Double Standard's share price is 円1229.00. Double Standard's Book Value per Share for the quarter that ended in Mar. 2026 was 円494.19. Hence, Double Standard's PB Ratio of today is 2.49.

Good Sign:

Double Standard Inc stock PB Ratio (=2.41) is close to 10-year low of 2.33.

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

TSE:3925' s PB Ratio Range Over the Past 10 Years
Min: 2.33   Med: 11.01   Max: 32.47
Current: 2.49

During the past 12 years, Double Standard's highest PB Ratio was 32.47. The lowest was 2.33. And the median was 11.01.

TSE:3925's PB Ratio is ranked worse than
52.03% of 2635 companies
in the Software industry
Industry Median: 2.37 vs TSE:3925: 2.49

During the past 12 months, Double Standard's average Book Value Per Share Growth Rate was 4.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 20.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 23.70% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Double Standard was 71.50% per year. The lowest was 13.60% per year. And the median was 25.70% per year.

Back to Basics: PB Ratio


Double Standard  (TSE:3925) 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.


Double Standard PB Ratio Related Terms


Double Standard PB Ratio Historical Data

* Premium members only.

The historical data trend for Double Standard'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.

Double Standard PB Ratio Chart

Double Standard 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 8.28 6.16 4.56 3.12 2.76

Double Standard 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 4.56 3.80 3.12 4.00 2.76

TSE:3925 vs IBM, ACN, FISV: PB Ratio Comparison

For the Information Technology Services subindustry, Double Standard'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.


Double Standard PB Ratio vs Software Industry

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

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


TSE:3925
71GF Score
Double Standard Inc TSE:3925
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Double Standard 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.

Double Standard's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=1229.00/494.189
=2.49

* 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 2.49 mean?
Double Standard (TSE:3925) has a PB Ratio of 2.49 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Double Standard and its competitors. This is 77% below median its historical median of 11.01. Over the past decade, Double Standard's PB Ratio has ranged from 2.33 to 32.47. According to the industry distribution chart, Double Standard ranks #1371 out of 2635 companies in the Software industry, placing it in the top 52%.
Is Double Standard's PB Ratio too high?
Double Standard's current PB Ratio of 2.49 is 77% below median its 10-year median of 11.01. Over the past 10 years, this metric has ranged from a low of 2.33 to a high of 32.47. The Software industry median PB Ratio is 2.37. Double Standard's value of 2.49 is 5.1% above this industry median. Based on the distribution chart, Double Standard ranks #1371 out of 2635 companies in the Software industry, which is below the industry midpoint. Overall, Double Standard has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Double Standard's PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Double Standard ranks #1371 out of 2635 companies for PB Ratio. This places Double Standard in the lower half of its industry. The industry median PB Ratio is 2.37. Double Standard's value of 2.49 is 5.1% above this benchmark. Historically, Double Standard's own PB Ratio has ranged from 2.33 to 32.47 over the past decade. While the company's 10-year median is 11.01 vs. the industry median of 2.37, Double Standard 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 2.37, based on 2,635 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. Double Standard's current PB Ratio of 2.49 is 5.1% 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 Double Standard and its competitors. For the Software industry, the median PB Ratio is 2.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Double Standard's current PB Ratio is 2.49, which is 77% below median its own 10-year median of 11.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Double Standard stock overvalued right now?
Based on GuruFocus' analysis, Double Standard (TSE:3925) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,563.59, compared to a current price of 円1,229.00 — trading 21.4% below its estimated fair value. The current PB Ratio is 2.49, which is 77% below median its 10-year median of 11.01 and 5.1% above the Software industry median of 2.37. Double Standard'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 Double Standard (TSE:3925), the current PB Ratio is 2.49 as of Jul. 22, 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 Double Standard (TSE:3925) Overvalued in 2026?

Based on GuruFocus' analysis, Double Standard stock appears to be undervalued. The current stock price of 円1,229.00 is trading 21.4% below its estimated GF Value™ of 円1,563.59. GuruFocus considers Double Standard to be Modestly Undervalued.

Key valuation signals for TSE:3925:

  • PB Ratio: 2.49 (77% below median its 10-year median of 11.01)
  • GF Value™: 円1,563.59 vs. price of 円1,229.00 (21.4% below fair value)
  • GF Score™: 71/100 with 2 warning signs
  • Industry Position: 5.1% above the Software median (#1371 of 2635)

No single metric tells the full story. See the TSE:3925 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Double Standard Business Description

Address 2-2-3 Minamiaoyama, 4th Floor, Hulic Aoyama Gaien Higashidori Building, Minato-ku, Tokyo, JPN, 107-0062
Double Standard Inc is a business support company that generates and provides enterprise Big data. It also provides service planning and system development services using technology developed in the data generation process. The company operates through two business divisions: Big Data related business and the Services Planning Development business. The Big Data related business mainly provides customers the data related to operation support and business reduction, as well as the high utilization value content, among others. The Services Planning Development business mainly provides services based on the research of the way customer and enterprise business process, using information collection, processing, and matching, as well as data cleansing technology.
71GF Score

Get the complete analysis for TSE:3925

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

円1,229.00
Price
円1,563.59
GF Value