Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
Hatena CoTSE:3930 -0.88%70 PB Ratio is 1.60 as of Jul. 14, 2026, which is 14% below its 10-year median of 1.86. GuruFocus rates TSE:3930 with a GF Score™ of 70/100 and a GF Value™ of 円775.66 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 514 Interactive Media companies, Hatena Co ranks better than 52.92% 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 (2026-07-14), Hatena Co's share price is 円1130.00. Hatena Co's Book Value per Share for the quarter that ended in Apr. 2026 was 円706.60. Hence, Hatena Co's PB Ratio of today is 1.60.
Warning Sign:
Hatena Co Ltd stock PB Ratio (=1.61) is close to 3-year high of 1.75.
The historical rank and industry rank for Hatena Co's PB Ratio or its related term are showing as below:
TSE:3930'
s PB Ratio Range Over the Past 10 Years
Min: 0.83 Med: 1.86 Max: 8.51
Current: 1.6
During the past 11 years, Hatena Co's highest PB Ratio was 8.51. The lowest was 0.83. And the median was 1.86.
TSE:3930's PB Ratio is ranked better than 52.92% of 514
companies
in the Interactive Media industry
Industry Median: 1.71
vs TSE:3930: 1.60
During the past 12 months, Hatena Co's average Book Value Per Share Growth Rate was -24.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 5.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 13.20% per year.
During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Hatena Co was 35.90% per year. The lowest was 4.30% per year. And the median was 10.40% 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.
Hatena Co PB Ratio Related Terms
Hatena Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Hatena 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.
TSE:3930 vs GOOGL, META, SPOT: PB Ratio Comparison
For the Internet Content & Information subindustry, Hatena 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.
Hatena Co PB Ratio vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Hatena Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Hatena Co'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.
Hatena Co'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.
Hatena Co (TSE:3930) has a PB Ratio of 1.60 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hatena Co and its competitors. This is 14% below median its historical median of 1.86. Over the past decade, Hatena Co's PB Ratio has ranged from 0.83 to 8.51. According to the industry distribution chart, Hatena Co ranks #242 out of 514 companies in the Interactive Media industry, placing it in the top 47.1%.
Is Hatena Co's PB Ratio too high?
Hatena Co's current PB Ratio of 1.60 is 14% below median its 10-year median of 1.86. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 8.51. The Interactive Media industry median PB Ratio is 1.71. Hatena Co's value of 1.60 is 6.4% below this industry median. Based on the distribution chart, Hatena Co ranks #242 out of 514 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Hatena Co has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hatena Co's PB Ratio compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Hatena Co ranks #242 out of 514 companies for PB Ratio. This puts Hatena Co in the upper half of its industry. The industry median PB Ratio is 1.71. Hatena Co's value of 1.60 is 6.4% below this benchmark. Historically, Hatena Co's own PB Ratio has ranged from 0.83 to 8.51 over the past decade. While the company's 10-year median is 1.86 vs. the industry median of 1.71, Hatena Co 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 1.71, 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. Hatena Co's current PB Ratio of 1.60 is 6.4% 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 Hatena Co and its competitors. For the Interactive Media industry, the median PB Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hatena Co's current PB Ratio is 1.60, which is 14% below median its own 10-year median of 1.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hatena Co stock overvalued right now?
Based on GuruFocus' analysis, Hatena Co (TSE:3930) is currently considered Significantly Overvalued. The stock's GF Value™ is 円775.66, compared to a current price of 円1,130.00 — trading 45.7% above its estimated fair value. The current PB Ratio is 1.60, which is 14% below median its 10-year median of 1.86 and 6.4% below the Interactive Media industry median of 1.71. Hatena Co's overall GF Score™ is 70/100 with 5 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 Hatena Co (TSE:3930), the current PB Ratio is 1.60 as of Jul. 14, 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 Hatena Co (TSE:3930) Overvalued in 2026?
Based on GuruFocus' analysis, Hatena Co stock appears to be overvalued.
The current stock price of 円1,130.00 is trading 45.7% above its estimated GF Value™ of 円775.66.
GuruFocus considers Hatena Co to be Significantly Overvalued.
Key valuation signals for TSE:3930:
PB Ratio: 1.60 (14% below median its 10-year median of 1.86)
GF Value™: 円775.66 vs. price of 円1,130.00 (45.7% above fair value)
Industry Position: 6.4% below the Interactive Media median (#242 of 514)
No single metric tells the full story. See the TSE:3930 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hatena Co Ltd provides internet content platform services and content marketing services technology solutions. Its content platform services include the blog, bookmark services, and shared dictionary service.
70GF Score
Get the complete analysis for TSE:3930
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:3930 has been successfully added to your 
