Heroz (TSE:4382) PB Ratio: 2.13 (As of Jul. 15, 2026) — 49% Below Median

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Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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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:4382 Heroz Inc TSE:4382
74 GF Score
Price 円707.00
GF Value 円1,337.09
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Heroz PB Ratio?

Heroz TSE:4382 +2.17% 74 PB Ratio is 2.13 as of Jul. 15, 2026, which is 49% below its 10-year median of 4.18. GuruFocus rates TSE:4382 with a GF Score™ of 74/100 and a GF Value™ of 円1,337.09 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 2,629 Software companies, Heroz ranks better than 57.17% 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 (2026-07-15), Heroz's share price is 円707.00. Heroz's Book Value per Share for the quarter that ended in Apr. 2026 was 円332.45. Hence, Heroz's PB Ratio of today is 2.13.

Good Sign:

Heroz Inc stock PB Ratio (=2.08) is close to 3-year low of 2.08.

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

TSE:4382' s PB Ratio Range Over the Past 10 Years
Min: 1.83   Med: 4.18   Max: 1124.07
Current: 2.13

During the past 11 years, Heroz's highest PB Ratio was 1124.07. The lowest was 1.83. And the median was 4.18.

TSE:4382's PB Ratio is ranked better than
57.17% of 2629 companies
in the Software industry
Industry Median: 2.39 vs TSE:4382: 2.13

During the past 12 months, Heroz's average Book Value Per Share Growth Rate was 8.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -5.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -6.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 43.00% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Heroz was 312.20% per year. The lowest was -10.70% per year. And the median was 21.30% per year.

Back to Basics: PB Ratio


Heroz  (TSE:4382) 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.


Heroz PB Ratio Related Terms


Heroz PB Ratio Historical Data

* Premium members only.

The historical data trend for Heroz'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.

Heroz PB Ratio Chart

Heroz Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.18 2.96 4.49 3.09 2.43

Heroz Semi-Annual Data
Apr16 Apr17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 4.49 3.57 3.09 3.18 2.43

TSE:4382 vs UBER, SHOP, CRM: PB Ratio Comparison

For the Software - Application subindustry, Heroz'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.


Heroz PB Ratio vs Software Industry

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

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


TSE:4382
74GF Score
Heroz Inc TSE:4382
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Heroz 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.

Heroz's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Apr. 2026)
=707.00/332.45
=2.13

* 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 2.13 mean?
Heroz (TSE:4382) has a PB Ratio of 2.13 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Heroz and its competitors. This is 49% below median its historical median of 4.18. Over the past decade, Heroz's PB Ratio has ranged from 1.83 to 1,124.07. According to the industry distribution chart, Heroz ranks #1126 out of 2629 companies in the Software industry, placing it in the top 42.8%.
Is Heroz's PB Ratio too high?
Heroz's current PB Ratio of 2.13 is 49% below median its 10-year median of 4.18. Over the past 10 years, this metric has ranged from a low of 1.83 to a high of 1,124.07. The Software industry median PB Ratio is 2.39. Heroz's value of 2.13 is 10.9% below this industry median. Based on the distribution chart, Heroz ranks #1126 out of 2629 companies in the Software industry, which is above the industry midpoint. Overall, Heroz has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Heroz's PB Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Heroz ranks #1126 out of 2629 companies for PB Ratio. This puts Heroz in the upper half of its industry. The industry median PB Ratio is 2.39. Heroz's value of 2.13 is 10.9% below this benchmark. Historically, Heroz's own PB Ratio has ranged from 1.83 to 1,124.07 over the past decade. While the company's 10-year median is 4.18 vs. the industry median of 2.39, Heroz 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 2.39, 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. Heroz's current PB Ratio of 2.13 is 10.9% 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 Heroz and its competitors. For the Software industry, the median PB Ratio is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heroz's current PB Ratio is 2.13, which is 49% below median its own 10-year median of 4.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heroz stock overvalued right now?
Based on GuruFocus' analysis, Heroz (TSE:4382) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,337.09, compared to a current price of 円707.00 — trading 47.1% below its estimated fair value. The current PB Ratio is 2.13, which is 49% below median its 10-year median of 4.18 and 10.9% below the Software industry median of 2.39. Heroz's overall GF Score™ is 74/100 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 Heroz (TSE:4382), the current PB Ratio is 2.13 as of Jul. 15, 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 Heroz (TSE:4382) Overvalued in 2026?

Based on GuruFocus' analysis, Heroz stock appears to be undervalued. The current stock price of 円707.00 is trading 47.1% below its estimated GF Value™ of 円1,337.09. GuruFocus considers Heroz to be Significantly Undervalued.

Key valuation signals for TSE:4382:

  • PB Ratio: 2.13 (49% below median its 10-year median of 4.18)
  • GF Value™: 円1,337.09 vs. price of 円707.00 (47.1% below fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 10.9% below the Software median (#1126 of 2629)

No single metric tells the full story. See the TSE:4382 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Heroz Business Description

Address 5-31-17, Shiba, 2nd Floor, PMO Tamachi, Minato-ku, Tokyo, JPN, 108-0014
Heroz Inc is engaged in the planning, development, and management of internet services using artificial intelligence.
74GF Score

Get the complete analysis for TSE:4382

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

円707.00
Price
円1,337.09
GF Value