Free Style (TSE:528A) PB Ratio: 3.79 (As of Jul. 16, 2026)

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TSE:528A Free Style Inc TSE:528A
9 GF Score
Price 円1,080.00
! 3 Warning Signs
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What is Free Style PB Ratio?

Free Style TSE:528A 9 PB Ratio is 3.79 as of Jul. 16, 2026. GuruFocus rates TSE:528A with a GF Score™ of 9/100. The stock has 3 warning signs investors should review.

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 (2026-07-16), Free Style's share price is 円1080.00. Free Style's Book Value per Share for the quarter that ended in Sep. 2025 was 円284.84. Hence, Free Style's PB Ratio of today is 3.79.

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

TSE:528A' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 3.79
Current: 3.79

During the past 2 years, Free Style's highest PB Ratio was 3.79. The lowest was 0.00. And the median was 0.00.

TSE:528A's PB Ratio is not ranked
in the Software industry.
Industry Median: 2.42 vs TSE:528A: 3.79

During the past 12 months, Free Style's average Book Value Per Share Growth Rate was 15.60% per year.

Back to Basics: PB Ratio

Free Style  (TSE:528A) 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.

Free Style PB Ratio Related Terms

Free Style PB Ratio Historical Data

* Premium members only.

The historical data trend for Free Style'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.

Free Style PB Ratio Chart

Free Style Annual Data
Trend Mar24 Mar25
PB Ratio
0.00 0.00

Free Style Semi-Annual Data
Mar24 Mar25 Sep25
PB Ratio 0.00 0.00 0.00

TSE:528A vs UBER, CRM, SHOP: PB Ratio Comparison

For the Software - Application subindustry, Free Style'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.

Free Style PB Ratio vs Software Industry

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

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


TSE:528A
9GF Score
Free Style Inc TSE:528A
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Free Style 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.

Free Style's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2025)
=1080.00/284.841
=3.79

* 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:

PB Ratio=Market Cap /(Total Stockholders Equity-Preferred Stock)

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 3.79 mean?
Free Style (TSE:528A) has a PB Ratio of 3.79 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Free Style and its competitors.
Is Free Style's PB Ratio too high?
Free Style's current PB Ratio is 3.79. The Software industry median PB Ratio is 2.42. Free Style's value of 3.79 is 56.6% above this industry median. Overall, Free Style has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Free Style's PB Ratio compare to UBER and CRM?
Free Style's PB Ratio of 3.79 can be compared against companies in the Software industry. The industry median PB Ratio is 2.42. Free Style's value of 3.79 is 56.6% above this benchmark. 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 2.42, 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. Free Style's current PB Ratio of 3.79 is 56.6% 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 Free Style and its competitors. For the Software industry, the median PB Ratio is 2.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Free Style's current PB Ratio is 3.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Free Style stock overvalued right now?
Free Style (TSE:528A) has a current PB Ratio of 3.79. The current PB Ratio is 3.79 and 56.6% above the Software industry median of 2.42. Free Style's overall GF Score™ is 9/100 with 3 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 Free Style (TSE:528A), the current PB Ratio is 3.79 as of Jul. 16, 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.

Free Style Business Description

Address 1-5-13, Nishiki, 9th floor of ORIX Nagoya Nishiki Building, Aichi Prefecture, Nagoya, JPN, 460-0003
Free Style Inc is engaged in Software Development and Staffing Services. The IT Solutions Division provides a variety of services such as network infrastructure development, operation, maintenance, server and system construction, and program development. The company is also engaged in the Contract Development Business and Game Development Business.
9GF Score

Get the complete analysis for TSE:528A

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

円1,080.00
Price