for Startups (TSE:7089) PB Ratio: 3.58 (As of Jul. 11, 2026) — Near Median


TSE:7089 for Startups Inc TSE:7089
91 GF Score
Price 円1,528.00
GF Value 円1,279.98
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is for Startups PB Ratio?

for Startups TSE:7089 +0.99% 91 PB Ratio is 3.58 as of Jul. 11, 2026, which is 7% below its 10-year median of 3.85. GuruFocus rates TSE:7089 with a GF Score™ of 91/100 and a GF Value™ of 円1,279.98 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,048 Business Services companies, for Startups ranks worse than 79.29% 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 (2026-07-11), for Startups's share price is 円1528.00. for Startups's Book Value per Share for the quarter that ended in Mar. 2026 was 円426.45. Hence, for Startups's PB Ratio of today is 3.58.

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

TSE:7089' s PB Ratio Range Over the Past 10 Years
Min: 1.4   Med: 3.85   Max: 19.28
Current: 3.58

During the past 9 years, for Startups's highest PB Ratio was 19.28. The lowest was 1.40. And the median was 3.85.

TSE:7089's PB Ratio is ranked worse than
79.29% of 1048 companies
in the Business Services industry
Industry Median: 1.655 vs TSE:7089: 3.58

During the past 12 months, for Startups's average Book Value Per Share Growth Rate was 30.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 19.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 22.10% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of for Startups was 81.20% per year. The lowest was 19.20% per year. And the median was 23.50% per year.

Back to Basics: PB Ratio


for Startups  (TSE:7089) 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.


for Startups PB Ratio Related Terms


for Startups PB Ratio Historical Data

* Premium members only.

The historical data trend for for Startups'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 Startups PB Ratio Chart

for Startups Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only 7.07 3.71 2.02 1.68 2.68

for Startups Semi-Annual Data
Mar18 Mar19 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 2.02 1.78 1.68 2.75 2.68

TSE:7089 vs KFY, RHI, TNET: PB Ratio Comparison

For the Staffing & Employment Services subindustry, for Startups'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.


for Startups PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, for Startups's PB Ratio distribution charts can be found below:

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


TSE:7089
91GF Score
for Startups Inc TSE:7089
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

for Startups 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=1528.00/426.452
=3.58

* 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 3.58 mean?
for Startups (TSE:7089) has a PB Ratio of 3.58 as of Jul. 11, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on for Startups and its competitors. This is near median its historical median of 3.85. Over the past decade, for Startups' PB Ratio has ranged from 1.40 to 19.28. According to the industry distribution chart, for Startups ranks #831 out of 1048 companies in the Business Services industry, placing it in the top 79.3%.
Is for Startups' PB Ratio too high?
for Startups' current PB Ratio of 3.58 is near median its 10-year median of 3.85. Over the past 10 years, this metric has ranged from a low of 1.40 to a high of 19.28. The Business Services industry median PB Ratio is 1.66. for Startups' value of 3.58 is 116.3% above this industry median. Based on the distribution chart, for Startups ranks #831 out of 1048 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, for Startups has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does for Startups' PB Ratio compare to KFY and RHI?
According to the Business Services industry distribution chart, for Startups ranks #831 out of 1048 companies for PB Ratio. This places for Startups in the lower half of its industry. The industry median PB Ratio is 1.66. for Startups' value of 3.58 is 116.3% above this benchmark. Historically, for Startups' own PB Ratio has ranged from 1.40 to 19.28 over the past decade. While the company's 10-year median is 3.85 vs. the industry median of 1.66, for Startups 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 Business Services company?
The median PB Ratio among Business Services companies is 1.66, based on 1,048 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. for Startups's current PB Ratio of 3.58 is 116.3% 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 for Startups and its competitors. For the Business Services industry, the median PB Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. for Startups's current PB Ratio is 3.58, which is near median its own 10-year median of 3.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is for Startups stock overvalued right now?
Based on GuruFocus' analysis, for Startups (TSE:7089) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,279.98, compared to a current price of 円1,528.00 — trading 19.4% above its estimated fair value. The current PB Ratio is 3.58, which is near median its 10-year median of 3.85 and 116.3% above the Business Services industry median of 1.66. for Startups' overall GF Score™ is 91/100 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 for Startups (TSE:7089), the current PB Ratio is 3.58 as of Jul. 11, 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 for Startups (TSE:7089) Overvalued in 2026?

Based on GuruFocus' analysis, for Startups stock appears to be overvalued. The current stock price of 円1,528.00 is trading 19.4% above its estimated GF Value™ of 円1,279.98. GuruFocus considers for Startups to be Modestly Overvalued.

Key valuation signals for TSE:7089:

  • PB Ratio: 3.58 (near median its 10-year median of 3.85)
  • GF Value™: 円1,279.98 vs. price of 円1,528.00 (19.4% above fair value)
  • GF Score™: 91/100 with 4 warning signs
  • Industry Position: 116.3% above the Business Services median (#831 of 1048)

No single metric tells the full story. See the TSE:7089 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


for Startups Business Description

Address Izumi Garden Tower 36th Floor, 1-6-1 Roppongi, Minato-ku, Tokyo, JPN, 106-6036
for Startups Inc offers support to startup companies.
91GF Score

Get the complete analysis for TSE:7089

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

円1,528.00
Price
円1,279.98
GF Value