FP Partner (TSE:7388) PB Ratio: 4.97 (As of Jul. 14, 2026) — 14% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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:7388 FP Partner Inc TSE:7388
88 GF Score
Price 円2,230.00
GF Value 円2,965.73
Valuation Modestly Undervalued
! 5 Warning Signs
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What is FP Partner PB Ratio?

FP Partner TSE:7388 +1.04% 88 PB Ratio is 4.97 as of Jul. 14, 2026, which is 14% below its 10-year median of 5.76. GuruFocus rates TSE:7388 with a GF Score™ of 88/100 and a GF Value™ of 円2,965.73 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 500 Insurance companies, FP Partner ranks worse than 91.2% 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), FP Partner's share price is 円2230.00. FP Partner's Book Value per Share for the quarter that ended in Nov. 2025 was 円448.58. Hence, FP Partner's PB Ratio of today is 4.97.

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

TSE:7388' s PB Ratio Range Over the Past 10 Years
Min: 3.92   Med: 5.76   Max: 16.52
Current: 4.97

During the past 6 years, FP Partner's highest PB Ratio was 16.52. The lowest was 3.92. And the median was 5.76.

TSE:7388's PB Ratio is ranked worse than
91.2% of 500 companies
in the Insurance industry
Industry Median: 1.395 vs TSE:7388: 4.97

During the past 12 months, FP Partner's average Book Value Per Share Growth Rate was -1.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 54.20% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of FP Partner was 104.00% per year. The lowest was 10.60% per year. And the median was 63.80% per year.

Back to Basics: PB Ratio


FP Partner  (TSE:7388) 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.


FP Partner PB Ratio Related Terms


FP Partner PB Ratio Historical Data

* Premium members only.

The historical data trend for FP Partner'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.

FP Partner PB Ratio Chart

FP Partner Annual Data
Trend Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
PB Ratio
Get a 7-Day Free Trial 0.00 6.06 9.17 5.52 4.38

FP Partner Quarterly Data
Nov20 Nov21 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 4.98 4.69 4.32 4.38 5.44

TSE:7388 vs MRSH, AON, AJG: PB Ratio Comparison

For the Insurance Brokers subindustry, FP Partner'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.


FP Partner PB Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, FP Partner's PB Ratio distribution charts can be found below:

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


TSE:7388
88GF Score
FP Partner Inc TSE:7388
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FP Partner 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.

FP Partner's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Nov. 2025)
=2230.00/448.578
=4.97

* 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 4.97 mean?
FP Partner (TSE:7388) has a PB Ratio of 4.97 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 FP Partner and its competitors. This is 14% below median its historical median of 5.76. Over the past decade, FP Partner's PB Ratio has ranged from 3.92 to 16.52. According to the industry distribution chart, FP Partner ranks #456 out of 500 companies in the Insurance industry, placing it in the top 91.2%.
Is FP Partner's PB Ratio too high?
FP Partner's current PB Ratio of 4.97 is 14% below median its 10-year median of 5.76. Over the past 10 years, this metric has ranged from a low of 3.92 to a high of 16.52. The Insurance industry median PB Ratio is 1.40. FP Partner's value of 4.97 is 256.3% above this industry median. Based on the distribution chart, FP Partner ranks #456 out of 500 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, FP Partner has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FP Partner's PB Ratio compare to MRSH and AON?
According to the Insurance industry distribution chart, FP Partner ranks #456 out of 500 companies for PB Ratio. This places FP Partner in the lower half of its industry. The industry median PB Ratio is 1.40. FP Partner's value of 4.97 is 256.3% above this benchmark. Historically, FP Partner's own PB Ratio has ranged from 3.92 to 16.52 over the past decade. While the company's 10-year median is 5.76 vs. the industry median of 1.40, FP Partner 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 an Insurance company?
The median PB Ratio among Insurance companies is 1.40, based on 500 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. FP Partner's current PB Ratio of 4.97 is 256.3% 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 FP Partner and its competitors. For the Insurance industry, the median PB Ratio is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FP Partner's current PB Ratio is 4.97, which is 14% below median its own 10-year median of 5.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FP Partner stock overvalued right now?
Based on GuruFocus' analysis, FP Partner (TSE:7388) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,965.73, compared to a current price of 円2,230.00 — trading 24.8% below its estimated fair value. The current PB Ratio is 4.97, which is 14% below median its 10-year median of 5.76 and 256.3% above the Insurance industry median of 1.40. FP Partner's overall GF Score™ is 88/100 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 FP Partner (TSE:7388), the current PB Ratio is 4.97 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 FP Partner (TSE:7388) Overvalued in 2026?

Based on GuruFocus' analysis, FP Partner stock appears to be undervalued. The current stock price of 円2,230.00 is trading 24.8% below its estimated GF Value™ of 円2,965.73. GuruFocus considers FP Partner to be Modestly Undervalued.

Key valuation signals for TSE:7388:

  • PB Ratio: 4.97 (14% below median its 10-year median of 5.76)
  • GF Value™: 円2,965.73 vs. price of 円2,230.00 (24.8% below fair value)
  • GF Score™: 88/100 with 5 warning signs
  • Industry Position: 256.3% above the Insurance median (#456 of 500)

No single metric tells the full story. See the TSE:7388 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FP Partner Business Description

Address 1-5-3 Koraku, 5F Koraku International Building, Bunkyo-ku, Tokyo, JPN, 112-0004
FP Partner Inc is engaged in the Insurance agency business. It offers insurance for individuals and corporations, Financial instruments intermediary service and for housing loan agency business.
88GF Score

Get the complete analysis for TSE:7388

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

円2,230.00
Price
円2,965.73
GF Value