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Starts PublishingTSE:7849 -0.43%86 PB Ratio is 1.26 as of Jul. 14, 2026, which is 8% above its 10-year median of 1.17. GuruFocus rates TSE:7849 with a GF Score™ of 86/100 and a GF Value™ of 円3,954.10 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 924 Media - Diversified companies, Starts Publishing ranks better than 51.3% 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), Starts Publishing's share price is 円3490.00. Starts Publishing's Book Value per Share for the quarter that ended in Dec. 2025 was 円2,780.04. Hence, Starts Publishing's PB Ratio of today is 1.26.
Good Sign:
Starts Publishing Corp stock PB Ratio (=1.26) is close to 3-year low of 1.15.
The historical rank and industry rank for Starts Publishing's PB Ratio or its related term are showing as below:
TSE:7849'
s PB Ratio Range Over the Past 10 Years
Min: 0.75 Med: 1.17 Max: 2.71
Current: 1.25
During the past 13 years, Starts Publishing's highest PB Ratio was 2.71. The lowest was 0.75. And the median was 1.17.
TSE:7849's PB Ratio is ranked better than 51.3% of 924
companies
in the Media - Diversified industry
Industry Median: 1.3
vs TSE:7849: 1.25
During the past 12 months, Starts Publishing's average Book Value Per Share Growth Rate was 10.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 19.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 19.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 12.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Starts Publishing was 22.80% per year. The lowest was 5.90% per year. And the median was 8.40% 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.
Starts Publishing PB Ratio Related Terms
Starts Publishing PB Ratio Historical Data
* Premium members only.
The historical data trend for Starts Publishing'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 the Publishing subindustry, Starts Publishing'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.
Starts Publishing PB Ratio vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Starts Publishing's PB Ratio distribution charts can be found below:
* The bar in red indicates where Starts Publishing'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.
* 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.
Starts Publishing (TSE:7849) has a PB Ratio of 1.26 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 Starts Publishing and its competitors. This is near median its historical median of 1.17. Over the past decade, Starts Publishing's PB Ratio has ranged from 0.75 to 2.71. According to the industry distribution chart, Starts Publishing ranks #450 out of 924 companies in the Media - Diversified industry, placing it in the top 48.7%.
Is Starts Publishing's PB Ratio too high?
Starts Publishing's current PB Ratio of 1.26 is near median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 2.71. The Media - Diversified industry median PB Ratio is 1.30. Starts Publishing's value of 1.26 is 3.1% below this industry median. Based on the distribution chart, Starts Publishing ranks #450 out of 924 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Starts Publishing has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Starts Publishing's PB Ratio compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Starts Publishing ranks #450 out of 924 companies for PB Ratio. This puts Starts Publishing in the upper half of its industry. The industry median PB Ratio is 1.30. Starts Publishing's value of 1.26 is 3.1% below this benchmark. Historically, Starts Publishing's own PB Ratio has ranged from 0.75 to 2.71 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 1.30, Starts Publishing 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 Media - Diversified company?
The median PB Ratio among Media - Diversified companies is 1.30, based on 924 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. Starts Publishing's current PB Ratio of 1.26 is 3.1% 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 Starts Publishing and its competitors. For the Media - Diversified industry, the median PB Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starts Publishing's current PB Ratio is 1.26, which is near median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starts Publishing stock overvalued right now?
Based on GuruFocus' analysis, Starts Publishing (TSE:7849) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,954.10, compared to a current price of 円3,490.00 — trading 11.7% below its estimated fair value. The current PB Ratio is 1.26, which is near median its 10-year median of 1.17 and 3.1% below the Media - Diversified industry median of 1.30. Starts Publishing's overall GF Score™ is 86/100 with 2 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 Starts Publishing (TSE:7849), the current PB Ratio is 1.26 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 Starts Publishing (TSE:7849) Overvalued in 2026?
Based on GuruFocus' analysis, Starts Publishing stock appears to be undervalued.
The current stock price of 円3,490.00 is trading 11.7% below its estimated GF Value™ of 円3,954.10.
GuruFocus considers Starts Publishing to be Modestly Undervalued.
Key valuation signals for TSE:7849:
PB Ratio: 1.26 (near median its 10-year median of 1.17)
GF Value™: 円3,954.10 vs. price of 円3,490.00 (11.7% below fair value)
Industry Position: 3.1% below the Media - Diversified median (#450 of 924)
No single metric tells the full story. See the TSE:7849 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Starts Publishing Corp is engaged in Tokyo marketing domain which include event planning and management and sales to publishing store, and post contents of the domain. Its segments include: Book content business; and Media Solutions Business. It derives maximum revenue from Book content business segment.
86GF Score
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