SPARX Group CoTSE:8739 +1.77%91 PB Ratio is 2.32 as of Jul. 04, 2026, which is 1% below its 10-year median of 2.35. GuruFocus rates TSE:8739 with a GF Score™ of 91/100 and a GF Value™ of 円1,992.16 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,600 Asset Management companies, SPARX Group Co ranks worse than 86.88% 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 (2026-07-04), SPARX Group Co's share price is 円2299.00. SPARX Group Co's Book Value per Share for the quarter that ended in Mar. 2026 was 円992.00. Hence, SPARX Group Co's PB Ratio of today is 2.32.
Warning Sign:
SPARX Group Co Ltd stock PB Ratio (=2.18) is close to 2-year high of 2.27.
The historical rank and industry rank for SPARX Group Co's PB Ratio or its related term are showing as below:
TSE:8739'
s PB Ratio Range Over the Past 10 Years
Min: 1.57 Med: 2.35 Max: 4.21
Current: 2.32
During the past 13 years, SPARX Group Co's highest PB Ratio was 4.21. The lowest was 1.57. And the median was 2.35.
TSE:8739's PB Ratio is ranked worse than 86.88% of 1600
companies
in the Asset Management industry
Industry Median: 0.96
vs TSE:8739: 2.32
During the past 12 months, SPARX Group Co's average Book Value Per Share Growth Rate was 17.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 14.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 11.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 10.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of SPARX Group Co was 16.80% per year. The lowest was -31.30% per year. And the median was 8.50% 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.
SPARX Group Co PB Ratio Related Terms
SPARX Group Co PB Ratio Historical Data
* Premium members only.
The historical data trend for SPARX Group Co'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 Asset Management subindustry, SPARX Group Co'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.
SPARX Group Co PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, SPARX Group Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where SPARX Group Co'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.
SPARX Group Co's PB Ratio for today is calculated as follows:
* 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.
SPARX Group Co (TSE:8739) has a PB Ratio of 2.32 as of Jul. 04, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on SPARX Group Co and its competitors. This is near median its historical median of 2.35. Over the past decade, SPARX Group Co's PB Ratio has ranged from 1.57 to 4.21. According to the industry distribution chart, SPARX Group Co ranks #1390 out of 1600 companies in the Asset Management industry, placing it in the top 86.9%.
Is SPARX Group Co's PB Ratio too high?
SPARX Group Co's current PB Ratio of 2.32 is near median its 10-year median of 2.35. Over the past 10 years, this metric has ranged from a low of 1.57 to a high of 4.21. The Asset Management industry median PB Ratio is 0.96. SPARX Group Co's value of 2.32 is 141.7% above this industry median. Based on the distribution chart, SPARX Group Co ranks #1390 out of 1600 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, SPARX Group Co has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SPARX Group Co's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, SPARX Group Co ranks #1390 out of 1600 companies for PB Ratio. This places SPARX Group Co in the lower half of its industry. The industry median PB Ratio is 0.96. SPARX Group Co's value of 2.32 is 141.7% above this benchmark. Historically, SPARX Group Co's own PB Ratio has ranged from 1.57 to 4.21 over the past decade. While the company's 10-year median is 2.35 vs. the industry median of 0.96, SPARX Group Co 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 Asset Management company?
The median PB Ratio among Asset Management companies is 0.96, based on 1,600 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. SPARX Group Co's current PB Ratio of 2.32 is 141.7% 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 SPARX Group Co and its competitors. For the Asset Management industry, the median PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPARX Group Co's current PB Ratio is 2.32, which is near median its own 10-year median of 2.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPARX Group Co stock overvalued right now?
Based on GuruFocus' analysis, SPARX Group Co (TSE:8739) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,992.16, compared to a current price of 円2,299.00 — trading 15.4% above its estimated fair value. The current PB Ratio is 2.32, which is near median its 10-year median of 2.35 and 141.7% above the Asset Management industry median of 0.96. SPARX Group Co's overall GF Score™ is 91/100 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 SPARX Group Co (TSE:8739), the current PB Ratio is 2.32 as of Jul. 04, 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 SPARX Group Co (TSE:8739) Overvalued in 2026?
Based on GuruFocus' analysis, SPARX Group Co stock appears to be overvalued.
The current stock price of 円2,299.00 is trading 15.4% above its estimated GF Value™ of 円1,992.16.
GuruFocus considers SPARX Group Co to be Modestly Overvalued.
Key valuation signals for TSE:8739:
PB Ratio: 2.32 (near median its 10-year median of 2.35)
GF Value™: 円1,992.16 vs. price of 円2,299.00 (15.4% above fair value)
Industry Position: 141.7% above the Asset Management median (#1390 of 1600)
No single metric tells the full story. See the TSE:8739 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SPARX Group Co Ltd is a Japan-based holding company engaged in the Asset Management Business and Investment Advisory Business, through its subsidiaries. It operates a variety of investment strategies through a host of entities. The group invests on behalf of corporate pension annuities, government entities, private and trust banks, and public pension funds. Strategies include Japanese equity, Asia ex-Japan alternatives, and Korean strategies. In addition to mutual fund offerings, the company offers advisory services to customers in Japan. Mutual fund offerings are offered directly or through brokerage houses, banks, and other intermediaries globally.
91GF Score
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