Glome Holdings (TSE:8938) PB Ratio: 0.46 (As of Jul. 14, 2026) — 60% Below Median

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TSE:8938 Glome Holdings Inc TSE:8938
50 GF Score
Price 円367.00
GF Value 円880.39
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Glome Holdings PB Ratio?

Glome Holdings TSE:8938 -1.08% 50 PB Ratio is 0.46 as of Jul. 14, 2026, which is 60% below its 10-year median of 1.14. GuruFocus rates TSE:8938 with a GF Score™ of 50/100 and a GF Value™ of 円880.39 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,715 Real Estate companies, Glome Holdings ranks better than 73% 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), Glome Holdings's share price is 円367.00. Glome Holdings's Book Value per Share for the quarter that ended in Mar. 2026 was 円803.65. Hence, Glome Holdings's PB Ratio of today is 0.46.

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

TSE:8938' s PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 1.14   Max: 3.01
Current: 0.46

During the past 13 years, Glome Holdings's highest PB Ratio was 3.01. The lowest was 0.35. And the median was 1.14.

TSE:8938's PB Ratio is ranked better than
73% of 1715 companies
in the Real Estate industry
Industry Median: 0.81 vs TSE:8938: 0.46

During the past 12 months, Glome Holdings's average Book Value Per Share Growth Rate was -7.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -3.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -1.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Glome Holdings was 20.50% per year. The lowest was -23.90% per year. And the median was 1.30% per year.

Back to Basics: PB Ratio


Glome Holdings  (TSE:8938) 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.


Glome Holdings PB Ratio Related Terms


Glome Holdings PB Ratio Historical Data

* Premium members only.

The historical data trend for Glome Holdings'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.

Glome Holdings PB Ratio Chart

Glome Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.11 1.35 0.76 0.76 0.39

Glome Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.76 0.77 0.76 0.78 0.39

TSE:8938 vs CBRE, BEKE, JLL: PB Ratio Comparison

For the Real Estate Services subindustry, Glome Holdings'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.


Glome Holdings PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Glome Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Glome Holdings's PB Ratio falls into.


TSE:8938
50GF Score
Glome Holdings Inc TSE:8938
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Glome Holdings 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.

Glome Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=367.00/803.646
=0.46

* 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 0.46 mean?
Glome Holdings (TSE:8938) has a PB Ratio of 0.46 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 Glome Holdings and its competitors. This is 60% below median its historical median of 1.14. Over the past decade, Glome Holdings' PB Ratio has ranged from 0.35 to 3.01. According to the industry distribution chart, Glome Holdings ranks #463 out of 1715 companies in the Real Estate industry, placing it in the top 27%.
Is Glome Holdings' PB Ratio too high?
Glome Holdings' current PB Ratio of 0.46 is 60% below median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 3.01. The Real Estate industry median PB Ratio is 0.81. Glome Holdings' value of 0.46 is 43.2% below this industry median. Based on the distribution chart, Glome Holdings ranks #463 out of 1715 companies in the Real Estate industry, which is above the industry midpoint. Overall, Glome Holdings has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Glome Holdings' PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Glome Holdings ranks #463 out of 1715 companies for PB Ratio. This puts Glome Holdings in the upper half of its industry. The industry median PB Ratio is 0.81. Glome Holdings' value of 0.46 is 43.2% below this benchmark. Historically, Glome Holdings' own PB Ratio has ranged from 0.35 to 3.01 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 0.81, Glome Holdings 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.81, based on 1,715 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. Glome Holdings's current PB Ratio of 0.46 is 43.2% 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 Glome Holdings and its competitors. For the Real Estate industry, the median PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Glome Holdings's current PB Ratio is 0.46, which is 60% below median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glome Holdings stock overvalued right now?
Based on GuruFocus' analysis, Glome Holdings (TSE:8938) is currently considered Possible Value Trap. The stock's GF Value™ is 円880.39, compared to a current price of 円367.00 — trading 58.3% below its estimated fair value. The current PB Ratio is 0.46, which is 60% below median its 10-year median of 1.14 and 43.2% below the Real Estate industry median of 0.81. Glome Holdings' overall GF Score™ is 50/100 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 Glome Holdings (TSE:8938), the current PB Ratio is 0.46 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 Glome Holdings (TSE:8938) Overvalued in 2026?

Based on GuruFocus' analysis, Glome Holdings stock appears to be undervalued. The current stock price of 円367.00 is trading 58.3% below its estimated GF Value™ of 円880.39. GuruFocus considers Glome Holdings to be Possible Value Trap.

Key valuation signals for TSE:8938:

  • PB Ratio: 0.46 (60% below median its 10-year median of 1.14)
  • GF Value™: 円880.39 vs. price of 円367.00 (58.3% below fair value)
  • GF Score™: 50/100 with 3 warning signs
  • Industry Position: 43.2% below the Real Estate median (#463 of 1715)

No single metric tells the full story. See the TSE:8938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Glome Holdings Business Description

Address 12-32 Ark Mori Building, 22nd and 24th floors, Minato-ku, Akasaka, Tokyo, JPN, 207-0021
Glome Holdings Inc is engaged providing real estate services which include management of subsidiaries. The company's segments include: Medical-related Business provides the various services mentioned above to alliance medical institutions; and Real estate-related business is engaged in real estate rental operations. It derives maximum revenue from Medical-related Business segment.
50GF Score

Get the complete analysis for TSE:8938

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

円367.00
Price
円880.39
GF Value