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Change HoldingsTSE:3962 +0.42%69 PEG Ratio is 0.37 as of Jul. 14, 2026, which is 34% below its 10-year median of 0.56. GuruFocus rates TSE:3962 with a GF Score™ of 69/100 and a GF Value™ of 円1,878.72 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 817 Software companies, Change Holdings ranks better than 89.96% on this metric.
* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
The historical rank and industry rank for Change Holdings's PEG Ratio or its related term are showing as below:
TSE:3962'
s PEG Ratio Range Over the Past 10 Years
Min: 0.08 Med: 0.56 Max: 3.24
Current: 0.37
During the past 11 years, Change Holdings's highest PEG Ratio was 3.24. The lowest was 0.08. And the median was 0.56.
TSE:3962's PEG Ratio is ranked better than 89.96% of 817
companies
in the Software industry
Industry Median: 1.34
vs TSE:3962: 0.37
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
Change Holdings (TSE:3962) PEG Ratio Explanation
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.
Change Holdings PEG Ratio Related Terms
Change Holdings PEG Ratio Historical Data
* Premium members only.
The historical data trend for Change Holdings's PEG 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 Information Technology Services subindustry, Change Holdings's PEG Ratio, along with its competitors' market caps and PEG 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.
Change Holdings PEG Ratio vs Software Industry
For the Software industry and Technology sector, Change Holdings's PEG Ratio distribution charts can be found below:
* The bar in red indicates where Change Holdings's PEG Ratio falls into.
* 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.
* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
Change Holdings (TSE:3962) has a PEG Ratio of 0.37 as of Jul. 14, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Change Holdings and its competitors. This is 34% below median its historical median of 0.56. Over the past decade, Change Holdings' PEG Ratio has ranged from 0.08 to 3.24. According to the industry distribution chart, Change Holdings ranks #82 out of 817 companies in the Software industry, placing it in the top 10%.
Is Change Holdings' PEG Ratio too high?
Change Holdings' current PEG Ratio of 0.37 is 34% below median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 3.24. The Software industry median PEG Ratio is 1.34. Change Holdings' value of 0.37 is 72.4% below this industry median. Based on the distribution chart, Change Holdings ranks #82 out of 817 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Change Holdings has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Change Holdings' PEG Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Change Holdings ranks #82 out of 817 companies for PEG Ratio. This places Change Holdings in the top 10% of its industry — outperforming the majority of peers. The industry median PEG Ratio is 1.34. Change Holdings' value of 0.37 is 72.4% below this benchmark. Historically, Change Holdings' own PEG Ratio has ranged from 0.08 to 3.24 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 1.34, Change 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 PEG Ratio for a Software company?
The median PEG Ratio among Software companies is 1.34, based on 817 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Change Holdings's current PEG Ratio of 0.37 is 72.4% 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 PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Change Holdings and its competitors. For the Software industry, the median PEG Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Change Holdings's current PEG Ratio is 0.37, which is 34% below median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Change Holdings stock overvalued right now?
Based on GuruFocus' analysis, Change Holdings (TSE:3962) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,878.72, compared to a current price of 円959.00 — trading 49% below its estimated fair value. The current PEG Ratio is 0.37, which is 34% below median its 10-year median of 0.56 and 72.4% below the Software industry median of 1.34. Change Holdings' overall GF Score™ is 69/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Change Holdings (TSE:3962), the current PEG Ratio is 0.37 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 Change Holdings (TSE:3962) Overvalued in 2026?
Based on GuruFocus' analysis, Change Holdings stock appears to be undervalued.
The current stock price of 円959.00 is trading 49% below its estimated GF Value™ of 円1,878.72.
GuruFocus considers Change Holdings to be Significantly Undervalued.
Key valuation signals for TSE:3962:
PEG Ratio: 0.37 (34% below median its 10-year median of 0.56)
GF Value™: 円1,878.72 vs. price of 円959.00 (49% below fair value)
Industry Position: 72.4% below the Software median (#82 of 817)
No single metric tells the full story. See the TSE:3962 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Change Holdings Inc provides mobility, IoT (Internet of Things) data, security and IT human resources training services. It segments are: Public Tech and NEW-IT Transformation Business. The Public Tech segment covers local government support projects that aims to realize high value-added resident services by utilizing ICT technology to promote the improvement of local government business productivity. The NEW-IT Transformation Business segment promotes digital transformation through various algorithms such as AI, voice Internet, mobility, IoT, cloud, security, services utilizing basic technology, and training for digital human resources. It also provides digital transformation solutions by combining libraries based on customer needs to realize customer digital transformation.
69GF Score
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