Persol Holdings Co (TSE:2181) Return-on-Tangible-Equity: 54.14% (As of Mar. 2026) — 50% Above Median


TSE:2181 Persol Holdings Co Ltd TSE:2181
86 GF Score
Price 円255.30
GF Value 円295.35
Valuation Modestly Undervalued
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What is Persol Holdings Co Return-on-Tangible-Equity?

Persol Holdings Co TSE:2181 -0.74% 86 Return-on-Tangible-Equity is 54.14% as of Mar. 2026, which is 50% above its 10-year median of 35.99. GuruFocus rates TSE:2181 with a GF Score™ of 86/100 and a GF Value™ of 円295.35 (Modestly Undervalued). Among 1,009 Business Services companies, Persol Holdings Co ranks better than 87.12% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Persol Holdings Co's annualized net income for the quarter that ended in Mar. 2026 was 円33,200 Mil. Persol Holdings Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円61,324 Mil. Therefore, Persol Holdings Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 54.14%.

The historical rank and industry rank for Persol Holdings Co's Return-on-Tangible-Equity or its related term are showing as below:

TSE:2181' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 19.9   Med: 35.99   Max: 108.6
Current: 60.8

During the past 13 years, Persol Holdings Co's highest Return-on-Tangible-Equity was 108.60%. The lowest was 19.90%. And the median was 35.99%.

TSE:2181's Return-on-Tangible-Equity is ranked better than
87.12% of 1009 companies
in the Business Services industry
Industry Median: 10.57 vs TSE:2181: 60.80

Persol Holdings Co  (TSE:2181) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Persol Holdings Co Return-on-Tangible-Equity Related Terms


Persol Holdings Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Persol Holdings Co's Return-on-Tangible-Equity 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.

Persol Holdings Co Return-on-Tangible-Equity Chart

Persol Holdings Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.06 32.13 35.34 43.56 62.52

Persol Holdings Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity 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 24.15 60.15 67.67 57.95 54.14

TSE:2181 vs KFY, RHI, TNET: Return-on-Tangible-Equity Comparison

For the Staffing & Employment Services subindustry, Persol Holdings Co's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Persol Holdings Co Return-on-Tangible-Equity vs Business Services Industry

For the Business Services industry and Industrials sector, Persol Holdings Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Persol Holdings Co's Return-on-Tangible-Equity falls into.


TSE:2181
86GF Score
Persol Holdings Co Ltd TSE:2181
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Persol Holdings Co Return-on-Tangible-Equity Calculation

Persol Holdings Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=42688/( (71024+65539 )/ 2 )
=42688/68281.5
=62.52 %

Persol Holdings Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=33200/( (57109+65539)/ 2 )
=33200/61324
=54.14 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 54.14% mean?
Persol Holdings Co (TSE:2181) has a Return-on-Tangible-Equity of 54.14% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Persol Holdings Co and its competitors. This is 50% above median its historical median of 35.99. Over the past decade, Persol Holdings Co's Return-on-Tangible-Equity has ranged from 19.90 to 108.60. According to the industry distribution chart, Persol Holdings Co ranks #130 out of 1009 companies in the Business Services industry, placing it in the top 12.9%.
Is Persol Holdings Co's Return-on-Tangible-Equity too high?
Persol Holdings Co's current Return-on-Tangible-Equity of 54.14% is 50% above median its 10-year median of 35.99. Over the past 10 years, this metric has ranged from a low of 19.90 to a high of 108.60. The Business Services industry median Return-on-Tangible-Equity is 10.57. Persol Holdings Co's value of 54.14% is 412.2% above this industry median. Based on the distribution chart, Persol Holdings Co ranks #130 out of 1009 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Persol Holdings Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Persol Holdings Co's Return-on-Tangible-Equity compare to KFY and RHI?
According to the Business Services industry distribution chart, Persol Holdings Co ranks #130 out of 1009 companies for Return-on-Tangible-Equity. This places Persol Holdings Co in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 10.57. Persol Holdings Co's value of 54.14% is 412.2% above this benchmark. Historically, Persol Holdings Co's own Return-on-Tangible-Equity has ranged from 19.90 to 108.60 over the past decade. While the company's 10-year median is 35.99 vs. the industry median of 10.57, Persol Holdings 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 Return-on-Tangible-Equity for a Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.57, based on 1,009 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Persol Holdings Co's current Return-on-Tangible-Equity of 54.14% is 412.2% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Persol Holdings Co and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Persol Holdings Co's current Return-on-Tangible-Equity is 54.14%, which is 50% above median its own 10-year median of 35.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Persol Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Persol Holdings Co (TSE:2181) is currently considered Modestly Undervalued. The stock's GF Value™ is 円295.35, compared to a current price of 円255.30 — trading 13.6% below its estimated fair value. The current Return-on-Tangible-Equity is 54.14%, which is 50% above median its 10-year median of 35.99 and 412.2% above the Business Services industry median of 10.57. Persol Holdings Co's overall GF Score™ is 86/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Persol Holdings Co (TSE:2181), the current Return-on-Tangible-Equity is 54.14% as of Mar. 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 Persol Holdings Co (TSE:2181) Overvalued in 2026?

Based on GuruFocus' analysis, Persol Holdings Co stock appears to be undervalued. The current stock price of 円255.30 is trading 13.6% below its estimated GF Value™ of 円295.35. GuruFocus considers Persol Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:2181:

  • Return-on-Tangible-Equity: 54.14% (50% above median its 10-year median of 35.99)
  • GF Value™: 円295.35 vs. price of 円255.30 (13.6% below fair value)
  • GF Score™: 86/100
  • Industry Position: 412.2% above the Business Services median (#130 of 1009)

No single metric tells the full story. See the TSE:2181 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Persol Holdings Co Business Description

Address 2-1-1 Yoyogi, Shibuya-ku, Tokyo, JPN, 151-0053
Persol Holdings Co Ltd is a Japan-based company engaged in the provision of staffing and HR-related services. Its services include temporary staffing, recruitment, media, outsourcing, and job creation in a range of industries. The company's segments include Asia Pacific; Business Process Outsourcing (BPO); Career; Staffing; Technology; and Others. It generates the majority of its revenue from the Staffing segment, which is engaged in the temporary staffing business for a wide range of industries, mainly in the administrative field, mainly in Japan.
86GF Score

Get the complete analysis for TSE:2181

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円255.30
Price
円295.35
GF Value