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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
PlanetTSE:2391 +0.33%57 Return-on-Tangible-Equity is 0.00% as of Jan. 2026. GuruFocus rates TSE:2391 with a GF Score™ of 57/100 and a GF Value™ of 円934.82 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,477 Software companies, Planet ranks worse than 54.78% 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. Planet's annualized net income for the quarter that ended in Jan. 2026 was 円0 Mil. Planet's average shareholder tangible equity for the quarter that ended in Jan. 2026 was 円4,926 Mil. Therefore, Planet's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2026 was 0.00%.
The historical rank and industry rank for Planet's Return-on-Tangible-Equity or its related term are showing as below:
TSE:2391'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.29 Med: 11.9 Max: 15.42
Current: 6.29
During the past 13 years, Planet's highest Return-on-Tangible-Equity was 15.42%. The lowest was 6.29%. And the median was 11.90%.
TSE:2391's Return-on-Tangible-Equity is ranked worse than 54.78% of 2477
companies
in the Software industry
Industry Median: 8.83
vs TSE:2391: 6.29
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.
Planet Return-on-Tangible-Equity Related Terms
Planet Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Planet'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.
TSE:2391 vs IBM, ACN, FISV: Return-on-Tangible-Equity Comparison
For the Information Technology Services subindustry, Planet'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.
Planet Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Planet's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Planet's Return-on-Tangible-Equity 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.
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 (Jan. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 0.00% mean?
Planet (TSE:2391) has a Return-on-Tangible-Equity of 0.00% as of Jan. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Planet and its competitors. Over the past decade, Planet's Return-on-Tangible-Equity has ranged from 6.29 to 15.42. According to the industry distribution chart, Planet ranks #1357 out of 2477 companies in the Software industry, placing it in the top 54.8%.
Is Planet's Return-on-Tangible-Equity too high?
Planet's current Return-on-Tangible-Equity is 0.00%. Over the past 10 years, this metric has ranged from a low of 6.29 to a high of 15.42. Based on the distribution chart, Planet ranks #1357 out of 2477 companies in the Software industry, which is below the industry midpoint. Overall, Planet has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Planet's Return-on-Tangible-Equity compare to IBM and ACN?
According to the Software industry distribution chart, Planet ranks #1357 out of 2477 companies for Return-on-Tangible-Equity. This places Planet in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.83. Historically, Planet's own Return-on-Tangible-Equity has ranged from 6.29 to 15.42 over the past decade. 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 Software company?
The median Return-on-Tangible-Equity among Software companies is 8.83, based on 2,477 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. 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 Planet and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Planet's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Planet stock overvalued right now?
Based on GuruFocus' analysis, Planet (TSE:2391) is currently considered Modestly Overvalued. The stock's GF Value™ is 円934.82, compared to a current price of 円1,205.00 — trading 28.9% above its estimated fair value. The current Return-on-Tangible-Equity is 0.00%. Planet's overall GF Score™ is 57/100 with 3 warning signs to review. 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 Planet (TSE:2391), the current Return-on-Tangible-Equity is 0.00% as of Jan. 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 Planet (TSE:2391) Overvalued in 2026?
Based on GuruFocus' analysis, Planet stock appears to be overvalued.
The current stock price of 円1,205.00 is trading 28.9% above its estimated GF Value™ of 円934.82.
GuruFocus considers Planet to be Modestly Overvalued.
Key valuation signals for TSE:2391:
Return-on-Tangible-Equity: 0.00%
GF Value™: 円934.82 vs. price of 円1,205.00 (28.9% above fair value)
No single metric tells the full story. See the TSE:2391 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Planet Inc is engaged in the construction, provision and operation of electronic data interchange (EDI) backbone platform. Services offered by the company include EDI (data exchange), Product database and Buyers' Net. EDI (data exchange) includes electronic data exchange with manufacturers, wholesale businesses and material suppliers such as ordering, shipping, billing/payment. Product database is a service that provides merchandise information registered by manufacturers in the distribution industry from the Internet. Buyers' Net is an information provision service on the Internet that efficiently supports information exchange between manufacturers, wholesale businesses and retailers. It provides information such as product information, industry news and company campaigns.
57GF Score
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