Mie Co (NGO:3442) ROE % Adjusted to Book Value: 26.27% (As of Mar. 2026)

Mie Co NGO:3442 +2.62% 66 ROE % Adjusted to Book Value is 26.27% as of Mar. 2026. GuruFocus rates NGO:3442 with a GF Score™ of 66/100 and a GF Value™ of 円1,450.09 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Mie Co's ROE % for the quarter that ended in Mar. 2026 was 15.50%. Mie Co's PB Ratio for the quarter that ended in Mar. 2026 was 0.59. Mie Co's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 26.27%.

Mie Co ROE % Adjusted to Book Value Related Terms

Mie Co ROE % Adjusted to Book Value Historical Data

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The historical data trend for Mie Co's ROE % Adjusted to Book Value 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.

Mie Co ROE % Adjusted to Book Value Chart

Mie Co Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROE % Adjusted to Book Value

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24.02

36.30

25.12

25.02

23.61

Mie Co Semi-Annual Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25	Sep25	Mar26
ROE % Adjusted to Book Value	Get a 7-Day Free Trial															25.11	22.58	26.17	19.15	26.27

NGO:3442 vs NUE, STLD, RS: ROE % Adjusted to Book Value Comparison

For the Steel subindustry, Mie Co's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.

Mie Co ROE % Adjusted to Book Value vs Steel Industry

For the Steel industry and Basic Materials sector, Mie Co's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Mie Co's ROE % Adjusted to Book Value falls into.

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66GF Score

Mie Corp Co Ltd NGO:3442

ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.

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Mie Co ROE % Adjusted to Book Value Calculation

Mie Co's ROE % Adjusted to Book Value for the fiscal year that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	13.93%	/	0.59
	=	23.61%

Mie Co's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	15.50%	/	0.59
	=	26.27%

Frequently Asked Questions Learn more about ROE % Adjusted to Book Value →

What does a ROE % Adjusted to Book Value of 26.27% mean?

Mie Co (NGO:3442) has a ROE % Adjusted to Book Value of 26.27% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Mie Co and its competitors.

Is Mie Co's ROE % Adjusted to Book Value too high?

Mie Co's current ROE % Adjusted to Book Value is 26.27%. Overall, Mie Co has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Mie Co's ROE % Adjusted to Book Value compare to NUE and STLD?

Mie Co's ROE % Adjusted to Book Value of 26.27% can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROE % Adjusted to Book Value for a Steel company?

A good ROE % Adjusted to Book Value depends on the Steel industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?

A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Mie Co and its competitors. Mie Co's current ROE % Adjusted to Book Value is 26.27%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Mie Co stock overvalued right now?

Based on GuruFocus' analysis, Mie Co (NGO:3442) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,450.09, compared to a current price of 円1,607.00 — trading 10.8% above its estimated fair value. The current ROE % Adjusted to Book Value is 26.27%. Mie Co's overall GF Score™ is 66/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROE % Adjusted to Book Value calculated?

ROE % Adjusted to Book Value is calculated from a company's financial statements. For Mie Co (NGO:3442), the current ROE % Adjusted to Book Value is 26.27% 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 Mie Co (NGO:3442) Overvalued in 2026?

Based on GuruFocus' analysis, Mie Co stock appears to be overvalued. The current stock price of 円1,607.00 is trading 10.8% above its estimated GF Value™ of 円1,450.09. GuruFocus considers Mie Co to be Modestly Overvalued.

Key valuation signals for NGO:3442:

ROE % Adjusted to Book Value: 26.27%
GF Value™: 円1,450.09 vs. price of 円1,607.00 (10.8% above fair value)
GF Score™: 66/100 with 5 warning signs

No single metric tells the full story. See the NGO:3442 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Mie Co Business Description

Industry Basic Materials Steel

Comparable Companies TSE:7986 TSE:5973 TSE:5458 TSE:5697 TSE:5609 TSE:5446 TSE:7531 TSE:5986 TSE:5542 TSE:5491 NUE XAMS:MT STLD BOM:500228 NSE:TATASTEEL RS TSE:5401 SHSE:600019 XKRX:005490 SHSE:600010

Address 1001 Oaza Hoshikawa, Mie-ken, Kuwana, JPN, 511-0912

Website https://www.mie-corp.jp

Mie Corp Co Ltd is a Japanese holding company. The company, through its subsidiaries, is engaged in the manufacturing of stainless steel fittings and flanges and the prefabricated piping processing of piping equipment. The products of the company include butt weld type fitting, housing type pipe fitting, and stainless steel pipe flange.

66GF Score

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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,607.00

Price

円1,450.09

GF Value

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