Token (TSE:1766) ROE % Adjusted to Book Value: 8.24% (As of Jan. 2026)

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TSE:1766 Token Corp TSE:1766
76 GF Score
Price 円12,910.00
GF Value 円13,589.55
Valuation Fairly Valued
! 1 Warning Sign
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What is Token ROE % Adjusted to Book Value?

Token TSE:1766 +0.16% 76 ROE % Adjusted to Book Value is 8.24% as of Jan. 2026. GuruFocus rates TSE:1766 with a GF Score™ of 76/100 and a GF Value™ of 円13,589.55 (Fairly Valued). The stock has 1 warning sign investors should review.

Token's ROE % for the quarter that ended in Jan. 2026 was 11.62%. Token's PB Ratio for the quarter that ended in Jan. 2026 was 1.41. Token's ROE % Adjusted to Book Value for the quarter that ended in Jan. 2026 was 8.24%.


Token ROE % Adjusted to Book Value Related Terms


Token ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Token'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.

Token ROE % Adjusted to Book Value Chart

Token Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.12 4.98 6.29 9.22 10.68

Token Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
ROE % Adjusted to Book Value 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 9.81 8.95 7.88 8.24 10.76

TSE:1766 vs CBRE, BEKE, JLL: ROE % Adjusted to Book Value Comparison

For the Real Estate Services subindustry, Token'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.


Token ROE % Adjusted to Book Value vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Token's ROE % Adjusted to Book Value distribution charts can be found below:

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


TSE:1766
76GF Score
Token Corp TSE:1766
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Token ROE % Adjusted to Book Value Calculation

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

ROE % Adjusted to Book Value=ROE % / PB Ratio
=12.92% / 1.21
=10.68%

Token's ROE % Adjusted to Book Value for the quarter that ended in Jan. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=11.62% / 1.41
=8.24%

* 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.

What does a ROE % Adjusted to Book Value of 8.24% mean?
Token (TSE:1766) has a ROE % Adjusted to Book Value of 8.24% as of Jan. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Token and its competitors.
Is Token's ROE % Adjusted to Book Value too high?
Token's current ROE % Adjusted to Book Value is 8.24%. Overall, Token has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Token's ROE % Adjusted to Book Value compare to CBRE and BEKE?
Token's ROE % Adjusted to Book Value of 8.24% can be compared against companies in the Real Estate 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 Real Estate company?
A good ROE % Adjusted to Book Value depends on the Real Estate 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 Token and its competitors. Token's current ROE % Adjusted to Book Value is 8.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Token stock overvalued right now?
Based on GuruFocus' analysis, Token (TSE:1766) is currently considered Fairly Valued. The stock's GF Value™ is 円13,589.55, compared to a current price of 円12,910.00 — trading 5% below its estimated fair value. The current ROE % Adjusted to Book Value is 8.24%. Token's overall GF Score™ is 76/100 with 1 warning sign 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 Token (TSE:1766), the current ROE % Adjusted to Book Value is 8.24% 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 Token (TSE:1766) Overvalued in 2026?

Based on GuruFocus' analysis, Token stock appears to be undervalued. The current stock price of 円12,910.00 is trading 5% below its estimated GF Value™ of 円13,589.55. GuruFocus considers Token to be Fairly Valued.

Key valuation signals for TSE:1766:

  • ROE % Adjusted to Book Value: 8.24%
  • GF Value™: 円13,589.55 vs. price of 円12,910.00 (5% below fair value)
  • GF Score™: 76/100 with 1 warning sign

No single metric tells the full story. See the TSE:1766 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Token Business Description

Address Marunouchi Building, 2-1-33 Marunouchi, Naka-ku, Nagoya, JPN, 460-0002
Token Corp is a real estate company focused on construction and leasing of commercial and residential buildings. The company organises itself into three segments: construction, real estate leasing, and other. The construction segment, which generates approximately half of the company's revenue, constructs residential and commercial buildings. The real estate segment, which generates almost half of the company's revenue, leases real estate assets. The company is headquartered in Japan, and derives the majority of revenue domestically.
76GF Score

Get the complete analysis for TSE:1766

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

円12,910.00
Price
円13,589.55
GF Value