Hakuten (TSE:2173) ROE % Adjusted to Book Value: 18.70% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
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:2173 Hakuten Corp TSE:2173
69 GF Score
Price 円697.00
GF Value 円967.56
Valuation Modestly Undervalued
View Full Analysis

What is Hakuten ROE % Adjusted to Book Value?

Hakuten TSE:2173 -1.83% 69 ROE % Adjusted to Book Value is 18.70% as of Dec. 2025. GuruFocus rates TSE:2173 with a GF Score™ of 69/100 and a GF Value™ of 円967.56 (Modestly Undervalued).

Hakuten's ROE % for the quarter that ended in Dec. 2025 was 49.74%. Hakuten's PB Ratio for the quarter that ended in Dec. 2025 was 2.66. Hakuten's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 was 18.70%.


Hakuten ROE % Adjusted to Book Value Related Terms


Hakuten ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Hakuten'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.

Hakuten ROE % Adjusted to Book Value Chart

Hakuten Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.36 23.62 10.70 14.66 17.23

Hakuten Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Jun24 Dec24 Jun25 Dec25
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 0.52 21.25 7.69 21.62 18.70

TSE:2173 vs APP, OMC, TTD: ROE % Adjusted to Book Value Comparison

For the Advertising Agencies subindustry, Hakuten'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.


Hakuten ROE % Adjusted to Book Value vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hakuten's ROE % Adjusted to Book Value distribution charts can be found below:

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


TSE:2173
69GF Score
Hakuten Corp TSE:2173
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hakuten ROE % Adjusted to Book Value Calculation

Hakuten's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=45.84% / 2.66
=17.23%

Hakuten's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=49.74% / 2.66
=18.70%

* 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 18.70% mean?
Hakuten (TSE:2173) has a ROE % Adjusted to Book Value of 18.70% as of Dec. 2025. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Hakuten and its competitors.
Is Hakuten's ROE % Adjusted to Book Value too high?
Hakuten's current ROE % Adjusted to Book Value is 18.70%. Overall, Hakuten has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hakuten's ROE % Adjusted to Book Value compare to APP and OMC?
Hakuten's ROE % Adjusted to Book Value of 18.70% can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good ROE % Adjusted to Book Value depends on the Media - Diversified 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 Hakuten and its competitors. Hakuten's current ROE % Adjusted to Book Value is 18.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hakuten stock overvalued right now?
Based on GuruFocus' analysis, Hakuten (TSE:2173) is currently considered Modestly Undervalued. The stock's GF Value™ is 円967.56, compared to a current price of 円697.00 — trading 28% below its estimated fair value. The current ROE % Adjusted to Book Value is 18.70%. Hakuten's overall GF Score™ is 69/100. 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 Hakuten (TSE:2173), the current ROE % Adjusted to Book Value is 18.70% as of Dec. 2025. 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 Hakuten (TSE:2173) Overvalued in 2026?

Based on GuruFocus' analysis, Hakuten stock appears to be undervalued. The current stock price of 円697.00 is trading 28% below its estimated GF Value™ of 円967.56. GuruFocus considers Hakuten to be Modestly Undervalued.

Key valuation signals for TSE:2173:

  • ROE % Adjusted to Book Value: 18.70%
  • GF Value™: 円967.56 vs. price of 円697.00 (28% below fair value)
  • GF Score™: 69/100

No single metric tells the full story. See the TSE:2173 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hakuten Business Description

Address 3-1-1 Kyobashi, 20th Floor, Tokyo Square Garden, Chuo-ku, Tokyo, JPN, 104-0031
Hakuten Corp is a Japan-based company engages in producing and sponsoring event promotions, exhibitions, business meetings, private shows, conferences, and conventions, among others. It is also engaged in the design, construction, and supervision of commercial spaces, such as road shows, conferences, and ceremonies, as well as the provision of digital marketing solutions.
69GF Score

Get the complete analysis for TSE:2173

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

円697.00
Price
円967.56
GF Value