DeNA Co (TSE:2432) ROE % Adjusted to Book Value: 3.29% (As of Mar. 2026)

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:2432 DeNA Co Ltd TSE:2432
67 GF Score
Price 円2,415.00
GF Value 円2,037.71
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is DeNA Co ROE % Adjusted to Book Value?

DeNA Co TSE:2432 +0.21% 67 ROE % Adjusted to Book Value is 3.29% as of Mar. 2026. GuruFocus rates TSE:2432 with a GF Score™ of 67/100 and a GF Value™ of 円2,037.71 (Modestly Overvalued). The stock has 1 warning sign investors should review.

DeNA Co's ROE % for the quarter that ended in Mar. 2026 was 3.68%. DeNA Co's PB Ratio for the quarter that ended in Mar. 2026 was 1.12. DeNA Co's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 3.29%.


DeNA Co ROE % Adjusted to Book Value Related Terms


DeNA Co ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for DeNA 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.

DeNA Co ROE % Adjusted to Book Value Chart

DeNA Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.29 4.21 -16.64 6.62 7.17

DeNA Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 8.85 15.82 18.54 -8.36 3.29

TSE:2432 vs HON, MMM: ROE % Adjusted to Book Value Comparison

For the Conglomerates subindustry, DeNA 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.


DeNA Co ROE % Adjusted to Book Value vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, DeNA Co's ROE % Adjusted to Book Value distribution charts can be found below:

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


TSE:2432
67GF Score
DeNA Co Ltd TSE:2432
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DeNA Co ROE % Adjusted to Book Value Calculation

DeNA 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
=8.03% / 1.12
=7.17%

DeNA 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
=3.68% / 1.12
=3.29%

* 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 3.29% mean?
DeNA Co (TSE:2432) has a ROE % Adjusted to Book Value of 3.29% 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 DeNA Co and its competitors.
Is DeNA Co's ROE % Adjusted to Book Value too high?
DeNA Co's current ROE % Adjusted to Book Value is 3.29%. Overall, DeNA Co has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DeNA Co's ROE % Adjusted to Book Value compare to HON and MMM?
DeNA Co's ROE % Adjusted to Book Value of 3.29% can be compared against companies in the Conglomerates 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 Conglomerates company?
A good ROE % Adjusted to Book Value depends on the Conglomerates 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 DeNA Co and its competitors. DeNA Co's current ROE % Adjusted to Book Value is 3.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DeNA Co stock overvalued right now?
Based on GuruFocus' analysis, DeNA Co (TSE:2432) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,037.71, compared to a current price of 円2,415.00 — trading 18.5% above its estimated fair value. The current ROE % Adjusted to Book Value is 3.29%. DeNA Co's overall GF Score™ is 67/100 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 DeNA Co (TSE:2432), the current ROE % Adjusted to Book Value is 3.29% 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 DeNA Co (TSE:2432) Overvalued in 2026?

Based on GuruFocus' analysis, DeNA Co stock appears to be overvalued. The current stock price of 円2,415.00 is trading 18.5% above its estimated GF Value™ of 円2,037.71. GuruFocus considers DeNA Co to be Modestly Overvalued.

Key valuation signals for TSE:2432:

  • ROE % Adjusted to Book Value: 3.29%
  • GF Value™: 円2,037.71 vs. price of 円2,415.00 (18.5% above fair value)
  • GF Score™: 67/100 with 1 warning sign

No single metric tells the full story. See the TSE:2432 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DeNA Co Business Description

Other Exchanges DNACF:USAD2N:Germany
Address 2-24-12 Shibuya, Shibuya Scramble Square, Shibuya-ku, Tokyo, JPN, 150-6140
DeNA Co Ltd is a social media service provider in Japan. It generates majority of the portion of its revenue by providing social media and Internet marketing-related services through its Social Media segment. The E-commerce segment offers E-Commerce related services, including the operation of auction shopping and cellular phone websites under the names DeNA shopping and Mobaoku, respectively. The Others segment is engaged in travel agency and insurance agency services, and professional baseball related business. The company has its primary market in North America.
67GF Score

Get the complete analysis for TSE:2432

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

円2,415.00
Price
円2,037.71
GF Value