SHANON (TSE:3976) ROE % Adjusted to Book Value: 11.09% (As of Oct. 2025)

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What is SHANON ROE % Adjusted to Book Value?

SHANON TSE:3976 -2.58% 51 ROE % Adjusted to Book Value is 11.09% as of Oct. 2025. GuruFocus rates TSE:3976 with a GF Score™ of 51/100 and a GF Value™ of 円230.27 (Significantly Overvalued). The stock has 6 warning signs investors should review.

SHANON's ROE % for the quarter that ended in Oct. 2025 was 28.73%. SHANON's PB Ratio for the quarter that ended in Oct. 2025 was 2.59. SHANON's ROE % Adjusted to Book Value for the quarter that ended in Oct. 2025 was 11.09%.

SHANON ROE % Adjusted to Book Value Related Terms

SHANON ROE % Adjusted to Book Value Historical Data

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The historical data trend for SHANON'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.

SHANON ROE % Adjusted to Book Value Chart

SHANON Annual Data

Trend

Oct16

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Oct25

ROE % Adjusted to Book Value

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2.45

-7.55

-7.00

0.00

-7.38

SHANON Quarterly Data
	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Apr25	Jul25	Oct25	Mar26
ROE % Adjusted to Book Value	Get a 7-Day Free Trial															Negative Equity	0.00	1.68	11.09	31.40

TSE:3976 vs UBER, SHOP, CRM: ROE % Adjusted to Book Value Comparison

For the Software - Application subindustry, SHANON'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.

SHANON ROE % Adjusted to Book Value vs Software Industry

For the Software industry and Technology sector, SHANON's ROE % Adjusted to Book Value distribution charts can be found below:

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

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51GF Score

SHANON Inc TSE:3976

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

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SHANON ROE % Adjusted to Book Value Calculation

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

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	-19.11%	/	2.59
	=	-7.38%

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

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	28.73%	/	2.59
	=	11.09%

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

What does a ROE % Adjusted to Book Value of 11.09% mean?

SHANON (TSE:3976) has a ROE % Adjusted to Book Value of 11.09% as of Oct. 2025. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on SHANON and its competitors.

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

SHANON's current ROE % Adjusted to Book Value is 11.09%. Overall, SHANON has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does SHANON's ROE % Adjusted to Book Value compare to UBER and SHOP?

SHANON's ROE % Adjusted to Book Value of 11.09% can be compared against companies in the Software 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 Software company?

A good ROE % Adjusted to Book Value depends on the Software 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 SHANON and its competitors. SHANON's current ROE % Adjusted to Book Value is 11.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is SHANON stock overvalued right now?

Based on GuruFocus' analysis, SHANON (TSE:3976) is currently considered Significantly Overvalued. The stock's GF Value™ is 円230.27, compared to a current price of 円567.00 — trading 146.2% above its estimated fair value. The current ROE % Adjusted to Book Value is 11.09%. SHANON's overall GF Score™ is 51/100 with 6 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 SHANON (TSE:3976), the current ROE % Adjusted to Book Value is 11.09% as of Oct. 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 SHANON (TSE:3976) Overvalued in 2026?

Based on GuruFocus' analysis, SHANON stock appears to be overvalued. The current stock price of 円567.00 is trading 146.2% above its estimated GF Value™ of 円230.27. GuruFocus considers SHANON to be Significantly Overvalued.

Key valuation signals for TSE:3976:

ROE % Adjusted to Book Value: 11.09%
GF Value™: 円230.27 vs. price of 円567.00 (146.2% above fair value)
GF Score™: 51/100 with 6 warning signs

No single metric tells the full story. See the TSE:3976 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

SHANON Business Description

Industry Technology Software

Comparable Companies TSE:3933 TSE:5257 TSE:4429 TSE:9561 TSE:3967 TSE:2138 TSE:3917 TSE:241A TSE:3710 TSE:3653 XTER:SAP UBER SHOP CRM CDNS NOW ADP SNOW DDOG ADBE

Address 3-13-16 Minato-ku, Mita 43MT Building, 4th Floor, Tokyo, JPN, 108-0073

Website http://www.shanon.co.jp

SHANON Inc provides marketing platform and cloud application. It is engaged in the planning, development, and sale of cloud marketing solutions. It is also engaged in the provision of consulting and outsourcing services related to marketing.

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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567.00

Price

円230.27

GF Value

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