Needs Well (TSE:3992) ROE % Adjusted to Book Value: 3.10% (As of Mar. 2026)

Needs Well TSE:3992 +0.67% 91 ROE % Adjusted to Book Value is 3.10% as of Mar. 2026. GuruFocus rates TSE:3992 with a GF Score™ of 91/100 and a GF Value™ of 円498.93 (Fairly Valued). The stock has 2 warning signs investors should review.

Needs Well's ROE % for the quarter that ended in Mar. 2026 was 11.91%. Needs Well's PB Ratio for the quarter that ended in Mar. 2026 was 3.84. Needs Well's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 3.10%.

Needs Well ROE % Adjusted to Book Value Related Terms

Needs Well ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Needs Well'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.

Needs Well ROE % Adjusted to Book Value Chart

Needs Well Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Sep25

ROE % Adjusted to Book Value

Get a 7-Day Free Trial

6.87

8.31

6.79

7.57

4.56

Needs Well Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Mar25	Jun25	Sep25	Dec25	Mar26
ROE % Adjusted to Book Value	Get a 7-Day Free Trial															0.00	2.94	5.10	4.93	3.10

TSE:3992 vs MSFT, ORCL, PLTR: ROE % Adjusted to Book Value Comparison

For the Software - Infrastructure subindustry, Needs Well'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.

Needs Well ROE % Adjusted to Book Value vs Software Industry

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

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

Save Embed

91GF Score

Needs Well Inc TSE:3992

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

View Full Analysis

Needs Well ROE % Adjusted to Book Value Calculation

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

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	19.75%	/	4.33
	=	4.56%

Needs Well'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
	=	11.91%	/	3.84
	=	3.10%

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

What does a ROE % Adjusted to Book Value of 3.10% mean?

Needs Well (TSE:3992) has a ROE % Adjusted to Book Value of 3.10% 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 Needs Well and its competitors.

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

Needs Well's current ROE % Adjusted to Book Value is 3.10%. Overall, Needs Well has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Needs Well's ROE % Adjusted to Book Value compare to MSFT and ORCL?

Needs Well's ROE % Adjusted to Book Value of 3.10% 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 Needs Well and its competitors. Needs Well's current ROE % Adjusted to Book Value is 3.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Needs Well stock overvalued right now?

Based on GuruFocus' analysis, Needs Well (TSE:3992) is currently considered Fairly Valued. The stock's GF Value™ is 円498.93, compared to a current price of 円452.00 — trading 9.4% below its estimated fair value. The current ROE % Adjusted to Book Value is 3.10%. Needs Well's overall GF Score™ is 91/100 with 2 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 Needs Well (TSE:3992), the current ROE % Adjusted to Book Value is 3.10% 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 Needs Well (TSE:3992) Overvalued in 2026?

Based on GuruFocus' analysis, Needs Well stock appears to be undervalued. The current stock price of 円452.00 is trading 9.4% below its estimated GF Value™ of 円498.93. GuruFocus considers Needs Well to be Fairly Valued.

Key valuation signals for TSE:3992:

ROE % Adjusted to Book Value: 3.10%
GF Value™: 円498.93 vs. price of 円452.00 (9.4% below fair value)
GF Score™: 91/100 with 2 warning signs

No single metric tells the full story. See the TSE:3992 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Needs Well Business Description

Industry Technology Software

Comparable Companies TSE:3914 TSE:276A TSE:5132 TSE:438A TSE:4493 TSE:584A TSE:3850 TSE:4434 TSE:5621 TSE:5586 MSFT ORCL PLTR PANW CRWD HKSE:02513 FTNT SNPS NET CRWV

Address 13-15 South Tower, Tomihisa-cho Shinjuku-ku, Tokyo, JPN, 162-0067

Website http://www.needswell.com

Needs Well Inc provides application development, cloud solutions, IT related products and services, system infrastructure service and IT outsourcing services. Its services support to the development of BtoC / BtoB systems, digital marketing related system, business system, and CMS using web technology.

91GF Score

Get the complete analysis for TSE:3992

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

円452.00

Price

円498.93

GF Value

View TSE:3992 Analysis

See ROE % Adjusted to Book Value data for all stocks →