Hi-Crates Co (TSE:4172) ROE % Adjusted to Book Value: 11.35% (As of Mar. 2026)

Hi-Crates Co TSE:4172 69 ROE % Adjusted to Book Value is 11.35% as of Mar. 2026. GuruFocus rates TSE:4172 with a GF Score™ of 69/100 and a GF Value™ of 円2,326.99 (Fairly Valued). The stock has 1 warning sign investors should review.

Hi-Crates Co's ROE % for the quarter that ended in Mar. 2026 was 13.51%. Hi-Crates Co's PB Ratio for the quarter that ended in Mar. 2026 was 1.19. Hi-Crates Co's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 11.35%.

Hi-Crates Co ROE % Adjusted to Book Value Related Terms

Hi-Crates Co ROE % Adjusted to Book Value Historical Data

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The historical data trend for Hi-Crates 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.

Hi-Crates Co ROE % Adjusted to Book Value Chart

Hi-Crates Co Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Sep25

ROE % Adjusted to Book Value

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5.63

7.82

6.72

9.98

8.54

Hi-Crates Co 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	5.02	8.05	10.42	11.35

TSE:4172 vs VEEV, BTSG, TEM: ROE % Adjusted to Book Value Comparison

For the Health Information Services subindustry, Hi-Crates 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.

Hi-Crates Co ROE % Adjusted to Book Value vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Hi-Crates Co's ROE % Adjusted to Book Value distribution charts can be found below:

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

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69GF Score

Hi-Crates Co Ltd TSE:4172

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

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Hi-Crates Co ROE % Adjusted to Book Value Calculation

Hi-Crates Co'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
	=	11.02%	/	1.29
	=	8.54%

Hi-Crates 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
	=	13.51%	/	1.19
	=	11.35%

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

What does a ROE % Adjusted to Book Value of 11.35% mean?

Hi-Crates Co (TSE:4172) has a ROE % Adjusted to Book Value of 11.35% 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 Hi-Crates Co and its competitors.

Is Hi-Crates Co's ROE % Adjusted to Book Value too high?

Hi-Crates Co's current ROE % Adjusted to Book Value is 11.35%. Overall, Hi-Crates Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Hi-Crates Co's ROE % Adjusted to Book Value compare to VEEV and BTSG?

Hi-Crates Co's ROE % Adjusted to Book Value of 11.35% can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?

A good ROE % Adjusted to Book Value depends on the Healthcare Providers & Services 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 Hi-Crates Co and its competitors. Hi-Crates Co's current ROE % Adjusted to Book Value is 11.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Hi-Crates Co stock overvalued right now?

Based on GuruFocus' analysis, Hi-Crates Co (TSE:4172) is currently considered Fairly Valued. The stock's GF Value™ is 円2,326.99, compared to a current price of 円2,179.00 — trading 6.4% below its estimated fair value. The current ROE % Adjusted to Book Value is 11.35%. Hi-Crates Co's overall GF Score™ is 69/100 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 Hi-Crates Co (TSE:4172), the current ROE % Adjusted to Book Value is 11.35% 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 Hi-Crates Co (TSE:4172) Overvalued in 2026?

Based on GuruFocus' analysis, Hi-Crates Co stock appears to be undervalued. The current stock price of 円2,179.00 is trading 6.4% below its estimated GF Value™ of 円2,326.99. GuruFocus considers Hi-Crates Co to be Fairly Valued.

Key valuation signals for TSE:4172:

ROE % Adjusted to Book Value: 11.35%
GF Value™: 円2,326.99 vs. price of 円2,179.00 (6.4% below fair value)
GF Score™: 69/100 with 1 warning sign

No single metric tells the full story. See the TSE:4172 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hi-Crates Co Business Description

Industry Healthcare Healthcare Providers & Services

Comparable Companies TSE:6545 TSE:475A TSE:7079 TSE:3628 TSE:5619 TSE:3671 TSE:4438 TSE:366A TSE:4263 TSE:3649 VEEV ASX:PME BTSG TEM HQY TSE:2413 HNGE TXG DOCS WAY

Address 3-12-33 Noda, Kita-ku, Okayama, JPN, 700-0971

Website https://www.towa-hi-sys.co.jp

Hi-Crates Co Ltd formerly, Towa Hi System Co Ltd is involved in the Research and development, sales, and support for integrated dental electronic medical record systems. Research and development, sales and support for iPad and web apps. which includes AI/voice electronic medical record integrated system, Visual examination and periodontal examination system, Interview System, Self-pay estimated system, Image management system etc.

69GF Score

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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2,179.00

Price

円2,326.99

GF Value

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