SpiderPlus (TSE:4192) ROE % Adjusted to Book Value: 0.00% (As of Dec. 2025)

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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:4192 SpiderPlus & Co TSE:4192
57 GF Score
Price 円284.00
GF Value 円692.89
Valuation Significantly Undervalued
! 1 Warning Sign
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What is SpiderPlus ROE % Adjusted to Book Value?

SpiderPlus TSE:4192 +1.43% 57 ROE % Adjusted to Book Value is 0.00% as of Dec. 2025. GuruFocus rates TSE:4192 with a GF Score™ of 57/100 and a GF Value™ of 円692.89 (Significantly Undervalued). The stock has 1 warning sign investors should review.

SpiderPlus's ROE % for the quarter that ended in Dec. 2025 was 0.00%. SpiderPlus's PB Ratio for the quarter that ended in Dec. 2025 was 3.89. SpiderPlus's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 was 0.00%.

SpiderPlus ROE % Adjusted to Book Value Related Terms

SpiderPlus ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for SpiderPlus'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.

SpiderPlus ROE % Adjusted to Book Value Chart

SpiderPlus Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial -2.12 -4.18 -1.71 -4.72 -0.17

SpiderPlus Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 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 0.00 -0.34 -0.56 0.00 0.07

TSE:4192 vs UBER, SHOP, CRM: ROE % Adjusted to Book Value Comparison

For the Software - Application subindustry, SpiderPlus'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.

SpiderPlus ROE % Adjusted to Book Value vs Software Industry

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

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


TSE:4192
57GF Score
SpiderPlus & Co TSE:4192
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SpiderPlus ROE % Adjusted to Book Value Calculation

SpiderPlus'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
=-0.65% / 3.89
=-0.17%

SpiderPlus'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
=0.00% / 3.89
=0.00%

* 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 0.00% mean?
SpiderPlus (TSE:4192) has a ROE % Adjusted to Book Value of 0.00% 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 SpiderPlus and its competitors.
Is SpiderPlus' ROE % Adjusted to Book Value too high?
SpiderPlus' current ROE % Adjusted to Book Value is 0.00%. Overall, SpiderPlus has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SpiderPlus' ROE % Adjusted to Book Value compare to UBER and SHOP?
SpiderPlus' ROE % Adjusted to Book Value of 0.00% 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 SpiderPlus and its competitors. SpiderPlus's current ROE % Adjusted to Book Value is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SpiderPlus stock overvalued right now?
Based on GuruFocus' analysis, SpiderPlus (TSE:4192) is currently considered Significantly Undervalued. The stock's GF Value™ is 円692.89, compared to a current price of 円284.00 — trading 59% below its estimated fair value. The current ROE % Adjusted to Book Value is 0.00%. SpiderPlus' overall GF Score™ is 57/100 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 SpiderPlus (TSE:4192), the current ROE % Adjusted to Book Value is 0.00% 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 SpiderPlus (TSE:4192) Overvalued in 2026?

Based on GuruFocus' analysis, SpiderPlus stock appears to be undervalued. The current stock price of 円284.00 is trading 59% below its estimated GF Value™ of 円692.89. GuruFocus considers SpiderPlus to be Significantly Undervalued.

Key valuation signals for TSE:4192:

  • ROE % Adjusted to Book Value: 0.00%
  • GF Value™: 円692.89 vs. price of 円284.00 (59% below fair value)
  • GF Score™: 57/100 with 1 warning sign

No single metric tells the full story. See the TSE:4192 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

SpiderPlus Business Description

Address 2-2-1 Toranomon, 27th Floor, Sumitomofudosan Toranomon Tower Building, Minato-ku, Tokyo, JPN, 105-0001
SpiderPlus & Co is a Developer and Provider of the construction tech application SPIDERPLUS. SPIDERPLUS is a site communication and drawing/photo management solution developed for construction sites improves the high quality, high safety, and environmental friendliness of the projects.
57GF Score

Get the complete analysis for TSE:4192

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

円284.00
Price
円692.89
GF Value