Harima Chemicals Group (TSE:4410) ROE % Adjusted to Book Value: 14.39% (As of Mar. 2026)

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TSE:4410 Harima Chemicals Group Inc TSE:4410
70 GF Score
Price 円1,034.00
GF Value 円953.12
Valuation Fairly Valued
! 8 Warning Signs
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What is Harima Chemicals Group ROE % Adjusted to Book Value?

Harima Chemicals Group TSE:4410 +2.78% 70 ROE % Adjusted to Book Value is 14.39% as of Mar. 2026. GuruFocus rates TSE:4410 with a GF Score™ of 70/100 and a GF Value™ of 円953.12 (Fairly Valued). The stock has 8 warning signs investors should review.

Harima Chemicals Group's ROE % for the quarter that ended in Mar. 2026 was 7.77%. Harima Chemicals Group's PB Ratio for the quarter that ended in Mar. 2026 was 0.54. Harima Chemicals Group's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 14.39%.


Harima Chemicals Group ROE % Adjusted to Book Value Related Terms


Harima Chemicals Group ROE % Adjusted to Book Value Historical Data

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The historical data trend for Harima Chemicals Group'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.

Harima Chemicals Group ROE % Adjusted to Book Value Chart

Harima Chemicals Group 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 8.91 4.21 -5.20 3.73 11.11

Harima Chemicals Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 -6.68 6.00 1.60 7.74 14.39

TSE:4410 vs LIN, SHW, ECL: ROE % Adjusted to Book Value Comparison

For the Specialty Chemicals subindustry, Harima Chemicals Group'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.


Harima Chemicals Group ROE % Adjusted to Book Value vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Harima Chemicals Group's ROE % Adjusted to Book Value distribution charts can be found below:

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


TSE:4410
70GF Score
Harima Chemicals Group Inc TSE:4410
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Harima Chemicals Group ROE % Adjusted to Book Value Calculation

Harima Chemicals Group'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
=6.00% / 0.54
=11.11%

Harima Chemicals Group'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
=7.77% / 0.54
=14.39%

* 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 14.39% mean?
Harima Chemicals Group (TSE:4410) has a ROE % Adjusted to Book Value of 14.39% 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 Harima Chemicals Group and its competitors.
Is Harima Chemicals Group's ROE % Adjusted to Book Value too high?
Harima Chemicals Group's current ROE % Adjusted to Book Value is 14.39%. Overall, Harima Chemicals Group has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Harima Chemicals Group's ROE % Adjusted to Book Value compare to LIN and SHW?
Harima Chemicals Group's ROE % Adjusted to Book Value of 14.39% can be compared against companies in the Chemicals 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 Chemicals company?
A good ROE % Adjusted to Book Value depends on the Chemicals 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 Harima Chemicals Group and its competitors. Harima Chemicals Group's current ROE % Adjusted to Book Value is 14.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harima Chemicals Group stock overvalued right now?
Based on GuruFocus' analysis, Harima Chemicals Group (TSE:4410) is currently considered Fairly Valued. The stock's GF Value™ is 円953.12, compared to a current price of 円1,034.00 — trading 8.5% above its estimated fair value. The current ROE % Adjusted to Book Value is 14.39%. Harima Chemicals Group's overall GF Score™ is 70/100 with 8 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 Harima Chemicals Group (TSE:4410), the current ROE % Adjusted to Book Value is 14.39% 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 Harima Chemicals Group (TSE:4410) Overvalued in 2026?

Based on GuruFocus' analysis, Harima Chemicals Group stock appears to be overvalued. The current stock price of 円1,034.00 is trading 8.5% above its estimated GF Value™ of 円953.12. GuruFocus considers Harima Chemicals Group to be Fairly Valued.

Key valuation signals for TSE:4410:

  • ROE % Adjusted to Book Value: 14.39%
  • GF Value™: 円953.12 vs. price of 円1,034.00 (8.5% above fair value)
  • GF Score™: 70/100 with 8 warning signs

No single metric tells the full story. See the TSE:4410 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harima Chemicals Group Business Description

Address 3 - chome Nihonbashi 3 - chome Chuo - ku, Tokyo, JPN, 103-0027
Harima Chemicals Group Inc is a Japan-based chemical manufacturer. The company is mainly engaged in chemical products business, papermaking chemical business, and electronic materials business. Products offered by the company include resins for printing ink, paint, resin for adhesive and adhesive, emulsifier for synthetic rubber, sizing agent, paper strength enhancer, and coating agent. Electronic materials business develops, manufacture and sell conductive paste, brazing material for aluminum and printed wiring board related materials. Harima has a world-wide network with presence in Europe, Asia, Oceania, North America, and South America.
70GF Score

Get the complete analysis for TSE:4410

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

円1,034.00
Price
円953.12
GF Value