Welby (TSE:4438) ROE % Adjusted to Book Value: 0.00% (As of Dec. 2025)

Welby TSE:4438 +2.43% 36 ROE % Adjusted to Book Value is 0.00% as of Dec. 2025. GuruFocus rates TSE:4438 with a GF Score™ of 36/100 and a GF Value™ of 円378.19 (Possible Value Trap). The stock has 5 warning signs investors should review.

Welby's ROE % for the quarter that ended in Dec. 2025 was 0.00%. Welby's PB Ratio for the quarter that ended in Dec. 2025 was 8.48. Welby's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 was 0.00%.

Welby ROE % Adjusted to Book Value Related Terms

Welby ROE % Adjusted to Book Value Historical Data

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The historical data trend for Welby'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.

Welby ROE % Adjusted to Book Value Chart

Welby Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROE % Adjusted to Book Value

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-2.29

1.20

-8.92

-24.61

-11.76

Welby Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROE % Adjusted to Book Value	Get a 7-Day Free Trial															-19.40	-10.46	0.00	0.00	-18.08

TSE:4438 vs VEEV, BTSG, TEM: ROE % Adjusted to Book Value Comparison

For the Health Information Services subindustry, Welby'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.

Welby ROE % Adjusted to Book Value vs Healthcare Providers & Services Industry

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

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

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36GF Score

Welby Inc TSE:4438

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

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Welby ROE % Adjusted to Book Value Calculation

Welby'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
	=	-99.73%	/	8.48
	=	-11.76%

Welby'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%	/	8.48
	=	0.00%

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

What does a ROE % Adjusted to Book Value of 0.00% mean?

Welby (TSE:4438) 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 Welby and its competitors.

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

Welby's current ROE % Adjusted to Book Value is 0.00%. Overall, Welby has a GF Score™ of 36/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does Welby's ROE % Adjusted to Book Value compare to VEEV and BTSG?

Welby's ROE % Adjusted to Book Value of 0.00% 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 Welby and its competitors. Welby'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 Welby stock overvalued right now?

Based on GuruFocus' analysis, Welby (TSE:4438) is currently considered Possible Value Trap. The stock's GF Value™ is 円378.19, compared to a current price of 円253.00 — trading 33.1% below its estimated fair value. The current ROE % Adjusted to Book Value is 0.00%. Welby's overall GF Score™ is 36/100 with 5 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 Welby (TSE:4438), 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 Welby (TSE:4438) Overvalued in 2026?

Based on GuruFocus' analysis, Welby stock appears to be undervalued. The current stock price of 円253.00 is trading 33.1% below its estimated GF Value™ of 円378.19. GuruFocus considers Welby to be Possible Value Trap.

Key valuation signals for TSE:4438:

ROE % Adjusted to Book Value: 0.00%
GF Value™: 円378.19 vs. price of 円253.00 (33.1% below fair value)
GF Score™: 36/100 with 5 warning signs

No single metric tells the full story. See the TSE:4438 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Welby Business Description

Industry Healthcare Healthcare Providers & Services

Comparable Companies TSE:5619 TSE:475A TSE:6545 TSE:4172 TSE:7079 TSE:3628 TSE:3671 VEEV ASX:PME BTSG TEM HQY TSE:2413 HNGE TXG DOCS WAY HKSE:02228 PRVA HTFL

Address 1-11-1 Kyobashi, 4th Floor, KEPCO Real Estate Yaesu Building, Chuo-ku, Tokyo, JPN, 104-0031

Website https://www.welby.jp

Welby Inc offers patients and their families digital tools helping medical treatment and prevention of the progression of disease. The company co-develops and co-provides digital services with pharmaceuticals, medical device companies, governments, along with patients and healthcare professionals.

36GF 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253.00

Price

円378.19

GF Value

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