Nice (TSE:8089) ROE % Adjusted to Book Value: 16.07% (As of Mar. 2026)

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Charlie Tian
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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:8089 Nice Corp TSE:8089
61 GF Score
Price 円1,913.00
GF Value 円1,870.00
Valuation Fairly Valued
! 4 Warning Signs
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What is Nice ROE % Adjusted to Book Value?

Nice TSE:8089 -0.21% 61 ROE % Adjusted to Book Value is 16.07% as of Mar. 2026. GuruFocus rates TSE:8089 with a GF Score™ of 61/100 and a GF Value™ of 円1,870.00 (Fairly Valued). The stock has 4 warning signs investors should review.

Nice's ROE % for the quarter that ended in Mar. 2026 was 6.59%. Nice's PB Ratio for the quarter that ended in Mar. 2026 was 0.41. Nice's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 16.07%.


Nice ROE % Adjusted to Book Value Related Terms


Nice ROE % Adjusted to Book Value Historical Data

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The historical data trend for Nice'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.

Nice ROE % Adjusted to Book Value Chart

Nice 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 21.51 24.52 20.32 15.94 10.90

Nice 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 15.95 0.88 30.82 6.00 16.07

TSE:8089 vs GWW, FAST, FERG: ROE % Adjusted to Book Value Comparison

For the Industrial Distribution subindustry, Nice'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.


Nice ROE % Adjusted to Book Value vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Nice's ROE % Adjusted to Book Value distribution charts can be found below:

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


TSE:8089
61GF Score
Nice Corp TSE:8089
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nice ROE % Adjusted to Book Value Calculation

Nice'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
=4.47% / 0.41
=10.90%

Nice'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
=6.59% / 0.41
=16.07%

* 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 16.07% mean?
Nice (TSE:8089) has a ROE % Adjusted to Book Value of 16.07% 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 Nice and its competitors.
Is Nice's ROE % Adjusted to Book Value too high?
Nice's current ROE % Adjusted to Book Value is 16.07%. Overall, Nice has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nice's ROE % Adjusted to Book Value compare to GWW and FAST?
Nice's ROE % Adjusted to Book Value of 16.07% can be compared against companies in the Industrial Distribution 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 an Industrial Distribution company?
A good ROE % Adjusted to Book Value depends on the Industrial Distribution 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 Nice and its competitors. Nice's current ROE % Adjusted to Book Value is 16.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nice stock overvalued right now?
Based on GuruFocus' analysis, Nice (TSE:8089) is currently considered Fairly Valued. The stock's GF Value™ is 円1,870.00, compared to a current price of 円1,913.00 — trading 2.3% above its estimated fair value. The current ROE % Adjusted to Book Value is 16.07%. Nice's overall GF Score™ is 61/100 with 4 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 Nice (TSE:8089), the current ROE % Adjusted to Book Value is 16.07% 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 Nice (TSE:8089) Overvalued in 2026?

Based on GuruFocus' analysis, Nice stock appears to be overvalued. The current stock price of 円1,913.00 is trading 2.3% above its estimated GF Value™ of 円1,870.00. GuruFocus considers Nice to be Fairly Valued.

Key valuation signals for TSE:8089:

  • ROE % Adjusted to Book Value: 16.07%
  • GF Value™: 円1,870.00 vs. price of 円1,913.00 (2.3% above fair value)
  • GF Score™: 61/100 with 4 warning signs

No single metric tells the full story. See the TSE:8089 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nice Business Description

Address 4-33-1, Tsurumichuo, Tsurumi-ku, Kanagawa Nice Building 8th Floor, Yokohama, JPN, 230-8571
Nice Corp is engaged in the business related to housing. Principally, it is involved in the supply and sale of timber and construction materials and promotion of wooden buildings. The company offers timber products, structural frames, construction materials, housing equipment, and imported home products for material and furniture companies. Additionally, it is also into real estate agency business.
61GF Score

Get the complete analysis for TSE:8089

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

円1,913.00
Price
円1,870.00
GF Value