Forval (TSE:8275) ROE % Adjusted to Book Value: 16.39% (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:8275 Forval Corp TSE:8275
68 GF Score
Price 円1,000.00
GF Value 円1,465.75
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Forval ROE % Adjusted to Book Value?

Forval TSE:8275 +0.81% 68 ROE % Adjusted to Book Value is 16.39% as of Mar. 2026. GuruFocus rates TSE:8275 with a GF Score™ of 68/100 and a GF Value™ of 円1,465.75 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Forval's ROE % for the quarter that ended in Mar. 2026 was 25.07%. Forval's PB Ratio for the quarter that ended in Mar. 2026 was 1.53. Forval's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 16.39%.


Forval ROE % Adjusted to Book Value Related Terms


Forval ROE % Adjusted to Book Value Historical Data

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The historical data trend for Forval'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.

Forval ROE % Adjusted to Book Value Chart

Forval 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 8.30 5.75 6.30 5.98 5.30

Forval Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.72 6.27 -3.45 16.39 1.72

TSE:8275 vs IBM, ACN, FISV: ROE % Adjusted to Book Value Comparison

For the Information Technology Services subindustry, Forval'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.


Forval ROE % Adjusted to Book Value vs Software Industry

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

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


TSE:8275
68GF Score
Forval Corp TSE:8275
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forval ROE % Adjusted to Book Value Calculation

Forval'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
=8.11% / 1.53
=5.30%

Forval'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
=25.07% / 1.53
=16.39%

* 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 16.39% mean?
Forval (TSE:8275) has a ROE % Adjusted to Book Value of 16.39% 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 Forval and its competitors.
Is Forval's ROE % Adjusted to Book Value too high?
Forval's current ROE % Adjusted to Book Value is 16.39%. Overall, Forval has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Forval's ROE % Adjusted to Book Value compare to IBM and ACN?
Forval's ROE % Adjusted to Book Value of 16.39% 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 Forval and its competitors. Forval's current ROE % Adjusted to Book Value is 16.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forval stock overvalued right now?
Based on GuruFocus' analysis, Forval (TSE:8275) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,465.75, compared to a current price of 円1,000.00 — trading 31.8% below its estimated fair value. The current ROE % Adjusted to Book Value is 16.39%. Forval's overall GF Score™ is 68/100 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 Forval (TSE:8275), the current ROE % Adjusted to Book Value is 16.39% 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 Forval (TSE:8275) Overvalued in 2026?

Based on GuruFocus' analysis, Forval stock appears to be undervalued. The current stock price of 円1,000.00 is trading 31.8% below its estimated GF Value™ of 円1,465.75. GuruFocus considers Forval to be Significantly Undervalued.

Key valuation signals for TSE:8275:

  • ROE % Adjusted to Book Value: 16.39%
  • GF Value™: 円1,465.75 vs. price of 円1,000.00 (31.8% below fair value)
  • GF Score™: 68/100 with 1 warning sign

No single metric tells the full story. See the TSE:8275 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Forval Business Description

Address Aoyama Oval Building, 14th floor, 5-52-2 Jingumae, Shibuya-ku, Tokyo, JPN, 150-0001
Forval Corp is engaged in information communication and management consulting businesses. The company provides consulting services for IP integration system, information security, web construction, overseas expansion services, business succession, among others.
68GF Score

Get the complete analysis for TSE:8275

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

円1,000.00
Price
円1,465.75
GF Value