ispace (TSE:9348) ROE % Adjusted to Book Value: -11.36% (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:9348 ispace inc TSE:9348
63 GF Score
Price 円440.00
GF Value 円685.68
Valuation Possible Value Trap
! 4 Warning Signs
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What is ispace ROE % Adjusted to Book Value?

ispace TSE:9348 -0.45% 63 ROE % Adjusted to Book Value is -11.36% as of Mar. 2026. GuruFocus rates TSE:9348 with a GF Score™ of 63/100 and a GF Value™ of 円685.68 (Possible Value Trap). The stock has 4 warning signs investors should review.

ispace's ROE % for the quarter that ended in Mar. 2026 was -47.60%. ispace's PB Ratio for the quarter that ended in Mar. 2026 was 4.19. ispace's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was -11.36%.

ispace ROE % Adjusted to Book Value Related Terms

ispace ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for ispace'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.

ispace ROE % Adjusted to Book Value Chart

ispace Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE % Adjusted to Book Value
Get a 7-Day Free Trial 0.00 0.00 -7.96 -12.52 -17.54

ispace Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 -27.68 -13.20 -5.12 -20.43 -11.36

TSE:9348 vs SNDK, DELL, STX: ROE % Adjusted to Book Value Comparison

For the Computer Hardware subindustry, ispace'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.

ispace ROE % Adjusted to Book Value vs Hardware Industry

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

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


TSE:9348
63GF Score
ispace inc TSE:9348
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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ispace ROE % Adjusted to Book Value Calculation

ispace'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
=-73.51% / 4.19
=-17.54%

ispace'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
=-47.60% / 4.19
=-11.36%

* 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 -11.36% mean?
ispace (TSE:9348) has a ROE % Adjusted to Book Value of -11.36% 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 ispace and its competitors.
Is ispace's ROE % Adjusted to Book Value too high?
ispace's current ROE % Adjusted to Book Value is -11.36%. Overall, ispace has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ispace's ROE % Adjusted to Book Value compare to SNDK and DELL?
ispace's ROE % Adjusted to Book Value of -11.36% can be compared against companies in the Hardware 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 Hardware company?
A good ROE % Adjusted to Book Value depends on the Hardware 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 ispace and its competitors. ispace's current ROE % Adjusted to Book Value is -11.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ispace stock overvalued right now?
Based on GuruFocus' analysis, ispace (TSE:9348) is currently considered Possible Value Trap. The stock's GF Value™ is 円685.68, compared to a current price of 円440.00 — trading 35.8% below its estimated fair value. The current ROE % Adjusted to Book Value is -11.36%. ispace's overall GF Score™ is 63/100 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 ispace (TSE:9348), the current ROE % Adjusted to Book Value is -11.36% 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 ispace (TSE:9348) Overvalued in 2026?

Based on GuruFocus' analysis, ispace stock appears to be undervalued. The current stock price of 円440.00 is trading 35.8% below its estimated GF Value™ of 円685.68. GuruFocus considers ispace to be Possible Value Trap.

Key valuation signals for TSE:9348:

  • ROE % Adjusted to Book Value: -11.36%
  • GF Value™: 円685.68 vs. price of 円440.00 (35.8% below fair value)
  • GF Score™: 63/100 with 4 warning signs

No single metric tells the full story. See the TSE:9348 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

ispace Business Description

Other Exchanges IPCEF:USA7VO:Germany
Address 3-42-3 Nihonbashi-Hamacho, Chuo-ku, Tokyo, JPN, 103-0007
ispace inc is a private lunar robotic exploration company that is developing micro-robotic technology to provide a low-cost and frequent transportation service. It has developed a small lander (lunar lander) and a lunar exploration rover (lunar rover) for the purpose of providing frequent and low-cost transportation services to the moon.
63GF Score

Get the complete analysis for TSE:9348

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

円440.00
Price
円685.68
GF Value