MTI (TSE:9438) ROE % Adjusted to Book Value: 15.21% (As of Mar. 2026)

MTI TSE:9438 +2.48% 71 ROE % Adjusted to Book Value is 15.21% as of Mar. 2026. GuruFocus rates TSE:9438 with a GF Score™ of 71/100 and a GF Value™ of 円848.23 (Modestly Undervalued). The stock has 1 warning sign investors should review.

MTI's ROE % for the quarter that ended in Mar. 2026 was 26.32%. MTI's PB Ratio for the quarter that ended in Mar. 2026 was 1.73. MTI's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 15.21%.

MTI ROE % Adjusted to Book Value Related Terms

MTI ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for MTI'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.

MTI ROE % Adjusted to Book Value Chart

MTI Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Sep25

ROE % Adjusted to Book Value

Get a 7-Day Free Trial

-2.64

-3.04

2.23

3.89

8.66

MTI Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	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															10.19	2.40	13.14	6.00	15.21

TSE:9438 vs VEEV, BTSG, TEM: ROE % Adjusted to Book Value Comparison

For the Health Information Services subindustry, MTI'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.

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

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

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

Save Embed

71GF Score

MTI Ltd TSE:9438

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

View Full Analysis

MTI ROE % Adjusted to Book Value Calculation

MTI's ROE % Adjusted to Book Value for the fiscal year that ended in Sep. 2025 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	20.09%	/	2.32
	=	8.66%

MTI'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
	=	26.32%	/	1.73
	=	15.21%

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

What does a ROE % Adjusted to Book Value of 15.21% mean?

MTI (TSE:9438) has a ROE % Adjusted to Book Value of 15.21% 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 MTI and its competitors.

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

MTI's current ROE % Adjusted to Book Value is 15.21%. Overall, MTI has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

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

MTI's ROE % Adjusted to Book Value of 15.21% 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 MTI and its competitors. MTI's current ROE % Adjusted to Book Value is 15.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is MTI stock overvalued right now?

Based on GuruFocus' analysis, MTI (TSE:9438) is currently considered Modestly Undervalued. The stock's GF Value™ is 円848.23, compared to a current price of 円620.00 — trading 26.9% below its estimated fair value. The current ROE % Adjusted to Book Value is 15.21%. MTI's overall GF Score™ is 71/100 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 MTI (TSE:9438), the current ROE % Adjusted to Book Value is 15.21% 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 MTI (TSE:9438) Overvalued in 2026?

Based on GuruFocus' analysis, MTI stock appears to be undervalued. The current stock price of 円620.00 is trading 26.9% below its estimated GF Value™ of 円848.23. GuruFocus considers MTI to be Modestly Undervalued.

Key valuation signals for TSE:9438:

ROE % Adjusted to Book Value: 15.21%
GF Value™: 円848.23 vs. price of 円620.00 (26.9% below fair value)
GF Score™: 71/100 with 1 warning sign

No single metric tells the full story. See the TSE:9438 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

MTI Business Description

Industry Healthcare Healthcare Providers & Services

Comparable Companies TSE:4320 TSE:4820 TSE:5038 TSE:5592 TSE:3939 TSE:6078 TSE:3649 TSE:4263 TSE:366A TSE:3733 VEEV ASX:PME BTSG TEM HQY TSE:2413 HNGE TXG DOCS WAY

Address 35th Floor, Tokyo Opera City Tower 3-20-2, Nishi-Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-1435

Website http://www.mti.co.jp

MTI Ltd is engaged in the content distribution business for mobile phones in Japan. The company provides health care services through Lunaruna app, Lunaruna baby, and Lunaruna medicine notebook. It is involved in providing music/video services, electronic book services, life information services, and entertainment services.

71GF Score

Get the complete analysis for TSE:9438

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

円620.00

Price

円848.23

GF Value

View TSE:9438 Analysis

See ROE % Adjusted to Book Value data for all stocks →