Makiya Co (TSE:9890) ROE % Adjusted to Book Value: 11.70% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
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:9890 Makiya Co Ltd TSE:9890
84 GF Score
Price 円1,394.00
GF Value 円1,262.54
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Makiya Co ROE % Adjusted to Book Value?

Makiya Co TSE:9890 -0.14% 84 ROE % Adjusted to Book Value is 11.70% as of Mar. 2026. GuruFocus rates TSE:9890 with a GF Score™ of 84/100 and a GF Value™ of 円1,262.54 (Fairly Valued). The stock has 3 warning signs investors should review.

Makiya Co's ROE % for the quarter that ended in Mar. 2026 was 6.32%. Makiya Co's PB Ratio for the quarter that ended in Mar. 2026 was 0.54. Makiya Co's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 11.70%.


Makiya Co ROE % Adjusted to Book Value Related Terms


Makiya Co ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Makiya Co'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.

Makiya Co ROE % Adjusted to Book Value Chart

Makiya Co 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 19.69 17.64 13.74 14.61 12.61

Makiya Co 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 16.82 8.00 14.44 11.70 11.32

TSE:9890 vs KR: ROE % Adjusted to Book Value Comparison

For the Grocery Stores subindustry, Makiya Co'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.


Makiya Co ROE % Adjusted to Book Value vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Makiya Co's ROE % Adjusted to Book Value distribution charts can be found below:

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


TSE:9890
84GF Score
Makiya Co Ltd TSE:9890
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Makiya Co ROE % Adjusted to Book Value Calculation

Makiya Co'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
=6.81% / 0.54
=12.61%

Makiya Co'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
=6.32% / 0.54
=11.70%

* 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 11.70% mean?
Makiya Co (TSE:9890) has a ROE % Adjusted to Book Value of 11.70% 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 Makiya Co and its competitors.
Is Makiya Co's ROE % Adjusted to Book Value too high?
Makiya Co's current ROE % Adjusted to Book Value is 11.70%. Overall, Makiya Co has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Makiya Co's ROE % Adjusted to Book Value compare to KR?
Makiya Co's ROE % Adjusted to Book Value of 11.70% can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good ROE % Adjusted to Book Value depends on the Retail - Defensive 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 Makiya Co and its competitors. Makiya Co's current ROE % Adjusted to Book Value is 11.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Makiya Co stock overvalued right now?
Based on GuruFocus' analysis, Makiya Co (TSE:9890) is currently considered Fairly Valued. The stock's GF Value™ is 円1,262.54, compared to a current price of 円1,394.00 — trading 10.4% above its estimated fair value. The current ROE % Adjusted to Book Value is 11.70%. Makiya Co's overall GF Score™ is 84/100 with 3 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 Makiya Co (TSE:9890), the current ROE % Adjusted to Book Value is 11.70% 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 Makiya Co (TSE:9890) Overvalued in 2026?

Based on GuruFocus' analysis, Makiya Co stock appears to be overvalued. The current stock price of 円1,394.00 is trading 10.4% above its estimated GF Value™ of 円1,262.54. GuruFocus considers Makiya Co to be Fairly Valued.

Key valuation signals for TSE:9890:

  • ROE % Adjusted to Book Value: 11.70%
  • GF Value™: 円1,262.54 vs. price of 円1,394.00 (10.4% above fair value)
  • GF Score™: 84/100 with 3 warning signs

No single metric tells the full story. See the TSE:9890 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Makiya Co Business Description

Address Obuchi 2373, Shizuoka, Fuji City, JPN
Makiya Co Ltd is engaged in operating chain stores. The stores are operated under the name Espot, Potato, and Mamy in Japan.
84GF Score

Get the complete analysis for TSE:9890

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

円1,394.00
Price
円1,262.54
GF Value