Persol Holdings Co (TSE:2181) ROE %: 15.53% (As of Mar. 2026) — Near Median


TSE:2181 Persol Holdings Co Ltd TSE:2181
86 GF Score
Price 円243.10
GF Value 円294.56
Valuation Modestly Undervalued
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What is Persol Holdings Co ROE %?

Persol Holdings Co TSE:2181 +1.04% 86 ROE % is 15.53% as of Mar. 2026, which is 4% above its 10-year median of 14.89. GuruFocus rates TSE:2181 with a GF Score™ of 86/100 and a GF Value™ of 円294.56 (Modestly Undervalued). Among 1,058 Business Services companies, Persol Holdings Co ranks better than 83.18% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Persol Holdings Co's annualized net income for the quarter that ended in Mar. 2026 was 円33,200 Mil. Persol Holdings Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円213,750 Mil. Therefore, Persol Holdings Co's annualized ROE % for the quarter that ended in Mar. 2026 was 15.53%.

The historical rank and industry rank for Persol Holdings Co's ROE % or its related term are showing as below:

TSE:2181' s ROE % Range Over the Past 10 Years
Min: 5.02   Med: 14.89   Max: 21
Current: 21

During the past 13 years, Persol Holdings Co's highest ROE % was 21.00%. The lowest was 5.02%. And the median was 14.89%.

TSE:2181's ROE % is ranked better than
83.18% of 1058 companies
in the Business Services industry
Industry Median: 8.095 vs TSE:2181: 21.00

Persol Holdings Co  (TSE:2181) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=33200/213750
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(33200 / 1606180)*(1606180 / 612892.5)*(612892.5 / 213750)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.07 %*2.6207*2.8673
=ROA %*Equity Multiplier
=5.42 %*2.8673
=15.53 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=33200/213750
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (33200 / 48600) * (48600 / 50056) * (50056 / 1606180) * (1606180 / 612892.5) * (612892.5 / 213750)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6831 * 0.9709 * 3.12 % * 2.6207 * 2.8673
=15.53 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Persol Holdings Co ROE % Related Terms


Persol Holdings Co ROE % Historical Data

* Premium members only.

The historical data trend for Persol Holdings Co's ROE % 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.

Persol Holdings Co ROE % Chart

Persol Holdings Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.88 13.59 16.56 18.78 20.87

Persol Holdings Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 10.01 22.42 26.67 20.00 15.53

TSE:2181 vs KFY, RHI, TNET: ROE % Comparison

For the Staffing & Employment Services subindustry, Persol Holdings Co's ROE %, along with its competitors' market caps and ROE % 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.


Persol Holdings Co ROE % vs Business Services Industry

For the Business Services industry and Industrials sector, Persol Holdings Co's ROE % distribution charts can be found below:

* The bar in red indicates where Persol Holdings Co's ROE % falls into.


TSE:2181
86GF Score
Persol Holdings Co Ltd TSE:2181
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Persol Holdings Co ROE % Calculation

Persol Holdings Co's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=42688/( (189633+219499)/ 2 )
=42688/204566
=20.87 %

Persol Holdings Co's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=33200/( (208001+219499)/ 2 )
=33200/213750
=15.53 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 15.53% mean?
Persol Holdings Co (TSE:2181) has a ROE % of 15.53% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Persol Holdings Co and its competitors. This is near median its historical median of 14.89. Over the past decade, Persol Holdings Co's ROE % has ranged from 5.02 to 21.00. According to the industry distribution chart, Persol Holdings Co ranks #178 out of 1058 companies in the Business Services industry, placing it in the top 16.8%.
Is Persol Holdings Co's ROE % too high?
Persol Holdings Co's current ROE % of 15.53% is near median its 10-year median of 14.89. Over the past 10 years, this metric has ranged from a low of 5.02 to a high of 21.00. The Business Services industry median ROE % is 8.10. Persol Holdings Co's value of 15.53% is 91.8% above this industry median. Based on the distribution chart, Persol Holdings Co ranks #178 out of 1058 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Persol Holdings Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Persol Holdings Co's ROE % compare to KFY and RHI?
According to the Business Services industry distribution chart, Persol Holdings Co ranks #178 out of 1058 companies for ROE %. This places Persol Holdings Co in the top 17% of its industry — outperforming the majority of peers. The industry median ROE % is 8.10. Persol Holdings Co's value of 15.53% is 91.8% above this benchmark. Historically, Persol Holdings Co's own ROE % has ranged from 5.02 to 21.00 over the past decade. While the company's 10-year median is 14.89 vs. the industry median of 8.10, Persol Holdings Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Business Services company?
The median ROE % among Business Services companies is 8.10, based on 1,058 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Persol Holdings Co's current ROE % of 15.53% is 91.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Persol Holdings Co and its competitors. For the Business Services industry, the median ROE % is 8.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Persol Holdings Co's current ROE % is 15.53%, which is near median its own 10-year median of 14.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Persol Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Persol Holdings Co (TSE:2181) is currently considered Modestly Undervalued. The stock's GF Value™ is 円294.56, compared to a current price of 円243.10 — trading 17.5% below its estimated fair value. The current ROE % is 15.53%, which is near median its 10-year median of 14.89 and 91.8% above the Business Services industry median of 8.10. Persol Holdings Co's overall GF Score™ is 86/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Persol Holdings Co (TSE:2181), the current ROE % is 15.53% 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 Persol Holdings Co (TSE:2181) Overvalued in 2026?

Based on GuruFocus' analysis, Persol Holdings Co stock appears to be undervalued. The current stock price of 円243.10 is trading 17.5% below its estimated GF Value™ of 円294.56. GuruFocus considers Persol Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:2181:

  • ROE %: 15.53% (near median its 10-year median of 14.89)
  • GF Value™: 円294.56 vs. price of 円243.10 (17.5% below fair value)
  • GF Score™: 86/100
  • Industry Position: 91.8% above the Business Services median (#178 of 1058)

No single metric tells the full story. See the TSE:2181 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Persol Holdings Co Business Description

Address 2-1-1 Yoyogi, Shibuya-ku, Tokyo, JPN, 151-0053
Persol Holdings Co Ltd is a Japan-based company engaged in the provision of staffing and HR-related services. Its services include temporary staffing, recruitment, media, outsourcing, and job creation in a range of industries. The company's segments include Asia Pacific; Business Process Outsourcing (BPO); Career; Staffing; Technology; and Others. It generates the majority of its revenue from the Staffing segment, which is engaged in the temporary staffing business for a wide range of industries, mainly in the administrative field, mainly in Japan.
86GF Score

Get the complete analysis for TSE:2181

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

円243.10
Price
円294.56
GF Value