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.
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.
Bookoff Group HoldingsTSE:9278 +6.33%78 ROE % is 32.22% as of Feb. 2026, which is 210% above its 10-year median of 10.41. GuruFocus rates TSE:9278 with a GF Score™ of 78/100 and a GF Value™ of 円1,841.31 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,097 Retail - Cyclical companies, Bookoff Group Holdings ranks better than 64.45% on this metric.
The historical rank and industry rank for Bookoff Group Holdings's ROE % or its related term are showing as below:
TSE:9278'
s ROE % Range Over the Past 10 Years
Min: -0.54 Med: 10.41 Max: 16.91
Current: 11.33
During the past 8 years, Bookoff Group Holdings's highest ROE % was 16.91%. The lowest was -0.54%. And the median was 10.41%.
TSE:9278's ROE % is ranked better than 64.45% of 1097
companies
in the Retail - Cyclical industry
Industry Median: 6.49
vs TSE:9278: 11.33
Bookoff Group Holdings (TSE:9278) 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:
Note:
The net income data used here is four times the quarterly (Feb. 2026) net income data. The Revenue data used here is four times the quarterly (Feb. 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.
* 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.
For the Specialty Retail subindustry, Bookoff Group Holdings'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.
Bookoff Group Holdings ROE % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Bookoff Group Holdings's ROE % distribution charts can be found below:
* The bar in red indicates where Bookoff Group Holdings's ROE % falls into.
* 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 (Feb. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Bookoff Group Holdings (TSE:9278) has a ROE % of 32.22% as of Feb. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Bookoff Group Holdings and its competitors. This is 210% above median its historical median of 10.41. According to the industry distribution chart, Bookoff Group Holdings ranks #390 out of 1097 companies in the Retail - Cyclical industry, placing it in the top 35.6%.
Is Bookoff Group Holdings' ROE % too high?
Bookoff Group Holdings' current ROE % of 32.22% is 210% above median its 10-year median of 10.41. The Retail - Cyclical industry median ROE % is 6.49. Bookoff Group Holdings' value of 32.22% is 396.5% above this industry median. Based on the distribution chart, Bookoff Group Holdings ranks #390 out of 1097 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Bookoff Group Holdings has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bookoff Group Holdings' ROE % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Bookoff Group Holdings ranks #390 out of 1097 companies for ROE %. This puts Bookoff Group Holdings in the upper half of its industry. The industry median ROE % is 6.49. Bookoff Group Holdings' value of 32.22% is 396.5% above this benchmark. While the company's 10-year median is 10.41 vs. the industry median of 6.49, Bookoff Group Holdings 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 Retail - Cyclical company?
The median ROE % among Retail - Cyclical companies is 6.49, based on 1,097 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. Bookoff Group Holdings's current ROE % of 32.22% is 396.5% 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 Bookoff Group Holdings and its competitors. For the Retail - Cyclical industry, the median ROE % is 6.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bookoff Group Holdings's current ROE % is 32.22%, which is 210% above median its own 10-year median of 10.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bookoff Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Bookoff Group Holdings (TSE:9278) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,841.31, compared to a current price of 円2,638.00 — trading 43.3% above its estimated fair value. The current ROE % is 32.22%, which is 210% above median its 10-year median of 10.41 and 396.5% above the Retail - Cyclical industry median of 6.49. Bookoff Group Holdings' overall GF Score™ is 78/100 with 6 warning signs to review. 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 Bookoff Group Holdings (TSE:9278), the current ROE % is 32.22% as of Feb. 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 Bookoff Group Holdings (TSE:9278) Overvalued in 2026?
Based on GuruFocus' analysis, Bookoff Group Holdings stock appears to be overvalued.
The current stock price of 円2,638.00 is trading 43.3% above its estimated GF Value™ of 円1,841.31.
GuruFocus considers Bookoff Group Holdings to be Significantly Overvalued.
Key valuation signals for TSE:9278:
ROE %: 32.22% (210% above median its 10-year median of 10.41)
GF Value™: 円1,841.31 vs. price of 円2,638.00 (43.3% above fair value)
Industry Position: 396.5% above the Retail - Cyclical median (#390 of 1097)
No single metric tells the full story. See the TSE:9278 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bookoff Group Holdings Ltd purchases and sells books, software, apparel, sporting goods, baby goods, watches, luxury-brand bags, precious metals, kitchenware, and household goods through its stores, which include BOOKOFF SUPER BAZAAR stores and BOOKOFF PLUS stores. The company's business segments are Reuse Store Business, BOOKOFF Online Business, HUGALL Business, and Packaged Media Business.
78GF Score
Get the complete analysis for TSE:9278
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:9278 has been successfully added to your 
