J.S.B.Co (TSE:3480) Scaled Net Operating Assets: 0.64 (As of Apr. 2026)


TSE:3480 J.S.B.Co Ltd TSE:3480
67 GF Score
Price 円8,980.00
GF Value 円3,566.56
Valuation Significantly Overvalued
! 4 Warning Signs
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What is J.S.B.Co Scaled Net Operating Assets?

J.S.B.Co TSE:3480 67 Scaled Net Operating Assets is 0.64 as of Apr. 2026. GuruFocus rates TSE:3480 with a GF Score™ of 67/100 and a GF Value™ of 円3,566.56 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

J.S.B.Co's operating assets for the quarter that ended in Apr. 2026 was 円76,868 Mil. J.S.B.Co's operating liabilities for the quarter that ended in Apr. 2026 was 円21,195 Mil. J.S.B.Co's Total Assets for the quarter that ended in Jan. 2026 was 円87,630 Mil. Therefore, J.S.B.Co's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2026 was 0.64.


J.S.B.Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for J.S.B.Co's Scaled Net Operating Assets 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.

J.S.B.Co Scaled Net Operating Assets Chart

J.S.B.Co Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.63 0.70 0.70 0.68

J.S.B.Co Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Oct24 Apr25 Jul25 Oct25 Jan26 Apr26
Scaled Net Operating Assets 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 0.65 0.60 0.63 0.63 0.64

J.S.B.Co Scaled Net Operating Assets Competitor Comparison

For the Real Estate - Diversified subindustry, J.S.B.Co's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.


J.S.B.Co Scaled Net Operating Assets vs Real Estate Industry

For the Real Estate industry and Real Estate sector, J.S.B.Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where J.S.B.Co's Scaled Net Operating Assets falls into.


TSE:3480
67GF Score
J.S.B.Co Ltd TSE:3480
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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J.S.B.Co Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

J.S.B.Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Oct. 2025 )
=(Operating Assets (A: Oct. 2025 )-Operating Liabilities (A: Oct. 2025 ))/Total Assets (A: Oct. 2024 )
=(71583.002-17238.611)/79973.984
=0.68

where

Operating Assets(A: Oct. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=88947.451 - 17364.449
=71583.002

Operating Liabilities(A: Oct. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=47318.104 - 28312.245 - 1767.248
=17238.611

J.S.B.Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Apr. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Apr. 2026 )
=(Operating Assets (Q: Apr. 2026 )-Operating Liabilities (Q: Apr. 2026 ))/Total Assets (Q: Jan. 2026 )
=(76867.922-21194.65)/87630.383
=0.64

where

Operating Assets(Q: Apr. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=99202.32 - 22334.398
=76867.922

Operating Liabilities(Q: Apr. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=53107.331 - 30291.411 - 1621.27
=21194.65

* 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 Scaled Net Operating Assets of 0.64 mean?
J.S.B.Co (TSE:3480) has a Scaled Net Operating Assets of 0.64 as of Apr. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on J.S.B.Co and its competitors.
Is J.S.B.Co's Scaled Net Operating Assets too high?
J.S.B.Co's current Scaled Net Operating Assets is 0.64. Overall, J.S.B.Co has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does J.S.B.Co's Scaled Net Operating Assets compare to competitors?
J.S.B.Co's Scaled Net Operating Assets of 0.64 can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Real Estate company?
A good Scaled Net Operating Assets depends on the Real Estate industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on J.S.B.Co and its competitors. J.S.B.Co's current Scaled Net Operating Assets is 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is J.S.B.Co stock overvalued right now?
Based on GuruFocus' analysis, J.S.B.Co (TSE:3480) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,566.56, compared to a current price of 円8,980.00 — trading 151.8% above its estimated fair value. The current Scaled Net Operating Assets is 0.64. J.S.B.Co's overall GF Score™ is 67/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For J.S.B.Co (TSE:3480), the current Scaled Net Operating Assets is 0.64 as of Apr. 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 J.S.B.Co (TSE:3480) Overvalued in 2026?

Based on GuruFocus' analysis, J.S.B.Co stock appears to be overvalued. The current stock price of 円8,980.00 is trading 151.8% above its estimated GF Value™ of 円3,566.56. GuruFocus considers J.S.B.Co to be Significantly Overvalued.

Key valuation signals for TSE:3480:

  • Scaled Net Operating Assets: 0.64
  • GF Value™: 円3,566.56 vs. price of 円8,980.00 (151.8% above fair value)
  • GF Score™: 67/100 with 4 warning signs

No single metric tells the full story. See the TSE:3480 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


J.S.B.Co Business Description

Address 655 Inabado-cho, Shimogyo-ku, Kyoto Prefecture, Kyoto, JPN, 600-8415
J.S.B.Co Ltd is engaged in the real estate rental management business in Japan. The company provides real estate rental and management services and is involved in planning and proposing apartments mainly aimed at students, and handling the renting of buildings after completion. It also provides building maintenance and tenant support services, property management services from asset management companies, and planning and management services for student dormitories from universities and other organizations.
67GF Score

Get the complete analysis for TSE:3480

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円8,980.00
Price
円3,566.56
GF Value