Money Forward (3994.T)

P/B ratio as of December 2025 : 4.15

According to Money Forward's latest financial reports the company has a price-to-book ratio of 6.07263.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Money Forward - P/B ratio (from 2019 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	N/A	-100%
2024-12-31	7.93	12.59%
2023-12-31	7.04	6.44%
2022-12-31	6.61	-23.31%
2021-12-31	8.62	-62.67%
2020-12-31	23.1
2019-12-31	N/A
2018-12-31	N/A	-100%
2017-12-31	15.0
2016-12-31	N/A

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Money Forward (3994.T) - P/B ratio