TOP (TOP Financial Group) Book Value per Share: $0.94 (As of Sep. 2025)


TOP TOP Financial Group Ltd TOP
65 GF Score
Price $1.67
GF Value $1.45
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is TOP Financial Group Book Value per Share?

TOP Financial Group TOP +4.38% 65 Book Value per Share is $0.94 as of Sep. 2025. GuruFocus rates TOP with a GF Score™ of 65/100 and a GF Value™ of $1.45 (Modestly Overvalued). The stock has 9 warning signs investors should review.

TOP Financial Group's book value per share for the quarter that ended in Sep. 2025 was $0.94.

During the past 12 months, TOP Financial Group's average Book Value Per Share Growth Rate was -12.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 47.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 51.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of TOP Financial Group was 78.40% per year. The lowest was 47.90% per year. And the median was 77.40% per year.

TOP Financial Group's current price is $1.67. Its book value per share for the quarter that ended in Sep. 2025 was $0.94. Hence, today's PB Ratio of TOP Financial Group is 1.77.

During the past 6 years, the highest P/B Ratio of TOP Financial Group was 147.77. The lowest was 0.80. And the median was 2.28.

Warning Sign:

TOP Financial Group Ltd stock PB Ratio (=1.7) is close to 1-year high of 1.7.


TOP Financial Group  (NAS:TOP) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


TOP Financial Group Book Value per Share Related Terms


TOP Financial Group Book Value per Share Historical Data

* Premium members only.

The historical data trend for TOP Financial Group's Book Value per Share 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.

TOP Financial Group Book Value per Share Chart

TOP Financial Group Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Book Value per Share
Get a 7-Day Free Trial 0.19 0.29 1.03 1.10 0.94

TOP Financial Group Semi-Annual Data
Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.11 1.10 1.08 0.94 0.94

TOP vs NCTY, AURE, SIEB: Book Value per Share Comparison

For the Capital Markets subindustry, TOP Financial Group's PB Ratio, along with its competitors' market caps and PB Ratio 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.


TOP Financial Group PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, TOP Financial Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where TOP Financial Group's PB Ratio falls into.


TOP
65GF Score
TOP Financial Group Ltd TOP
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TOP Financial Group Book Value per Share Calculation

TOP Financial Group's Book Value Per Share for the fiscal year that ended in Mar. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(34.89-0.00)/37.04
=0.94

TOP Financial Group's Book Value Per Share for the quarter that ended in Sep. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(34.95-0.00)/37.07
=0.94

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of $0.94 mean?
TOP Financial Group (TOP) has a Book Value per Share of $0.94 as of Sep. 2025. Book value per share gives the per-share value of a company's stockholder equity. View historical data on TOP Financial Group and its competitors.
Is TOP Financial Group's Book Value per Share too high?
TOP Financial Group's current Book Value per Share is $0.94. Overall, TOP Financial Group has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TOP Financial Group's Book Value per Share compare to NCTY and AURE?
TOP Financial Group's Book Value per Share of $0.94 can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Capital Markets company?
A good Book Value per Share depends on the Capital Markets industry context. However, Book Value per Share 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 Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on TOP Financial Group and its competitors. TOP Financial Group's current Book Value per Share is $0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOP Financial Group stock overvalued right now?
Based on GuruFocus' analysis, TOP Financial Group (TOP) is currently considered Modestly Overvalued. The stock's GF Value™ is $1.45, compared to a current price of $1.67 — trading 15.2% above its estimated fair value. The current Book Value per Share is $0.94. TOP Financial Group's overall GF Score™ is 65/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For TOP Financial Group (TOP), the current Book Value per Share is $0.94 as of Sep. 2025. 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 TOP Financial Group (TOP) Overvalued in 2026?

Based on GuruFocus' analysis, TOP Financial Group stock appears to be overvalued. The current stock price of $1.67 is trading 15.2% above its estimated GF Value™ of $1.45. GuruFocus considers TOP Financial Group to be Modestly Overvalued.

Key valuation signals for TOP:

  • Book Value per Share: $0.94
  • GF Value™: $1.45 vs. price of $1.67 (15.2% above fair value)
  • GF Score™: 65/100 with 9 warning signs

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


TOP Financial Group Business Description

Address 101 Cecil Street, No. 13-05, Tong Eng Building, Singapore, SGP, 069533
TOP Financial Group Ltd is an online brokerage firm in Hong Kong specializing in trading local and overseas equities, futures, and options products. The Company generates brokerage commission income by enabling its customers to trade on multiple exchanges present globally. The company operates in only one segment which is the futures brokerage service.
65GF Score

Get the complete analysis for TOP

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

$1.67
Price
$1.45
GF Value