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Black Pearl GroupASX:BPG 15 PB Ratio is 2.60 as of Jul. 17, 2026, which is 69% below its 10-year median of 8.43. GuruFocus rates ASX:BPG with a GF Score™ of 15/100 and a GF Value™ of A$1.61 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,629 Software companies, Black Pearl Group ranks worse than 59.79% on this metric.
The historical rank and industry rank for Black Pearl Group's PB Ratio or its related term are showing as below:
ASX:BPG'
s PB Ratio Range Over the Past 10 Years
Min: 2.7 Med: 8.43 Max: 16.41
Current: 3.05
During the past 4 years, Black Pearl Group's highest PB Ratio was 16.41. The lowest was 2.70. And the median was 8.43.
ASX:BPG's PB Ratio is ranked worse than 59.79% of 2629
companies
in the Software industry
Industry Median: 2.39
vs ASX:BPG: 3.05
During the past 12 months, Black Pearl Group's average Book Value Per Share Growth Rate was 40.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 54.70% per year.
During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Black Pearl Group was 54.70% per year. The lowest was 54.70% per year. And the median was 54.70% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Black Pearl Group PB Ratio Related Terms
Black Pearl Group PB Ratio Historical Data
* Premium members only.
The historical data trend for Black Pearl Group's PB Ratio 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.
For the Software - Application subindustry, Black Pearl 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.
Black Pearl Group PB Ratio vs Software Industry
For the Software industry and Technology sector, Black Pearl Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Black Pearl Group's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Black Pearl Group (ASX:BPG) has a PB Ratio of 2.60 as of Jul. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Black Pearl Group and its competitors. This is 69% below median its historical median of 8.43. Over the past decade, Black Pearl Group's PB Ratio has ranged from 2.70 to 16.41. According to the industry distribution chart, Black Pearl Group ranks #1572 out of 2629 companies in the Software industry, placing it in the top 59.8%.
Is Black Pearl Group's PB Ratio too high?
Black Pearl Group's current PB Ratio of 2.60 is 69% below median its 10-year median of 8.43. Over the past 10 years, this metric has ranged from a low of 2.70 to a high of 16.41. The Software industry median PB Ratio is 2.39. Black Pearl Group's value of 2.60 is 8.8% above this industry median. Based on the distribution chart, Black Pearl Group ranks #1572 out of 2629 companies in the Software industry, which is below the industry midpoint. Overall, Black Pearl Group has a GF Score™ of 15/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Black Pearl Group's PB Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Black Pearl Group ranks #1572 out of 2629 companies for PB Ratio. This places Black Pearl Group in the lower half of its industry. The industry median PB Ratio is 2.39. Black Pearl Group's value of 2.60 is 8.8% above this benchmark. Historically, Black Pearl Group's own PB Ratio has ranged from 2.70 to 16.41 over the past decade. While the company's 10-year median is 8.43 vs. the industry median of 2.39, Black Pearl Group 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 PB Ratio for a Software company?
The median PB Ratio among Software companies is 2.39, based on 2,629 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Black Pearl Group's current PB Ratio of 2.60 is 8.8% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Black Pearl Group and its competitors. For the Software industry, the median PB Ratio is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Pearl Group's current PB Ratio is 2.60, which is 69% below median its own 10-year median of 8.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Pearl Group stock overvalued right now?
Based on GuruFocus' analysis, Black Pearl Group (ASX:BPG) is currently considered Possible Value Trap. The stock's GF Value™ is A$1.61, compared to a current price of A$0.40 — trading 75.2% below its estimated fair value. The current PB Ratio is 2.60, which is 69% below median its 10-year median of 8.43 and 8.8% above the Software industry median of 2.39. Black Pearl Group's overall GF Score™ is 15/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Black Pearl Group (ASX:BPG), the current PB Ratio is 2.60 as of Jul. 17, 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 Black Pearl Group (ASX:BPG) Overvalued in 2026?
Based on GuruFocus' analysis, Black Pearl Group stock appears to be undervalued.
The current stock price of A$0.40 is trading 75.2% below its estimated GF Value™ of A$1.61.
GuruFocus considers Black Pearl Group to be Possible Value Trap.
Key valuation signals for ASX:BPG:
PB Ratio: 2.60 (69% below median its 10-year median of 8.43)
GF Value™: A$1.61 vs. price of A$0.40 (75.2% below fair value)
Industry Position: 8.8% above the Software median (#1572 of 2629)
No single metric tells the full story. See the ASX:BPG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Black Pearl Group Ltd is a data technology company that builds, acquires, and markets data-driven cloud services, consisting of a suite of productivity and demand generation applications for small and medium-sized businesses. The company had two reportable segments based on the company's product subscriptions available during the year: Pearl Diver and Newoldstamp. The company makes the majority of its revenue from subscriptions to Pearl Diver.
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