Bytes Technology GroupBYITY -7.06%62 PB Ratio is 10.59 as of Jun. 28, 2026, which is 45% below its 10-year median of 19.34. GuruFocus rates BYITY with a GF Score™ of 62/100 and a GF Value™ of $14.00 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,623 Software companies, Bytes Technology Group ranks worse than 91.46% on this metric.
The historical rank and industry rank for Bytes Technology Group's PB Ratio or its related term are showing as below:
BYITY'
s PB Ratio Range Over the Past 10 Years
Min: 7.28 Med: 19.34 Max: 81.71
Current: 11.03
During the past 9 years, Bytes Technology Group's highest PB Ratio was 81.71. The lowest was 7.28. And the median was 19.34.
BYITY's PB Ratio is ranked worse than 91.46% of 2623
companies
in the Software industry
Industry Median: 2.33
vs BYITY: 11.03
During the past 12 months, Bytes Technology Group's average Book Value Per Share Growth Rate was -15.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 10.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 34.30% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Bytes Technology Group was 67.00% per year. The lowest was -20.60% per year. And the median was 14.75% per year.
Back to Basics: PB Ratio
Bytes Technology Group (OTCPK:BYITY) PB Ratio Explanation
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.
* 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 - Infrastructure subindustry, Bytes Technology 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.
Bytes Technology Group PB Ratio vs Software Industry
For the Software industry and Technology sector, Bytes Technology Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Bytes Technology 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.
Bytes Technology Group (BYITY) has a PB Ratio of 10.59 as of Jun. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Bytes Technology Group and its competitors. This is 45% below median its historical median of 19.34. Over the past decade, Bytes Technology Group's PB Ratio has ranged from 7.28 to 81.71. According to the industry distribution chart, Bytes Technology Group ranks #2399 out of 2623 companies in the Software industry, placing it in the top 91.5%.
Is Bytes Technology Group's PB Ratio too high?
Bytes Technology Group's current PB Ratio of 10.59 is 45% below median its 10-year median of 19.34. Over the past 10 years, this metric has ranged from a low of 7.28 to a high of 81.71. The Software industry median PB Ratio is 2.33. Bytes Technology Group's value of 10.59 is 354.5% above this industry median. Based on the distribution chart, Bytes Technology Group ranks #2399 out of 2623 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Bytes Technology Group has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bytes Technology Group's PB Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, Bytes Technology Group ranks #2399 out of 2623 companies for PB Ratio. This places Bytes Technology Group in the lower half of its industry. The industry median PB Ratio is 2.33. Bytes Technology Group's value of 10.59 is 354.5% above this benchmark. Historically, Bytes Technology Group's own PB Ratio has ranged from 7.28 to 81.71 over the past decade. While the company's 10-year median is 19.34 vs. the industry median of 2.33, Bytes Technology 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 2.33, based on 2,623 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. Bytes Technology Group's current PB Ratio of 10.59 is 354.5% 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 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 Bytes Technology Group and its competitors. For the Software industry, the median PB Ratio is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bytes Technology Group's current PB Ratio is 10.59, which is 45% below median its own 10-year median of 19.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bytes Technology Group stock overvalued right now?
Based on GuruFocus' analysis, Bytes Technology Group (BYITY) is currently considered Significantly Undervalued. The stock's GF Value™ is $14.00, compared to a current price of $9.88 — trading 29.4% below its estimated fair value. The current PB Ratio is 10.59, which is 45% below median its 10-year median of 19.34 and 354.5% above the Software industry median of 2.33. Bytes Technology Group's overall GF Score™ is 62/100 with 3 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 Bytes Technology Group (BYITY), the current PB Ratio is 10.59 as of Jun. 28, 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 Bytes Technology Group (BYITY) Overvalued in 2026?
Based on GuruFocus' analysis, Bytes Technology Group stock appears to be undervalued.
The current stock price of $9.88 is trading 29.4% below its estimated GF Value™ of $14.00.
GuruFocus considers Bytes Technology Group to be Significantly Undervalued.
Key valuation signals for BYITY:
PB Ratio: 10.59 (45% below median its 10-year median of 19.34)
GF Value™: $14.00 vs. price of $9.88 (29.4% below fair value)
Industry Position: 354.5% above the Software median (#2399 of 2623)
No single metric tells the full story. See the BYITY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bytes Technology Group PLC is one of the UK's heading providers of IT software offerings and solutions, with a focus on cloud and security products. The Group enables effective and cost-efficient technology sourcing, adoption and management across software services, including in the areas of security and cloud. The company has only one reportable segment. The company's products are Software, Hardware, Services internal, and Services external. The company has presence in United Kingdom, Europe, Rest of world. The company generates majority of revenue from United Kingdom.
62GF Score
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