Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Future MachineHKSE:01401 -5.49%70 PB Ratio is 0.55 as of Sep. 04, 2026, which is 74% below its 10-year median of 2.12. GuruFocus rates HKSE:01401 with a GF Score™ of 70/100 and a GF Value™ of HK$2.15 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,413 Hardware companies, Future Machine ranks better than 91.59% on this metric.
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. As of today (2026-09-04), Future Machine's share price is HK$0.241. Future Machine's Book Value per Share for the quarter that ended in Dec. 2025 was HK$0.44. Hence, Future Machine's PB Ratio of today is 0.55.
Good Sign:
Future Machine Ltd stock PB Ratio (=0.55) is close to 10-year low of 0.52.
The historical rank and industry rank for Future Machine's PB Ratio or its related term are showing as below:
HKSE:01401'
s PB Ratio Range Over the Past 10 Years
Min: 0.52 Med: 2.12 Max: 37.35
Current: 0.55
During the past 10 years, Future Machine's highest PB Ratio was 37.35. The lowest was 0.52. And the median was 2.12.
HKSE:01401's PB Ratio is ranked better than 91.59% of 2413
companies
in the Hardware industry
Industry Median: 2.29
vs HKSE:01401: 0.55
During the past 12 months, Future Machine's average Book Value Per Share Growth Rate was 32.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 13.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.40% per year.
During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Future Machine was 64.60% per year. The lowest was -0.80% per year. And the median was 13.40% 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.
Future Machine PB Ratio Related Terms
Future Machine PB Ratio Historical Data
* Premium members only.
The historical data trend for Future Machine'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 Consumer Electronics subindustry, Future Machine'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.
Future Machine PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Future Machine's PB Ratio distribution charts can be found below:
* The bar in red indicates where Future Machine'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.
Future Machine's PB Ratio for today is calculated as follows:
* 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.
Future Machine (HKSE:01401) has a PB Ratio of 0.55 as of Sep. 04, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Future Machine and its competitors. This is 74% below median its historical median of 2.12. Over the past decade, Future Machine's PB Ratio has ranged from 0.52 to 37.35. According to the industry distribution chart, Future Machine ranks #203 out of 2413 companies in the Hardware industry, placing it in the top 8.4%.
Is Future Machine's PB Ratio too high?
Future Machine's current PB Ratio of 0.55 is 74% below median its 10-year median of 2.12. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 37.35. The Hardware industry median PB Ratio is 2.29. Future Machine's value of 0.55 is 76% below this industry median. Based on the distribution chart, Future Machine ranks #203 out of 2413 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Future Machine has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Future Machine's PB Ratio compare to AAPL?
According to the Hardware industry distribution chart, Future Machine ranks #203 out of 2413 companies for PB Ratio. This places Future Machine in the top 8% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.29. Future Machine's value of 0.55 is 76% below this benchmark. Historically, Future Machine's own PB Ratio has ranged from 0.52 to 37.35 over the past decade. While the company's 10-year median is 2.12 vs. the industry median of 2.29, Future Machine has consistently been below 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 Hardware company?
The median PB Ratio among Hardware companies is 2.29, based on 2,413 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. Future Machine's current PB Ratio of 0.55 is 76% below 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 Future Machine and its competitors. For the Hardware industry, the median PB Ratio is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Future Machine's current PB Ratio is 0.55, which is 74% below median its own 10-year median of 2.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Future Machine stock overvalued right now?
Based on GuruFocus' analysis, Future Machine (HKSE:01401) is currently considered Possible Value Trap. The stock's GF Value™ is HK$2.15, compared to a current price of HK$0.24 — trading 88.8% below its estimated fair value. The current PB Ratio is 0.55, which is 74% below median its 10-year median of 2.12 and 76% below the Hardware industry median of 2.29. Future Machine's overall GF Score™ is 70/100 with 6 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 Future Machine (HKSE:01401), the current PB Ratio is 0.55 as of Sep. 04, 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 Future Machine (HKSE:01401) Overvalued in 2026?
Based on GuruFocus' analysis, Future Machine stock appears to be undervalued.
The current stock price of HK$0.24 is trading 88.8% below its estimated GF Value™ of HK$2.15.
GuruFocus considers Future Machine to be Possible Value Trap.
Key valuation signals for HKSE:01401:
PB Ratio: 0.55 (74% below median its 10-year median of 2.12)
GF Value™: HK$2.15 vs. price of HK$0.24 (88.8% below fair value)
Industry Position: 76% below the Hardware median (#203 of 2413)
No single metric tells the full story. See the HKSE:01401 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Future Machine Ltd is an investment holding company. The principal activities of its subsidiaries are designing, manufacturing and sales of mobile phones and printed circuit board assembly products (PCBA) and Internet of things (IoT) related products and investment holding. It generates a majority of its revenue from the sale of feature phones and smartphones. Geographically, the group derives its key revenue from the People's Republic of China (PRC), and also has a presence in India, Pakistan, the United States of America, Bangladesh, Algeria, Yemen, Dubai, and other markets.
70GF Score
Get the complete analysis for HKSE:01401
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:01401 has been successfully added to your 
