Mobvoi (HKSE:02438) PB Ratio: 2.07 (As of Aug. 10, 2026) — 19% Below Median

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HKSE:02438 Mobvoi Inc HKSE:02438
8 GF Score
Price HK$0.35
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What is Mobvoi PB Ratio?

Mobvoi HKSE:02438 -1.43% 8 PB Ratio is 2.07 as of Aug. 10, 2026, which is 19% below its 10-year median of 2.57. GuruFocus rates HKSE:02438 with a GF Score™ of 8/100. The stock has 5 warning signs investors should review. Among 2,630 Software companies, Mobvoi ranks better than 58.44% 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 (2026-08-10), Mobvoi's share price is HK$0.345. Mobvoi's Book Value per Share for the quarter that ended in Dec. 2025 was HK$0.17. Hence, Mobvoi's PB Ratio of today is 2.07.

The historical rank and industry rank for Mobvoi's PB Ratio or its related term are showing as below:

HKSE:02438' s PB Ratio Range Over the Past 10 Years
Min: 1.43   Med: 2.57   Max: 4.39
Current: 2.03

During the past 5 years, Mobvoi's highest PB Ratio was 4.39. The lowest was 1.43. And the median was 2.57.

HKSE:02438's PB Ratio is ranked better than
58.44% of 2630 companies
in the Software industry
Industry Median: 2.49 vs HKSE:02438: 2.03

During the past 12 months, Mobvoi's average Book Value Per Share Growth Rate was -22.00% per year.

Back to Basics: PB Ratio


Mobvoi  (HKSE:02438) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Mobvoi PB Ratio Related Terms


Mobvoi PB Ratio Historical Data

* Premium members only.

The historical data trend for Mobvoi'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.

Mobvoi PB Ratio Chart

Mobvoi Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
0.00 0.00 0.00 3.13 3.35

Mobvoi Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
PB Ratio Get a 7-Day Free Trial 0.00 6.18 3.13 1.78 3.35

HKSE:02438 vs MSFT, ORCL, PLTR: PB Ratio Comparison

For the Software - Infrastructure subindustry, Mobvoi'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.


Mobvoi PB Ratio vs Software Industry

For the Software industry and Technology sector, Mobvoi's PB Ratio distribution charts can be found below:

* The bar in red indicates where Mobvoi's PB Ratio falls into.


HKSE:02438
8GF Score
Mobvoi Inc HKSE:02438
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Mobvoi PB Ratio Calculation

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.

Mobvoi's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.345/0.167
=2.07

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 2.07 mean?
Mobvoi (HKSE:02438) has a PB Ratio of 2.07 as of Aug. 10, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Mobvoi and its competitors. This is 19% below median its historical median of 2.57. Over the past decade, Mobvoi's PB Ratio has ranged from 1.43 to 4.39. According to the industry distribution chart, Mobvoi ranks #1093 out of 2630 companies in the Software industry, placing it in the top 41.6%.
Is Mobvoi's PB Ratio too high?
Mobvoi's current PB Ratio of 2.07 is 19% below median its 10-year median of 2.57. Over the past 10 years, this metric has ranged from a low of 1.43 to a high of 4.39. The Software industry median PB Ratio is 2.49. Mobvoi's value of 2.07 is 16.9% below this industry median. Based on the distribution chart, Mobvoi ranks #1093 out of 2630 companies in the Software industry, which is above the industry midpoint. Overall, Mobvoi has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Mobvoi's PB Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, Mobvoi ranks #1093 out of 2630 companies for PB Ratio. This puts Mobvoi in the upper half of its industry. The industry median PB Ratio is 2.49. Mobvoi's value of 2.07 is 16.9% below this benchmark. Historically, Mobvoi's own PB Ratio has ranged from 1.43 to 4.39 over the past decade. While the company's 10-year median is 2.57 vs. the industry median of 2.49, Mobvoi 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 Software company?
The median PB Ratio among Software companies is 2.49, based on 2,630 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. Mobvoi's current PB Ratio of 2.07 is 16.9% 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 Mobvoi and its competitors. For the Software industry, the median PB Ratio is 2.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mobvoi's current PB Ratio is 2.07, which is 19% below median its own 10-year median of 2.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mobvoi stock overvalued right now?
Mobvoi (HKSE:02438) has a current PB Ratio of 2.07. The current PB Ratio is 2.07, which is 19% below median its 10-year median of 2.57 and 16.9% below the Software industry median of 2.49. Mobvoi's overall GF Score™ is 8/100 with 5 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 Mobvoi (HKSE:02438), the current PB Ratio is 2.07 as of Aug. 10, 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.

Mobvoi Business Description

Address No. 6 Xingzhi Road, Level 23, Building 3, Economic and Technology Development Zone, Nanjing, CHN
Mobvoi Inc is engaged in providing AIGC solutions, AI enterprise solutions, smart devices and accessories with generative AI and voice interaction technologies at the core of business. The company is engaged providing hardware and software integrated AI products and services to enterprises and consumers across multiple countries and regions. Its business segments consist of AI Software Solutions, which comprise AIGC solutions and AI enterprise solutions; and AI Hardware includes the sale of smart devices and other accessories. Key revenue is generated from AI Hardware Solutions. The company geographically operates in Mainland China, Germany, and Other Countries.
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