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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, Horizon Quantum Holdings'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.
Horizon Quantum Holdings PB Ratio vs Software Industry
For the Software industry and Technology sector, Horizon Quantum Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where Horizon Quantum Holdings'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.
Horizon Quantum Holdings (HQ) has a PB Ratio of 14.98 as of Aug. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Horizon Quantum Holdings and its competitors. According to the industry distribution chart, Horizon Quantum Holdings ranks #2505 out of 2630 companies in the Software industry, placing it in the top 95.2%.
Is Horizon Quantum Holdings' PB Ratio too high?
Horizon Quantum Holdings' current PB Ratio is 14.98. The Software industry median PB Ratio is 2.49. Horizon Quantum Holdings' value of 14.98 is 501.6% above this industry median. Based on the distribution chart, Horizon Quantum Holdings ranks #2505 out of 2630 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Horizon Quantum Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Horizon Quantum Holdings' PB Ratio compare to CGNT and RPD?
According to the Software industry distribution chart, Horizon Quantum Holdings ranks #2505 out of 2630 companies for PB Ratio. This places Horizon Quantum Holdings in the lower half of its industry. The industry median PB Ratio is 2.49. Horizon Quantum Holdings' value of 14.98 is 501.6% above this benchmark. 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. Horizon Quantum Holdings's current PB Ratio of 14.98 is 501.6% 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 Horizon Quantum Holdings 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. Horizon Quantum Holdings's current PB Ratio is 14.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horizon Quantum Holdings stock overvalued right now?
Horizon Quantum Holdings (HQ) has a current PB Ratio of 14.98. The current PB Ratio is 14.98 and 501.6% above the Software industry median of 2.49. Horizon Quantum Holdings' overall GF Score™ is 12/100 with 2 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 Horizon Quantum Holdings (HQ), the current PB Ratio is 14.98 as of Aug. 09, 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.
Horizon Quantum Holdings Ltd is building software infrastructure to make quantum computers accessible to commercial enterprises and hardware providers. By bridging the gap between hardware and applications, the company seeks to equip developers, researchers, and enterprises with the quantum software infrastructure needed to solve real-world problems. The company is developing tools that can automatically accelerate code written for conventional computers on quantum computers.
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