MF (MindForge) PB Ratio: 0.14 (As of Jul. 22, 2026) — 93% Below Median

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Director of Data and Quant Analytics at GuruFocus
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MF MindForge Inc MF
19 GF Score
Price $4.20
! 6 Warning Signs
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What is MindForge PB Ratio?

MindForge MF -1.18% 19 PB Ratio is 0.14 as of Jul. 22, 2026, which is 93% below its 10-year median of 1.87. GuruFocus rates MF with a GF Score™ of 19/100. The stock has 6 warning signs investors should review. Among 920 Media - Diversified companies, MindForge ranks better than 98.04% 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 (2026-07-22), MindForge's share price is $4.1999. MindForge's Book Value per Share for the quarter that ended in Dec. 2025 was $30.53. Hence, MindForge's PB Ratio of today is 0.14.

Good Sign:

MindForge Inc stock PB Ratio (=0.14) is close to 3-year low of 0.13.

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

MF' s PB Ratio Range Over the Past 10 Years
Min: 0.13   Med: 1.87   Max: 292.57
Current: 0.14

During the past 6 years, MindForge's highest PB Ratio was 292.57. The lowest was 0.13. And the median was 1.87.

MF's PB Ratio is ranked better than
98.04% of 920 companies
in the Media - Diversified industry
Industry Median: 1.28 vs MF: 0.14

During the past 12 months, MindForge's average Book Value Per Share Growth Rate was -80.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 19.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 73.30% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of MindForge was 469.80% per year. The lowest was 11.00% per year. And the median was 19.50% per year.

Back to Basics: PB Ratio


MindForge  (NAS:MF) 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.


MindForge PB Ratio Related Terms


MindForge PB Ratio Historical Data

* Premium members only.

The historical data trend for MindForge'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.

MindForge PB Ratio Chart

MindForge Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PB Ratio
Get a 7-Day Free Trial 0.00 0.00 0.00 14.25 3.03

MindForge Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 14.25 0.53 3.03 1.64

MF vs XONI, DLPN, STFS: PB Ratio Comparison

For the Advertising Agencies subindustry, MindForge'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.


MindForge PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, MindForge's PB Ratio distribution charts can be found below:

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


MF
19GF Score
MindForge Inc MF
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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MindForge 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=4.1999/30.528
=0.14

* 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 0.14 mean?
MindForge (MF) has a PB Ratio of 0.14 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on MindForge and its competitors. This is 93% below median its historical median of 1.87. Over the past decade, MindForge's PB Ratio has ranged from 0.13 to 292.57. According to the industry distribution chart, MindForge ranks #18 out of 920 companies in the Media - Diversified industry, placing it in the top 2%.
Is MindForge's PB Ratio too high?
MindForge's current PB Ratio of 0.14 is 93% below median its 10-year median of 1.87. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 292.57. The Media - Diversified industry median PB Ratio is 1.28. MindForge's value of 0.14 is 89.1% below this industry median. Based on the distribution chart, MindForge ranks #18 out of 920 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, MindForge has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does MindForge's PB Ratio compare to XONI and DLPN?
According to the Media - Diversified industry distribution chart, MindForge ranks #18 out of 920 companies for PB Ratio. This places MindForge in the top 2% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.28. MindForge's value of 0.14 is 89.1% below this benchmark. Historically, MindForge's own PB Ratio has ranged from 0.13 to 292.57 over the past decade. While the company's 10-year median is 1.87 vs. the industry median of 1.28, MindForge 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 Media - Diversified company?
The median PB Ratio among Media - Diversified companies is 1.28, based on 920 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. MindForge's current PB Ratio of 0.14 is 89.1% 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 MindForge and its competitors. For the Media - Diversified industry, the median PB Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MindForge's current PB Ratio is 0.14, which is 93% below median its own 10-year median of 1.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MindForge stock overvalued right now?
MindForge (MF) has a current PB Ratio of 0.14. The current PB Ratio is 0.14, which is 93% below median its 10-year median of 1.87 and 89.1% below the Media - Diversified industry median of 1.28. MindForge's overall GF Score™ is 19/100 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 MindForge (MF), the current PB Ratio is 0.14 as of Jul. 22, 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.

MindForge Business Description

Address No. 1 Linkong Er Road, Zhongguan Science and Technology Park, Shunyi District, Beijing, CHN
U-BX Technology Ltd focuses on providing value-added services using artificial intelligence-driven technology to businesses in the insurance industry, including insurance carriers and brokers. Its main offerings include three services/products: digital promotion services, risk assessment services, and value-added bundled benefits. The PRC operating entities help their institutional clients gain visibility on various social media platforms and generate revenue based on consumers' clicks, views, or clients' promotion time on these channels. U-BX Beijing developed a unique algorithm named the Magic Mirror. The majority of revenue comes from digital promotion services. Geographically, all of the company's revenue is derived from Mainland China.
19GF Score

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