Baker Technology (SGX:BTP) PB Ratio: 0.44 (As of Jul. 26, 2026) — 10% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

SGX:BTP Baker Technology Ltd SGX:BTP
29 GF Score
Price S$0.45
GF Value S$0.26
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Baker Technology PB Ratio?

Baker Technology SGX:BTP 29 PB Ratio is 0.44 as of Jul. 26, 2026, which is 10% below its 10-year median of 0.49. GuruFocus rates SGX:BTP with a GF Score™ of 29/100 and a GF Value™ of S$0.26 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 927 Oil & Gas companies, Baker Technology ranks better than 90.94% 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 (2026-07-26), Baker Technology's share price is S$0.445. Baker Technology's Book Value per Share for the quarter that ended in Dec. 2025 was S$1.01. Hence, Baker Technology's PB Ratio of today is 0.44.

Good Sign:

Baker Technology Ltd stock PB Ratio (=0.44) is close to 3-year low of 0.43.

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

SGX:BTP' s PB Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.49   Max: 0.71
Current: 0.44

During the past 13 years, Baker Technology's highest PB Ratio was 0.71. The lowest was 0.18. And the median was 0.49.

SGX:BTP's PB Ratio is ranked better than
90.94% of 927 companies
in the Oil & Gas industry
Industry Median: 1.47 vs SGX:BTP: 0.44

During the past 12 months, Baker Technology's average Book Value Per Share Growth Rate was -13.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -1.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Baker Technology was 38.60% per year. The lowest was -14.70% per year. And the median was -1.20% per year.

Back to Basics: PB Ratio


Baker Technology  (SGX:BTP) 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.


Baker Technology PB Ratio Related Terms


Baker Technology PB Ratio Historical Data

* Premium members only.

The historical data trend for Baker Technology'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.

Baker Technology PB Ratio Chart

Baker Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.62 0.48 0.53 0.50

Baker Technology Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.48 0.53 0.53 0.53 0.50

SGX:BTP vs SLB, BKR, HAL: PB Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Baker Technology'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.


Baker Technology PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Baker Technology's PB Ratio distribution charts can be found below:

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


SGX:BTP
29GF Score
Baker Technology Ltd SGX:BTP
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Baker Technology 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.

Baker Technology's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.445/1.005
=0.44

* 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 0.44 mean?
Baker Technology (SGX:BTP) has a PB Ratio of 0.44 as of Jul. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Baker Technology and its competitors. This is 10% below median its historical median of 0.49. Over the past decade, Baker Technology's PB Ratio has ranged from 0.18 to 0.71. According to the industry distribution chart, Baker Technology ranks #84 out of 927 companies in the Oil & Gas industry, placing it in the top 9.1%.
Is Baker Technology's PB Ratio too high?
Baker Technology's current PB Ratio of 0.44 is 10% below median its 10-year median of 0.49. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.71. The Oil & Gas industry median PB Ratio is 1.47. Baker Technology's value of 0.44 is 70.1% below this industry median. Based on the distribution chart, Baker Technology ranks #84 out of 927 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Baker Technology has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Baker Technology's PB Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Baker Technology ranks #84 out of 927 companies for PB Ratio. This places Baker Technology in the top 9% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.47. Baker Technology's value of 0.44 is 70.1% below this benchmark. Historically, Baker Technology's own PB Ratio has ranged from 0.18 to 0.71 over the past decade. While the company's 10-year median is 0.49 vs. the industry median of 1.47, Baker Technology 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 an Oil & Gas company?
The median PB Ratio among Oil & Gas companies is 1.47, based on 927 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. Baker Technology's current PB Ratio of 0.44 is 70.1% 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 Baker Technology and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baker Technology's current PB Ratio is 0.44, which is 10% below median its own 10-year median of 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baker Technology stock overvalued right now?
Based on GuruFocus' analysis, Baker Technology (SGX:BTP) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.26, compared to a current price of S$0.45 — trading 71.2% above its estimated fair value. The current PB Ratio is 0.44, which is 10% below median its 10-year median of 0.49 and 70.1% below the Oil & Gas industry median of 1.47. Baker Technology's overall GF Score™ is 29/100 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 Baker Technology (SGX:BTP), the current PB Ratio is 0.44 as of Jul. 26, 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 Baker Technology (SGX:BTP) Overvalued in 2026?

Based on GuruFocus' analysis, Baker Technology stock appears to be overvalued. The current stock price of S$0.45 is trading 71.2% above its estimated GF Value™ of S$0.26. GuruFocus considers Baker Technology to be Significantly Overvalued.

Key valuation signals for SGX:BTP:

  • PB Ratio: 0.44 (10% below median its 10-year median of 0.49)
  • GF Value™: S$0.26 vs. price of S$0.45 (71.2% above fair value)
  • GF Score™: 29/100 with 6 warning signs
  • Industry Position: 70.1% below the Oil & Gas median (#84 of 927)

No single metric tells the full story. See the SGX:BTP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Baker Technology Business Description

Industry EnergyOil & Gas
Address 10 Jalan Samulun, Singapore, SGP, 629124
Baker Technology Ltd is an investment holding company focused on the offshore oil and gas industry. The company's business segments include Marine Offshore, Investments, and Corporate. The Marine offshore segment is essentially the company's principal business activity as manufacturers and providers of specialized marine offshore equipment and services for the oil and gas industry. The Investments segment relates to the investments in available-for-sale investments. The Corporate segment is involved in corporate services and treasury functions. The company has its geographical presence in Asia Pacific (excluding China and Singapore), the Middle East, Africa, Singapore, Europe, Americas, and China. The Marine-Offshore segment generates maximum revenue for the company.
29GF Score

Get the complete analysis for SGX:BTP

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

S$0.45
Price
S$0.26
GF Value