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Beat HoldingsTSE:9399 31 PB Ratio is 4.07 as of Jul. 21, 2026, which is 18% below its 10-year median of 4.95. GuruFocus rates TSE:9399 with a GF Score™ of 31/100 and a GF Value™ of 円2.01 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,636 Software companies, Beat Holdings ranks worse than 71.59% 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 (2026-07-21), Beat Holdings's share price is 円13.00. Beat Holdings's Book Value per Share for the quarter that ended in Dec. 2025 was 円3.19. Hence, Beat Holdings's PB Ratio of today is 4.07.
The historical rank and industry rank for Beat Holdings's PB Ratio or its related term are showing as below:
TSE:9399'
s PB Ratio Range Over the Past 10 Years
Min: 0.57 Med: 4.95 Max: 179.1
Current: 4.07
During the past 13 years, Beat Holdings's highest PB Ratio was 179.10. The lowest was 0.57. And the median was 4.95.
TSE:9399's PB Ratio is ranked worse than 71.59% of 2636
companies
in the Software industry
Industry Median: 2.37
vs TSE:9399: 4.07
During the past 12 months, Beat Holdings's average Book Value Per Share Growth Rate was -47.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -40.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Beat Holdings was 79.10% per year. The lowest was -57.10% per year. And the median was -43.45% 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.
Beat Holdings PB Ratio Related Terms
Beat Holdings PB Ratio Historical Data
* Premium members only.
The historical data trend for Beat Holdings'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 Software - Application subindustry, Beat 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.
Beat Holdings PB Ratio vs Software Industry
For the Software industry and Technology sector, Beat Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where Beat 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.
Beat Holdings'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.
Beat Holdings (TSE:9399) has a PB Ratio of 4.07 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Beat Holdings and its competitors. This is 18% below median its historical median of 4.95. Over the past decade, Beat Holdings' PB Ratio has ranged from 0.57 to 179.10. According to the industry distribution chart, Beat Holdings ranks #1887 out of 2636 companies in the Software industry, placing it in the top 71.6%.
Is Beat Holdings' PB Ratio too high?
Beat Holdings' current PB Ratio of 4.07 is 18% below median its 10-year median of 4.95. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 179.10. The Software industry median PB Ratio is 2.37. Beat Holdings' value of 4.07 is 71.7% above this industry median. Based on the distribution chart, Beat Holdings ranks #1887 out of 2636 companies in the Software industry, which is below the industry midpoint. Overall, Beat Holdings has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Beat Holdings' PB Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Beat Holdings ranks #1887 out of 2636 companies for PB Ratio. This places Beat Holdings in the lower half of its industry. The industry median PB Ratio is 2.37. Beat Holdings' value of 4.07 is 71.7% above this benchmark. Historically, Beat Holdings' own PB Ratio has ranged from 0.57 to 179.10 over the past decade. While the company's 10-year median is 4.95 vs. the industry median of 2.37, Beat Holdings has consistently been above 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 2.37, based on 2,636 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. Beat Holdings's current PB Ratio of 4.07 is 71.7% 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 Beat Holdings and its competitors. For the Software industry, the median PB Ratio is 2.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beat Holdings's current PB Ratio is 4.07, which is 18% below median its own 10-year median of 4.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beat Holdings stock overvalued right now?
Based on GuruFocus' analysis, Beat Holdings (TSE:9399) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2.01, compared to a current price of 円13.00 — trading 546.8% above its estimated fair value. The current PB Ratio is 4.07, which is 18% below median its 10-year median of 4.95 and 71.7% above the Software industry median of 2.37. Beat Holdings' overall GF Score™ is 31/100 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 Beat Holdings (TSE:9399), the current PB Ratio is 4.07 as of Jul. 21, 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 Beat Holdings (TSE:9399) Overvalued in 2026?
Based on GuruFocus' analysis, Beat Holdings stock appears to be overvalued.
The current stock price of 円13.00 is trading 546.8% above its estimated GF Value™ of 円2.01.
GuruFocus considers Beat Holdings to be Significantly Overvalued.
Key valuation signals for TSE:9399:
PB Ratio: 4.07 (18% below median its 10-year median of 4.95)
GF Value™: 円2.01 vs. price of 円13.00 (546.8% above fair value)
Industry Position: 71.7% above the Software median (#1887 of 2636)
No single metric tells the full story. See the TSE:9399 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Beat Holdings Ltd is mainly engaged in the business of providing application-to-person (A2P) messaging service and software products and services. Its reportable segments are: the Messaging Business, which provides cloud-based A2P messaging services and software products and services; the Licensing Business, which provides licensing services for intellectual property rights and other rights related to application software owned by the group; and other businesses. The majority of its revenue is generated from the Messaging business. Geographically, the group generates maximum revenue from Asia, and the rest from Europe and other regions.
31GF Score
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