BetMakers Technology GroupASX:BET 57 PB Ratio is 1.85 as of Jun. 26, 2026, which is 3% below its 10-year median of 1.90. GuruFocus rates ASX:BET with a GF Score™ of 57/100 and a GF Value™ of A$0.10 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 795 Travel & Leisure companies, BetMakers Technology Group ranks worse than 57.61% on this metric.
The historical rank and industry rank for BetMakers Technology Group's PB Ratio or its related term are showing as below:
ASX:BET'
s PB Ratio Range Over the Past 10 Years
Min: 0.39 Med: 1.9 Max: 14.15
Current: 1.84
During the past 10 years, BetMakers Technology Group's highest PB Ratio was 14.15. The lowest was 0.39. And the median was 1.90.
ASX:BET's PB Ratio is ranked worse than 57.61% of 795
companies
in the Travel & Leisure industry
Industry Median: 1.49
vs ASX:BET: 1.84
During the past 12 months, BetMakers Technology Group's average Book Value Per Share Growth Rate was -14.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -25.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -9.20% per year.
During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of BetMakers Technology Group was 65.60% per year. The lowest was -25.00% per year. And the median was 14.70% per year.
Back to Basics: PB Ratio
BetMakers Technology Group (ASX:BET) PB Ratio Explanation
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.
BetMakers Technology Group PB Ratio Related Terms
BetMakers Technology Group PB Ratio Historical Data
* 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 Gambling subindustry, BetMakers Technology Group'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.
BetMakers Technology Group PB Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, BetMakers Technology Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where BetMakers Technology Group'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.
BetMakers Technology Group (ASX:BET) has a PB Ratio of 1.85 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on BetMakers Technology Group and its competitors. This is near median its historical median of 1.90. Over the past decade, BetMakers Technology Group's PB Ratio has ranged from 0.39 to 14.15. According to the industry distribution chart, BetMakers Technology Group ranks #458 out of 795 companies in the Travel & Leisure industry, placing it in the top 57.6%.
Is BetMakers Technology Group's PB Ratio too high?
BetMakers Technology Group's current PB Ratio of 1.85 is near median its 10-year median of 1.90. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 14.15. The Travel & Leisure industry median PB Ratio is 1.49. BetMakers Technology Group's value of 1.85 is 24.2% above this industry median. Based on the distribution chart, BetMakers Technology Group ranks #458 out of 795 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, BetMakers Technology Group has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BetMakers Technology Group's PB Ratio compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, BetMakers Technology Group ranks #458 out of 795 companies for PB Ratio. This places BetMakers Technology Group in the lower half of its industry. The industry median PB Ratio is 1.49. BetMakers Technology Group's value of 1.85 is 24.2% above this benchmark. Historically, BetMakers Technology Group's own PB Ratio has ranged from 0.39 to 14.15 over the past decade. While the company's 10-year median is 1.90 vs. the industry median of 1.49, BetMakers Technology Group 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 Travel & Leisure company?
The median PB Ratio among Travel & Leisure companies is 1.49, based on 795 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. BetMakers Technology Group's current PB Ratio of 1.85 is 24.2% 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 BetMakers Technology Group and its competitors. For the Travel & Leisure industry, the median PB Ratio is 1.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BetMakers Technology Group's current PB Ratio is 1.85, which is near median its own 10-year median of 1.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BetMakers Technology Group stock overvalued right now?
Based on GuruFocus' analysis, BetMakers Technology Group (ASX:BET) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.10, compared to a current price of A$0.16 — trading 55% above its estimated fair value. The current PB Ratio is 1.85, which is near median its 10-year median of 1.90 and 24.2% above the Travel & Leisure industry median of 1.49. BetMakers Technology Group's overall GF Score™ is 57/100 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 BetMakers Technology Group (ASX:BET), the current PB Ratio is 1.85 as of Jun. 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 BetMakers Technology Group (ASX:BET) Overvalued in 2026?
Based on GuruFocus' analysis, BetMakers Technology Group stock appears to be overvalued.
The current stock price of A$0.16 is trading 55% above its estimated GF Value™ of A$0.10.
GuruFocus considers BetMakers Technology Group to be Significantly Overvalued.
Key valuation signals for ASX:BET:
PB Ratio: 1.85 (near median its 10-year median of 1.90)
GF Value™: A$0.10 vs. price of A$0.16 (55% above fair value)
Industry Position: 24.2% above the Travel & Leisure median (#458 of 795)
No single metric tells the full story. See the ASX:BET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BetMakers Technology Group Ltd engages in the development and provision of software, data, and analytic products for the B2B wagering market and the production and distribution of racing content. The firm operates in two segments: Global betting services and Global Tote. The Global betting services segment provides customers with a variety of racing software, data, and analytical tools. This includes basic race data such as pricing, runners, and form, as well as analytical tools to consume and leverage the data, and wagering tools such as platforms and managed trading services. The Global Tote segment, which derives maximum revenue, includes the provision of tote software and integrations to facilitate tote liquidity and resulting.
57GF Score
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