DXNASX:DXN +27.78%34 PB Ratio is 32.86 as of Jun. 26, 2026, which is 2860% above its 10-year median of 1.11. GuruFocus rates ASX:DXN with a GF Score™ of 34/100 and a GF Value™ of A$0.02 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 2,625 Software companies, DXN ranks worse than 97.26% 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 (2026-06-26), DXN's share price is A$0.23. DXN's Book Value per Share for the quarter that ended in Dec. 2025 was A$0.01. Hence, DXN's PB Ratio of today is 32.86.
Warning Sign:
DXN Ltd stock PB Ratio (=29.29) is close to 10-year high of 29.29.
The historical rank and industry rank for DXN's PB Ratio or its related term are showing as below:
ASX:DXN'
s PB Ratio Range Over the Past 10 Years
Min: 0.2 Med: 1.11 Max: 32.86
Current: 32.86
During the past 7 years, DXN's highest PB Ratio was 32.86. The lowest was 0.20. And the median was 1.11.
ASX:DXN's PB Ratio is ranked worse than 97.26% of 2625
companies
in the Software industry
Industry Median: 2.36
vs ASX:DXN: 32.86
During the past 12 months, DXN's average Book Value Per Share Growth Rate was -53.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -40.50% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of DXN was -40.50% per year. The lowest was -49.60% per year. And the median was -45.05% 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.
DXN PB Ratio Related Terms
DXN PB Ratio Historical Data
* Premium members only.
The historical data trend for DXN'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 Information Technology Services subindustry, DXN'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.
DXN PB Ratio vs Software Industry
For the Software industry and Technology sector, DXN's PB Ratio distribution charts can be found below:
* The bar in red indicates where DXN'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.
DXN'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.
DXN (ASX:DXN) has a PB Ratio of 32.86 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 DXN and its competitors. This is 2860% above median its historical median of 1.11. Over the past decade, DXN's PB Ratio has ranged from 0.20 to 32.86. According to the industry distribution chart, DXN ranks #2553 out of 2625 companies in the Software industry, placing it in the top 97.3%.
Is DXN's PB Ratio too high?
DXN's current PB Ratio of 32.86 is 2860% above median its 10-year median of 1.11. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 32.86. The Software industry median PB Ratio is 2.36. DXN's value of 32.86 is 1292.4% above this industry median. Based on the distribution chart, DXN ranks #2553 out of 2625 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, DXN has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DXN's PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, DXN ranks #2553 out of 2625 companies for PB Ratio. This places DXN in the lower half of its industry. The industry median PB Ratio is 2.36. DXN's value of 32.86 is 1292.4% above this benchmark. Historically, DXN's own PB Ratio has ranged from 0.20 to 32.86 over the past decade. While the company's 10-year median is 1.11 vs. the industry median of 2.36, DXN 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 2.36, based on 2,625 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. DXN's current PB Ratio of 32.86 is 1292.4% 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 DXN and its competitors. For the Software industry, the median PB Ratio is 2.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DXN's current PB Ratio is 32.86, which is 2860% above median its own 10-year median of 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DXN stock overvalued right now?
Based on GuruFocus' analysis, DXN (ASX:DXN) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.02, compared to a current price of A$0.23 — trading 1050% above its estimated fair value. The current PB Ratio is 32.86, which is 2860% above median its 10-year median of 1.11 and 1292.4% above the Software industry median of 2.36. DXN's overall GF Score™ is 34/100 with 11 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 DXN (ASX:DXN), the current PB Ratio is 32.86 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 DXN (ASX:DXN) Overvalued in 2026?
Based on GuruFocus' analysis, DXN stock appears to be overvalued.
The current stock price of A$0.23 is trading 1050% above its estimated GF Value™ of A$0.02.
GuruFocus considers DXN to be Significantly Overvalued.
Key valuation signals for ASX:DXN:
PB Ratio: 32.86 (2860% above median its 10-year median of 1.11)
GF Value™: A$0.02 vs. price of A$0.23 (1050% above fair value)
Industry Position: 1292.4% above the Software median (#2553 of 2625)
No single metric tells the full story. See the ASX:DXN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DXN Ltd operates as a data center company. It operates three core divisions a Modular Division, which designs, engineers, manufactures, and supplies PMDCs globally. A Data Centre Division, which owns, operates, and maintains data centres in Darwin and Hobart (TAS01). A third division Data Centre as a Service (DCaaS) a capital light, facility as a service model including design, engineering and deployment of data centres and ground stations. These divisions position DXN at the forefront of edge computing, telecommunications, and high-performance infrastructure solutions, catering to sectors including mining, energy, subsea cables, government, and emerging AI applications. The company operates in three segments: Data centre manufacturing, Data centre operations and Data Centre as a Service.
34GF Score
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