ReadCloudASX:RCL -2.90% PB Ratio is 1.12 as of Jun. 28, 2026, which is 45% below its 10-year median of 2.04. The stock has 3 warning signs investors should review. Among 2,624 Software companies, ReadCloud ranks better than 77.97% 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 (2026-06-28), ReadCloud's share price is A$0.067. ReadCloud's Book Value per Share for the quarter that ended in Mar. 2026 was A$0.06. Hence, ReadCloud's PB Ratio of today is 1.12.
Good Sign:
ReadCloud Ltd stock PB Ratio (=1.12) is close to 2-year low of 1.1.
The historical rank and industry rank for ReadCloud's PB Ratio or its related term are showing as below:
ASX:RCL'
s PB Ratio Range Over the Past 10 Years
Min: 0.61 Med: 2.04 Max: 9.73
Current: 1.12
During the past 9 years, ReadCloud's highest PB Ratio was 9.73. The lowest was 0.61. And the median was 2.04.
ASX:RCL's PB Ratio is ranked better than 77.97% of 2624
companies
in the Software industry
Industry Median: 2.32
vs ASX:RCL: 1.12
During the past 12 months, ReadCloud'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 -10.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -8.70% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of ReadCloud was 13.60% per year. The lowest was -17.90% per year. And the median was -7.50% 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.
ReadCloud PB Ratio Related Terms
ReadCloud PB Ratio Historical Data
* Premium members only.
The historical data trend for ReadCloud'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, ReadCloud'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.
ReadCloud PB Ratio vs Software Industry
For the Software industry and Technology sector, ReadCloud's PB Ratio distribution charts can be found below:
* The bar in red indicates where ReadCloud'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.
ReadCloud'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.
ReadCloud (ASX:RCL) has a PB Ratio of 1.12 as of Jun. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on ReadCloud and its competitors. This is 45% below median its historical median of 2.04. Over the past decade, ReadCloud's PB Ratio has ranged from 0.61 to 9.73. According to the industry distribution chart, ReadCloud ranks #578 out of 2624 companies in the Software industry, placing it in the top 22%.
Is ReadCloud's PB Ratio too high?
ReadCloud's current PB Ratio of 1.12 is 45% below median its 10-year median of 2.04. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 9.73. The Software industry median PB Ratio is 2.32. ReadCloud's value of 1.12 is 51.7% below this industry median. Based on the distribution chart, ReadCloud ranks #578 out of 2624 companies in the Software industry, which is in the top quartile — a strong position relative to peers.
How does ReadCloud's PB Ratio compare to CRM and SHOP?
According to the Software industry distribution chart, ReadCloud ranks #578 out of 2624 companies for PB Ratio. This places ReadCloud in the top 22% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.32. ReadCloud's value of 1.12 is 51.7% below this benchmark. Historically, ReadCloud's own PB Ratio has ranged from 0.61 to 9.73 over the past decade. While the company's 10-year median is 2.04 vs. the industry median of 2.32, ReadCloud 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 Software company?
The median PB Ratio among Software companies is 2.32, based on 2,624 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. ReadCloud's current PB Ratio of 1.12 is 51.7% 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 ReadCloud and its competitors. For the Software industry, the median PB Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ReadCloud's current PB Ratio is 1.12, which is 45% below median its own 10-year median of 2.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ReadCloud stock overvalued right now?
Based on GuruFocus' analysis, ReadCloud (ASX:RCL) is currently considered Significantly Undervalued. The stock's GF Value™ is A$0.10, compared to a current price of A$0.07 — trading 33% below its estimated fair value. The current PB Ratio is 1.12, which is 45% below median its 10-year median of 2.04 and 51.7% below the Software industry median of 2.32. 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 ReadCloud (ASX:RCL), the current PB Ratio is 1.12 as of Jun. 28, 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.
ReadCloud Ltd is an education technology company that offers digital e-learning solutions to secondary schools. The firm operates in two segments: eBook solutions, which is the key revenue driver, and Vocational Education and Training (VET). It provides software solutions, including eBooks, to schools within Australia. In addition, it also provides digital VET course materials and services to schools through its subsidiary Australian Institute of Education and Training Unit Trust, PKY Media Pty Ltd and Ripponlea Institute Pty Ltd, which offers over 40 VET courses and services to schools across Australia.
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