WiseTech Global (ASX:WTC) PB Ratio: 4.03 (As of Jun. 24, 2026) — 69% Below Median


ASX:WTC WiseTech Global Ltd ASX:WTC
83 GF Score
Price A$32.86
GF Value A$186.40
Valuation Significantly Undervalued
! 4 Warning Signs
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What is WiseTech Global PB Ratio?

WiseTech Global ASX:WTC +14.26% 83 PB Ratio is 4.03 as of Jun. 24, 2026, which is 69% below its 10-year median of 13.10. GuruFocus rates ASX:WTC with a GF Score™ of 83/100 and a GF Value™ of A$186.40 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 2,624 Software companies, WiseTech Global ranks worse than 65.97% 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 (2026-06-24), WiseTech Global's share price is A$32.86. WiseTech Global's Book Value per Share for the quarter that ended in Dec. 2025 was A$8.15. Hence, WiseTech Global's PB Ratio of today is 4.03.

Good Sign:

WiseTech Global Ltd stock PB Ratio (=4.52) is close to 10-year low of 4.52.

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

ASX:WTC' s PB Ratio Range Over the Past 10 Years
Min: 3.53   Med: 13.1   Max: 24.75
Current: 4.03

During the past 10 years, WiseTech Global's highest PB Ratio was 24.75. The lowest was 3.53. And the median was 13.10.

ASX:WTC's PB Ratio is ranked worse than
65.97% of 2624 companies
in the Software industry
Industry Median: 2.37 vs ASX:WTC: 4.03

During the past 12 months, WiseTech Global's average Book Value Per Share Growth Rate was 10.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 25.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 22.40% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of WiseTech Global was 60.80% per year. The lowest was 17.50% per year. And the median was 25.90% per year.

Back to Basics: PB Ratio


WiseTech Global  (ASX:WTC) 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.


WiseTech Global PB Ratio Related Terms


WiseTech Global PB Ratio Historical Data

* Premium members only.

The historical data trend for WiseTech Global'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.

WiseTech Global PB Ratio Chart

WiseTech Global Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.55 9.59 14.18 15.01 13.94

WiseTech Global 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 12.22 15.01 16.47 13.94 8.40

ASX:WTC vs CRM, SHOP, UBER: PB Ratio Comparison

For the Software - Application subindustry, WiseTech Global'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.


WiseTech Global PB Ratio vs Software Industry

For the Software industry and Technology sector, WiseTech Global's PB Ratio distribution charts can be found below:

* The bar in red indicates where WiseTech Global's PB Ratio falls into.


ASX:WTC
83GF Score
WiseTech Global Ltd ASX:WTC
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WiseTech Global 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.

WiseTech Global's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=32.86/8.152
=4.03

* 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 4.03 mean?
WiseTech Global (ASX:WTC) has a PB Ratio of 4.03 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on WiseTech Global and its competitors. This is 69% below median its historical median of 13.10. Over the past decade, WiseTech Global's PB Ratio has ranged from 3.53 to 24.75. According to the industry distribution chart, WiseTech Global ranks #1731 out of 2624 companies in the Software industry, placing it in the top 66%.
Is WiseTech Global's PB Ratio too high?
WiseTech Global's current PB Ratio of 4.03 is 69% below median its 10-year median of 13.10. Over the past 10 years, this metric has ranged from a low of 3.53 to a high of 24.75. The Software industry median PB Ratio is 2.37. WiseTech Global's value of 4.03 is 70% above this industry median. Based on the distribution chart, WiseTech Global ranks #1731 out of 2624 companies in the Software industry, which is below the industry midpoint. Overall, WiseTech Global has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does WiseTech Global's PB Ratio compare to CRM and SHOP?
According to the Software industry distribution chart, WiseTech Global ranks #1731 out of 2624 companies for PB Ratio. This places WiseTech Global in the lower half of its industry. The industry median PB Ratio is 2.37. WiseTech Global's value of 4.03 is 70% above this benchmark. Historically, WiseTech Global's own PB Ratio has ranged from 3.53 to 24.75 over the past decade. While the company's 10-year median is 13.10 vs. the industry median of 2.37, WiseTech Global 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 2,624 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. WiseTech Global's current PB Ratio of 4.03 is 70% 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 WiseTech Global 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. WiseTech Global's current PB Ratio is 4.03, which is 69% below median its own 10-year median of 13.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WiseTech Global stock overvalued right now?
Based on GuruFocus' analysis, WiseTech Global (ASX:WTC) is currently considered Significantly Undervalued. The stock's GF Value™ is A$186.40, compared to a current price of A$32.86 — trading 82.4% below its estimated fair value. The current PB Ratio is 4.03, which is 69% below median its 10-year median of 13.10 and 70% above the Software industry median of 2.37. WiseTech Global's overall GF Score™ is 83/100 with 4 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 WiseTech Global (ASX:WTC), the current PB Ratio is 4.03 as of Jun. 24, 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 WiseTech Global (ASX:WTC) Overvalued in 2026?

Based on GuruFocus' analysis, WiseTech Global stock appears to be undervalued. The current stock price of A$32.86 is trading 82.4% below its estimated GF Value™ of A$186.40. GuruFocus considers WiseTech Global to be Significantly Undervalued.

Key valuation signals for ASX:WTC:

  • PB Ratio: 4.03 (69% below median its 10-year median of 13.10)
  • GF Value™: A$186.40 vs. price of A$32.86 (82.4% below fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 70% above the Software median (#1731 of 2624)

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


WiseTech Global Business Description

Address 25 Bourke Road, Ground Floor, Alexandria, Sydney, NSW, AUS, 2015
WiseTech is a founder-led, global leader in logistics software for international freight forwarding. WiseTech's core product, CargoWise, is used by the majority of the top 25 global freight forwarders and has world-leading annual customer retention rates of over 99%. CargoWise's main competition consists of inhouse software solutions and analogue processes, providing a large and highly winnable market opportunity for WiseTech's current and future products.
83GF Score

Get the complete analysis for ASX:WTC

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

A$32.86
Price
A$186.40
GF Value