AXG (Solowin Holdings) PB Ratio: 1.65 (As of Jul. 04, 2026) — 85% Below Median


AXG Solowin Holdings Ltd AXG
12 GF Score
Price $3.26
! 7 Warning Signs
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What is Solowin Holdings PB Ratio?

Solowin Holdings AXG 12 PB Ratio is 1.65 as of Jul. 04, 2026, which is 85% below its 10-year median of 10.80. GuruFocus rates AXG with a GF Score™ of 12/100. The stock has 7 warning signs investors should review. Among 782 Capital Markets companies, Solowin Holdings ranks worse than 57.29% 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 (2026-07-04), Solowin Holdings's share price is $3.26. Solowin Holdings's Book Value per Share for the quarter that ended in Sep. 2025 was $1.97. Hence, Solowin Holdings's PB Ratio of today is 1.65.

Good Sign:

Solowin Holdings Ltd stock PB Ratio (=1.65) is close to 3-year low of 1.65.

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

AXG' s PB Ratio Range Over the Past 10 Years
Min: 1.65   Med: 10.8   Max: 117.36
Current: 1.65

During the past 5 years, Solowin Holdings's highest PB Ratio was 117.36. The lowest was 1.65. And the median was 10.80.

AXG's PB Ratio is ranked worse than
57.29% of 782 companies
in the Capital Markets industry
Industry Median: 1.34 vs AXG: 1.65

During the past 12 months, Solowin Holdings's average Book Value Per Share Growth Rate was 424.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 26.10% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Solowin Holdings was 76.40% per year. The lowest was 26.10% per year. And the median was 51.25% per year.

Back to Basics: PB Ratio


Solowin Holdings  (NAS:AXG) 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.


Solowin Holdings PB Ratio Related Terms


Solowin Holdings PB Ratio Historical Data

* Premium members only.

The historical data trend for Solowin 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.

Solowin Holdings PB Ratio Chart

Solowin Holdings Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
PB Ratio
0.00 0.00 0.00 10.80 5.54

Solowin Holdings Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.02 10.80 7.79 5.54 1.31

AXG vs BTGO, BTBT, RHNO: PB Ratio Comparison

For the Capital Markets subindustry, Solowin 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.


Solowin Holdings PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Solowin Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Solowin Holdings's PB Ratio falls into.


AXG
12GF Score
Solowin Holdings Ltd AXG
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Solowin Holdings 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.

Solowin Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2025)
=3.26/1.971
=1.65

* 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 1.65 mean?
Solowin Holdings (AXG) has a PB Ratio of 1.65 as of Jul. 04, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Solowin Holdings and its competitors. This is 85% below median its historical median of 10.80. Over the past decade, Solowin Holdings' PB Ratio has ranged from 1.65 to 117.36. According to the industry distribution chart, Solowin Holdings ranks #448 out of 782 companies in the Capital Markets industry, placing it in the top 57.3%.
Is Solowin Holdings' PB Ratio too high?
Solowin Holdings' current PB Ratio of 1.65 is 85% below median its 10-year median of 10.80. Over the past 10 years, this metric has ranged from a low of 1.65 to a high of 117.36. The Capital Markets industry median PB Ratio is 1.34. Solowin Holdings' value of 1.65 is 23.1% above this industry median. Based on the distribution chart, Solowin Holdings ranks #448 out of 782 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Solowin Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Solowin Holdings' PB Ratio compare to BTGO and BTBT?
According to the Capital Markets industry distribution chart, Solowin Holdings ranks #448 out of 782 companies for PB Ratio. This places Solowin Holdings in the lower half of its industry. The industry median PB Ratio is 1.34. Solowin Holdings' value of 1.65 is 23.1% above this benchmark. Historically, Solowin Holdings' own PB Ratio has ranged from 1.65 to 117.36 over the past decade. While the company's 10-year median is 10.80 vs. the industry median of 1.34, Solowin 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 Capital Markets company?
The median PB Ratio among Capital Markets companies is 1.34, based on 782 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. Solowin Holdings's current PB Ratio of 1.65 is 23.1% 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 Solowin Holdings and its competitors. For the Capital Markets industry, the median PB Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solowin Holdings's current PB Ratio is 1.65, which is 85% below median its own 10-year median of 10.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solowin Holdings stock overvalued right now?
Solowin Holdings (AXG) has a current PB Ratio of 1.65. The current PB Ratio is 1.65, which is 85% below median its 10-year median of 10.80 and 23.1% above the Capital Markets industry median of 1.34. Solowin Holdings' overall GF Score™ is 12/100 with 7 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 Solowin Holdings (AXG), the current PB Ratio is 1.65 as of Jul. 04, 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.

Solowin Holdings Business Description

Address 33 Canton Road, Room 1910-1912A, Tower 3, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Solowin Holdings Ltd is an investor-focused, versatile securities brokerage company in Hong Kong. It offers a wide spectrum of products and services through its secure one-stop electronic platform. It is engaged in providing securities-related services, investment advisory services, and asset management services to customers. The operations were organized into four reportable segments: Corporate Finance Services, Wealth Management Services, Asset Management Services and Virtual Assets. It derives maximum revenue from Wealth Management Services.
12GF Score

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$3.26
Price