Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
FRA:0BX's PB Ratio is ranked worse than 88.08% of 780
companies
in the Capital Markets industry
Industry Median: 1.33
vs FRA:0BX: 4.80
During the past 12 months, Bright Smart Securitiesmmodities Group's average Book Value Per Share Growth Rate was 52.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -15.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -7.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -3.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Bright Smart Securitiesmmodities Group was 50.90% per year. The lowest was -15.30% per year. And the median was 13.10% per year.
Back to Basics: PB Ratio
Bright Smart Securitiesmmodities Group (FRA:0BX) 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.
Bright Smart Securitiesmmodities Group PB Ratio Related Terms
Bright Smart Securitiesmmodities 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.
Bright Smart Securitiesmmodities Group PB Ratio Chart
Bright Smart Securitiesmmodities Group Annual Data
For the Capital Markets subindustry, Bright Smart Securitiesmmodities 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.
Bright Smart Securitiesmmodities Group PB Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Bright Smart Securitiesmmodities Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Bright Smart Securitiesmmodities Group's PB Ratio falls into.
Bright Smart Securitiesmmodities Group 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.
* 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.
Bright Smart Securitiesmmodities Group (FRA:0BX) has a PB Ratio of 4.72 as of Jul. 19, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Bright Smart Securitiesmmodities Group and its competitors. This is 183% above median its historical median of 1.67. Over the past decade, Bright Smart Securitiesmmodities Group's PB Ratio has ranged from 0.50 to 18.58. According to the industry distribution chart, Bright Smart Securitiesmmodities Group ranks #687 out of 780 companies in the Capital Markets industry, placing it in the top 88.1%.
Is Bright Smart Securitiesmmodities Group's PB Ratio too high?
Bright Smart Securitiesmmodities Group's current PB Ratio of 4.72 is 183% above median its 10-year median of 1.67. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 18.58. The Capital Markets industry median PB Ratio is 1.33. Bright Smart Securitiesmmodities Group's value of 4.72 is 254.9% above this industry median. Based on the distribution chart, Bright Smart Securitiesmmodities Group ranks #687 out of 780 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Bright Smart Securitiesmmodities Group has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bright Smart Securitiesmmodities Group's PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Bright Smart Securitiesmmodities Group ranks #687 out of 780 companies for PB Ratio. This places Bright Smart Securitiesmmodities Group in the lower half of its industry. The industry median PB Ratio is 1.33. Bright Smart Securitiesmmodities Group's value of 4.72 is 254.9% above this benchmark. Historically, Bright Smart Securitiesmmodities Group's own PB Ratio has ranged from 0.50 to 18.58 over the past decade. While the company's 10-year median is 1.67 vs. the industry median of 1.33, Bright Smart Securitiesmmodities 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 Capital Markets company?
The median PB Ratio among Capital Markets companies is 1.33, based on 780 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. Bright Smart Securitiesmmodities Group's current PB Ratio of 4.72 is 254.9% 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 Bright Smart Securitiesmmodities Group and its competitors. For the Capital Markets industry, the median PB Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bright Smart Securitiesmmodities Group's current PB Ratio is 4.72, which is 183% above median its own 10-year median of 1.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bright Smart Securitiesmmodities Group stock overvalued right now?
Based on GuruFocus' analysis, Bright Smart Securitiesmmodities Group (FRA:0BX) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.24, compared to a current price of €0.67 — trading 177.1% above its estimated fair value. The current PB Ratio is 4.72, which is 183% above median its 10-year median of 1.67 and 254.9% above the Capital Markets industry median of 1.33. Bright Smart Securitiesmmodities Group's overall GF Score™ is 38/100 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 Bright Smart Securitiesmmodities Group (FRA:0BX), the current PB Ratio is 4.72 as of Jul. 19, 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 Bright Smart Securitiesmmodities Group (FRA:0BX) Overvalued in 2026?
Based on GuruFocus' analysis, Bright Smart Securitiesmmodities Group stock appears to be overvalued.
The current stock price of €0.67 is trading 177.1% above its estimated GF Value™ of €0.24.
GuruFocus considers Bright Smart Securitiesmmodities Group to be Significantly Overvalued.
Key valuation signals for FRA:0BX:
PB Ratio: 4.72 (183% above median its 10-year median of 1.67)
GF Value™: €0.24 vs. price of €0.67 (177.1% above fair value)
Industry Position: 254.9% above the Capital Markets median (#687 of 780)
No single metric tells the full story. See the FRA:0BX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bright Smart Securitiesmmodities Group Business Description
Bright Smart Securities & Commodities Group Ltd is a company that provides financial services, including securities broking, margin financing, commodities & futures broking, bullion trading and leveraged foreign exchange trading. The company operates via three segments. The Securities broking segment offers broking services in securities traded in Hong Kong and select overseas markets and provides margin financing services to its broking customers. The Commodities and futures broking segment offers broking services in commodities and futures contracts traded in Hong Kong and overseas markets. The Bullion trading segment provides trading services in bullion contracts traded overseas. The company generates majority of its revenue from the Securities broking segment.
38GF Score
Get the complete analysis for FRA:0BX
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:0BX has been successfully added to your 
