Next Technology HoldingFRA:ZP9 -3.33%28 PB Ratio is 0.20 as of Jun. 25, 2026, which is 82% below its 10-year median of 1.14. GuruFocus rates FRA:ZP9 with a GF Score™ of 28/100 and a GF Value™ of €5.21 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 2,624 Software companies, Next Technology Holding ranks better than 98.48% on this metric.
The historical rank and industry rank for Next Technology Holding's PB Ratio or its related term are showing as below:
FRA:ZP9'
s PB Ratio Range Over the Past 10 Years
Min: 0.02 Med: 1.14 Max: 730.66
Current: 0.19
During the past 7 years, Next Technology Holding's highest PB Ratio was 730.66. The lowest was 0.02. And the median was 1.14.
FRA:ZP9's PB Ratio is ranked better than 98.48% of 2624
companies
in the Software industry
Industry Median: 2.37
vs FRA:ZP9: 0.19
During the past 12 months, Next Technology Holding's average Book Value Per Share Growth Rate was -96.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -77.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -30.10% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Next Technology Holding was 140.40% per year. The lowest was -77.60% per year. And the median was 27.20% per year.
Back to Basics: PB Ratio
Next Technology Holding (FRA:ZP9) 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.
* 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, Next Technology Holding'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.
Next Technology Holding PB Ratio vs Software Industry
For the Software industry and Technology sector, Next Technology Holding's PB Ratio distribution charts can be found below:
* The bar in red indicates where Next Technology Holding'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.
* 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.
Next Technology Holding (FRA:ZP9) has a PB Ratio of 0.20 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Next Technology Holding and its competitors. This is 82% below median its historical median of 1.14. Over the past decade, Next Technology Holding's PB Ratio has ranged from 0.02 to 730.66. According to the industry distribution chart, Next Technology Holding ranks #40 out of 2624 companies in the Software industry, placing it in the top 1.5%.
Is Next Technology Holding's PB Ratio too high?
Next Technology Holding's current PB Ratio of 0.20 is 82% below median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 730.66. The Software industry median PB Ratio is 2.37. Next Technology Holding's value of 0.20 is 91.6% below this industry median. Based on the distribution chart, Next Technology Holding ranks #40 out of 2624 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Next Technology Holding has a GF Score™ of 28/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Next Technology Holding's PB Ratio compare to EXFY and NRDY?
According to the Software industry distribution chart, Next Technology Holding ranks #40 out of 2624 companies for PB Ratio. This places Next Technology Holding in the top 2% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.37. Next Technology Holding's value of 0.20 is 91.6% below this benchmark. Historically, Next Technology Holding's own PB Ratio has ranged from 0.02 to 730.66 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 2.37, Next Technology Holding 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 2.37, 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. Next Technology Holding's current PB Ratio of 0.20 is 91.6% 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 Next Technology Holding 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. Next Technology Holding's current PB Ratio is 0.20, which is 82% below median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next Technology Holding stock overvalued right now?
Based on GuruFocus' analysis, Next Technology Holding (FRA:ZP9) is currently considered Significantly Undervalued. The stock's GF Value™ is €5.21, compared to a current price of €1.16 — trading 77.7% below its estimated fair value. The current PB Ratio is 0.20, which is 82% below median its 10-year median of 1.14 and 91.6% below the Software industry median of 2.37. Next Technology Holding's overall GF Score™ is 28/100 with 1 warning sign 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 Next Technology Holding (FRA:ZP9), the current PB Ratio is 0.20 as of Jun. 25, 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 Next Technology Holding (FRA:ZP9) Overvalued in 2026?
Based on GuruFocus' analysis, Next Technology Holding stock appears to be undervalued.
The current stock price of €1.16 is trading 77.7% below its estimated GF Value™ of €5.21.
GuruFocus considers Next Technology Holding to be Significantly Undervalued.
Key valuation signals for FRA:ZP9:
PB Ratio: 0.20 (82% below median its 10-year median of 1.14)
GF Value™: €5.21 vs. price of €1.16 (77.7% below fair value)
Industry Position: 91.6% below the Software median (#40 of 2624)
No single metric tells the full story. See the FRA:ZP9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Next Technology Holding Inc provides software development services. It provides artificial intelligence (AI) enabled software development services to customers in Hong Kong, Singapore, Malaysia, Japan, and other Asian countries, which include developing, designing, and implementing various Software-as-a-Service (SaaS) software solutions for businesses of all types, including industrials and other businesses. Its designs, develops and deploys software platforms that integrate cloud computing, data analytics and AI-driven algorithms to support enterprises across diverse industries. Its products include Smart Cloud Collaboration Platform, AI-Enabled Data Analytics and Decision Support, Fully Automated Workflow, Comprehensive Security and Compliance Assurance, among others.
28GF Score
Get the complete analysis for FRA:ZP9
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