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.
Be Friends HoldingHKSE:01450 -1.23%67 PB Ratio is 1.72 as of Aug. 27, 2026, which is 9% below its 10-year median of 1.90. GuruFocus rates HKSE:01450 with a GF Score™ of 67/100 and a GF Value™ of HK$2.28 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,633 Software companies, Be Friends Holding ranks better than 62.17% on this metric.
The historical rank and industry rank for Be Friends Holding's PB Ratio or its related term are showing as below:
HKSE:01450'
s PB Ratio Range Over the Past 10 Years
Min: 0.3 Med: 1.9 Max: 58.11
Current: 1.9
During the past 13 years, Be Friends Holding's highest PB Ratio was 58.11. The lowest was 0.30. And the median was 1.90.
HKSE:01450's PB Ratio is ranked better than 62.17% of 2633
companies
in the Software industry
Industry Median: 2.5
vs HKSE:01450: 1.90
During the past 12 months, Be Friends Holding's average Book Value Per Share Growth Rate was 31.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 75.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 45.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -6.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Be Friends Holding was 75.10% per year. The lowest was -92.50% per year. And the median was -20.80% 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.
Be Friends Holding PB Ratio Related Terms
Be Friends Holding PB Ratio Historical Data
* Premium members only.
The historical data trend for Be Friends Holding'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, Be Friends 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.
Be Friends Holding PB Ratio vs Software Industry
For the Software industry and Technology sector, Be Friends Holding's PB Ratio distribution charts can be found below:
* The bar in red indicates where Be Friends 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.
Be Friends Holding (HKSE:01450) has a PB Ratio of 1.72 as of Aug. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Be Friends Holding and its competitors. This is near median its historical median of 1.90. Over the past decade, Be Friends Holding's PB Ratio has ranged from 0.30 to 58.11. According to the industry distribution chart, Be Friends Holding ranks #996 out of 2633 companies in the Software industry, placing it in the top 37.8%.
Is Be Friends Holding's PB Ratio too high?
Be Friends Holding's current PB Ratio of 1.72 is near median its 10-year median of 1.90. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 58.11. The Software industry median PB Ratio is 2.50. Be Friends Holding's value of 1.72 is 31.2% below this industry median. Based on the distribution chart, Be Friends Holding ranks #996 out of 2633 companies in the Software industry, which is above the industry midpoint. Overall, Be Friends Holding has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Be Friends Holding's PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Be Friends Holding ranks #996 out of 2633 companies for PB Ratio. This puts Be Friends Holding in the upper half of its industry. The industry median PB Ratio is 2.50. Be Friends Holding's value of 1.72 is 31.2% below this benchmark. Historically, Be Friends Holding's own PB Ratio has ranged from 0.30 to 58.11 over the past decade. While the company's 10-year median is 1.90 vs. the industry median of 2.50, Be Friends 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 2.50, based on 2,633 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. Be Friends Holding's current PB Ratio of 1.72 is 31.2% 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 Be Friends Holding and its competitors. For the Software industry, the median PB Ratio is 2.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Be Friends Holding's current PB Ratio is 1.72, which is near median its own 10-year median of 1.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Be Friends Holding stock overvalued right now?
Based on GuruFocus' analysis, Be Friends Holding (HKSE:01450) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$2.28, compared to a current price of HK$0.80 — trading 64.9% below its estimated fair value. The current PB Ratio is 1.72, which is near median its 10-year median of 1.90 and 31.2% below the Software industry median of 2.50. Be Friends Holding's overall GF Score™ is 67/100 with 2 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 Be Friends Holding (HKSE:01450), the current PB Ratio is 1.72 as of Aug. 27, 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 Be Friends Holding (HKSE:01450) Overvalued in 2026?
Based on GuruFocus' analysis, Be Friends Holding stock appears to be undervalued.
The current stock price of HK$0.80 is trading 64.9% below its estimated GF Value™ of HK$2.28.
GuruFocus considers Be Friends Holding to be Significantly Undervalued.
Key valuation signals for HKSE:01450:
PB Ratio: 1.72 (near median its 10-year median of 1.90)
GF Value™: HK$2.28 vs. price of HK$0.80 (64.9% below fair value)
Industry Position: 31.2% below the Software median (#996 of 2633)
No single metric tells the full story. See the HKSE:01450 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Be Friends Holding Ltd is engaged in the provision of new media services, application solutions, sales of self-developed products, and system maintenance services, for the all-media industry in the People's Republic of China (the PRC). The Group has operations mainly in the PRC. The company's segments include New Media Services.
67GF Score
Get the complete analysis for HKSE:01450
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
HKSE:01450 has been successfully added to your 
