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HKSE:02687's PB Ratio is ranked worse than 95.86% of 2634
companies
in the Software industry
Industry Median: 2.49
vs HKSE:02687: 18.54
During the past 12 months, Shanghai Able Digital Science & Tech Co's average Book Value Per Share Growth Rate was 112.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 49.60% per year.
During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Shanghai Able Digital Science & Tech Co was 49.60% per year. The lowest was 49.60% per year. And the median was 49.60% 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.
Shanghai Able Digital Science & Tech Co PB Ratio Related Terms
Shanghai Able Digital Science & Tech Co 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.
Shanghai Able Digital Science & Tech Co PB Ratio Chart
Shanghai Able Digital Science & Tech Co Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
PB Ratio
0.00
0.00
0.00
9.48
Shanghai Able Digital Science & Tech Co Semi-Annual Data
For the Software - Application subindustry, Shanghai Able Digital Science & Tech Co'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.
Shanghai Able Digital Science & Tech Co PB Ratio vs Software Industry
Shanghai Able Digital Science & Tech Co 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.
Shanghai Able Digital Science & Tech Co (HKSE:02687) has a PB Ratio of 18.54 as of Aug. 23, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shanghai Able Digital Science & Tech Co and its competitors. This is 118% above median its historical median of 8.50. Over the past decade, Shanghai Able Digital Science & Tech Co's PB Ratio has ranged from 7.23 to 21.77. According to the industry distribution chart, Shanghai Able Digital Science & Tech Co ranks #2525 out of 2634 companies in the Software industry, placing it in the top 95.9%.
Is Shanghai Able Digital Science & Tech Co's PB Ratio too high?
Shanghai Able Digital Science & Tech Co's current PB Ratio of 18.54 is 118% above median its 10-year median of 8.50. Over the past 10 years, this metric has ranged from a low of 7.23 to a high of 21.77. The Software industry median PB Ratio is 2.49. Shanghai Able Digital Science & Tech Co's value of 18.54 is 644.6% above this industry median. Based on the distribution chart, Shanghai Able Digital Science & Tech Co ranks #2525 out of 2634 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Shanghai Able Digital Science & Tech Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Shanghai Able Digital Science & Tech Co's PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Shanghai Able Digital Science & Tech Co ranks #2525 out of 2634 companies for PB Ratio. This places Shanghai Able Digital Science & Tech Co in the lower half of its industry. The industry median PB Ratio is 2.49. Shanghai Able Digital Science & Tech Co's value of 18.54 is 644.6% above this benchmark. Historically, Shanghai Able Digital Science & Tech Co's own PB Ratio has ranged from 7.23 to 21.77 over the past decade. While the company's 10-year median is 8.50 vs. the industry median of 2.49, Shanghai Able Digital Science & Tech Co 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 2.49, based on 2,634 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. Shanghai Able Digital Science & Tech Co's current PB Ratio of 18.54 is 644.6% 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 Shanghai Able Digital Science & Tech Co and its competitors. For the Software industry, the median PB Ratio is 2.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Able Digital Science & Tech Co's current PB Ratio is 18.54, which is 118% above median its own 10-year median of 8.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Able Digital Science & Tech Co stock overvalued right now?
Shanghai Able Digital Science & Tech Co (HKSE:02687) has a current PB Ratio of 18.54. The current PB Ratio is 18.54, which is 118% above median its 10-year median of 8.50 and 644.6% above the Software industry median of 2.49. Shanghai Able Digital Science & Tech Co's overall GF Score™ is 20/100 with 9 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 Shanghai Able Digital Science & Tech Co (HKSE:02687), the current PB Ratio is 18.54 as of Aug. 23, 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.
Shanghai Able Digital Science & Tech Co Ltd provides digital solutions for higher education in China. The company develops and operates digital educational content and related teaching and learning products for higher education institutions. Its products and services cover areas including teaching, learning, practice, testing, evaluation, and management. The company's business operations are divided into two categories based on its offerings: digital educational content services and products; and digital teaching and learning environment services and products in the PRC. It generates the majority of its revenue from digital educational content services and products.
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