TradeGo FinTech (HKSE:08017) PB Ratio: 2.40 (As of Aug. 09, 2026) — 36% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

HKSE:08017 TradeGo FinTech Ltd HKSE:08017
70 GF Score
Price HK$1.35
GF Value HK$0.80
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is TradeGo FinTech PB Ratio?

TradeGo FinTech HKSE:08017 70 PB Ratio is 2.40 as of Aug. 09, 2026, which is 36% below its 10-year median of 3.76. GuruFocus rates HKSE:08017 with a GF Score™ of 70/100 and a GF Value™ of HK$0.80 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,630 Software companies, TradeGo FinTech ranks better than 51.63% 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 (2026-08-09), TradeGo FinTech's share price is HK$1.35. TradeGo FinTech's Book Value per Share for the quarter that ended in Mar. 2026 was HK$0.56. Hence, TradeGo FinTech's PB Ratio of today is 2.40.

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

HKSE:08017' s PB Ratio Range Over the Past 10 Years
Min: 0.85   Med: 3.76   Max: 22.5
Current: 2.4

During the past 11 years, TradeGo FinTech's highest PB Ratio was 22.50. The lowest was 0.85. And the median was 3.76.

HKSE:08017's PB Ratio is ranked better than
51.63% of 2630 companies
in the Software industry
Industry Median: 2.49 vs HKSE:08017: 2.40

During the past 12 months, TradeGo FinTech's average Book Value Per Share Growth Rate was 79.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 40.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 22.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 42.10% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of TradeGo FinTech was 123.10% per year. The lowest was 9.20% per year. And the median was 36.60% per year.

Back to Basics: PB Ratio


TradeGo FinTech  (HKSE:08017) 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.


TradeGo FinTech PB Ratio Related Terms


TradeGo FinTech PB Ratio Historical Data

* Premium members only.

The historical data trend for TradeGo FinTech'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.

TradeGo FinTech PB Ratio Chart

TradeGo FinTech Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.21 4.88 1.23 1.04 2.05

TradeGo FinTech Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.23 1.06 1.04 4.29 2.05

HKSE:08017 vs MSFT, ORCL, PLTR: PB Ratio Comparison

For the Software - Infrastructure subindustry, TradeGo FinTech'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.


TradeGo FinTech PB Ratio vs Software Industry

For the Software industry and Technology sector, TradeGo FinTech's PB Ratio distribution charts can be found below:

* The bar in red indicates where TradeGo FinTech's PB Ratio falls into.


HKSE:08017
70GF Score
TradeGo FinTech Ltd HKSE:08017
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TradeGo FinTech 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.

TradeGo FinTech's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=1.35/0.562
=2.40

* 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 2.40 mean?
TradeGo FinTech (HKSE:08017) has a PB Ratio of 2.40 as of Aug. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on TradeGo FinTech and its competitors. This is 36% below median its historical median of 3.76. Over the past decade, TradeGo FinTech's PB Ratio has ranged from 0.85 to 22.50. According to the industry distribution chart, TradeGo FinTech ranks #1272 out of 2630 companies in the Software industry, placing it in the top 48.4%.
Is TradeGo FinTech's PB Ratio too high?
TradeGo FinTech's current PB Ratio of 2.40 is 36% below median its 10-year median of 3.76. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 22.50. The Software industry median PB Ratio is 2.49. TradeGo FinTech's value of 2.40 is 3.6% below this industry median. Based on the distribution chart, TradeGo FinTech ranks #1272 out of 2630 companies in the Software industry, which is above the industry midpoint. Overall, TradeGo FinTech has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TradeGo FinTech's PB Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, TradeGo FinTech ranks #1272 out of 2630 companies for PB Ratio. This puts TradeGo FinTech in the upper half of its industry. The industry median PB Ratio is 2.49. TradeGo FinTech's value of 2.40 is 3.6% below this benchmark. Historically, TradeGo FinTech's own PB Ratio has ranged from 0.85 to 22.50 over the past decade. While the company's 10-year median is 3.76 vs. the industry median of 2.49, TradeGo FinTech 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 2.49, based on 2,630 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. TradeGo FinTech's current PB Ratio of 2.40 is 3.6% 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 TradeGo FinTech 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. TradeGo FinTech's current PB Ratio is 2.40, which is 36% below median its own 10-year median of 3.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TradeGo FinTech stock overvalued right now?
Based on GuruFocus' analysis, TradeGo FinTech (HKSE:08017) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.80, compared to a current price of HK$1.35 — trading 68.8% above its estimated fair value. The current PB Ratio is 2.40, which is 36% below median its 10-year median of 3.76 and 3.6% below the Software industry median of 2.49. TradeGo FinTech's overall GF Score™ is 70/100 with 3 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 TradeGo FinTech (HKSE:08017), the current PB Ratio is 2.40 as of Aug. 09, 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 TradeGo FinTech (HKSE:08017) Overvalued in 2026?

Based on GuruFocus' analysis, TradeGo FinTech stock appears to be overvalued. The current stock price of HK$1.35 is trading 68.8% above its estimated GF Value™ of HK$0.80. GuruFocus considers TradeGo FinTech to be Significantly Overvalued.

Key valuation signals for HKSE:08017:

  • PB Ratio: 2.40 (36% below median its 10-year median of 3.76)
  • GF Value™: HK$0.80 vs. price of HK$1.35 (68.8% above fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 3.6% below the Software median (#1272 of 2630)

No single metric tells the full story. See the HKSE:08017 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TradeGo FinTech Business Description

Address 3040 Xinghai Avenue Nanshan Street, 2808, 28th Floor, Phase II, Qianhai Shimao Financial Center, Qianhai Shenzhen-Hong Kong Cooperation Zone, Shenzhen, CHN
TradeGo FinTech Ltd is a securities trading platform service provider serving mainly Hong Kong Brokerage Firms and their clients. The services offered by the company can be classified into front-office trading system services, market data services, financial services, SaaS services, and other value-added services. The company derives maximum revenue from Hong Kong.
70GF Score

Get the complete analysis for HKSE:08017

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$1.35
Price
HK$0.80
GF Value