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The historical rank and industry rank for Bright Oceans Inter-Telecom's PB Ratio or its related term are showing as below:
SHSE:600289'
s PB Ratio Range Over the Past 10 Years
Min: 1.02 Med: 2.42 Max: 10.38
Current: 3.42
During the past 13 years, Bright Oceans Inter-Telecom's highest PB Ratio was 10.38. The lowest was 1.02. And the median was 2.42.
SHSE:600289's PB Ratio is ranked worse than 65.42% of 2629
companies
in the Software industry
Industry Median: 2.39
vs SHSE:600289: 3.42
During the past 12 months, Bright Oceans Inter-Telecom's average Book Value Per Share Growth Rate was -26.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -12.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -18.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Bright Oceans Inter-Telecom was 35.30% per year. The lowest was -37.60% per year. And the median was 6.50% per year.
Back to Basics: PB Ratio
Bright Oceans Inter-Telecom (SHSE:600289) 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 Oceans Inter-Telecom PB Ratio Related Terms
Bright Oceans Inter-Telecom 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.
SHSE:600289 vs UBER, SHOP, CRM: PB Ratio Comparison
For the Software - Application subindustry, Bright Oceans Inter-Telecom'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 Oceans Inter-Telecom PB Ratio vs Software Industry
For the Software industry and Technology sector, Bright Oceans Inter-Telecom's PB Ratio distribution charts can be found below:
* The bar in red indicates where Bright Oceans Inter-Telecom'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.
Bright Oceans Inter-Telecom (SHSE:600289) has a PB Ratio of 3.43 as of Jul. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Bright Oceans Inter-Telecom and its competitors. This is 42% above median its historical median of 2.42. Over the past decade, Bright Oceans Inter-Telecom's PB Ratio has ranged from 1.02 to 10.38. According to the industry distribution chart, Bright Oceans Inter-Telecom ranks #1720 out of 2629 companies in the Software industry, placing it in the top 65.4%.
Is Bright Oceans Inter-Telecom's PB Ratio too high?
Bright Oceans Inter-Telecom's current PB Ratio of 3.43 is 42% above median its 10-year median of 2.42. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 10.38. The Software industry median PB Ratio is 2.39. Bright Oceans Inter-Telecom's value of 3.43 is 43.5% above this industry median. Based on the distribution chart, Bright Oceans Inter-Telecom ranks #1720 out of 2629 companies in the Software industry, which is below the industry midpoint. Overall, Bright Oceans Inter-Telecom has a GF Score™ of 35/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bright Oceans Inter-Telecom's PB Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Bright Oceans Inter-Telecom ranks #1720 out of 2629 companies for PB Ratio. This places Bright Oceans Inter-Telecom in the lower half of its industry. The industry median PB Ratio is 2.39. Bright Oceans Inter-Telecom's value of 3.43 is 43.5% above this benchmark. Historically, Bright Oceans Inter-Telecom's own PB Ratio has ranged from 1.02 to 10.38 over the past decade. While the company's 10-year median is 2.42 vs. the industry median of 2.39, Bright Oceans Inter-Telecom 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 2.39, based on 2,629 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 Oceans Inter-Telecom's current PB Ratio of 3.43 is 43.5% 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 Oceans Inter-Telecom and its competitors. For the Software industry, the median PB Ratio is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bright Oceans Inter-Telecom's current PB Ratio is 3.43, which is 42% above median its own 10-year median of 2.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bright Oceans Inter-Telecom stock overvalued right now?
Based on GuruFocus' analysis, Bright Oceans Inter-Telecom (SHSE:600289) is currently considered Possible Value Trap. The stock's GF Value™ is ¥8.22, compared to a current price of ¥4.89 — trading 40.5% below its estimated fair value. The current PB Ratio is 3.43, which is 42% above median its 10-year median of 2.42 and 43.5% above the Software industry median of 2.39. Bright Oceans Inter-Telecom's overall GF Score™ is 35/100 with 7 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 Oceans Inter-Telecom (SHSE:600289), the current PB Ratio is 3.43 as of Jul. 17, 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 Oceans Inter-Telecom (SHSE:600289) Overvalued in 2026?
Based on GuruFocus' analysis, Bright Oceans Inter-Telecom stock appears to be undervalued.
The current stock price of ¥4.89 is trading 40.5% below its estimated GF Value™ of ¥8.22.
GuruFocus considers Bright Oceans Inter-Telecom to be Possible Value Trap.
Key valuation signals for SHSE:600289:
PB Ratio: 3.43 (42% above median its 10-year median of 2.42)
GF Value™: ¥8.22 vs. price of ¥4.89 (40.5% below fair value)
Industry Position: 43.5% above the Software median (#1720 of 2629)
No single metric tells the full story. See the SHSE:600289 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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