XNDU (Xanadu Quantum Technologies) PB Ratio: 17.52 (As of Jul. 09, 2026) — 17% Below Median


XNDU Xanadu Quantum Technologies Ltd XNDU
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Price $11.21
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What is Xanadu Quantum Technologies PB Ratio?

Xanadu Quantum Technologies XNDU -0.80% 9 PB Ratio is 17.52 as of Jul. 09, 2026, which is 17% below its 10-year median of 21.18. GuruFocus rates XNDU with a GF Score™ of 9/100. The stock has 1 warning sign investors should review. Among 2,626 Software companies, Xanadu Quantum Technologies ranks worse than 95.43% 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 (2026-07-09), Xanadu Quantum Technologies's share price is $11.21. Xanadu Quantum Technologies's Book Value per Share for the quarter that ended in Mar. 2026 was $0.64. Hence, Xanadu Quantum Technologies's PB Ratio of today is 17.52.

The historical rank and industry rank for Xanadu Quantum Technologies's PB Ratio or its related term are showing as below:

XNDU' s PB Ratio Range Over the Past 10 Years
Min: 13.2   Med: 21.18   Max: 55.68
Current: 18.08

During the past 3 years, Xanadu Quantum Technologies's highest PB Ratio was 55.68. The lowest was 13.20. And the median was 21.18.

XNDU's PB Ratio is ranked worse than
95.43% of 2626 companies
in the Software industry
Industry Median: 2.385 vs XNDU: 18.08

Back to Basics: PB Ratio


Xanadu Quantum Technologies  (NAS:XNDU) 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.


Xanadu Quantum Technologies PB Ratio Related Terms


Xanadu Quantum Technologies PB Ratio Historical Data

* Premium members only.

The historical data trend for Xanadu Quantum Technologies'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.

Xanadu Quantum Technologies PB Ratio Chart

Xanadu Quantum Technologies Annual Data
Trend Dec23 Dec24 Dec25
PB Ratio
0.00 0.00 0.00

Xanadu Quantum Technologies Quarterly Data
Dec23 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 11.97

XNDU vs MSFT, ORCL, PLTR: PB Ratio Comparison

For the Software - Infrastructure subindustry, Xanadu Quantum Technologies'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.


Xanadu Quantum Technologies PB Ratio vs Software Industry

For the Software industry and Technology sector, Xanadu Quantum Technologies's PB Ratio distribution charts can be found below:

* The bar in red indicates where Xanadu Quantum Technologies's PB Ratio falls into.


XNDU
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Xanadu Quantum Technologies Ltd XNDU
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Xanadu Quantum Technologies 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.

Xanadu Quantum Technologies's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=11.21/0.64
=17.52

* 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 17.52 mean?
Xanadu Quantum Technologies (XNDU) has a PB Ratio of 17.52 as of Jul. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Xanadu Quantum Technologies and its competitors. This is 17% below median its historical median of 21.18. Over the past decade, Xanadu Quantum Technologies' PB Ratio has ranged from 13.20 to 55.68. According to the industry distribution chart, Xanadu Quantum Technologies ranks #2506 out of 2626 companies in the Software industry, placing it in the top 95.4%.
Is Xanadu Quantum Technologies' PB Ratio too high?
Xanadu Quantum Technologies' current PB Ratio of 17.52 is 17% below median its 10-year median of 21.18. Over the past 10 years, this metric has ranged from a low of 13.20 to a high of 55.68. The Software industry median PB Ratio is 2.39. Xanadu Quantum Technologies' value of 17.52 is 634.6% above this industry median. Based on the distribution chart, Xanadu Quantum Technologies ranks #2506 out of 2626 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Xanadu Quantum Technologies has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Xanadu Quantum Technologies' PB Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, Xanadu Quantum Technologies ranks #2506 out of 2626 companies for PB Ratio. This places Xanadu Quantum Technologies in the lower half of its industry. The industry median PB Ratio is 2.39. Xanadu Quantum Technologies' value of 17.52 is 634.6% above this benchmark. Historically, Xanadu Quantum Technologies' own PB Ratio has ranged from 13.20 to 55.68 over the past decade. While the company's 10-year median is 21.18 vs. the industry median of 2.39, Xanadu Quantum Technologies 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 2,626 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. Xanadu Quantum Technologies's current PB Ratio of 17.52 is 634.6% 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 Xanadu Quantum Technologies 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. Xanadu Quantum Technologies's current PB Ratio is 17.52, which is 17% below median its own 10-year median of 21.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xanadu Quantum Technologies stock overvalued right now?
Xanadu Quantum Technologies (XNDU) has a current PB Ratio of 17.52. The current PB Ratio is 17.52, which is 17% below median its 10-year median of 21.18 and 634.6% above the Software industry median of 2.39. Xanadu Quantum Technologies' overall GF Score™ is 9/100 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 Xanadu Quantum Technologies (XNDU), the current PB Ratio is 17.52 as of Jul. 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.

Xanadu Quantum Technologies Business Description

Other Exchanges 6B4:GermanyXNDU:Canada
Address 777 Bay Street, Suite 2400, Toronto, ON, CAN, M5G 2C8
Xanadu Quantum Technologies Ltd specializes in designing photonic devices and the platforms around them, including the experimentation and development of quantum computers available on the cloud with supporting software, along with quantum simulators and other related products and offerings. Its products include: Aurora, PennyLane, Catalyst, Lightning, Catalyst and PennyLane Codebook. The company operates in industries such as automotive, aerospace, energy, materials, and semiconductor sectors.
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