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.
Harris Technology GroupASX:HT8 -4.55% Price-to-Tangible-Book is 5.25 as of Sep. 03, 2026. The stock has 2 warning signs investors should review. Among 985 Retail - Cyclical companies, Harris Technology Group ranks worse than 101522.74% on this metric.
The historical rank and industry rank for Harris Technology Group's Price-to-Tangible-Book or its related term are showing as below:
During the past 13 years, Harris Technology Group's highest Price to Tangible Book Ratio was 27.14. The lowest was 1.14. And the median was 2.25.
ASX:HT8's Price-to-Tangible-Book is not ranked *
in the Retail - Cyclical industry.
Industry Median: 1.73 * Ranked among companies with meaningful Price-to-Tangible-Book only.
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Harris Technology Group Price-to-Tangible-Book Related Terms
Harris Technology Group Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Harris Technology Group's Price-to-Tangible-Book 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.
Harris Technology Group Price-to-Tangible-Book Chart
ASX:HT8 vs AMZN, BABA, PDD: Price-to-Tangible-Book Comparison
For the Internet Retail subindustry, Harris Technology Group's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.
Harris Technology Group Price-to-Tangible-Book vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Harris Technology Group's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Harris Technology Group's Price-to-Tangible-Book falls into.
* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Harris Technology Group (ASX:HT8) has a Price-to-Tangible-Book of 5.25 as of Sep. 03, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Harris Technology Group and its competitors. According to the industry distribution chart, Harris Technology Group ranks #999999 out of 985 companies in the Retail - Cyclical industry.
Is Harris Technology Group's Price-to-Tangible-Book too high?
Harris Technology Group's current Price-to-Tangible-Book is 5.25. The Retail - Cyclical industry median Price-to-Tangible-Book is 1.73. Harris Technology Group's value of 5.25 is 203.5% above this industry median. Based on the distribution chart, Harris Technology Group ranks #999999 out of 985 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers.
How does Harris Technology Group's Price-to-Tangible-Book compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Harris Technology Group ranks #999999 out of 985 companies for Price-to-Tangible-Book. This places Harris Technology Group in the lower half of its industry. The industry median Price-to-Tangible-Book is 1.73. Harris Technology Group's value of 5.25 is 203.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a Retail - Cyclical company?
The median Price-to-Tangible-Book among Retail - Cyclical companies is 1.73, based on 985 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Harris Technology Group's current Price-to-Tangible-Book of 5.25 is 203.5% 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Harris Technology Group and its competitors. For the Retail - Cyclical industry, the median Price-to-Tangible-Book is 1.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harris Technology Group's current Price-to-Tangible-Book is 5.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harris Technology Group stock overvalued right now?
Based on GuruFocus' analysis, Harris Technology Group (ASX:HT8) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.01, compared to a current price of A$0.02 — trading 110% above its estimated fair value. The current Price-to-Tangible-Book is 5.25 and 203.5% above the Retail - Cyclical industry median of 1.73. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Harris Technology Group (ASX:HT8), the current Price-to-Tangible-Book is 5.25 as of Sep. 03, 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.
Harris Technology Group Ltd operates as a technology product distributor and online retailer, serving small and medium businesses in Australia. Its product range includes computers, networking equipment, servers, storage devices, printing supplies, and software licenses. The company generates revenue by selling technology products through its online platforms on various marketplaces. It focuses on online sales without operating physical retail stores and supports products from manufacturers of different countries shipped directly to customers or local inventories. Geographically, it operates in Australia.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:HT8 has been successfully added to your 
