XunleiXNET +0.18%66 Price-to-Tangible-Book is 0.32 as of Jul. 08, 2026, which is 50% below its 10-year median of 0.64. GuruFocus rates XNET with a GF Score™ of 66/100 and a GF Value™ of $3.25 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,186 Software companies, Xunlei ranks better than 97.9% on this metric.
As of today (2026-07-08), Xunlei's share price is $5.61. Xunlei's Tangible Book per Share of Mar. 2026 for the quarter that ended in Mar. 2026 was $17.67. Hence, Xunlei's Price to Tangible Book Ratio of today is 0.32.
The historical rank and industry rank for Xunlei's Price-to-Tangible-Book or its related term are showing as below:
XNET'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.26 Med: 0.64 Max: 2.87
Current: 0.32
During the past 13 years, Xunlei's highest Price to Tangible Book Ratio was 2.87. The lowest was 0.26. And the median was 0.64.
XNET's Price-to-Tangible-Book is ranked better than 97.9% of 2186
companies
in the Software industry
Industry Median: 3.16
vs XNET: 0.32
A closely related ratio is called PB Ratio. As of today, Xunlei's share price is $5.61. Xunlei's Book Value per Sharefor the quarter that ended in Mar. 2026 was $18.80. Hence, Xunlei's P/B Ratio of today is 0.30.
Be Aware
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.
Xunlei Price-to-Tangible-Book Related Terms
Xunlei Price-to-Tangible-Book Historical Data
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The historical data trend for Xunlei'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.
XNET vs TLS, SUPX, BKKT: Price-to-Tangible-Book Comparison
For the Software - Infrastructure subindustry, Xunlei'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.
Xunlei Price-to-Tangible-Book vs Software Industry
For the Software industry and Technology sector, Xunlei's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Xunlei'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.
Xunlei (XNET) has a Price-to-Tangible-Book of 0.32 as of Jul. 08, 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 Xunlei and its competitors. This is 50% below median its historical median of 0.64. Over the past decade, Xunlei's Price-to-Tangible-Book has ranged from 0.26 to 2.87. According to the industry distribution chart, Xunlei ranks #46 out of 2186 companies in the Software industry, placing it in the top 2.1%.
Is Xunlei's Price-to-Tangible-Book too high?
Xunlei's current Price-to-Tangible-Book of 0.32 is 50% below median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 2.87. The Software industry median Price-to-Tangible-Book is 3.16. Xunlei's value of 0.32 is 89.9% below this industry median. Based on the distribution chart, Xunlei ranks #46 out of 2186 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Xunlei has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Xunlei's Price-to-Tangible-Book compare to TLS and SUPX?
According to the Software industry distribution chart, Xunlei ranks #46 out of 2186 companies for Price-to-Tangible-Book. This places Xunlei in the top 2% of its industry — outperforming the majority of peers. The industry median Price-to-Tangible-Book is 3.16. Xunlei's value of 0.32 is 89.9% below this benchmark. Historically, Xunlei's own Price-to-Tangible-Book has ranged from 0.26 to 2.87 over the past decade. While the company's 10-year median is 0.64 vs. the industry median of 3.16, Xunlei 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 Price-to-Tangible-Book for a Software company?
The median Price-to-Tangible-Book among Software companies is 3.16, based on 2,186 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. Xunlei's current Price-to-Tangible-Book of 0.32 is 89.9% 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 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 Xunlei and its competitors. For the Software industry, the median Price-to-Tangible-Book is 3.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xunlei's current Price-to-Tangible-Book is 0.32, which is 50% below median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xunlei stock overvalued right now?
Based on GuruFocus' analysis, Xunlei (XNET) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.25, compared to a current price of $5.61 — trading 72.6% above its estimated fair value. The current Price-to-Tangible-Book is 0.32, which is 50% below median its 10-year median of 0.64 and 89.9% below the Software industry median of 3.16. Xunlei's overall GF Score™ is 66/100 with 5 warning signs to review. 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 Xunlei (XNET), the current Price-to-Tangible-Book is 0.32 as of Jul. 08, 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 Xunlei (XNET) Overvalued in 2026?
Based on GuruFocus' analysis, Xunlei stock appears to be overvalued.
The current stock price of $5.61 is trading 72.6% above its estimated GF Value™ of $3.25.
GuruFocus considers Xunlei to be Significantly Overvalued.
Key valuation signals for XNET:
Price-to-Tangible-Book: 0.32 (50% below median its 10-year median of 0.64)
GF Value™: $3.25 vs. price of $5.61 (72.6% above fair value)
Industry Position: 89.9% below the Software median (#46 of 2186)
No single metric tells the full story. See the XNET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Xunlei Ltd is a technology company providing distributed cloud services in China. It operates a powerful internet platform in China based on cloud technology to enable its users to quickly access, store, manage and consume digital media content on the internet. The company has expanded its products and services from PC-based devices to mobile devices in part through pre-installed acceleration products in mobile phones to further enlarge its user base and offer its users a wider range of access points. It provides a wide range of products and services across cloud acceleration and digital entertainment to deliver an efficient, smart and safe internet environment to its users.
66GF Score
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