DBAPPSecurity Co (SHSE:688023) ROE % Adjusted to Book Value: -9.18% (As of Mar. 2026)

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SHSE:688023 DBAPPSecurity Co Ltd SHSE:688023
72 GF Score
Price ¥36.43
GF Value ¥55.76
Valuation Possible Value Trap
! 4 Warning Signs
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What is DBAPPSecurity Co ROE % Adjusted to Book Value?

DBAPPSecurity Co SHSE:688023 -3.09% 72 ROE % Adjusted to Book Value is -9.18% as of Mar. 2026. GuruFocus rates SHSE:688023 with a GF Score™ of 72/100 and a GF Value™ of ¥55.76 (Possible Value Trap). The stock has 4 warning signs investors should review.

DBAPPSecurity Co's ROE % for the quarter that ended in Mar. 2026 was -19.83%. DBAPPSecurity Co's PB Ratio for the quarter that ended in Mar. 2026 was 2.16. DBAPPSecurity Co's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was -9.18%.


DBAPPSecurity Co ROE % Adjusted to Book Value Related Terms


DBAPPSecurity Co ROE % Adjusted to Book Value Historical Data

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The historical data trend for DBAPPSecurity Co's ROE % Adjusted to Book Value 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.

DBAPPSecurity Co ROE % Adjusted to Book Value Chart

DBAPPSecurity Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 -1.57 -3.85 -4.70 -1.07

DBAPPSecurity Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value 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 -8.11 -5.59 -0.84 11.59 -9.18

SHSE:688023 vs MSFT, ORCL, PLTR: ROE % Adjusted to Book Value Comparison

For the Software - Infrastructure subindustry, DBAPPSecurity Co's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.


DBAPPSecurity Co ROE % Adjusted to Book Value vs Software Industry

For the Software industry and Technology sector, DBAPPSecurity Co's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where DBAPPSecurity Co's ROE % Adjusted to Book Value falls into.


SHSE:688023
72GF Score
DBAPPSecurity Co Ltd SHSE:688023
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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DBAPPSecurity Co ROE % Adjusted to Book Value Calculation

DBAPPSecurity Co's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-2.36% / 2.21
=-1.07%

DBAPPSecurity Co's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-19.83% / 2.16
=-9.18%

* 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.

What does a ROE % Adjusted to Book Value of -9.18% mean?
DBAPPSecurity Co (SHSE:688023) has a ROE % Adjusted to Book Value of -9.18% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on DBAPPSecurity Co and its competitors.
Is DBAPPSecurity Co's ROE % Adjusted to Book Value too high?
DBAPPSecurity Co's current ROE % Adjusted to Book Value is -9.18%. Overall, DBAPPSecurity Co has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does DBAPPSecurity Co's ROE % Adjusted to Book Value compare to MSFT and ORCL?
DBAPPSecurity Co's ROE % Adjusted to Book Value of -9.18% can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Software company?
A good ROE % Adjusted to Book Value depends on the Software industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on DBAPPSecurity Co and its competitors. DBAPPSecurity Co's current ROE % Adjusted to Book Value is -9.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DBAPPSecurity Co stock overvalued right now?
Based on GuruFocus' analysis, DBAPPSecurity Co (SHSE:688023) is currently considered Possible Value Trap. The stock's GF Value™ is ¥55.76, compared to a current price of ¥36.43 — trading 34.7% below its estimated fair value. The current ROE % Adjusted to Book Value is -9.18%. DBAPPSecurity Co's overall GF Score™ is 72/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For DBAPPSecurity Co (SHSE:688023), the current ROE % Adjusted to Book Value is -9.18% as of Mar. 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 DBAPPSecurity Co (SHSE:688023) Overvalued in 2026?

Based on GuruFocus' analysis, DBAPPSecurity Co stock appears to be undervalued. The current stock price of ¥36.43 is trading 34.7% below its estimated GF Value™ of ¥55.76. GuruFocus considers DBAPPSecurity Co to be Possible Value Trap.

Key valuation signals for SHSE:688023:

  • ROE % Adjusted to Book Value: -9.18%
  • GF Value™: ¥55.76 vs. price of ¥36.43 (34.7% below fair value)
  • GF Score™: 72/100 with 4 warning signs

No single metric tells the full story. See the SHSE:688023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DBAPPSecurity Co Business Description

Address No. 188, Lianhui Street, Anheng Building, Xixing Street, Binjiang District, Zhejiang, Hangzhou, CHN, 310051
DBAPPSecurity Co Ltd is engaged in the development, production and sales of network information security products and provides customers with professional network information security services. The company's products and services cover applications such as Application Security, Big data Security, Cloud Security, IoT Security, Industrial Control Security, and Industrial Internet Security.
72GF Score

Get the complete analysis for SHSE:688023

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥36.43
Price
¥55.76
GF Value