Adventure SpA (MIL:ADV) Book Value per Share: €1.17 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

MIL:ADV Adventure SpA MIL:ADV
15 GF Score
Price €12.00
! 6 Warning Signs
View Full Analysis

What is Adventure SpA Book Value per Share?

Adventure SpA MIL:ADV 15 Book Value per Share is €1.17 as of Dec. 2025. GuruFocus rates MIL:ADV with a GF Score™ of 15/100. The stock has 6 warning signs investors should review.

Adventure SpA's book value per share for the quarter that ended in Dec. 2025 was €1.17.

During the past 12 months, Adventure SpA's average Book Value Per Share Growth Rate was 82.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 222.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Adventure SpA was 222.10% per year. The lowest was 222.10% per year. And the median was 222.10% per year.

Adventure SpA's current price is €12.00. Its book value per share for the quarter that ended in Dec. 2025 was €1.17. Hence, today's PB Ratio of Adventure SpA is 10.26.

During the past 4 years, the highest P/B Ratio of Adventure SpA was 167.65. The lowest was 8.33. And the median was 28.59.

Good Sign:

Adventure SpA stock PB Ratio (=8.33) is close to 2-year low of 8.33.


Adventure SpA  (MIL:ADV) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Adventure SpA Book Value per Share Related Terms


Adventure SpA Book Value per Share Historical Data

* Premium members only.

The historical data trend for Adventure SpA's Book Value per Share 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.

Adventure SpA Book Value per Share Chart

Adventure SpA Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Book Value per Share
0.04 0.14 0.64 1.17

Adventure SpA Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Book Value per Share Get a 7-Day Free Trial 0.14 0.00 0.64 1.01 1.17

MIL:ADV vs UBER, SHOP, CRM: Book Value per Share Comparison

For the Software - Application subindustry, Adventure SpA'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.


Adventure SpA PB Ratio vs Software Industry

For the Software industry and Technology sector, Adventure SpA's PB Ratio distribution charts can be found below:

* The bar in red indicates where Adventure SpA's PB Ratio falls into.


MIL:ADV
15GF Score
Adventure SpA MIL:ADV
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Adventure SpA Book Value per Share Calculation

Adventure SpA's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(8.50-0.00)/7.27
=1.17

Adventure SpA's Book Value Per Share for the quarter that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(8.50-0.00)/7.27
=1.17

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of €1.17 mean?
Adventure SpA (MIL:ADV) has a Book Value per Share of €1.17 as of Dec. 2025. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Adventure SpA and its competitors.
Is Adventure SpA's Book Value per Share too high?
Adventure SpA's current Book Value per Share is €1.17. Overall, Adventure SpA has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Adventure SpA's Book Value per Share compare to UBER and SHOP?
Adventure SpA's Book Value per Share of €1.17 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 Book Value per Share for a Software company?
A good Book Value per Share depends on the Software industry context. However, Book Value per Share 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 Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Adventure SpA and its competitors. Adventure SpA's current Book Value per Share is €1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adventure SpA stock overvalued right now?
Adventure SpA (MIL:ADV) has a current Book Value per Share of €1.17. The current Book Value per Share is €1.17. Adventure SpA's overall GF Score™ is 15/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Adventure SpA (MIL:ADV), the current Book Value per Share is €1.17 as of Dec. 2025. 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.

Adventure SpA Business Description

Address Via Bertola 2, Torino, ITA, IT-10121
Adventure SpA operates as an online rate comparison platform. The company is engaged in providing carious services that includes lead generation solutions, Advertising solutions, Web development solutions, operational efficiency improvement, and others. The core business of the company is through the portal ameconviene.it a website dedicated to providing consumers with in-depth and up-to-date services and information on tracking the value for its finances, with a focus on home savings, investments, and smart financial choices.
15GF Score

Get the complete analysis for MIL:ADV

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€12.00
Price