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.
Quality and ReliabilityATH:QUAL -0.31%77 PB Ratio is 6.18 as of Aug. 12, 2026, which is 138% above its 10-year median of 2.60. GuruFocus rates ATH:QUAL with a GF Score™ of 77/100 and a GF Value™ of €2.06 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 2,629 Software companies, Quality and Reliability ranks worse than 81.74% on this metric.
The historical rank and industry rank for Quality and Reliability's PB Ratio or its related term are showing as below:
ATH:QUAL'
s PB Ratio Range Over the Past 10 Years
Min: 0.88 Med: 2.6 Max: 13.63
Current: 6.18
During the past 13 years, Quality and Reliability's highest PB Ratio was 13.63. The lowest was 0.88. And the median was 2.60.
ATH:QUAL's PB Ratio is ranked worse than 81.74% of 2629
companies
in the Software industry
Industry Median: 2.5
vs ATH:QUAL: 6.18
During the past 12 months, Quality and Reliability's average Book Value Per Share Growth Rate was 78.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 36.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 14.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -3.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Quality and Reliability was 36.50% per year. The lowest was -17.70% per year. And the median was -8.40% per year.
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.
* 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.
For the Software - Application subindustry, Quality and Reliability'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.
Quality and Reliability PB Ratio vs Software Industry
For the Software industry and Technology sector, Quality and Reliability's PB Ratio distribution charts can be found below:
* The bar in red indicates where Quality and Reliability's PB Ratio falls into.
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.
* 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.
Quality and Reliability (ATH:QUAL) has a PB Ratio of 6.18 as of Aug. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Quality and Reliability and its competitors. This is 138% above median its historical median of 2.60. Over the past decade, Quality and Reliability's PB Ratio has ranged from 0.88 to 13.63. According to the industry distribution chart, Quality and Reliability ranks #2149 out of 2629 companies in the Software industry, placing it in the top 81.7%.
Is Quality and Reliability's PB Ratio too high?
Quality and Reliability's current PB Ratio of 6.18 is 138% above median its 10-year median of 2.60. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 13.63. The Software industry median PB Ratio is 2.50. Quality and Reliability's value of 6.18 is 147.2% above this industry median. Based on the distribution chart, Quality and Reliability ranks #2149 out of 2629 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Quality and Reliability has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Quality and Reliability's PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Quality and Reliability ranks #2149 out of 2629 companies for PB Ratio. This places Quality and Reliability in the lower half of its industry. The industry median PB Ratio is 2.50. Quality and Reliability's value of 6.18 is 147.2% above this benchmark. Historically, Quality and Reliability's own PB Ratio has ranged from 0.88 to 13.63 over the past decade. While the company's 10-year median is 2.60 vs. the industry median of 2.50, Quality and Reliability 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 2.50, based on 2,629 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. Quality and Reliability's current PB Ratio of 6.18 is 147.2% 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 Quality and Reliability and its competitors. For the Software industry, the median PB Ratio is 2.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quality and Reliability's current PB Ratio is 6.18, which is 138% above median its own 10-year median of 2.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quality and Reliability stock overvalued right now?
Based on GuruFocus' analysis, Quality and Reliability (ATH:QUAL) is currently considered Possible Value Trap. The stock's GF Value™ is €2.06, compared to a current price of €1.30 — trading 36.7% below its estimated fair value. The current PB Ratio is 6.18, which is 138% above median its 10-year median of 2.60 and 147.2% above the Software industry median of 2.50. Quality and Reliability's overall GF Score™ is 77/100 with 7 warning signs 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 Quality and Reliability (ATH:QUAL), the current PB Ratio is 6.18 as of Aug. 12, 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 Quality and Reliability (ATH:QUAL) Overvalued in 2026?
Based on GuruFocus' analysis, Quality and Reliability stock appears to be undervalued.
The current stock price of €1.30 is trading 36.7% below its estimated GF Value™ of €2.06.
GuruFocus considers Quality and Reliability to be Possible Value Trap.
Key valuation signals for ATH:QUAL:
PB Ratio: 6.18 (138% above median its 10-year median of 2.60)
GF Value™: €2.06 vs. price of €1.30 (36.7% below fair value)
Industry Position: 147.2% above the Software median (#2149 of 2629)
No single metric tells the full story. See the ATH:QUAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quality and Reliability SA is engaged in software development and in the provision of integration services for information systems. The company delivers complex Integrated Information Systems for large and mid-size enterprises in the public and private sectors, cutting-edge technology solutions for Financial Institutions, Enterprise web Portals, white label e-Bookstore platforms & label e-commerce solutions, cross-platform Mobile Applications and multi-platform eBook interactive educational authoring tools.
77GF Score
Get the complete analysis for ATH:QUAL
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ATH:QUAL has been successfully added to your 
