CVOSF (Coveo Solutions) PB Ratio: 2.94 (As of Jun. 28, 2026) — 12% Below Median


CVOSF Coveo Solutions Inc CVOSF
54 GF Score
Price $2.93
GF Value $6.18
Valuation Possible Value Trap
! 2 Warning Signs
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What is Coveo Solutions PB Ratio?

Coveo Solutions CVOSF 54 PB Ratio is 2.94 as of Jun. 28, 2026, which is 12% below its 10-year median of 3.35. GuruFocus rates CVOSF with a GF Score™ of 54/100 and a GF Value™ of $6.18 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,623 Software companies, Coveo Solutions ranks worse than 61.91% on this metric.

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. As of today (2026-06-28), Coveo Solutions's share price is $2.92893. Coveo Solutions's Book Value per Share for the quarter that ended in Mar. 2026 was $1.00. Hence, Coveo Solutions's PB Ratio of today is 2.94.

Good Sign:

Coveo Solutions Inc stock PB Ratio (=3.11) is close to 1-year low of 2.95.

The historical rank and industry rank for Coveo Solutions's PB Ratio or its related term are showing as below:

CVOSF' s PB Ratio Range Over the Past 10 Years
Min: 1.67   Med: 3.35   Max: 5.35
Current: 3.11

During the past 8 years, Coveo Solutions's highest PB Ratio was 5.35. The lowest was 1.67. And the median was 3.35.

CVOSF's PB Ratio is ranked worse than
61.91% of 2623 companies
in the Software industry
Industry Median: 2.33 vs CVOSF: 3.11

During the past 12 months, Coveo Solutions's average Book Value Per Share Growth Rate was -28.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -21.60% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Coveo Solutions was -15.20% per year. The lowest was -21.60% per year. And the median was -18.40% per year.

Back to Basics: PB Ratio


Coveo Solutions  (OTCPK:CVOSF) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Coveo Solutions PB Ratio Related Terms


Coveo Solutions PB Ratio Historical Data

* Premium members only.

The historical data trend for Coveo Solutions's PB Ratio 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.

Coveo Solutions PB Ratio Chart

Coveo Solutions Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial 0.00 2.42 6.34 2.79 3.07

Coveo Solutions Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio 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 2.79 4.42 5.25 4.72 3.07

CVOSF vs MSFT, ORCL, PLTR: PB Ratio Comparison

For the Software - Infrastructure subindustry, Coveo Solutions'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.


Coveo Solutions PB Ratio vs Software Industry

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

* The bar in red indicates where Coveo Solutions's PB Ratio falls into.


CVOSF
54GF Score
Coveo Solutions Inc CVOSF
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Coveo Solutions PB Ratio Calculation

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.

Coveo Solutions's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=2.92893/0.995
=2.94

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 2.94 mean?
Coveo Solutions (CVOSF) has a PB Ratio of 2.94 as of Jun. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Coveo Solutions and its competitors. This is 12% below median its historical median of 3.35. Over the past decade, Coveo Solutions' PB Ratio has ranged from 1.67 to 5.35. According to the industry distribution chart, Coveo Solutions ranks #1624 out of 2623 companies in the Software industry, placing it in the top 61.9%.
Is Coveo Solutions' PB Ratio too high?
Coveo Solutions' current PB Ratio of 2.94 is 12% below median its 10-year median of 3.35. Over the past 10 years, this metric has ranged from a low of 1.67 to a high of 5.35. The Software industry median PB Ratio is 2.33. Coveo Solutions' value of 2.94 is 26.2% above this industry median. Based on the distribution chart, Coveo Solutions ranks #1624 out of 2623 companies in the Software industry, which is below the industry midpoint. Overall, Coveo Solutions has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Coveo Solutions' PB Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, Coveo Solutions ranks #1624 out of 2623 companies for PB Ratio. This places Coveo Solutions in the lower half of its industry. The industry median PB Ratio is 2.33. Coveo Solutions' value of 2.94 is 26.2% above this benchmark. Historically, Coveo Solutions' own PB Ratio has ranged from 1.67 to 5.35 over the past decade. While the company's 10-year median is 3.35 vs. the industry median of 2.33, Coveo Solutions 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 2.33, based on 2,623 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. Coveo Solutions's current PB Ratio of 2.94 is 26.2% 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 Coveo Solutions and its competitors. For the Software industry, the median PB Ratio is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coveo Solutions's current PB Ratio is 2.94, which is 12% below median its own 10-year median of 3.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coveo Solutions stock overvalued right now?
Based on GuruFocus' analysis, Coveo Solutions (CVOSF) is currently considered Possible Value Trap. The stock's GF Value™ is $6.18, compared to a current price of $2.93 — trading 52.6% below its estimated fair value. The current PB Ratio is 2.94, which is 12% below median its 10-year median of 3.35 and 26.2% above the Software industry median of 2.33. Coveo Solutions' overall GF Score™ is 54/100 with 2 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 Coveo Solutions (CVOSF), the current PB Ratio is 2.94 as of Jun. 28, 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 Coveo Solutions (CVOSF) Overvalued in 2026?

Based on GuruFocus' analysis, Coveo Solutions stock appears to be undervalued. The current stock price of $2.93 is trading 52.6% below its estimated GF Value™ of $6.18. GuruFocus considers Coveo Solutions to be Possible Value Trap.

Key valuation signals for CVOSF:

  • PB Ratio: 2.94 (12% below median its 10-year median of 3.35)
  • GF Value™: $6.18 vs. price of $2.93 (52.6% below fair value)
  • GF Score™: 54/100 with 2 warning signs
  • Industry Position: 26.2% above the Software median (#1624 of 2623)

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


Coveo Solutions Business Description

Other Exchanges I94:GermanyCVO:Canada
Address 1100 avenue des Canadiens-de-Montreal, Suite 401, Montreal, QC, CAN, H3B 2S2
Coveo Solutions Inc is an AI-powered platform. It provides applied AI solutions enabling enterprises to deliver relevant digital experiences at scale. The Company's Software as a Service ("SaaS") AI platform and suite of AI models and products are designed to bring AI-Relevance across commerce, service, website, and workplace applications. Geographically, the company generates maximum revenue from the United States, followed by Canada, and other regions.
54GF Score

Get the complete analysis for CVOSF

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

$2.93
Price
$6.18
GF Value