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Adventure SpAFRA:L1Q +2.27%15 PB Ratio is 15.38 as of Aug. 12, 2026, which is 46% below its 10-year median of 28.33. GuruFocus rates FRA:L1Q with a GF Score™ of 15/100. The stock has 5 warning signs investors should review. Among 2,631 Software companies, Adventure SpA ranks worse than 94.49% 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 (2026-08-12), Adventure SpA's share price is €18.00. Adventure SpA's Book Value per Share for the quarter that ended in Dec. 2025 was €1.17. Hence, Adventure SpA's PB Ratio of today is 15.38.
The historical rank and industry rank for Adventure SpA's PB Ratio or its related term are showing as below:
FRA:L1Q'
s PB Ratio Range Over the Past 10 Years
Min: 8.33 Med: 28.33 Max: 167.65
Current: 16.09
During the past 4 years, Adventure SpA's highest PB Ratio was 167.65. The lowest was 8.33. And the median was 28.33.
FRA:L1Q's PB Ratio is ranked worse than 94.49% of 2631
companies
in the Software industry
Industry Median: 2.51
vs FRA:L1Q: 16.09
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.
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.
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.
Adventure SpA PB Ratio Related Terms
Adventure SpA PB Ratio Historical Data
* Premium members only.
The historical data trend for Adventure SpA'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.
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.
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.
Adventure SpA's PB Ratio for today is calculated as follows:
* 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.
Adventure SpA (FRA:L1Q) has a PB Ratio of 15.38 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 Adventure SpA and its competitors. This is 46% below median its historical median of 28.33. Over the past decade, Adventure SpA's PB Ratio has ranged from 8.33 to 167.65. According to the industry distribution chart, Adventure SpA ranks #2486 out of 2631 companies in the Software industry, placing it in the top 94.5%.
Is Adventure SpA's PB Ratio too high?
Adventure SpA's current PB Ratio of 15.38 is 46% below median its 10-year median of 28.33. Over the past 10 years, this metric has ranged from a low of 8.33 to a high of 167.65. The Software industry median PB Ratio is 2.51. Adventure SpA's value of 15.38 is 512.7% above this industry median. Based on the distribution chart, Adventure SpA ranks #2486 out of 2631 companies in the Software industry, which is in the bottom quartile relative to peers. 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 PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Adventure SpA ranks #2486 out of 2631 companies for PB Ratio. This places Adventure SpA in the lower half of its industry. The industry median PB Ratio is 2.51. Adventure SpA's value of 15.38 is 512.7% above this benchmark. Historically, Adventure SpA's own PB Ratio has ranged from 8.33 to 167.65 over the past decade. While the company's 10-year median is 28.33 vs. the industry median of 2.51, Adventure SpA 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 2.51, based on 2,631 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. Adventure SpA's current PB Ratio of 15.38 is 512.7% 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 Adventure SpA and its competitors. For the Software industry, the median PB Ratio is 2.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adventure SpA's current PB Ratio is 15.38, which is 46% below median its own 10-year median of 28.33. 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 (FRA:L1Q) has a current PB Ratio of 15.38. The current PB Ratio is 15.38, which is 46% below median its 10-year median of 28.33 and 512.7% above the Software industry median of 2.51. Adventure SpA's overall GF Score™ is 15/100 with 5 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 Adventure SpA (FRA:L1Q), the current PB Ratio is 15.38 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.
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.
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