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ifa systems AGHAM:IS8 -0.99%61 PB Ratio is 0.78 as of Jul. 21, 2026, which is 47% below its 10-year median of 1.48. GuruFocus rates HAM:IS8 with a GF Score™ of 61/100 and a GF Value™ of €2.50 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 608 Healthcare Providers & Services companies, ifa systems AG ranks better than 86.18% 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 (2026-07-21), ifa systems AG's share price is €2.00. ifa systems AG's Book Value per Share for the quarter that ended in Dec. 2025 was €2.56. Hence, ifa systems AG's PB Ratio of today is 0.78.
Good Sign:
ifa systems AG stock PB Ratio (=0.79) is close to 2-year low of 0.74.
The historical rank and industry rank for ifa systems AG's PB Ratio or its related term are showing as below:
HAM:IS8'
s PB Ratio Range Over the Past 10 Years
Min: 0.62 Med: 1.48 Max: 2.9
Current: 0.79
During the past 13 years, ifa systems AG's highest PB Ratio was 2.90. The lowest was 0.62. And the median was 1.48.
HAM:IS8's PB Ratio is ranked better than 86.18% of 608
companies
in the Healthcare Providers & Services industry
Industry Median: 2.015
vs HAM:IS8: 0.79
During the past 12 months, ifa systems AG's average Book Value Per Share Growth Rate was 2.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -7.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -3.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -10.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of ifa systems AG was 27.50% per year. The lowest was -27.90% per year. And the median was 2.60% 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.
ifa systems AG PB Ratio Related Terms
ifa systems AG PB Ratio Historical Data
* Premium members only.
The historical data trend for ifa systems AG'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 Health Information Services subindustry, ifa systems AG'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.
ifa systems AG PB Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, ifa systems AG's PB Ratio distribution charts can be found below:
* The bar in red indicates where ifa systems AG'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.
ifa systems AG'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.
ifa systems AG (HAM:IS8) has a PB Ratio of 0.78 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on ifa systems AG and its competitors. This is 47% below median its historical median of 1.48. Over the past decade, ifa systems AG's PB Ratio has ranged from 0.62 to 2.90. According to the industry distribution chart, ifa systems AG ranks #84 out of 608 companies in the Healthcare Providers & Services industry, placing it in the top 13.8%.
Is ifa systems AG's PB Ratio too high?
ifa systems AG's current PB Ratio of 0.78 is 47% below median its 10-year median of 1.48. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 2.90. The Healthcare Providers & Services industry median PB Ratio is 2.02. ifa systems AG's value of 0.78 is 61.3% below this industry median. Based on the distribution chart, ifa systems AG ranks #84 out of 608 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, ifa systems AG has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ifa systems AG's PB Ratio compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, ifa systems AG ranks #84 out of 608 companies for PB Ratio. This places ifa systems AG in the top 14% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.02. ifa systems AG's value of 0.78 is 61.3% below this benchmark. Historically, ifa systems AG's own PB Ratio has ranged from 0.62 to 2.90 over the past decade. While the company's 10-year median is 1.48 vs. the industry median of 2.02, ifa systems AG has consistently been below 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 Healthcare Providers & Services company?
The median PB Ratio among Healthcare Providers & Services companies is 2.02, based on 608 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. ifa systems AG's current PB Ratio of 0.78 is 61.3% below 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 ifa systems AG and its competitors. For the Healthcare Providers & Services industry, the median PB Ratio is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ifa systems AG's current PB Ratio is 0.78, which is 47% below median its own 10-year median of 1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ifa systems AG stock overvalued right now?
Based on GuruFocus' analysis, ifa systems AG (HAM:IS8) is currently considered Modestly Undervalued. The stock's GF Value™ is €2.50, compared to a current price of €2.00 — trading 20% below its estimated fair value. The current PB Ratio is 0.78, which is 47% below median its 10-year median of 1.48 and 61.3% below the Healthcare Providers & Services industry median of 2.02. ifa systems AG's overall GF Score™ is 61/100 with 4 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 ifa systems AG (HAM:IS8), the current PB Ratio is 0.78 as of Jul. 21, 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 ifa systems AG (HAM:IS8) Overvalued in 2026?
Based on GuruFocus' analysis, ifa systems AG stock appears to be undervalued.
The current stock price of €2.00 is trading 20% below its estimated GF Value™ of €2.50.
GuruFocus considers ifa systems AG to be Modestly Undervalued.
Key valuation signals for HAM:IS8:
PB Ratio: 0.78 (47% below median its 10-year median of 1.48)
GF Value™: €2.50 vs. price of €2.00 (20% below fair value)
Industry Position: 61.3% below the Healthcare Providers & Services median (#84 of 608)
No single metric tells the full story. See the HAM:IS8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ifa systems AG develops, distributes and installs software solutions and components for ophthalmologists and eye clinics in the fast-growing health IT industry. Its products are divided into the Clinic, Practice, and Language Versions. Some of its product includes EMR (Electronic Medical Records); MDI (Medical Device Interface); Software Connection Platform; CDSS (Clinical Decision Support System); WFM Software (Workflow Management) and others.
61GF Score
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