Adventure SpA (MIL:ADV) PB Ratio: 7.69 (As of Jul. 07, 2026) — 73% Below Median


MIL:ADV Adventure SpA MIL:ADV
15 GF Score
Price €9.00
! 6 Warning Signs
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What is Adventure SpA PB Ratio?

Adventure SpA MIL:ADV -10.00% 15 PB Ratio is 7.69 as of Jul. 07, 2026, which is 73% below its 10-year median of 28.71. GuruFocus rates MIL:ADV with a GF Score™ of 15/100. The stock has 6 warning signs investors should review. Among 2,624 Software companies, Adventure SpA ranks worse than 86.59% 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 (2026-07-07), Adventure SpA's share price is €9.00. 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 7.69.

Good Sign:

Adventure SpA stock PB Ratio (=8.55) is close to 2-year low of 8.55.

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

MIL:ADV' s PB Ratio Range Over the Past 10 Years
Min: 7.7   Med: 28.71   Max: 167.65
Current: 7.7

During the past 4 years, Adventure SpA's highest PB Ratio was 167.65. The lowest was 7.70. And the median was 28.71.

MIL:ADV's PB Ratio is ranked worse than
86.59% of 2624 companies
in the Software industry
Industry Median: 2.405 vs MIL:ADV: 7.70

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.

Back to Basics: PB Ratio


Adventure SpA  (MIL:ADV) 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.


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.

Adventure SpA PB Ratio Chart

Adventure SpA Annual Data
Trend Dec22 Dec23 Dec24 Dec25
PB Ratio
0.00 0.00 32.81 18.72

Adventure SpA Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
PB Ratio Get a 7-Day Free Trial 0.00 0.00 32.81 18.41 18.72

MIL:ADV vs UBER, SHOP, CRM: PB Ratio 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
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Adventure SpA 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.

Adventure SpA's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=9.00/1.17
=7.69

* 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 7.69 mean?
Adventure SpA (MIL:ADV) has a PB Ratio of 7.69 as of Jul. 07, 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 73% below median its historical median of 28.71. Over the past decade, Adventure SpA's PB Ratio has ranged from 7.70 to 167.65. According to the industry distribution chart, Adventure SpA ranks #2272 out of 2624 companies in the Software industry, placing it in the top 86.6%.
Is Adventure SpA's PB Ratio too high?
Adventure SpA's current PB Ratio of 7.69 is 73% below median its 10-year median of 28.71. Over the past 10 years, this metric has ranged from a low of 7.70 to a high of 167.65. The Software industry median PB Ratio is 2.41. Adventure SpA's value of 7.69 is 219.8% above this industry median. Based on the distribution chart, Adventure SpA ranks #2272 out of 2624 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 UBER and SHOP?
According to the Software industry distribution chart, Adventure SpA ranks #2272 out of 2624 companies for PB Ratio. This places Adventure SpA in the lower half of its industry. The industry median PB Ratio is 2.41. Adventure SpA's value of 7.69 is 219.8% above this benchmark. Historically, Adventure SpA's own PB Ratio has ranged from 7.70 to 167.65 over the past decade. While the company's 10-year median is 28.71 vs. the industry median of 2.41, 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 2.41, based on 2,624 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 7.69 is 219.8% 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 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adventure SpA's current PB Ratio is 7.69, which is 73% below median its own 10-year median of 28.71. 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 PB Ratio of 7.69. The current PB Ratio is 7.69, which is 73% below median its 10-year median of 28.71 and 219.8% above the Software industry median of 2.41. 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 PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Adventure SpA (MIL:ADV), the current PB Ratio is 7.69 as of Jul. 07, 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 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

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

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