Technical Publications Service SpA (MIL:TPS) PB Ratio: 1.60 (As of Jul. 15, 2026) — Near Median

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MIL:TPS Technical Publications Service SpA MIL:TPS
94 GF Score
Price €8.45
GF Value €7.25
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Technical Publications Service SpA PB Ratio?

Technical Publications Service SpA MIL:TPS 94 PB Ratio is 1.60 as of Jul. 15, 2026, which is 1% below its 10-year median of 1.62. GuruFocus rates MIL:TPS with a GF Score™ of 94/100 and a GF Value™ of €7.25 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 965 Transportation companies, Technical Publications Service SpA ranks worse than 61.55% 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 (2026-07-15), Technical Publications Service SpA's share price is €8.45. Technical Publications Service SpA's Book Value per Share for the quarter that ended in Dec. 2025 was €5.29. Hence, Technical Publications Service SpA's PB Ratio of today is 1.60.

Warning Sign:

Technical Publications Service SpA stock PB Ratio (=1.6) is close to 3-year high of 1.75.

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

MIL:TPS' s PB Ratio Range Over the Past 10 Years
Min: 1.14   Med: 1.62   Max: 14.28
Current: 1.6

During the past 11 years, Technical Publications Service SpA's highest PB Ratio was 14.28. The lowest was 1.14. And the median was 1.62.

MIL:TPS's PB Ratio is ranked worse than
61.55% of 965 companies
in the Transportation industry
Industry Median: 1.25 vs MIL:TPS: 1.60

During the past 12 months, Technical Publications Service SpA's average Book Value Per Share Growth Rate was 12.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 34.70% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Technical Publications Service SpA was 156.90% per year. The lowest was 11.30% per year. And the median was 14.00% per year.

Back to Basics: PB Ratio


Technical Publications Service SpA  (MIL:TPS) 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.


Technical Publications Service SpA PB Ratio Related Terms


Technical Publications Service SpA PB Ratio Historical Data

* Premium members only.

The historical data trend for Technical Publications Service 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.

Technical Publications Service SpA PB Ratio Chart

Technical Publications Service SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.71 1.40 1.43 1.55 1.43

Technical Publications Service SpA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.43 1.46 1.55 1.50 1.43

MIL:TPS vs JOBY, CAAP: PB Ratio Comparison

For the Airports & Air Services subindustry, Technical Publications Service 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.


Technical Publications Service SpA PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Technical Publications Service SpA's PB Ratio distribution charts can be found below:

* The bar in red indicates where Technical Publications Service SpA's PB Ratio falls into.


MIL:TPS
94GF Score
Technical Publications Service SpA MIL:TPS
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Technical Publications Service 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.

Technical Publications Service SpA's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=8.45/5.285
=1.60

* 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 1.60 mean?
Technical Publications Service SpA (MIL:TPS) has a PB Ratio of 1.60 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Technical Publications Service SpA and its competitors. This is near median its historical median of 1.62. Over the past decade, Technical Publications Service SpA's PB Ratio has ranged from 1.14 to 14.28. According to the industry distribution chart, Technical Publications Service SpA ranks #594 out of 965 companies in the Transportation industry, placing it in the top 61.6%.
Is Technical Publications Service SpA's PB Ratio too high?
Technical Publications Service SpA's current PB Ratio of 1.60 is near median its 10-year median of 1.62. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 14.28. The Transportation industry median PB Ratio is 1.25. Technical Publications Service SpA's value of 1.60 is 28% above this industry median. Based on the distribution chart, Technical Publications Service SpA ranks #594 out of 965 companies in the Transportation industry, which is below the industry midpoint. Overall, Technical Publications Service SpA has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Technical Publications Service SpA's PB Ratio compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Technical Publications Service SpA ranks #594 out of 965 companies for PB Ratio. This places Technical Publications Service SpA in the lower half of its industry. The industry median PB Ratio is 1.25. Technical Publications Service SpA's value of 1.60 is 28% above this benchmark. Historically, Technical Publications Service SpA's own PB Ratio has ranged from 1.14 to 14.28 over the past decade. While the company's 10-year median is 1.62 vs. the industry median of 1.25, Technical Publications Service 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 Transportation company?
The median PB Ratio among Transportation companies is 1.25, based on 965 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. Technical Publications Service SpA's current PB Ratio of 1.60 is 28% 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 Technical Publications Service SpA and its competitors. For the Transportation industry, the median PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Technical Publications Service SpA's current PB Ratio is 1.60, which is near median its own 10-year median of 1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technical Publications Service SpA stock overvalued right now?
Based on GuruFocus' analysis, Technical Publications Service SpA (MIL:TPS) is currently considered Modestly Overvalued. The stock's GF Value™ is €7.25, compared to a current price of €8.45 — trading 16.6% above its estimated fair value. The current PB Ratio is 1.60, which is near median its 10-year median of 1.62 and 28% above the Transportation industry median of 1.25. Technical Publications Service SpA's overall GF Score™ is 94/100 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 Technical Publications Service SpA (MIL:TPS), the current PB Ratio is 1.60 as of Jul. 15, 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 Technical Publications Service SpA (MIL:TPS) Overvalued in 2026?

Based on GuruFocus' analysis, Technical Publications Service SpA stock appears to be overvalued. The current stock price of €8.45 is trading 16.6% above its estimated GF Value™ of €7.25. GuruFocus considers Technical Publications Service SpA to be Modestly Overvalued.

Key valuation signals for MIL:TPS:

  • PB Ratio: 1.60 (near median its 10-year median of 1.62)
  • GF Value™: €7.25 vs. price of €8.45 (16.6% above fair value)
  • GF Score™: 94/100 with 5 warning signs
  • Industry Position: 28% above the Transportation median (#594 of 965)

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


Technical Publications Service SpA Business Description

Address Via Lazzaretto 12/C, Gallarate, ITA, 21013
Technical Publications Service SpA provides technical publications services to the aerospace industry. The company creates logistical support, use and maintenance manuals, spare parts catalogs, after-sales support documents, etc.
94GF Score

Get the complete analysis for MIL:TPS

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

€8.45
Price
€7.25
GF Value