Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Secure Electronic TechnologyNSA:NSLTECH +3.66%10 PB Ratio is 1.22 as of Jul. 16, 2026, which is 24% above its 10-year median of 0.98. GuruFocus rates NSA:NSLTECH with a GF Score™ of 10/100 and a GF Value™ of ₦0.37 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 792 Travel & Leisure companies, Secure Electronic Technology ranks better than 58.08% on this metric.
Secure Electronic Technology PLC stock PB Ratio (=1.18) is close to 1-year low of 1.08.
The historical rank and industry rank for Secure Electronic Technology's PB Ratio or its related term are showing as below:
NSA:NSLTECH'
s PB Ratio Range Over the Past 10 Years
Min: 0.42 Med: 0.98 Max: 2.33
Current: 1.22
During the past 4 years, Secure Electronic Technology's highest PB Ratio was 2.33. The lowest was 0.42. And the median was 0.98.
NSA:NSLTECH's PB Ratio is ranked better than 58.08% of 792
companies
in the Travel & Leisure industry
Industry Median: 1.49
vs NSA:NSLTECH: 1.22
During the past 12 months, Secure Electronic Technology's average Book Value Per Share Growth Rate was 61.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 13.80% per year.
During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Secure Electronic Technology was 13.80% per year. The lowest was 13.80% per year. And the median was 13.80% per year.
Back to Basics: PB Ratio
Secure Electronic Technology (NSA:NSLTECH) PB Ratio Explanation
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.
Secure Electronic Technology PB Ratio Related Terms
Secure Electronic Technology PB Ratio Historical Data
* 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.
Secure Electronic Technology PB Ratio Chart
Secure Electronic Technology Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
PB Ratio
0.42
0.47
1.72
0.91
Secure Electronic Technology Semi-Annual Data
Dec21
Dec22
Dec23
Dec24
PB Ratio
0.42
0.47
1.72
0.91
NSA:NSLTECH vs FLUT, DKNG, SGHC: PB Ratio Comparison
For the Gambling subindustry, Secure Electronic Technology'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.
Secure Electronic Technology PB Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Secure Electronic Technology's PB Ratio distribution charts can be found below:
* The bar in red indicates where Secure Electronic Technology'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.
* 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.
Secure Electronic Technology (NSA:NSLTECH) has a PB Ratio of 1.22 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Secure Electronic Technology and its competitors. This is 24% above median its historical median of 0.98. Over the past decade, Secure Electronic Technology's PB Ratio has ranged from 0.42 to 2.33. According to the industry distribution chart, Secure Electronic Technology ranks #332 out of 792 companies in the Travel & Leisure industry, placing it in the top 41.9%.
Is Secure Electronic Technology's PB Ratio too high?
Secure Electronic Technology's current PB Ratio of 1.22 is 24% above median its 10-year median of 0.98. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 2.33. The Travel & Leisure industry median PB Ratio is 1.49. Secure Electronic Technology's value of 1.22 is 18.1% below this industry median. Based on the distribution chart, Secure Electronic Technology ranks #332 out of 792 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Secure Electronic Technology has a GF Score™ of 10/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Secure Electronic Technology's PB Ratio compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Secure Electronic Technology ranks #332 out of 792 companies for PB Ratio. This puts Secure Electronic Technology in the upper half of its industry. The industry median PB Ratio is 1.49. Secure Electronic Technology's value of 1.22 is 18.1% below this benchmark. Historically, Secure Electronic Technology's own PB Ratio has ranged from 0.42 to 2.33 over the past decade. While the company's 10-year median is 0.98 vs. the industry median of 1.49, Secure Electronic Technology 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 Travel & Leisure company?
The median PB Ratio among Travel & Leisure companies is 1.49, based on 792 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. Secure Electronic Technology's current PB Ratio of 1.22 is 18.1% 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 Secure Electronic Technology and its competitors. For the Travel & Leisure industry, the median PB Ratio is 1.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Secure Electronic Technology's current PB Ratio is 1.22, which is 24% above median its own 10-year median of 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Secure Electronic Technology stock overvalued right now?
Based on GuruFocus' analysis, Secure Electronic Technology (NSA:NSLTECH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦0.37, compared to a current price of ₦0.85 — trading 129.7% above its estimated fair value. The current PB Ratio is 1.22, which is 24% above median its 10-year median of 0.98 and 18.1% below the Travel & Leisure industry median of 1.49. Secure Electronic Technology's overall GF Score™ is 10/100 with 1 warning sign 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 Secure Electronic Technology (NSA:NSLTECH), the current PB Ratio is 1.22 as of Jul. 16, 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 Secure Electronic Technology (NSA:NSLTECH) Overvalued in 2026?
Based on GuruFocus' analysis, Secure Electronic Technology stock appears to be overvalued.
The current stock price of ₦0.85 is trading 129.7% above its estimated GF Value™ of ₦0.37.
GuruFocus considers Secure Electronic Technology to be Significantly Overvalued.
Key valuation signals for NSA:NSLTECH:
PB Ratio: 1.22 (24% above median its 10-year median of 0.98)
GF Value™: ₦0.37 vs. price of ₦0.85 (129.7% above fair value)
Industry Position: 18.1% below the Travel & Leisure median (#332 of 792)
No single metric tells the full story. See the NSA:NSLTECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSA:NSLTECH has been successfully added to your 
