S4E (WAR:S4E) PB Ratio: 2.23 (As of Aug. 02, 2026) — 29% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

WAR:S4E S4E SA WAR:S4E
76 GF Score
Price zł52.00
GF Value zł44.26
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is S4E PB Ratio?

S4E WAR:S4E 76 PB Ratio is 2.23 as of Aug. 02, 2026, which is 29% above its 10-year median of 1.73. GuruFocus rates WAR:S4E with a GF Score™ of 76/100 and a GF Value™ of zł44.26 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,418 Hardware companies, S4E ranks worse than 50.99% 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 (2026-08-02), S4E's share price is zł52.00. S4E's Book Value per Share for the quarter that ended in Mar. 2026 was zł23.30. Hence, S4E's PB Ratio of today is 2.23.

The historical rank and industry rank for S4E's PB Ratio or its related term are showing as below:

WAR:S4E' s PB Ratio Range Over the Past 10 Years
Min: 0.86   Med: 1.73   Max: 3.63
Current: 2.23

During the past 13 years, S4E's highest PB Ratio was 3.63. The lowest was 0.86. And the median was 1.73.

WAR:S4E's PB Ratio is ranked worse than
50.99% of 2418 companies
in the Hardware industry
Industry Median: 2.17 vs WAR:S4E: 2.23

During the past 12 months, S4E's average Book Value Per Share Growth Rate was 33.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 39.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 50.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 12.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of S4E was 61.90% per year. The lowest was -27.00% per year. And the median was 7.10% per year.

Back to Basics: PB Ratio


S4E  (WAR:S4E) 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.


S4E PB Ratio Related Terms


S4E PB Ratio Historical Data

* Premium members only.

The historical data trend for S4E'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.

S4E PB Ratio Chart

S4E 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 1.74 1.24 3.23 1.36 2.04

S4E Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.23 1.99 1.89 2.04 1.62

WAR:S4E vs SNX, ARW, AVT: PB Ratio Comparison

For the Electronics & Computer Distribution subindustry, S4E'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.


S4E PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, S4E's PB Ratio distribution charts can be found below:

* The bar in red indicates where S4E's PB Ratio falls into.


WAR:S4E
76GF Score
S4E SA WAR:S4E
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

S4E 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.

S4E's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=52.00/23.304
=2.23

* 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 2.23 mean?
S4E (WAR:S4E) has a PB Ratio of 2.23 as of Aug. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on S4E and its competitors. This is 29% above median its historical median of 1.73. Over the past decade, S4E's PB Ratio has ranged from 0.86 to 3.63. According to the industry distribution chart, S4E ranks #1233 out of 2418 companies in the Hardware industry, placing it in the top 51%.
Is S4E's PB Ratio too high?
S4E's current PB Ratio of 2.23 is 29% above median its 10-year median of 1.73. Over the past 10 years, this metric has ranged from a low of 0.86 to a high of 3.63. The Hardware industry median PB Ratio is 2.17. S4E's value of 2.23 is 2.8% above this industry median. Based on the distribution chart, S4E ranks #1233 out of 2418 companies in the Hardware industry, which is below the industry midpoint. Overall, S4E has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does S4E's PB Ratio compare to SNX and ARW?
According to the Hardware industry distribution chart, S4E ranks #1233 out of 2418 companies for PB Ratio. This places S4E in the lower half of its industry. The industry median PB Ratio is 2.17. S4E's value of 2.23 is 2.8% above this benchmark. Historically, S4E's own PB Ratio has ranged from 0.86 to 3.63 over the past decade. While the company's 10-year median is 1.73 vs. the industry median of 2.17, S4E 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 Hardware company?
The median PB Ratio among Hardware companies is 2.17, based on 2,418 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. S4E's current PB Ratio of 2.23 is 2.8% 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 S4E and its competitors. For the Hardware industry, the median PB Ratio is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. S4E's current PB Ratio is 2.23, which is 29% above median its own 10-year median of 1.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S4E stock overvalued right now?
Based on GuruFocus' analysis, S4E (WAR:S4E) is currently considered Modestly Overvalued. The stock's GF Value™ is zł44.26, compared to a current price of zł52.00 — trading 17.5% above its estimated fair value. The current PB Ratio is 2.23, which is 29% above median its 10-year median of 1.73 and 2.8% above the Hardware industry median of 2.17. S4E's overall GF Score™ is 76/100 with 2 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 S4E (WAR:S4E), the current PB Ratio is 2.23 as of Aug. 02, 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 S4E (WAR:S4E) Overvalued in 2026?

Based on GuruFocus' analysis, S4E stock appears to be overvalued. The current stock price of zł52.00 is trading 17.5% above its estimated GF Value™ of zł44.26. GuruFocus considers S4E to be Modestly Overvalued.

Key valuation signals for WAR:S4E:

  • PB Ratio: 2.23 (29% above median its 10-year median of 1.73)
  • GF Value™: zł44.26 vs. price of zł52.00 (17.5% above fair value)
  • GF Score™: 76/100 with 2 warning signs
  • Industry Position: 2.8% above the Hardware median (#1233 of 2418)

No single metric tells the full story. See the WAR:S4E stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


S4E Business Description

Address ul. Inflancka 4B, Warsaw, POL, 00-189
S4E SA is a distributor of IT solutions with added value VAD in the area of secure data storage and networking. The company directs its offer to trading partners profile VAR and system integrators. The company offers storage solutions for the collection, storage, preservation, and archiving of data in a digital form, and professional services, including designing, organizing, and conducting the trainings, as well as pre-sales, implementation, after-sales care, and maintenance services.
76GF Score

Get the complete analysis for WAR:S4E

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

zł52.00
Price
zł44.26
GF Value