Icape Holding (XPAR:ALICA) PB Ratio: 2.19 (As of Jul. 18, 2026) — 22% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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XPAR:ALICA Icape Holding SA XPAR:ALICA
83 GF Score
Price €7.20
GF Value €11.17
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Icape Holding PB Ratio?

Icape Holding XPAR:ALICA +2.86% 83 PB Ratio is 2.19 as of Jul. 18, 2026, which is 22% below its 10-year median of 2.82. GuruFocus rates XPAR:ALICA with a GF Score™ of 83/100 and a GF Value™ of €11.17 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,419 Hardware companies, Icape Holding ranks better than 50.97% 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 (2026-07-18), Icape Holding's share price is €7.20. Icape Holding's Book Value per Share for the quarter that ended in Dec. 2025 was €3.28. Hence, Icape Holding's PB Ratio of today is 2.19.

Warning Sign:

Icape Holding SA stock PB Ratio (=2.19) is close to 1-year high of 2.19.

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

XPAR:ALICA' s PB Ratio Range Over the Past 10 Years
Min: 1.16   Med: 2.82   Max: 18.42
Current: 2.25

During the past 8 years, Icape Holding's highest PB Ratio was 18.42. The lowest was 1.16. And the median was 2.82.

XPAR:ALICA's PB Ratio is ranked better than
50.97% of 2419 companies
in the Hardware industry
Industry Median: 2.25 vs XPAR:ALICA: 2.25

During the past 12 months, Icape Holding's average Book Value Per Share Growth Rate was -14.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 52.90% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Icape Holding was 186.20% per year. The lowest was -2.30% per year. And the median was 83.75% per year.

Back to Basics: PB Ratio


Icape Holding  (XPAR:ALICA) 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.


Icape Holding PB Ratio Related Terms


Icape Holding PB Ratio Historical Data

* Premium members only.

The historical data trend for Icape Holding'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.

Icape Holding PB Ratio Chart

Icape Holding Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 0.00 4.50 3.73 2.60 1.83

Icape Holding Semi-Annual Data
Dec18 Dec19 Dec20 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 3.73 3.27 2.60 2.12 1.83

XPAR:ALICA vs APH, GLW, TEL: PB Ratio Comparison

For the Electronic Components subindustry, Icape Holding'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.


Icape Holding PB Ratio vs Hardware Industry

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

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


XPAR:ALICA
83GF Score
Icape Holding SA XPAR:ALICA
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Icape Holding 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.

Icape Holding's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=7.20/3.283
=2.19

* 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 2.19 mean?
Icape Holding (XPAR:ALICA) has a PB Ratio of 2.19 as of Jul. 18, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Icape Holding and its competitors. This is 22% below median its historical median of 2.82. Over the past decade, Icape Holding's PB Ratio has ranged from 1.16 to 18.42. According to the industry distribution chart, Icape Holding ranks #1186 out of 2419 companies in the Hardware industry, placing it in the top 49%.
Is Icape Holding's PB Ratio too high?
Icape Holding's current PB Ratio of 2.19 is 22% below median its 10-year median of 2.82. Over the past 10 years, this metric has ranged from a low of 1.16 to a high of 18.42. The Hardware industry median PB Ratio is 2.25. Icape Holding's value of 2.19 is 2.7% below this industry median. Based on the distribution chart, Icape Holding ranks #1186 out of 2419 companies in the Hardware industry, which is above the industry midpoint. Overall, Icape Holding has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Icape Holding's PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Icape Holding ranks #1186 out of 2419 companies for PB Ratio. This puts Icape Holding in the upper half of its industry. The industry median PB Ratio is 2.25. Icape Holding's value of 2.19 is 2.7% below this benchmark. Historically, Icape Holding's own PB Ratio has ranged from 1.16 to 18.42 over the past decade. While the company's 10-year median is 2.82 vs. the industry median of 2.25, Icape Holding 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 Hardware company?
The median PB Ratio among Hardware companies is 2.25, based on 2,419 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. Icape Holding's current PB Ratio of 2.19 is 2.7% 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 Icape Holding and its competitors. For the Hardware industry, the median PB Ratio is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Icape Holding's current PB Ratio is 2.19, which is 22% below median its own 10-year median of 2.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icape Holding stock overvalued right now?
Based on GuruFocus' analysis, Icape Holding (XPAR:ALICA) is currently considered Possible Value Trap. The stock's GF Value™ is €11.17, compared to a current price of €7.20 — trading 35.5% below its estimated fair value. The current PB Ratio is 2.19, which is 22% below median its 10-year median of 2.82 and 2.7% below the Hardware industry median of 2.25. Icape Holding's overall GF Score™ is 83/100 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 Icape Holding (XPAR:ALICA), the current PB Ratio is 2.19 as of Jul. 18, 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 Icape Holding (XPAR:ALICA) Overvalued in 2026?

Based on GuruFocus' analysis, Icape Holding stock appears to be undervalued. The current stock price of €7.20 is trading 35.5% below its estimated GF Value™ of €11.17. GuruFocus considers Icape Holding to be Possible Value Trap.

Key valuation signals for XPAR:ALICA:

  • PB Ratio: 2.19 (22% below median its 10-year median of 2.82)
  • GF Value™: €11.17 vs. price of €7.20 (35.5% below fair value)
  • GF Score™: 83/100 with 6 warning signs
  • Industry Position: 2.7% below the Hardware median (#1186 of 2419)

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


Icape Holding Business Description

Other Exchanges Z8J:Germany
Address Immeuble Volta 33 Avenue du General Leclerc, Fontenay-aux-Roses, FRA, 92260
Icape Holding SA is engaged in the distribution, trade, and production of printed circuit boards (PCB), which are essential components used across the electronics industry, including the business, telecommunications, automotive, connected objects, home automation, e-mobility, medical, power, multimedia, and IT industries. Its segemnts are: It operates through the Trade in printed circuit boards (PCB) - Americas; Trade and production of printed circuit boards (PCB); Trade and production of printed circuit boards (PCB) - Central Europe; Trade in printed circuit boards (PCB) - Asia and the Rest of the World, which generates maximum revenue; Trade and production of technical parts (Tech Parts) - Europe; and Trade and production of technical parts (Tech Parts) - Rest of the World.
83GF Score

Get the complete analysis for XPAR:ALICA

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

€7.20
Price
€11.17
GF Value