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Logic InstrumentXPAR:ALLOG -3.24%74 PB Ratio is 2.01 as of Jul. 14, 2026, which is 79% above its 10-year median of 1.12. GuruFocus rates XPAR:ALLOG with a GF Score™ of 74/100 and a GF Value™ of €1.86 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,421 Hardware companies, Logic Instrument ranks better than 54.32% 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 (2026-07-14), Logic Instrument's share price is €1.974. Logic Instrument's Book Value per Share for the quarter that ended in Dec. 2025 was €0.98. Hence, Logic Instrument's PB Ratio of today is 2.01.
The historical rank and industry rank for Logic Instrument's PB Ratio or its related term are showing as below:
XPAR:ALLOG'
s PB Ratio Range Over the Past 10 Years
Min: 0.55 Med: 1.12 Max: 3.29
Current: 2.08
During the past 13 years, Logic Instrument's highest PB Ratio was 3.29. The lowest was 0.55. And the median was 1.12.
XPAR:ALLOG's PB Ratio is ranked better than 54.32% of 2421
companies
in the Hardware industry
Industry Median: 2.29
vs XPAR:ALLOG: 2.08
During the past 12 months, Logic Instrument's average Book Value Per Share Growth Rate was 39.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 25.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 9.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Logic Instrument was 25.20% per year. The lowest was -28.40% per year. And the median was -4.90% per year.
Back to Basics: PB Ratio
Logic Instrument (XPAR:ALLOG) 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.
Logic Instrument PB Ratio Related Terms
Logic Instrument PB Ratio Historical Data
* Premium members only.
The historical data trend for Logic Instrument'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.
XPAR:ALLOG vs SNDK, DELL, STX: PB Ratio Comparison
For the Computer Hardware subindustry, Logic Instrument'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.
Logic Instrument PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Logic Instrument's PB Ratio distribution charts can be found below:
* The bar in red indicates where Logic Instrument'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.
Logic Instrument (XPAR:ALLOG) has a PB Ratio of 2.01 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Logic Instrument and its competitors. This is 79% above median its historical median of 1.12. Over the past decade, Logic Instrument's PB Ratio has ranged from 0.55 to 3.29. According to the industry distribution chart, Logic Instrument ranks #1106 out of 2421 companies in the Hardware industry, placing it in the top 45.7%.
Is Logic Instrument's PB Ratio too high?
Logic Instrument's current PB Ratio of 2.01 is 79% above median its 10-year median of 1.12. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 3.29. The Hardware industry median PB Ratio is 2.29. Logic Instrument's value of 2.01 is 12.2% below this industry median. Based on the distribution chart, Logic Instrument ranks #1106 out of 2421 companies in the Hardware industry, which is above the industry midpoint. Overall, Logic Instrument has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Logic Instrument's PB Ratio compare to SNDK and DELL?
According to the Hardware industry distribution chart, Logic Instrument ranks #1106 out of 2421 companies for PB Ratio. This puts Logic Instrument in the upper half of its industry. The industry median PB Ratio is 2.29. Logic Instrument's value of 2.01 is 12.2% below this benchmark. Historically, Logic Instrument's own PB Ratio has ranged from 0.55 to 3.29 over the past decade. While the company's 10-year median is 1.12 vs. the industry median of 2.29, Logic Instrument 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 2.29, based on 2,421 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. Logic Instrument's current PB Ratio of 2.01 is 12.2% 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 Logic Instrument and its competitors. For the Hardware industry, the median PB Ratio is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Logic Instrument's current PB Ratio is 2.01, which is 79% above median its own 10-year median of 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Logic Instrument stock overvalued right now?
Based on GuruFocus' analysis, Logic Instrument (XPAR:ALLOG) is currently considered Fairly Valued. The stock's GF Value™ is €1.86, compared to a current price of €1.97 — trading 6.1% above its estimated fair value. The current PB Ratio is 2.01, which is 79% above median its 10-year median of 1.12 and 12.2% below the Hardware industry median of 2.29. Logic Instrument's overall GF Score™ is 74/100 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 Logic Instrument (XPAR:ALLOG), the current PB Ratio is 2.01 as of Jul. 14, 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 Logic Instrument (XPAR:ALLOG) Overvalued in 2026?
Based on GuruFocus' analysis, Logic Instrument stock appears to be overvalued.
The current stock price of €1.97 is trading 6.1% above its estimated GF Value™ of €1.86.
GuruFocus considers Logic Instrument to be Fairly Valued.
Key valuation signals for XPAR:ALLOG:
PB Ratio: 2.01 (79% above median its 10-year median of 1.12)
GF Value™: €1.86 vs. price of €1.97 (6.1% above fair value)
Industry Position: 12.2% below the Hardware median (#1106 of 2421)
No single metric tells the full story. See the XPAR:ALLOG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Logic Instrument SA is a supplier of rugged mobile computers to industrial and military sectors. The product portfolio includes rugged field book tablets, rugged field book smartphones, Tetra/Roda Military series, among others.
74GF Score
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