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Miris Holding ABXSAT:MIR -0.91%45 PB Ratio is 1.65 as of Jul. 17, 2026, which is 71% below its 10-year median of 5.71. GuruFocus rates XSAT:MIR with a GF Score™ of 45/100 and a GF Value™ of kr15.47 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,419 Hardware companies, Miris Holding AB ranks better than 63.13% 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 (2026-07-17), Miris Holding AB's share price is kr21.80. Miris Holding AB's Book Value per Share for the quarter that ended in Mar. 2026 was kr13.22. Hence, Miris Holding AB's PB Ratio of today is 1.65.
Good Sign:
Miris Holding AB stock PB Ratio (=1.89) is close to 3-year low of 1.86.
The historical rank and industry rank for Miris Holding AB's PB Ratio or its related term are showing as below:
XSAT:MIR'
s PB Ratio Range Over the Past 10 Years
Min: 1.05 Med: 5.71 Max: 90.93
Current: 1.64
During the past 13 years, Miris Holding AB's highest PB Ratio was 90.93. The lowest was 1.05. And the median was 5.71.
XSAT:MIR's PB Ratio is ranked better than 63.13% of 2419
companies
in the Hardware industry
Industry Median: 2.25
vs XSAT:MIR: 1.64
During the past 12 months, Miris Holding AB's average Book Value Per Share Growth Rate was 393.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -52.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Miris Holding AB was 64.50% per year. The lowest was -68.80% per year. And the median was -41.20% per year.
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.
Miris Holding AB PB Ratio Related Terms
Miris Holding AB PB Ratio Historical Data
* Premium members only.
The historical data trend for Miris Holding AB'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.
For the Scientific & Technical Instruments subindustry, Miris Holding AB'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.
Miris Holding AB PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Miris Holding AB's PB Ratio distribution charts can be found below:
* The bar in red indicates where Miris Holding AB'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.
Miris Holding AB (XSAT:MIR) has a PB Ratio of 1.65 as of Jul. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Miris Holding AB and its competitors. This is 71% below median its historical median of 5.71. Over the past decade, Miris Holding AB's PB Ratio has ranged from 1.05 to 90.93. According to the industry distribution chart, Miris Holding AB ranks #892 out of 2419 companies in the Hardware industry, placing it in the top 36.9%.
Is Miris Holding AB's PB Ratio too high?
Miris Holding AB's current PB Ratio of 1.65 is 71% below median its 10-year median of 5.71. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 90.93. The Hardware industry median PB Ratio is 2.25. Miris Holding AB's value of 1.65 is 26.7% below this industry median. Based on the distribution chart, Miris Holding AB ranks #892 out of 2419 companies in the Hardware industry, which is above the industry midpoint. Overall, Miris Holding AB has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Miris Holding AB's PB Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Miris Holding AB ranks #892 out of 2419 companies for PB Ratio. This puts Miris Holding AB in the upper half of its industry. The industry median PB Ratio is 2.25. Miris Holding AB's value of 1.65 is 26.7% below this benchmark. Historically, Miris Holding AB's own PB Ratio has ranged from 1.05 to 90.93 over the past decade. While the company's 10-year median is 5.71 vs. the industry median of 2.25, Miris Holding AB 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. Miris Holding AB's current PB Ratio of 1.65 is 26.7% 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 Miris Holding AB 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. Miris Holding AB's current PB Ratio is 1.65, which is 71% below median its own 10-year median of 5.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miris Holding AB stock overvalued right now?
Based on GuruFocus' analysis, Miris Holding AB (XSAT:MIR) is currently considered Significantly Overvalued. The stock's GF Value™ is kr15.47, compared to a current price of kr21.80 — trading 40.9% above its estimated fair value. The current PB Ratio is 1.65, which is 71% below median its 10-year median of 5.71 and 26.7% below the Hardware industry median of 2.25. Miris Holding AB's overall GF Score™ is 45/100 with 4 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 Miris Holding AB (XSAT:MIR), the current PB Ratio is 1.65 as of Jul. 17, 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 Miris Holding AB (XSAT:MIR) Overvalued in 2026?
Based on GuruFocus' analysis, Miris Holding AB stock appears to be overvalued.
The current stock price of kr21.80 is trading 40.9% above its estimated GF Value™ of kr15.47.
GuruFocus considers Miris Holding AB to be Significantly Overvalued.
Key valuation signals for XSAT:MIR:
PB Ratio: 1.65 (71% below median its 10-year median of 5.71)
GF Value™: kr15.47 vs. price of kr21.80 (40.9% above fair value)
Industry Position: 26.7% below the Hardware median (#892 of 2419)
No single metric tells the full story. See the XSAT:MIR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Miris Holding AB develops, produces, markets and sells the Miris HMA - Human Milk Analyzer (HMA). It provides neonatal health through the development, manufacture and sale of equipment and consumables for human milk analysis to enable individual nutrition for premature infants. It is used in healthcare for the analysis of breast milk for premature babies and for the classification of donated breast milk at milk banks.
45GF Score
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