ArgoARGHF -2.78%18 PB Ratio is 10.94 as of Jul. 03, 2026, which is 56% below its 10-year median of 24.84. GuruFocus rates ARGHF with a GF Score™ of 18/100 and a GF Value™ of $0.29 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 2,622 Software companies, Argo ranks worse than 92.3% 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 (2026-07-03), Argo's share price is $0.175. Argo's Book Value per Share for the quarter that ended in Mar. 2026 was $0.02. Hence, Argo's PB Ratio of today is 10.94.
Good Sign:
Argo Corp stock PB Ratio (=12.62) is close to 2-year low of 12.22.
The historical rank and industry rank for Argo's PB Ratio or its related term are showing as below:
ARGHF'
s PB Ratio Range Over the Past 10 Years
Min: 0.37 Med: 24.84 Max: 323.81
Current: 17.5
During the past 8 years, Argo's highest PB Ratio was 323.81. The lowest was 0.37. And the median was 24.84.
ARGHF's PB Ratio is ranked worse than 92.3% of 2622
companies
in the Software industry
Industry Median: 2.39
vs ARGHF: 17.50
During the past 12 months, Argo's average Book Value Per Share Growth Rate was 40.00% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Argo was -26.90% per year. The lowest was -60.60% per year. And the median was -55.15% 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.
Argo PB Ratio Related Terms
Argo PB Ratio Historical Data
* Premium members only.
The historical data trend for Argo'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 Software - Application subindustry, Argo'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.
Argo PB Ratio vs Software Industry
For the Software industry and Technology sector, Argo's PB Ratio distribution charts can be found below:
* The bar in red indicates where Argo'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.
Argo's PB Ratio for today is calculated as follows:
* 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.
Argo (ARGHF) has a PB Ratio of 10.94 as of Jul. 03, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Argo and its competitors. This is 56% below median its historical median of 24.84. Over the past decade, Argo's PB Ratio has ranged from 0.37 to 323.81. According to the industry distribution chart, Argo ranks #2420 out of 2622 companies in the Software industry, placing it in the top 92.3%.
Is Argo's PB Ratio too high?
Argo's current PB Ratio of 10.94 is 56% below median its 10-year median of 24.84. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 323.81. The Software industry median PB Ratio is 2.39. Argo's value of 10.94 is 357.7% above this industry median. Based on the distribution chart, Argo ranks #2420 out of 2622 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Argo has a GF Score™ of 18/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Argo's PB Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Argo ranks #2420 out of 2622 companies for PB Ratio. This places Argo in the lower half of its industry. The industry median PB Ratio is 2.39. Argo's value of 10.94 is 357.7% above this benchmark. Historically, Argo's own PB Ratio has ranged from 0.37 to 323.81 over the past decade. While the company's 10-year median is 24.84 vs. the industry median of 2.39, Argo 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 Software company?
The median PB Ratio among Software companies is 2.39, based on 2,622 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. Argo's current PB Ratio of 10.94 is 357.7% 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 Argo and its competitors. For the Software industry, the median PB Ratio is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argo's current PB Ratio is 10.94, which is 56% below median its own 10-year median of 24.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argo stock overvalued right now?
Based on GuruFocus' analysis, Argo (ARGHF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.29, compared to a current price of $0.18 — trading 39.7% below its estimated fair value. The current PB Ratio is 10.94, which is 56% below median its 10-year median of 24.84 and 357.7% above the Software industry median of 2.39. Argo's overall GF Score™ is 18/100 with 8 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 Argo (ARGHF), the current PB Ratio is 10.94 as of Jul. 03, 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 Argo (ARGHF) Overvalued in 2026?
Based on GuruFocus' analysis, Argo stock appears to be undervalued.
The current stock price of $0.18 is trading 39.7% below its estimated GF Value™ of $0.29.
GuruFocus considers Argo to be Possible Value Trap.
Key valuation signals for ARGHF:
PB Ratio: 10.94 (56% below median its 10-year median of 24.84)
GF Value™: $0.29 vs. price of $0.18 (39.7% below fair value)
Industry Position: 357.7% above the Software median (#2420 of 2622)
No single metric tells the full story. See the ARGHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Argo Corp is a new technology venture focused on vertically and publicly integrated city transit system within and across Canadian cities. The company's transit infrastructure solution connects riders to public transit conveniently while helping cities extend the reach and efficiency of their transit networks. The company is using Canadian technology to remove barriers to transportation services. The company offers two vertically integrated, technology-enabled transit solutions: Argo Transit offering municipalities a full service, electrified, and scalable transit solution; and Argo School to serve the student transportation market.
18GF Score
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