ElsightASX:ELS -3.27%74 PB Ratio is 20.34 as of Jun. 25, 2026, which is 9% above its 10-year median of 18.69. GuruFocus rates ASX:ELS with a GF Score™ of 74/100 and a GF Value™ of A$5.49 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,412 Hardware companies, Elsight ranks worse than 95.9% 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 (2026-06-25), Elsight's share price is A$7.10. Elsight's Book Value per Share for the quarter that ended in Dec. 2025 was A$0.35. Hence, Elsight's PB Ratio of today is 20.34.
The historical rank and industry rank for Elsight's PB Ratio or its related term are showing as below:
ASX:ELS'
s PB Ratio Range Over the Past 10 Years
Min: 4.29 Med: 18.69 Max: 321
Current: 20.34
During the past 9 years, Elsight's highest PB Ratio was 321.00. The lowest was 4.29. And the median was 18.69.
ASX:ELS's PB Ratio is ranked worse than 95.9% of 2412
companies
in the Hardware industry
Industry Median: 2.42
vs ASX:ELS: 20.34
During the past 12 months, Elsight's average Book Value Per Share Growth Rate was 3390.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 216.60% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Elsight was 216.60% per year. The lowest was -27.90% per year. And the median was -19.40% 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.
Elsight PB Ratio Related Terms
Elsight PB Ratio Historical Data
* Premium members only.
The historical data trend for Elsight'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 Communication Equipment subindustry, Elsight'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.
Elsight PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Elsight's PB Ratio distribution charts can be found below:
* The bar in red indicates where Elsight'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.
Elsight'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.
Elsight (ASX:ELS) has a PB Ratio of 20.34 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Elsight and its competitors. This is near median its historical median of 18.69. Over the past decade, Elsight's PB Ratio has ranged from 4.29 to 321.00. According to the industry distribution chart, Elsight ranks #2313 out of 2412 companies in the Hardware industry, placing it in the top 95.9%.
Is Elsight's PB Ratio too high?
Elsight's current PB Ratio of 20.34 is near median its 10-year median of 18.69. Over the past 10 years, this metric has ranged from a low of 4.29 to a high of 321.00. The Hardware industry median PB Ratio is 2.42. Elsight's value of 20.34 is 740.5% above this industry median. Based on the distribution chart, Elsight ranks #2313 out of 2412 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Elsight has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elsight's PB Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Elsight ranks #2313 out of 2412 companies for PB Ratio. This places Elsight in the lower half of its industry. The industry median PB Ratio is 2.42. Elsight's value of 20.34 is 740.5% above this benchmark. Historically, Elsight's own PB Ratio has ranged from 4.29 to 321.00 over the past decade. While the company's 10-year median is 18.69 vs. the industry median of 2.42, Elsight 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 2.42, based on 2,412 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. Elsight's current PB Ratio of 20.34 is 740.5% 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 Elsight and its competitors. For the Hardware industry, the median PB Ratio is 2.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elsight's current PB Ratio is 20.34, which is near median its own 10-year median of 18.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elsight stock overvalued right now?
Based on GuruFocus' analysis, Elsight (ASX:ELS) is currently considered Modestly Overvalued. The stock's GF Value™ is A$5.49, compared to a current price of A$7.10 — trading 29.3% above its estimated fair value. The current PB Ratio is 20.34, which is near median its 10-year median of 18.69 and 740.5% above the Hardware industry median of 2.42. Elsight'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 Elsight (ASX:ELS), the current PB Ratio is 20.34 as of Jun. 25, 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 Elsight (ASX:ELS) Overvalued in 2026?
Based on GuruFocus' analysis, Elsight stock appears to be overvalued.
The current stock price of A$7.10 is trading 29.3% above its estimated GF Value™ of A$5.49.
GuruFocus considers Elsight to be Modestly Overvalued.
Key valuation signals for ASX:ELS:
PB Ratio: 20.34 (near median its 10-year median of 18.69)
GF Value™: A$5.49 vs. price of A$7.10 (29.3% above fair value)
Industry Position: 740.5% above the Hardware median (#2313 of 2412)
No single metric tells the full story. See the ASX:ELS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elsight Ltd development and commercialisation of the Halo platform for mission-critical applications across defence, homeland security (HLS), and uncrewed systems markets. Providing proprietary software and hardware technology solutions enabling reliable connection confidence for unmanned aerial and ground systems, including drones, robots, and other uncrewed systems. Products include Halo for the Military, Halo for HLS/Public Safety, Halo for Commercial Use, AllSight Management Platform, and HeatSight. Serves Agriculture, Construction and Surveying, Firefighting, First Responders, Mining, Military & Defense, Oil & Gas, Electric & Water Utilities, and Deliveries. Operates in Europe with maximum revenue, Israel, United States of America, and Other foreign countries.
74GF Score
Get the complete analysis for ASX:ELS
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:ELS has been successfully added to your 
