Technos (BSP:TECN3) PB Ratio: 1.34 (As of Jul. 25, 2026) — 116% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:TECN3 Technos SA BSP:TECN3
75 GF Score
Price R$9.81
GF Value R$7.85
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Technos PB Ratio?

Technos BSP:TECN3 -1.90% 75 PB Ratio is 1.34 as of Jul. 25, 2026, which is 116% above its 10-year median of 0.62. GuruFocus rates BSP:TECN3 with a GF Score™ of 75/100 and a GF Value™ of R$7.85 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,082 Retail - Cyclical companies, Technos ranks better than 51.76% 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 (2026-07-25), Technos's share price is R$9.81. Technos's Book Value per Share for the quarter that ended in Mar. 2026 was R$7.31. Hence, Technos's PB Ratio of today is 1.34.

Warning Sign:

Technos SA stock PB Ratio (=1.39) is close to 10-year high of 1.39.

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

BSP:TECN3' s PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.62   Max: 1.39
Current: 1.34

During the past 13 years, Technos's highest PB Ratio was 1.39. The lowest was 0.24. And the median was 0.62.

BSP:TECN3's PB Ratio is ranked better than
51.76% of 1082 companies
in the Retail - Cyclical industry
Industry Median: 1.445 vs BSP:TECN3: 1.34

During the past 12 months, Technos's average Book Value Per Share Growth Rate was 12.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 12.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Technos was 48.50% per year. The lowest was -11.30% per year. And the median was 3.60% per year.

Back to Basics: PB Ratio


Technos  (BSP:TECN3) 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.


Technos PB Ratio Related Terms


Technos PB Ratio Historical Data

* Premium members only.

The historical data trend for Technos'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.

Technos PB Ratio Chart

Technos Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.43 0.60 0.85 1.03

Technos Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.88 1.04 0.94 1.03 1.22

BSP:TECN3 vs TPR: PB Ratio Comparison

For the Luxury Goods subindustry, Technos'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.


Technos PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Technos's PB Ratio distribution charts can be found below:

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


BSP:TECN3
75GF Score
Technos SA BSP:TECN3
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Technos 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.

Technos's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=9.81/7.308
=1.34

* 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 1.34 mean?
Technos (BSP:TECN3) has a PB Ratio of 1.34 as of Jul. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Technos and its competitors. This is 116% above median its historical median of 0.62. Over the past decade, Technos' PB Ratio has ranged from 0.24 to 1.39. According to the industry distribution chart, Technos ranks #522 out of 1082 companies in the Retail - Cyclical industry, placing it in the top 48.2%.
Is Technos' PB Ratio too high?
Technos' current PB Ratio of 1.34 is 116% above median its 10-year median of 0.62. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 1.39. The Retail - Cyclical industry median PB Ratio is 1.45. Technos' value of 1.34 is 7.3% below this industry median. Based on the distribution chart, Technos ranks #522 out of 1082 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Technos has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Technos' PB Ratio compare to TPR?
According to the Retail - Cyclical industry distribution chart, Technos ranks #522 out of 1082 companies for PB Ratio. This puts Technos in the upper half of its industry. The industry median PB Ratio is 1.45. Technos' value of 1.34 is 7.3% below this benchmark. Historically, Technos' own PB Ratio has ranged from 0.24 to 1.39 over the past decade. While the company's 10-year median is 0.62 vs. the industry median of 1.45, Technos 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 Retail - Cyclical company?
The median PB Ratio among Retail - Cyclical companies is 1.45, based on 1,082 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. Technos's current PB Ratio of 1.34 is 7.3% 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 Technos and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Technos's current PB Ratio is 1.34, which is 116% above median its own 10-year median of 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technos stock overvalued right now?
Based on GuruFocus' analysis, Technos (BSP:TECN3) is currently considered Modestly Overvalued. The stock's GF Value™ is R$7.85, compared to a current price of R$9.81 — trading 25% above its estimated fair value. The current PB Ratio is 1.34, which is 116% above median its 10-year median of 0.62 and 7.3% below the Retail - Cyclical industry median of 1.45. Technos' overall GF Score™ is 75/100 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 Technos (BSP:TECN3), the current PB Ratio is 1.34 as of Jul. 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 Technos (BSP:TECN3) Overvalued in 2026?

Based on GuruFocus' analysis, Technos stock appears to be overvalued. The current stock price of R$9.81 is trading 25% above its estimated GF Value™ of R$7.85. GuruFocus considers Technos to be Modestly Overvalued.

Key valuation signals for BSP:TECN3:

  • PB Ratio: 1.34 (116% above median its 10-year median of 0.62)
  • GF Value™: R$7.85 vs. price of R$9.81 (25% above fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 7.3% below the Retail - Cyclical median (#522 of 1082)

No single metric tells the full story. See the BSP:TECN3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Technos Business Description

Address Avenida das Americas No. 3443, Room 101, Block 4, Barra da Tijuca, Rio de Janeiro, RJ, BRA, 22631003
Technos SA is primarily engaged in the manufacture and marketing of watches. The company produces and sells watches to middle class under brand name Technos, Mormii and Seiko. It acquired the rights to distribute and use the Timex brand exclusively throughout the national territory. In addition, the company also distribute brand name called Allora and Touch in the fashion segment. It derives most of its revenues from the sale of the watches and yarn and has operations spread across Brazil.
75GF Score

Get the complete analysis for BSP:TECN3

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

R$9.81
Price
R$7.85
GF Value