El.En. SpAELEAF 74 PB Ratio is 3.07 as of Jun. 25, 2026, which is 23% above its 10-year median of 2.50. GuruFocus rates ELEAF with a GF Score™ of 74/100 and a GF Value™ of $15.64 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 788 Medical Devices & Instruments companies, El.En. SpA ranks worse than 67.64% 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), El.En. SpA's share price is $18.50. El.En. SpA's Book Value per Share for the quarter that ended in Mar. 2026 was $6.02. Hence, El.En. SpA's PB Ratio of today is 3.07.
Warning Sign:
El.En. SpA stock PB Ratio (=3.31) is close to 3-year high of 3.31.
The historical rank and industry rank for El.En. SpA's PB Ratio or its related term are showing as below:
ELEAF'
s PB Ratio Range Over the Past 10 Years
Min: 1.22 Med: 2.5 Max: 4.84
Current: 3.31
During the past 13 years, El.En. SpA's highest PB Ratio was 4.84. The lowest was 1.22. And the median was 2.50.
ELEAF's PB Ratio is ranked worse than 67.64% of 788
companies
in the Medical Devices & Instruments industry
Industry Median: 2.045
vs ELEAF: 3.31
During the past 12 months, El.En. SpA's average Book Value Per Share Growth Rate was 7.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 9.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 12.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 9.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of El.En. SpA was 59.10% per year. The lowest was -9.80% per year. And the median was 10.00% 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.
El.En. SpA PB Ratio Related Terms
El.En. SpA PB Ratio Historical Data
* Premium members only.
The historical data trend for El.En. SpA'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 Medical Devices subindustry, El.En. SpA'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.
El.En. SpA PB Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, El.En. SpA's PB Ratio distribution charts can be found below:
* The bar in red indicates where El.En. SpA'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.
El.En. SpA'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.
El.En. SpA (ELEAF) has a PB Ratio of 3.07 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 El.En. SpA and its competitors. This is 23% above median its historical median of 2.50. Over the past decade, El.En. SpA's PB Ratio has ranged from 1.22 to 4.84. According to the industry distribution chart, El.En. SpA ranks #533 out of 788 companies in the Medical Devices & Instruments industry, placing it in the top 67.6%.
Is El.En. SpA's PB Ratio too high?
El.En. SpA's current PB Ratio of 3.07 is 23% above median its 10-year median of 2.50. Over the past 10 years, this metric has ranged from a low of 1.22 to a high of 4.84. The Medical Devices & Instruments industry median PB Ratio is 2.05. El.En. SpA's value of 3.07 is 50.1% above this industry median. Based on the distribution chart, El.En. SpA ranks #533 out of 788 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, El.En. SpA has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does El.En. SpA's PB Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, El.En. SpA ranks #533 out of 788 companies for PB Ratio. This places El.En. SpA in the lower half of its industry. The industry median PB Ratio is 2.05. El.En. SpA's value of 3.07 is 50.1% above this benchmark. Historically, El.En. SpA's own PB Ratio has ranged from 1.22 to 4.84 over the past decade. While the company's 10-year median is 2.50 vs. the industry median of 2.05, El.En. SpA 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 Medical Devices & Instruments company?
The median PB Ratio among Medical Devices & Instruments companies is 2.05, based on 788 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. El.En. SpA's current PB Ratio of 3.07 is 50.1% 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 El.En. SpA and its competitors. For the Medical Devices & Instruments industry, the median PB Ratio is 2.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. El.En. SpA's current PB Ratio is 3.07, which is 23% above median its own 10-year median of 2.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is El.En. SpA stock overvalued right now?
Based on GuruFocus' analysis, El.En. SpA (ELEAF) is currently considered Modestly Overvalued. The stock's GF Value™ is $15.64, compared to a current price of $18.50 — trading 18.3% above its estimated fair value. The current PB Ratio is 3.07, which is 23% above median its 10-year median of 2.50 and 50.1% above the Medical Devices & Instruments industry median of 2.05. El.En. SpA's overall GF Score™ is 74/100 with 6 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 El.En. SpA (ELEAF), the current PB Ratio is 3.07 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 El.En. SpA (ELEAF) Overvalued in 2026?
Based on GuruFocus' analysis, El.En. SpA stock appears to be overvalued.
The current stock price of $18.50 is trading 18.3% above its estimated GF Value™ of $15.64.
GuruFocus considers El.En. SpA to be Modestly Overvalued.
Key valuation signals for ELEAF:
PB Ratio: 3.07 (23% above median its 10-year median of 2.50)
GF Value™: $15.64 vs. price of $18.50 (18.3% above fair value)
Industry Position: 50.1% above the Medical Devices & Instruments median (#533 of 788)
No single metric tells the full story. See the ELEAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
El.En. SpA is engaged in the research and development, manufacturing, distribution, and sales of laser systems. The company operates in two divisions: medical and industrial. In the medical division, the application of laser is used as a healing treatment for aesthetic, surgical, physiotherapy and dental. Industrial division develops solutions for laser material processing applications through cutting, marking, laser sources and restoration. The company generates the majority of its revenue from the medical division. Geographically, it derives maximum revenue from the Rest of the World.
74GF Score
Get the complete analysis for ELEAF
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
ELEAF has been successfully added to your 
