Extreme NetworksEXTR +2.49%68 PB Ratio is 53.31 as of Jun. 28, 2026, which is 160% above its 10-year median of 20.53. GuruFocus rates EXTR with a GF Score™ of 68/100 and a GF Value™ of $18.28 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,417 Hardware companies, Extreme Networks ranks worse than 99.3% 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 (2026-06-28), Extreme Networks's share price is $31.77. Extreme Networks's Book Value per Share for the quarter that ended in Mar. 2026 was $0.60. Hence, Extreme Networks's PB Ratio of today is 53.31.
Warning Sign:
Extreme Networks Inc stock PB Ratio (=53.31) is close to 1-year high of 53.31.
The historical rank and industry rank for Extreme Networks's PB Ratio or its related term are showing as below:
EXTR'
s PB Ratio Range Over the Past 10 Years
Min: 4.02 Med: 20.53 Max: 110.89
Current: 53.31
During the past 13 years, Extreme Networks's highest PB Ratio was 110.89. The lowest was 4.02. And the median was 20.53.
EXTR's PB Ratio is ranked worse than 99.3% of 2417
companies
in the Hardware industry
Industry Median: 2.35
vs EXTR: 53.31
During the past 12 months, Extreme Networks's average Book Value Per Share Growth Rate was 10.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -10.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 32.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -10.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Extreme Networks was 210.30% per year. The lowest was -65.90% per year. And the median was -4.40% 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.
Extreme Networks PB Ratio Related Terms
Extreme Networks PB Ratio Historical Data
* Premium members only.
The historical data trend for Extreme Networks'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, Extreme Networks'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.
Extreme Networks PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Extreme Networks's PB Ratio distribution charts can be found below:
* The bar in red indicates where Extreme Networks'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.
Extreme Networks (EXTR) has a PB Ratio of 53.31 as of Jun. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Extreme Networks and its competitors. This is 160% above median its historical median of 20.53. Over the past decade, Extreme Networks' PB Ratio has ranged from 4.02 to 110.89. According to the industry distribution chart, Extreme Networks ranks #2400 out of 2417 companies in the Hardware industry, placing it in the top 99.3%.
Is Extreme Networks' PB Ratio too high?
Extreme Networks' current PB Ratio of 53.31 is 160% above median its 10-year median of 20.53. Over the past 10 years, this metric has ranged from a low of 4.02 to a high of 110.89. The Hardware industry median PB Ratio is 2.35. Extreme Networks' value of 53.31 is 2168.5% above this industry median. Based on the distribution chart, Extreme Networks ranks #2400 out of 2417 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Extreme Networks has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Extreme Networks' PB Ratio compare to BDC and VISN?
According to the Hardware industry distribution chart, Extreme Networks ranks #2400 out of 2417 companies for PB Ratio. This places Extreme Networks in the lower half of its industry. The industry median PB Ratio is 2.35. Extreme Networks' value of 53.31 is 2168.5% above this benchmark. Historically, Extreme Networks' own PB Ratio has ranged from 4.02 to 110.89 over the past decade. While the company's 10-year median is 20.53 vs. the industry median of 2.35, Extreme Networks 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 2.35, based on 2,417 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. Extreme Networks's current PB Ratio of 53.31 is 2168.5% 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 Extreme Networks and its competitors. For the Hardware industry, the median PB Ratio is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Extreme Networks's current PB Ratio is 53.31, which is 160% above median its own 10-year median of 20.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Extreme Networks stock overvalued right now?
Based on GuruFocus' analysis, Extreme Networks (EXTR) is currently considered Significantly Overvalued. The stock's GF Value™ is $18.28, compared to a current price of $31.77 — trading 73.8% above its estimated fair value. The current PB Ratio is 53.31, which is 160% above median its 10-year median of 20.53 and 2168.5% above the Hardware industry median of 2.35. Extreme Networks' overall GF Score™ is 68/100 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 Extreme Networks (EXTR), the current PB Ratio is 53.31 as of Jun. 28, 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 Extreme Networks (EXTR) Overvalued in 2026?
Based on GuruFocus' analysis, Extreme Networks stock appears to be overvalued.
The current stock price of $31.77 is trading 73.8% above its estimated GF Value™ of $18.28.
GuruFocus considers Extreme Networks to be Significantly Overvalued.
Key valuation signals for EXTR:
PB Ratio: 53.31 (160% above median its 10-year median of 20.53)
GF Value™: $18.28 vs. price of $31.77 (73.8% above fair value)
Industry Position: 2168.5% above the Hardware median (#2400 of 2417)
No single metric tells the full story. See the EXTR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Extreme Networks Inc provides AI-powered cloud networking, focused on delivering simple and secure solutions that help businesses address challenges and enable connections among devices, applications, and users. The group designs, develops, and manufactures wired, wireless, and software-defined wide area network (SD-WAN) infrastructure equipment. It has one reportable segment, the development, marketing, and sale of network infrastructure equipment and related software. The Company operates in three geographical areas: Americas, EMEA, and APAC.
68GF Score
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