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Binect AGFRA:MA10 68 PB Ratio is 0.62 as of Aug. 05, 2026, which is 27% below its 10-year median of 0.85. GuruFocus rates FRA:MA10 with a GF Score™ of 68/100 and a GF Value™ of €2.97 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 2,632 Software companies, Binect AG ranks better than 91.68% 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 (2026-08-05), Binect AG's share price is €1.72. Binect AG's Book Value per Share for the quarter that ended in Dec. 2025 was €2.79. Hence, Binect AG's PB Ratio of today is 0.62.
Warning Sign:
Binect AG stock PB Ratio (=0.59) is close to 1-year high of 0.65.
The historical rank and industry rank for Binect AG's PB Ratio or its related term are showing as below:
FRA:MA10'
s PB Ratio Range Over the Past 10 Years
Min: 0.3 Med: 0.85 Max: 2.28
Current: 0.6
During the past 13 years, Binect AG's highest PB Ratio was 2.28. The lowest was 0.30. And the median was 0.85.
FRA:MA10's PB Ratio is ranked better than 91.68% of 2632
companies
in the Software industry
Industry Median: 2.46
vs FRA:MA10: 0.60
During the past 12 months, Binect AG's average Book Value Per Share Growth Rate was 1.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 1.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -13.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Binect AG was 6.20% per year. The lowest was -39.60% per year. And the median was -2.95% 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.
Binect AG PB Ratio Related Terms
Binect AG PB Ratio Historical Data
* Premium members only.
The historical data trend for Binect AG'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, Binect AG'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.
Binect AG PB Ratio vs Software Industry
For the Software industry and Technology sector, Binect AG's PB Ratio distribution charts can be found below:
* The bar in red indicates where Binect AG'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.
Binect AG'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.
Binect AG (FRA:MA10) has a PB Ratio of 0.62 as of Aug. 05, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Binect AG and its competitors. This is 27% below median its historical median of 0.85. Over the past decade, Binect AG's PB Ratio has ranged from 0.30 to 2.28. According to the industry distribution chart, Binect AG ranks #219 out of 2632 companies in the Software industry, placing it in the top 8.3%.
Is Binect AG's PB Ratio too high?
Binect AG's current PB Ratio of 0.62 is 27% below median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 2.28. The Software industry median PB Ratio is 2.46. Binect AG's value of 0.62 is 74.8% below this industry median. Based on the distribution chart, Binect AG ranks #219 out of 2632 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Binect AG has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Binect AG's PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Binect AG ranks #219 out of 2632 companies for PB Ratio. This places Binect AG in the top 8% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.46. Binect AG's value of 0.62 is 74.8% below this benchmark. Historically, Binect AG's own PB Ratio has ranged from 0.30 to 2.28 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 2.46, Binect AG 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 Software company?
The median PB Ratio among Software companies is 2.46, based on 2,632 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. Binect AG's current PB Ratio of 0.62 is 74.8% 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 Binect AG and its competitors. For the Software industry, the median PB Ratio is 2.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Binect AG's current PB Ratio is 0.62, which is 27% below median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Binect AG stock overvalued right now?
Based on GuruFocus' analysis, Binect AG (FRA:MA10) is currently considered Significantly Undervalued. The stock's GF Value™ is €2.97, compared to a current price of €1.72 — trading 42.1% below its estimated fair value. The current PB Ratio is 0.62, which is 27% below median its 10-year median of 0.85 and 74.8% below the Software industry median of 2.46. Binect AG's overall GF Score™ is 68/100 with 7 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 Binect AG (FRA:MA10), the current PB Ratio is 0.62 as of Aug. 05, 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 Binect AG (FRA:MA10) Overvalued in 2026?
Based on GuruFocus' analysis, Binect AG stock appears to be undervalued.
The current stock price of €1.72 is trading 42.1% below its estimated GF Value™ of €2.97.
GuruFocus considers Binect AG to be Significantly Undervalued.
Key valuation signals for FRA:MA10:
PB Ratio: 0.62 (27% below median its 10-year median of 0.85)
GF Value™: €2.97 vs. price of €1.72 (42.1% below fair value)
Industry Position: 74.8% below the Software median (#219 of 2632)
No single metric tells the full story. See the FRA:MA10 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Binect AG is a German management holding company. Along with its subsidiaries, it is engaged in the digitization of document-based business communication. The group digitizes all processes of document incoming and outgoing communication, such as contracts and invoices, with its solutions and the Binect ONE platform. Binect is also focused on venturing into the field of Intelligent Document Processing (IDP), which involves, among other things, using self-learning software components to process document content and transform it into digitally usable and processable data. The group develops and integrates its digital modules and solutions for medium-sized businesses, government agencies, and other institutions.
68GF Score
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