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Tieto OyjFRA:TTEB -1.95%70 PB Ratio is 1.87 as of Jul. 21, 2026, which is 7% below its 10-year median of 2.00. GuruFocus rates FRA:TTEB with a GF Score™ of 70/100 and a GF Value™ of €14.13 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,636 Software companies, Tieto Oyj ranks better than 59.71% 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 (2026-07-21), Tieto Oyj's share price is €17.13. Tieto Oyj's Book Value per Share for the quarter that ended in Mar. 2026 was €9.16. Hence, Tieto Oyj's PB Ratio of today is 1.87.
The historical rank and industry rank for Tieto Oyj's PB Ratio or its related term are showing as below:
FRA:TTEB'
s PB Ratio Range Over the Past 10 Years
Min: 1.27 Med: 2 Max: 5.68
Current: 1.93
During the past 13 years, Tieto Oyj's highest PB Ratio was 5.68. The lowest was 1.27. And the median was 2.00.
FRA:TTEB's PB Ratio is ranked better than 59.71% of 2636
companies
in the Software industry
Industry Median: 2.37
vs FRA:TTEB: 1.93
During the past 12 months, Tieto Oyj's average Book Value Per Share Growth Rate was -1.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -14.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -8.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 7.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tieto Oyj was 33.00% per year. The lowest was -14.30% per year. And the median was 0.50% 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.
Tieto Oyj PB Ratio Related Terms
Tieto Oyj PB Ratio Historical Data
* Premium members only.
The historical data trend for Tieto Oyj'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 Information Technology Services subindustry, Tieto Oyj'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.
Tieto Oyj PB Ratio vs Software Industry
For the Software industry and Technology sector, Tieto Oyj's PB Ratio distribution charts can be found below:
* The bar in red indicates where Tieto Oyj'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.
Tieto Oyj'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.
Tieto Oyj (FRA:TTEB) has a PB Ratio of 1.87 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tieto Oyj and its competitors. This is near median its historical median of 2.00. Over the past decade, Tieto Oyj's PB Ratio has ranged from 1.27 to 5.68. According to the industry distribution chart, Tieto Oyj ranks #1062 out of 2636 companies in the Software industry, placing it in the top 40.3%.
Is Tieto Oyj's PB Ratio too high?
Tieto Oyj's current PB Ratio of 1.87 is near median its 10-year median of 2.00. Over the past 10 years, this metric has ranged from a low of 1.27 to a high of 5.68. The Software industry median PB Ratio is 2.37. Tieto Oyj's value of 1.87 is 21.1% below this industry median. Based on the distribution chart, Tieto Oyj ranks #1062 out of 2636 companies in the Software industry, which is above the industry midpoint. Overall, Tieto Oyj has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tieto Oyj's PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Tieto Oyj ranks #1062 out of 2636 companies for PB Ratio. This puts Tieto Oyj in the upper half of its industry. The industry median PB Ratio is 2.37. Tieto Oyj's value of 1.87 is 21.1% below this benchmark. Historically, Tieto Oyj's own PB Ratio has ranged from 1.27 to 5.68 over the past decade. While the company's 10-year median is 2.00 vs. the industry median of 2.37, Tieto Oyj 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 2.37, based on 2,636 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. Tieto Oyj's current PB Ratio of 1.87 is 21.1% 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 Tieto Oyj and its competitors. For the Software industry, the median PB Ratio is 2.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tieto Oyj's current PB Ratio is 1.87, which is near median its own 10-year median of 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tieto Oyj stock overvalued right now?
Based on GuruFocus' analysis, Tieto Oyj (FRA:TTEB) is currently considered Modestly Overvalued. The stock's GF Value™ is €14.13, compared to a current price of €17.13 — trading 21.2% above its estimated fair value. The current PB Ratio is 1.87, which is near median its 10-year median of 2.00 and 21.1% below the Software industry median of 2.37. Tieto Oyj's overall GF Score™ is 70/100 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 Tieto Oyj (FRA:TTEB), the current PB Ratio is 1.87 as of Jul. 21, 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 Tieto Oyj (FRA:TTEB) Overvalued in 2026?
Based on GuruFocus' analysis, Tieto Oyj stock appears to be overvalued.
The current stock price of €17.13 is trading 21.2% above its estimated GF Value™ of €14.13.
GuruFocus considers Tieto Oyj to be Modestly Overvalued.
Key valuation signals for FRA:TTEB:
PB Ratio: 1.87 (near median its 10-year median of 2.00)
GF Value™: €14.13 vs. price of €17.13 (21.2% above fair value)
Industry Position: 21.1% below the Software median (#1062 of 2636)
No single metric tells the full story. See the FRA:TTEB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tieto Oyj is a software and technology consulting company. The company provides software and digital engineering services to customers across multiple industries. Its operations include specialized software businesses such as Tieto Caretech, Tieto Banktech, and Tieto Indtech, as well as a technology consulting business. The company offers services in areas including software development, design, cloud, and artificial intelligence.
70GF Score
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