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Tick Trading Software AGHAM:TBX0 14 PB Ratio is 2.54 as of Aug. 05, 2026, which is 59% below its 10-year median of 6.27. GuruFocus rates HAM:TBX0 with a GF Score™ of 14/100 and a GF Value™ of €13.10 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,634 Software companies, Tick Trading Software AG ranks worse than 54.75% on this metric.
Tick Trading Software AG stock PB Ratio (=2.7) is close to 10-year low of 2.7.
The historical rank and industry rank for Tick Trading Software AG's PB Ratio or its related term are showing as below:
HAM:TBX0'
s PB Ratio Range Over the Past 10 Years
Min: 2.51 Med: 6.27 Max: 14.23
Current: 2.55
During the past 13 years, Tick Trading Software AG's highest PB Ratio was 14.23. The lowest was 2.51. And the median was 6.27.
HAM:TBX0's PB Ratio is ranked worse than 54.75% of 2634
companies
in the Software industry
Industry Median: 2.45
vs HAM:TBX0: 2.55
During the past 12 months, Tick Trading Software AG's average Book Value Per Share Growth Rate was 12.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -1.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 6.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tick Trading Software AG was 39.20% per year. The lowest was -19.20% per year. And the median was 3.55% 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.
* 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, Tick Trading Software 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.
Tick Trading Software AG PB Ratio vs Software Industry
For the Software industry and Technology sector, Tick Trading Software AG's PB Ratio distribution charts can be found below:
* The bar in red indicates where Tick Trading Software 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.
* 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.
Tick Trading Software AG (HAM:TBX0) has a PB Ratio of 2.54 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 Tick Trading Software AG and its competitors. This is 59% below median its historical median of 6.27. Over the past decade, Tick Trading Software AG's PB Ratio has ranged from 2.51 to 14.23. According to the industry distribution chart, Tick Trading Software AG ranks #1442 out of 2634 companies in the Software industry, placing it in the top 54.7%.
Is Tick Trading Software AG's PB Ratio too high?
Tick Trading Software AG's current PB Ratio of 2.54 is 59% below median its 10-year median of 6.27. Over the past 10 years, this metric has ranged from a low of 2.51 to a high of 14.23. The Software industry median PB Ratio is 2.45. Tick Trading Software AG's value of 2.54 is 3.7% above this industry median. Based on the distribution chart, Tick Trading Software AG ranks #1442 out of 2634 companies in the Software industry, which is below the industry midpoint. Overall, Tick Trading Software AG has a GF Score™ of 14/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tick Trading Software AG's PB Ratio compare to CRM and SHOP?
According to the Software industry distribution chart, Tick Trading Software AG ranks #1442 out of 2634 companies for PB Ratio. This places Tick Trading Software AG in the lower half of its industry. The industry median PB Ratio is 2.45. Tick Trading Software AG's value of 2.54 is 3.7% above this benchmark. Historically, Tick Trading Software AG's own PB Ratio has ranged from 2.51 to 14.23 over the past decade. While the company's 10-year median is 6.27 vs. the industry median of 2.45, Tick Trading Software AG 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 Software company?
The median PB Ratio among Software companies is 2.45, based on 2,634 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. Tick Trading Software AG's current PB Ratio of 2.54 is 3.7% 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 Tick Trading Software AG and its competitors. For the Software industry, the median PB Ratio is 2.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tick Trading Software AG's current PB Ratio is 2.54, which is 59% below median its own 10-year median of 6.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tick Trading Software AG stock overvalued right now?
Based on GuruFocus' analysis, Tick Trading Software AG (HAM:TBX0) is currently considered Possible Value Trap. The stock's GF Value™ is €13.10, compared to a current price of €6.60 — trading 49.6% below its estimated fair value. The current PB Ratio is 2.54, which is 59% below median its 10-year median of 6.27 and 3.7% above the Software industry median of 2.45. Tick Trading Software AG's overall GF Score™ is 14/100 with 5 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 Tick Trading Software AG (HAM:TBX0), the current PB Ratio is 2.54 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 Tick Trading Software AG (HAM:TBX0) Overvalued in 2026?
Based on GuruFocus' analysis, Tick Trading Software AG stock appears to be undervalued.
The current stock price of €6.60 is trading 49.6% below its estimated GF Value™ of €13.10.
GuruFocus considers Tick Trading Software AG to be Possible Value Trap.
Key valuation signals for HAM:TBX0:
PB Ratio: 2.54 (59% below median its 10-year median of 6.27)
GF Value™: €13.10 vs. price of €6.60 (49.6% below fair value)
Industry Position: 3.7% above the Software median (#1442 of 2634)
No single metric tells the full story. See the HAM:TBX0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tick Trading Software AG develops and distributes software packages for professional trading. The company's products are the TBMX Trading Platform, tick-TS Cloud, e-Trading Compliance Monitor, and others. tick Trading Software AG is active in the field of programming IT software; The focus here is on the programming of EDP software in the financial services segment (stock market software, trading software, etc.). In addition, it offers its customers "Software as a Service" housing and hosting of complex server systems for stock exchange trading in combination with its software solutions.
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