FonixLSE:FNX 78 PB Ratio is 13.50 as of Jun. 26, 2026, which is 43% below its 10-year median of 23.67. GuruFocus rates LSE:FNX with a GF Score™ of 78/100 and a GF Value™ of £2.47 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,624 Software companies, Fonix ranks worse than 93.6% 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 (2026-06-26), Fonix's share price is £1.485. Fonix's Book Value per Share for the quarter that ended in Dec. 2025 was £0.11. Hence, Fonix's PB Ratio of today is 13.50.
Good Sign:
Fonix PLC stock PB Ratio (=13.64) is close to 10-year low of 13.64.
The historical rank and industry rank for Fonix's PB Ratio or its related term are showing as below:
LSE:FNX'
s PB Ratio Range Over the Past 10 Years
Min: 13.5 Med: 23.67 Max: 75.21
Current: 13.5
During the past 8 years, Fonix's highest PB Ratio was 75.21. The lowest was 13.50. And the median was 23.67.
LSE:FNX's PB Ratio is ranked worse than 93.6% of 2624
companies
in the Software industry
Industry Median: 2.32
vs LSE:FNX: 13.50
During the past 12 months, Fonix's average Book Value Per Share Growth Rate was -2.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 10.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 32.30% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Fonix was 57.60% per year. The lowest was 10.80% per year. And the median was 27.60% 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.
Fonix PB Ratio Related Terms
Fonix PB Ratio Historical Data
* Premium members only.
The historical data trend for Fonix'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 - Infrastructure subindustry, Fonix'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.
Fonix PB Ratio vs Software Industry
For the Software industry and Technology sector, Fonix's PB Ratio distribution charts can be found below:
* The bar in red indicates where Fonix'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.
Fonix'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.
Fonix (LSE:FNX) has a PB Ratio of 13.50 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Fonix and its competitors. This is 43% below median its historical median of 23.67. Over the past decade, Fonix's PB Ratio has ranged from 13.50 to 75.21. According to the industry distribution chart, Fonix ranks #2456 out of 2624 companies in the Software industry, placing it in the top 93.6%.
Is Fonix's PB Ratio too high?
Fonix's current PB Ratio of 13.50 is 43% below median its 10-year median of 23.67. Over the past 10 years, this metric has ranged from a low of 13.50 to a high of 75.21. The Software industry median PB Ratio is 2.32. Fonix's value of 13.50 is 481.9% above this industry median. Based on the distribution chart, Fonix ranks #2456 out of 2624 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Fonix has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fonix's PB Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, Fonix ranks #2456 out of 2624 companies for PB Ratio. This places Fonix in the lower half of its industry. The industry median PB Ratio is 2.32. Fonix's value of 13.50 is 481.9% above this benchmark. Historically, Fonix's own PB Ratio has ranged from 13.50 to 75.21 over the past decade. While the company's 10-year median is 23.67 vs. the industry median of 2.32, Fonix 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 2.32, based on 2,624 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. Fonix's current PB Ratio of 13.50 is 481.9% 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 Fonix and its competitors. For the Software industry, the median PB Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fonix's current PB Ratio is 13.50, which is 43% below median its own 10-year median of 23.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fonix stock overvalued right now?
Based on GuruFocus' analysis, Fonix (LSE:FNX) is currently considered Significantly Undervalued. The stock's GF Value™ is £2.47, compared to a current price of £1.49 — trading 39.9% below its estimated fair value. The current PB Ratio is 13.50, which is 43% below median its 10-year median of 23.67 and 481.9% above the Software industry median of 2.32. Fonix's overall GF Score™ is 78/100 with 2 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 Fonix (LSE:FNX), the current PB Ratio is 13.50 as of Jun. 26, 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 Fonix (LSE:FNX) Overvalued in 2026?
Based on GuruFocus' analysis, Fonix stock appears to be undervalued.
The current stock price of £1.49 is trading 39.9% below its estimated GF Value™ of £2.47.
GuruFocus considers Fonix to be Significantly Undervalued.
Key valuation signals for LSE:FNX:
PB Ratio: 13.50 (43% below median its 10-year median of 23.67)
GF Value™: £2.47 vs. price of £1.49 (39.9% below fair value)
Industry Position: 481.9% above the Software median (#2456 of 2624)
No single metric tells the full story. See the LSE:FNX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fonix PLC is a provider of mobile payments and customer engagement solutions for businesses across media, charity, gaming, e-mobility, and other digital services. This technology enables consumers to pay and interact directly through their mobile devices using simple, familiar channels. It operates under one operating segment, which is the facilitating of mobile payments and messaging. It derives the majority of its revenue through commission or facilitation fees by providing Mobile Payments services. Geographically, it derives maximum revenue from the United Kingdom and the rest from other parts of Europe.
78GF Score
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