London Security (LSE:LSC) PB Ratio: 2.43 (As of Jun. 27, 2026) — Near Median


LSE:LSC London Security PLC LSE:LSC
88 GF Score
Price £34.00
GF Value £39.10
Valuation Modestly Undervalued
! 3 Warning Signs
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What is London Security PB Ratio?

London Security LSE:LSC 88 PB Ratio is 2.43 as of Jun. 27, 2026, which is 2% below its 10-year median of 2.49. GuruFocus rates LSE:LSC with a GF Score™ of 88/100 and a GF Value™ of £39.10 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,049 Business Services companies, London Security ranks worse than 67.02% 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 (2026-06-27), London Security's share price is £34.00. London Security's Book Value per Share for the quarter that ended in Dec. 2025 was £14.00. Hence, London Security's PB Ratio of today is 2.43.

The historical rank and industry rank for London Security's PB Ratio or its related term are showing as below:

LSE:LSC' s PB Ratio Range Over the Past 10 Years
Min: 1.64   Med: 2.49   Max: 3.54
Current: 2.43

During the past 13 years, London Security's highest PB Ratio was 3.54. The lowest was 1.64. And the median was 2.49.

LSE:LSC's PB Ratio is ranked worse than
67.02% of 1049 companies
in the Business Services industry
Industry Median: 1.62 vs LSE:LSC: 2.43

During the past 12 months, London Security's average Book Value Per Share Growth Rate was 10.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of London Security was 312.60% per year. The lowest was -86.60% per year. And the median was 8.20% per year.

Back to Basics: PB Ratio


London Security  (LSE:LSC) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


London Security PB Ratio Related Terms


London Security PB Ratio Historical Data

* Premium members only.

The historical data trend for London Security'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.

London Security PB Ratio Chart

London Security Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.45 2.40 2.46 2.69 1.96

London Security Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.46 2.42 2.69 2.76 1.96

LSE:LSC vs ALLE, MSA, ADT: PB Ratio Comparison

For the Security & Protection Services subindustry, London Security'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.


London Security PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, London Security's PB Ratio distribution charts can be found below:

* The bar in red indicates where London Security's PB Ratio falls into.


LSE:LSC
88GF Score
London Security PLC LSE:LSC
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

London Security PB Ratio Calculation

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.

London Security's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=34.00/13.997
=2.43

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 2.43 mean?
London Security (LSE:LSC) has a PB Ratio of 2.43 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on London Security and its competitors. This is near median its historical median of 2.49. Over the past decade, London Security's PB Ratio has ranged from 1.64 to 3.54. According to the industry distribution chart, London Security ranks #703 out of 1049 companies in the Business Services industry, placing it in the top 67%.
Is London Security's PB Ratio too high?
London Security's current PB Ratio of 2.43 is near median its 10-year median of 2.49. Over the past 10 years, this metric has ranged from a low of 1.64 to a high of 3.54. The Business Services industry median PB Ratio is 1.62. London Security's value of 2.43 is 50% above this industry median. Based on the distribution chart, London Security ranks #703 out of 1049 companies in the Business Services industry, which is below the industry midpoint. Overall, London Security has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does London Security's PB Ratio compare to ALLE and MSA?
According to the Business Services industry distribution chart, London Security ranks #703 out of 1049 companies for PB Ratio. This places London Security in the lower half of its industry. The industry median PB Ratio is 1.62. London Security's value of 2.43 is 50% above this benchmark. Historically, London Security's own PB Ratio has ranged from 1.64 to 3.54 over the past decade. While the company's 10-year median is 2.49 vs. the industry median of 1.62, London Security 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 Business Services company?
The median PB Ratio among Business Services companies is 1.62, based on 1,049 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. London Security's current PB Ratio of 2.43 is 50% 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 London Security and its competitors. For the Business Services industry, the median PB Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. London Security's current PB Ratio is 2.43, which is near median its own 10-year median of 2.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is London Security stock overvalued right now?
Based on GuruFocus' analysis, London Security (LSE:LSC) is currently considered Modestly Undervalued. The stock's GF Value™ is £39.10, compared to a current price of £34.00 — trading 13% below its estimated fair value. The current PB Ratio is 2.43, which is near median its 10-year median of 2.49 and 50% above the Business Services industry median of 1.62. London Security's overall GF Score™ is 88/100 with 3 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 London Security (LSE:LSC), the current PB Ratio is 2.43 as of Jun. 27, 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 London Security (LSE:LSC) Overvalued in 2026?

Based on GuruFocus' analysis, London Security stock appears to be undervalued. The current stock price of £34.00 is trading 13% below its estimated GF Value™ of £39.10. GuruFocus considers London Security to be Modestly Undervalued.

Key valuation signals for LSE:LSC:

  • PB Ratio: 2.43 (near median its 10-year median of 2.49)
  • GF Value™: £39.10 vs. price of £34.00 (13% below fair value)
  • GF Score™: 88/100 with 3 warning signs
  • Industry Position: 50% above the Business Services median (#703 of 1049)

No single metric tells the full story. See the LSE:LSC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


London Security Business Description

Address 2 Jubilee Way, Premier House, Elland, West Yorkshire, GBR, HX5 9DY
London Security PLC is an investment holding company that provides fire protection services and products. The business activity of the group functions through the United Kingdom, Belgium, the Netherlands, Austria, and the Rest of Europe. It derives revenue from the Outright sale of equipment, Maintenance, service, installation, and Equipment rental activity. The company's products are marketed under the Nu-Swift, Ansul, Total, and Master brands. The group operates in a single segment, which is the provision and maintenance of fire protection and security equipment in Europe.
88GF Score

Get the complete analysis for LSE:LSC

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£34.00
Price
£39.10
GF Value