Seeing MachinesLSE:SEE -1.35% PB Ratio is 14.67 as of Jun. 26, 2026, which is 254% above its 10-year median of 4.14. The stock has 6 warning signs investors should review. Among 2,624 Software companies, Seeing Machines ranks worse than 94.44% 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), Seeing Machines's share price is £0.044. Seeing Machines's Book Value per Share for the quarter that ended in Dec. 2025 was £0.00. Hence, Seeing Machines's PB Ratio of today is 14.67.
Warning Sign:
Seeing Machines Ltd stock PB Ratio (=16.05) is close to 10-year high of 16.05.
The historical rank and industry rank for Seeing Machines's PB Ratio or its related term are showing as below:
LSE:SEE'
s PB Ratio Range Over the Past 10 Years
Min: 1.21 Med: 4.14 Max: 16.05
Current: 14.67
During the past 13 years, Seeing Machines's highest PB Ratio was 16.05. The lowest was 1.21. And the median was 4.14.
LSE:SEE's PB Ratio is ranked worse than 94.44% of 2624
companies
in the Software industry
Industry Median: 2.32
vs LSE:SEE: 14.67
During the past 12 months, Seeing Machines's average Book Value Per Share Growth Rate was -62.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -20.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -5.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -7.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Seeing Machines was 95.70% per year. The lowest was -34.10% per year. And the median was -9.10% 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.
Seeing Machines PB Ratio Related Terms
Seeing Machines PB Ratio Historical Data
* Premium members only.
The historical data trend for Seeing Machines'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, Seeing Machines'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.
Seeing Machines PB Ratio vs Software Industry
For the Software industry and Technology sector, Seeing Machines's PB Ratio distribution charts can be found below:
* The bar in red indicates where Seeing Machines'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.
Seeing Machines'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.
Seeing Machines (LSE:SEE) has a PB Ratio of 14.67 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 Seeing Machines and its competitors. This is 254% above median its historical median of 4.14. Over the past decade, Seeing Machines' PB Ratio has ranged from 1.21 to 16.05. According to the industry distribution chart, Seeing Machines ranks #2478 out of 2624 companies in the Software industry, placing it in the top 94.4%.
Is Seeing Machines' PB Ratio too high?
Seeing Machines' current PB Ratio of 14.67 is 254% above median its 10-year median of 4.14. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 16.05. The Software industry median PB Ratio is 2.32. Seeing Machines' value of 14.67 is 532.3% above this industry median. Based on the distribution chart, Seeing Machines ranks #2478 out of 2624 companies in the Software industry, which is in the bottom quartile relative to peers.
How does Seeing Machines' PB Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, Seeing Machines ranks #2478 out of 2624 companies for PB Ratio. This places Seeing Machines in the lower half of its industry. The industry median PB Ratio is 2.32. Seeing Machines' value of 14.67 is 532.3% above this benchmark. Historically, Seeing Machines' own PB Ratio has ranged from 1.21 to 16.05 over the past decade. While the company's 10-year median is 4.14 vs. the industry median of 2.32, Seeing Machines 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. Seeing Machines's current PB Ratio of 14.67 is 532.3% 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 Seeing Machines 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. Seeing Machines's current PB Ratio is 14.67, which is 254% above median its own 10-year median of 4.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seeing Machines stock overvalued right now?
Based on GuruFocus' analysis, Seeing Machines (LSE:SEE) is currently considered Possible Value Trap. The stock's GF Value™ is £0.07, compared to a current price of £0.04 — trading 37.1% below its estimated fair value. The current PB Ratio is 14.67, which is 254% above median its 10-year median of 4.14 and 532.3% above the Software industry median of 2.32. 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 Seeing Machines (LSE:SEE), the current PB Ratio is 14.67 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.
Seeing Machines Ltd develops, sells, and licenses products and technology to detect and manage driver fatigue and distraction, partnering for product development, manufacturing, and sales in key markets. It operates two segments: the OEM segment, covering automotive and aviation business units that generate license-based royalties and non-recurring engineering services via Tier 1 customers; and the Aftermarket segment, comprising Fleet and Off-Road units that retrofit technology into commercial vehicles through direct and indirect customers. The Company operates in Australia, North America, Asia-Pacific (excluding Australia), Europe, and other regions, with the majority of revenue coming from Europe.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LSE:SEE has been successfully added to your 