Shearwater Group (LSE:SWG) PB Ratio: 0.33 (As of Jul. 27, 2026) — 31% Below Median

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LSE:SWG Shearwater Group PLC LSE:SWG
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What is Shearwater Group PB Ratio?

Shearwater Group LSE:SWG 40 PB Ratio is 0.33 as of Jul. 27, 2026, which is 31% below its 10-year median of 0.48. GuruFocus rates LSE:SWG with a GF Score™ of 40/100. The stock has 6 warning signs investors should review. Among 2,637 Software companies, Shearwater Group ranks better than 97.08% 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 (2026-07-27), Shearwater Group's share price is £0.455. Shearwater Group's Book Value per Share for the quarter that ended in Dec. 2025 was £1.37. Hence, Shearwater Group's PB Ratio of today is 0.33.

Warning Sign:

Shearwater Group PLC stock PB Ratio (=0.33) is close to 3-year high of 0.34.

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

LSE:SWG' s PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.48   Max: 2.7
Current: 0.33

During the past 13 years, Shearwater Group's highest PB Ratio was 2.70. The lowest was 0.15. And the median was 0.48.

LSE:SWG's PB Ratio is ranked better than
97.08% of 2637 companies
in the Software industry
Industry Median: 2.36 vs LSE:SWG: 0.33

During the past 12 months, Shearwater Group's average Book Value Per Share Growth Rate was -28.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -5.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -2.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 14.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shearwater Group was 76.60% per year. The lowest was -73.10% per year. And the median was -4.20% per year.

Back to Basics: PB Ratio


Shearwater Group  (LSE:SWG) 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.


Shearwater Group PB Ratio Related Terms


Shearwater Group PB Ratio Historical Data

* Premium members only.

The historical data trend for Shearwater Group'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.

Shearwater Group PB Ratio Chart

Shearwater Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.89 0.57 0.44 0.25

Shearwater Group Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 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 0.25 0.21 0.26 0.20 0.30

LSE:SWG vs MSFT, ORCL, PLTR: PB Ratio Comparison

For the Software - Infrastructure subindustry, Shearwater Group'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.


Shearwater Group PB Ratio vs Software Industry

For the Software industry and Technology sector, Shearwater Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Shearwater Group's PB Ratio falls into.


LSE:SWG
40GF Score
Shearwater Group PLC LSE:SWG
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shearwater Group 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.

Shearwater Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.455/1.372
=0.33

* 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 0.33 mean?
Shearwater Group (LSE:SWG) has a PB Ratio of 0.33 as of Jul. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shearwater Group and its competitors. This is 31% below median its historical median of 0.48. Over the past decade, Shearwater Group's PB Ratio has ranged from 0.15 to 2.70. According to the industry distribution chart, Shearwater Group ranks #77 out of 2637 companies in the Software industry, placing it in the top 2.9%.
Is Shearwater Group's PB Ratio too high?
Shearwater Group's current PB Ratio of 0.33 is 31% below median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 2.70. The Software industry median PB Ratio is 2.36. Shearwater Group's value of 0.33 is 86% below this industry median. Based on the distribution chart, Shearwater Group ranks #77 out of 2637 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Shearwater Group has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Shearwater Group's PB Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, Shearwater Group ranks #77 out of 2637 companies for PB Ratio. This places Shearwater Group in the top 3% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.36. Shearwater Group's value of 0.33 is 86% below this benchmark. Historically, Shearwater Group's own PB Ratio has ranged from 0.15 to 2.70 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 2.36, Shearwater Group 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 2.36, based on 2,637 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. Shearwater Group's current PB Ratio of 0.33 is 86% 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 Shearwater Group and its competitors. For the Software industry, the median PB Ratio is 2.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shearwater Group's current PB Ratio is 0.33, which is 31% below median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shearwater Group stock overvalued right now?
Shearwater Group (LSE:SWG) has a current PB Ratio of 0.33. The current PB Ratio is 0.33, which is 31% below median its 10-year median of 0.48 and 86% below the Software industry median of 2.36. Shearwater Group's overall GF Score™ is 40/100 with 6 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 Shearwater Group (LSE:SWG), the current PB Ratio is 0.33 as of Jul. 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.

Shearwater Group Business Description

Address 32 Threadneedle Street, London, GBR, EC2R 8AY
Shearwater Group PLC is a UK-based company focused on providing digital resilience solutions. The company delivers cybersecurity, network monitoring technologies, managed security services, Data Loss Prevention, Identity & Access Security, IT Solutions, Penetration Testing & Red Teaming, and other services. Its operating segment includes software and services. The company generates maximum revenue from the Services segment. Its geographical segments include the United Kingdom(UK) and Europe(excluding the UK), North America, and the Rest of the world, of which the majority of the revenue is derived from the UK.
40GF Score

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