SSH Communications Security Oyj (LTS:0MKQ) PB Ratio: 5.85 (As of Jul. 16, 2026) — 53% Below Median

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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LTS:0MKQ SSH Communications Security Oyj LTS:0MKQ
73 GF Score
Price €2.04
GF Value €1.27
Valuation Significantly Overvalued
! 3 Warning Signs
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What is SSH Communications Security Oyj PB Ratio?

SSH Communications Security Oyj LTS:0MKQ -0.61% 73 PB Ratio is 5.85 as of Jul. 16, 2026, which is 53% below its 10-year median of 12.42. GuruFocus rates LTS:0MKQ with a GF Score™ of 73/100 and a GF Value™ of €1.27 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,629 Software companies, SSH Communications Security Oyj ranks worse than 81.32% 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 (2026-07-16), SSH Communications Security Oyj's share price is €2.04. SSH Communications Security Oyj's Book Value per Share for the quarter that ended in Dec. 2025 was €0.35. Hence, SSH Communications Security Oyj's PB Ratio of today is 5.85.

Good Sign:

SSH Communications Security Oyj stock PB Ratio (=5.86) is close to 5-year low of 5.73.

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

LTS:0MKQ' s PB Ratio Range Over the Past 10 Years
Min: 2.48   Med: 12.42   Max: 173.1
Current: 6.29

During the past 13 years, SSH Communications Security Oyj's highest PB Ratio was 173.10. The lowest was 2.48. And the median was 12.42.

LTS:0MKQ's PB Ratio is ranked worse than
81.32% of 2629 companies
in the Software industry
Industry Median: 2.42 vs LTS:0MKQ: 6.29

During the past 12 months, SSH Communications Security Oyj's average Book Value Per Share Growth Rate was 523.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 39.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -2.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -11.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of SSH Communications Security Oyj was 108.80% per year. The lowest was -61.90% per year. And the median was -14.60% per year.

Back to Basics: PB Ratio


SSH Communications Security Oyj  (LTS:0MKQ) 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.


SSH Communications Security Oyj PB Ratio Related Terms


SSH Communications Security Oyj PB Ratio Historical Data

* Premium members only.

The historical data trend for SSH Communications Security Oyj'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.

SSH Communications Security Oyj PB Ratio Chart

SSH Communications Security Oyj 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 17.11 13.90 23.91 19.46 9.08

SSH Communications Security Oyj Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 23.91 35.00 19.46 35.34 9.08

LTS:0MKQ vs MSFT, ORCL, PLTR: PB Ratio Comparison

For the Software - Infrastructure subindustry, SSH Communications Security Oyj'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.


SSH Communications Security Oyj PB Ratio vs Software Industry

For the Software industry and Technology sector, SSH Communications Security Oyj's PB Ratio distribution charts can be found below:

* The bar in red indicates where SSH Communications Security Oyj's PB Ratio falls into.


LTS:0MKQ
73GF Score
SSH Communications Security Oyj LTS:0MKQ
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SSH Communications Security Oyj 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.

SSH Communications Security Oyj's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=2.04/0.349
=5.85

* 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 5.85 mean?
SSH Communications Security Oyj (LTS:0MKQ) has a PB Ratio of 5.85 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on SSH Communications Security Oyj and its competitors. This is 53% below median its historical median of 12.42. Over the past decade, SSH Communications Security Oyj's PB Ratio has ranged from 2.48 to 173.10. According to the industry distribution chart, SSH Communications Security Oyj ranks #2138 out of 2629 companies in the Software industry, placing it in the top 81.3%.
Is SSH Communications Security Oyj's PB Ratio too high?
SSH Communications Security Oyj's current PB Ratio of 5.85 is 53% below median its 10-year median of 12.42. Over the past 10 years, this metric has ranged from a low of 2.48 to a high of 173.10. The Software industry median PB Ratio is 2.42. SSH Communications Security Oyj's value of 5.85 is 141.7% above this industry median. Based on the distribution chart, SSH Communications Security Oyj ranks #2138 out of 2629 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, SSH Communications Security Oyj has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SSH Communications Security Oyj's PB Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, SSH Communications Security Oyj ranks #2138 out of 2629 companies for PB Ratio. This places SSH Communications Security Oyj in the lower half of its industry. The industry median PB Ratio is 2.42. SSH Communications Security Oyj's value of 5.85 is 141.7% above this benchmark. Historically, SSH Communications Security Oyj's own PB Ratio has ranged from 2.48 to 173.10 over the past decade. While the company's 10-year median is 12.42 vs. the industry median of 2.42, SSH Communications Security Oyj 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 2.42, based on 2,629 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. SSH Communications Security Oyj's current PB Ratio of 5.85 is 141.7% 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 SSH Communications Security Oyj and its competitors. For the Software industry, the median PB Ratio is 2.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SSH Communications Security Oyj's current PB Ratio is 5.85, which is 53% below median its own 10-year median of 12.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SSH Communications Security Oyj stock overvalued right now?
Based on GuruFocus' analysis, SSH Communications Security Oyj (LTS:0MKQ) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.27, compared to a current price of €2.04 — trading 60.6% above its estimated fair value. The current PB Ratio is 5.85, which is 53% below median its 10-year median of 12.42 and 141.7% above the Software industry median of 2.42. SSH Communications Security Oyj's overall GF Score™ is 73/100 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 SSH Communications Security Oyj (LTS:0MKQ), the current PB Ratio is 5.85 as of Jul. 16, 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 SSH Communications Security Oyj (LTS:0MKQ) Overvalued in 2026?

Based on GuruFocus' analysis, SSH Communications Security Oyj stock appears to be overvalued. The current stock price of €2.04 is trading 60.6% above its estimated GF Value™ of €1.27. GuruFocus considers SSH Communications Security Oyj to be Significantly Overvalued.

Key valuation signals for LTS:0MKQ:

  • PB Ratio: 5.85 (53% below median its 10-year median of 12.42)
  • GF Value™: €1.27 vs. price of €2.04 (60.6% above fair value)
  • GF Score™: 73/100 with 3 warning signs
  • Industry Position: 141.7% above the Software median (#2138 of 2629)

No single metric tells the full story. See the LTS:0MKQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SSH Communications Security Oyj Business Description

Other Exchanges SSH1V:FinlandXXH:Germany
Address Karvaamokuja 2B, Helsinki, FIN, 00380
SSH Communications Security Oyj is a provider of enterprise cybersecurity solutions that monitor, control, and automate trusted access to critical data. The company secures communications and access for and between humans, systems, and networks. The company provides software and professional services. The company products consist of Secure Mail, PrivX Hybrid PAM, Tectia SSH, and others. Geographically, the company provides its services to America, APAC, Europe, the Middle East and Africa (EMEA), and Finland. The company serves to customers from Finance, Retail, Industrial, Critical Infrastructure, Healthcare, and Government sectors.
73GF Score

Get the complete analysis for LTS:0MKQ

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

€2.04
Price
€1.27
GF Value