Constellation Software (MEX:CSUN) PB Ratio: 9.83 (As of Jun. 24, 2026) — 60% Below Median


MEX:CSUN Constellation Software Inc MEX:CSUN
65 GF Score
Price MXN32,500.00
GF Value MXN67,444.26
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Constellation Software PB Ratio?

Constellation Software MEX:CSUN -3.94% 65 PB Ratio is 9.83 as of Jun. 24, 2026, which is 60% below its 10-year median of 24.32. GuruFocus rates MEX:CSUN with a GF Score™ of 65/100 and a GF Value™ of MXN67,444.26 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,624 Software companies, Constellation Software ranks worse than 91.62% 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 (2026-06-24), Constellation Software's share price is MXN32500.00. Constellation Software's Book Value per Share for the quarter that ended in Mar. 2026 was MXN3,304.97. Hence, Constellation Software's PB Ratio of today is 9.83.

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

MEX:CSUN' s PB Ratio Range Over the Past 10 Years
Min: 9.13   Med: 24.32   Max: 42.01
Current: 10.66

During the past 13 years, Constellation Software's highest PB Ratio was 42.01. The lowest was 9.13. And the median was 24.32.

MEX:CSUN's PB Ratio is ranked worse than
91.62% of 2624 companies
in the Software industry
Industry Median: 2.37 vs MEX:CSUN: 10.66

During the past 12 months, Constellation Software's average Book Value Per Share Growth Rate was 21.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 28.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 32.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 25.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Constellation Software was 43.20% per year. The lowest was 4.50% per year. And the median was 25.20% per year.

Back to Basics: PB Ratio


Constellation Software  (MEX:CSUN) 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.


Constellation Software PB Ratio Related Terms


Constellation Software PB Ratio Historical Data

* Premium members only.

The historical data trend for Constellation Software'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.

Constellation Software PB Ratio Chart

Constellation Software 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 0.00 0.00 0.00 23.23 14.29

Constellation Software Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 21.72 23.33 19.31 14.29 10.06

MEX:CSUN vs CRM, SHOP, UBER: PB Ratio Comparison

For the Software - Application subindustry, Constellation Software'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.


Constellation Software PB Ratio vs Software Industry

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

* The bar in red indicates where Constellation Software's PB Ratio falls into.


MEX:CSUN
65GF Score
Constellation Software Inc MEX:CSUN
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Constellation Software 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.

Constellation Software's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=32500.00/3304.974
=9.83

* 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 9.83 mean?
Constellation Software (MEX:CSUN) has a PB Ratio of 9.83 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Constellation Software and its competitors. This is 60% below median its historical median of 24.32. Over the past decade, Constellation Software's PB Ratio has ranged from 9.13 to 42.01. According to the industry distribution chart, Constellation Software ranks #2404 out of 2624 companies in the Software industry, placing it in the top 91.6%.
Is Constellation Software's PB Ratio too high?
Constellation Software's current PB Ratio of 9.83 is 60% below median its 10-year median of 24.32. Over the past 10 years, this metric has ranged from a low of 9.13 to a high of 42.01. The Software industry median PB Ratio is 2.37. Constellation Software's value of 9.83 is 314.8% above this industry median. Based on the distribution chart, Constellation Software ranks #2404 out of 2624 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Constellation Software has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Constellation Software's PB Ratio compare to CRM and SHOP?
According to the Software industry distribution chart, Constellation Software ranks #2404 out of 2624 companies for PB Ratio. This places Constellation Software in the lower half of its industry. The industry median PB Ratio is 2.37. Constellation Software's value of 9.83 is 314.8% above this benchmark. Historically, Constellation Software's own PB Ratio has ranged from 9.13 to 42.01 over the past decade. While the company's 10-year median is 24.32 vs. the industry median of 2.37, Constellation Software 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 2.37, 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. Constellation Software's current PB Ratio of 9.83 is 314.8% 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 Constellation Software and its competitors. For the Software industry, the median PB Ratio is 2.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Constellation Software's current PB Ratio is 9.83, which is 60% below median its own 10-year median of 24.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Constellation Software stock overvalued right now?
Based on GuruFocus' analysis, Constellation Software (MEX:CSUN) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN67,444.26, compared to a current price of MXN32,500.00 — trading 51.8% below its estimated fair value. The current PB Ratio is 9.83, which is 60% below median its 10-year median of 24.32 and 314.8% above the Software industry median of 2.37. Constellation Software's overall GF Score™ is 65/100 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 Constellation Software (MEX:CSUN), the current PB Ratio is 9.83 as of Jun. 24, 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 Constellation Software (MEX:CSUN) Overvalued in 2026?

Based on GuruFocus' analysis, Constellation Software stock appears to be undervalued. The current stock price of MXN32,500.00 is trading 51.8% below its estimated GF Value™ of MXN67,444.26. GuruFocus considers Constellation Software to be Significantly Undervalued.

Key valuation signals for MEX:CSUN:

  • PB Ratio: 9.83 (60% below median its 10-year median of 24.32)
  • GF Value™: MXN67,444.26 vs. price of MXN32,500.00 (51.8% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 314.8% above the Software median (#2404 of 2624)

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


Constellation Software Business Description

Address 66 Wellington Street West, Suite 5300, Td Bank Tower, Toronto, ON, CAN, M5K 1E6
Constellation Software is an acquirer, manager, and developer of vertical market software, or VMS, businesses globally. VMS differentiates from horizontal software in that it provides mission critical solutions within a specific industry for customers in a particular market. Constellation operates through a decentralized model in which each business operates as its own independent entity. Managers of individual businesses are incentivized to optimize their business for returns on invested capital and revenue growth. Excess cash generated by the individual businesses is repatriated to portfolio managers who focus on allocating as much capital as possible on new acquisitions. As of 2026, Constellation consisted of over 1,000 individual businesses.
65GF Score

Get the complete analysis for MEX:CSUN

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

MXN32,500.00
Price
MXN67,444.26
GF Value