MISTRAS GroupMG -0.42%61 PB Ratio is 2.56 as of Jun. 25, 2026, which is 75% above its 10-year median of 1.46. GuruFocus rates MG with a GF Score™ of 61/100 and a GF Value™ of $8.89 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,049 Business Services companies, MISTRAS Group ranks worse than 69.4% 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 (2026-06-25), MISTRAS Group's share price is $18.78. MISTRAS Group's Book Value per Share for the quarter that ended in Mar. 2026 was $7.33. Hence, MISTRAS Group's PB Ratio of today is 2.56.
Warning Sign:
MISTRAS Group Inc stock PB Ratio (=2.57) is close to 10-year high of 2.68.
The historical rank and industry rank for MISTRAS Group's PB Ratio or its related term are showing as below:
MG'
s PB Ratio Range Over the Past 10 Years
Min: 0.38 Med: 1.46 Max: 2.68
Current: 2.56
During the past 13 years, MISTRAS Group's highest PB Ratio was 2.68. The lowest was 0.38. And the median was 1.46.
MG's PB Ratio is ranked worse than 69.4% of 1049
companies
in the Business Services industry
Industry Median: 1.61
vs MG: 2.56
During the past 12 months, MISTRAS Group's average Book Value Per Share Growth Rate was 15.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 0.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -4.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of MISTRAS Group was 15.10% per year. The lowest was -12.40% per year. And the median was 3.60% 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.
MISTRAS Group PB Ratio Related Terms
MISTRAS Group PB Ratio Historical Data
* Premium members only.
The historical data trend for MISTRAS 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.
For the Security & Protection Services subindustry, MISTRAS 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.
MISTRAS Group PB Ratio vs Business Services Industry
For the Business Services industry and Industrials sector, MISTRAS Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where MISTRAS Group'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.
MISTRAS Group'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.
MISTRAS Group (MG) has a PB Ratio of 2.56 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on MISTRAS Group and its competitors. This is 75% above median its historical median of 1.46. Over the past decade, MISTRAS Group's PB Ratio has ranged from 0.38 to 2.68. According to the industry distribution chart, MISTRAS Group ranks #728 out of 1049 companies in the Business Services industry, placing it in the top 69.4%.
Is MISTRAS Group's PB Ratio too high?
MISTRAS Group's current PB Ratio of 2.56 is 75% above median its 10-year median of 1.46. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 2.68. The Business Services industry median PB Ratio is 1.61. MISTRAS Group's value of 2.56 is 59% above this industry median. Based on the distribution chart, MISTRAS Group ranks #728 out of 1049 companies in the Business Services industry, which is below the industry midpoint. Overall, MISTRAS Group has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MISTRAS Group's PB Ratio compare to CIX and NL?
According to the Business Services industry distribution chart, MISTRAS Group ranks #728 out of 1049 companies for PB Ratio. This places MISTRAS Group in the lower half of its industry. The industry median PB Ratio is 1.61. MISTRAS Group's value of 2.56 is 59% above this benchmark. Historically, MISTRAS Group's own PB Ratio has ranged from 0.38 to 2.68 over the past decade. While the company's 10-year median is 1.46 vs. the industry median of 1.61, MISTRAS Group 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 1.61, 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. MISTRAS Group's current PB Ratio of 2.56 is 59% 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 MISTRAS Group and its competitors. For the Business Services industry, the median PB Ratio is 1.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MISTRAS Group's current PB Ratio is 2.56, which is 75% above median its own 10-year median of 1.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MISTRAS Group stock overvalued right now?
Based on GuruFocus' analysis, MISTRAS Group (MG) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.89, compared to a current price of $18.78 — trading 111.2% above its estimated fair value. The current PB Ratio is 2.56, which is 75% above median its 10-year median of 1.46 and 59% above the Business Services industry median of 1.61. MISTRAS Group's overall GF Score™ is 61/100 with 7 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 MISTRAS Group (MG), the current PB Ratio is 2.56 as of Jun. 25, 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 MISTRAS Group (MG) Overvalued in 2026?
Based on GuruFocus' analysis, MISTRAS Group stock appears to be overvalued.
The current stock price of $18.78 is trading 111.2% above its estimated GF Value™ of $8.89.
GuruFocus considers MISTRAS Group to be Significantly Overvalued.
Key valuation signals for MG:
PB Ratio: 2.56 (75% above median its 10-year median of 1.46)
GF Value™: $8.89 vs. price of $18.78 (111.2% above fair value)
Industry Position: 59% above the Business Services median (#728 of 1049)
No single metric tells the full story. See the MG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MISTRAS Group Inc provides asset protection solutions and systems. The company evaluates the structural integrity and reliability of critical energy, industrial, and public infrastructure. The company's three operating segments are North America, International, and Products and Systems, of which key revenue is derived from the North America segment. The North America segment provides asset protection solutions, including NDT, inspection, and mechanical and engineering services, along with software, digital, and data services.
61GF Score
Get the complete analysis for MG
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MG has been successfully added to your 
