AA Tech SpAMIL:AAT +0.99%21 PB Ratio is 1.55 as of Jun. 27, 2026, which is 17% above its 10-year median of 1.33. GuruFocus rates MIL:AAT with a GF Score™ of 21/100 and a GF Value™ of €4.02 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,624 Software companies, AA Tech SpA ranks better than 68.37% 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 (2026-06-27), AA Tech SpA's share price is €1.02. AA Tech SpA's Book Value per Share for the quarter that ended in Dec. 2025 was €0.66. Hence, AA Tech SpA's PB Ratio of today is 1.55.
Warning Sign:
AA Tech SpA stock PB Ratio (=1.52) is close to 1-year high of 1.52.
The historical rank and industry rank for AA Tech SpA's PB Ratio or its related term are showing as below:
MIL:AAT'
s PB Ratio Range Over the Past 10 Years
Min: 0.69 Med: 1.33 Max: 3.16
Current: 1.52
During the past 5 years, AA Tech SpA's highest PB Ratio was 3.16. The lowest was 0.69. And the median was 1.33.
MIL:AAT's PB Ratio is ranked better than 68.37% of 2624
companies
in the Software industry
Industry Median: 2.32
vs MIL:AAT: 1.52
During the past 12 months, AA Tech SpA's average Book Value Per Share Growth Rate was -14.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.20% per year.
During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of AA Tech SpA was 14.40% per year. The lowest was 5.20% per year. And the median was 9.80% 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.
AA Tech SpA PB Ratio Related Terms
AA Tech SpA PB Ratio Historical Data
* Premium members only.
The historical data trend for AA Tech SpA'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, AA Tech SpA'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.
AA Tech SpA PB Ratio vs Software Industry
For the Software industry and Technology sector, AA Tech SpA's PB Ratio distribution charts can be found below:
* The bar in red indicates where AA Tech SpA'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.
AA Tech SpA'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.
AA Tech SpA (MIL:AAT) has a PB Ratio of 1.55 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on AA Tech SpA and its competitors. This is 17% above median its historical median of 1.33. Over the past decade, AA Tech SpA's PB Ratio has ranged from 0.69 to 3.16. According to the industry distribution chart, AA Tech SpA ranks #830 out of 2624 companies in the Software industry, placing it in the top 31.6%.
Is AA Tech SpA's PB Ratio too high?
AA Tech SpA's current PB Ratio of 1.55 is 17% above median its 10-year median of 1.33. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 3.16. The Software industry median PB Ratio is 2.32. AA Tech SpA's value of 1.55 is 33.2% below this industry median. Based on the distribution chart, AA Tech SpA ranks #830 out of 2624 companies in the Software industry, which is above the industry midpoint. Overall, AA Tech SpA has a GF Score™ of 21/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AA Tech SpA's PB Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, AA Tech SpA ranks #830 out of 2624 companies for PB Ratio. This puts AA Tech SpA in the upper half of its industry. The industry median PB Ratio is 2.32. AA Tech SpA's value of 1.55 is 33.2% below this benchmark. Historically, AA Tech SpA's own PB Ratio has ranged from 0.69 to 3.16 over the past decade. While the company's 10-year median is 1.33 vs. the industry median of 2.32, AA Tech SpA 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 2.32, 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. AA Tech SpA's current PB Ratio of 1.55 is 33.2% 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 AA Tech SpA 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. AA Tech SpA's current PB Ratio is 1.55, which is 17% above median its own 10-year median of 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AA Tech SpA stock overvalued right now?
Based on GuruFocus' analysis, AA Tech SpA (MIL:AAT) is currently considered Possible Value Trap. The stock's GF Value™ is €4.02, compared to a current price of €1.02 — trading 74.6% below its estimated fair value. The current PB Ratio is 1.55, which is 17% above median its 10-year median of 1.33 and 33.2% below the Software industry median of 2.32. AA Tech SpA's overall GF Score™ is 21/100 with 5 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 AA Tech SpA (MIL:AAT), the current PB Ratio is 1.55 as of Jun. 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.
Is AA Tech SpA (MIL:AAT) Overvalued in 2026?
Based on GuruFocus' analysis, AA Tech SpA stock appears to be undervalued.
The current stock price of €1.02 is trading 74.6% below its estimated GF Value™ of €4.02.
GuruFocus considers AA Tech SpA to be Possible Value Trap.
Key valuation signals for MIL:AAT:
PB Ratio: 1.55 (17% above median its 10-year median of 1.33)
GF Value™: €4.02 vs. price of €1.02 (74.6% below fair value)
Industry Position: 33.2% below the Software median (#830 of 2624)
No single metric tells the full story. See the MIL:AAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AA Tech SpA is a venture tech builder in the digital sector, with the constant aiming of identifying new technologies in the aforementioned sectors in Italy. In particular, the Company, through a process of continuous innovation, intends to seek solutions that create new opportunities for generating value, with the intention, after their creation and validation, of making these companies autonomous. One of its subsidiaries, Previon a Fintech company that provides open banking services for compulsory and complementary pension funds.
21GF Score
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