Ariston Holding NV (MIL:ARIS) PB Ratio: 0.88 (As of Jul. 02, 2026) — 59% Below Median


MIL:ARIS Ariston Holding NV MIL:ARIS
67 GF Score
Price €3.62
GF Value €5.51
Valuation Possible Value Trap
! 5 Warning Signs
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What is Ariston Holding NV PB Ratio?

Ariston Holding NV MIL:ARIS +0.84% 67 PB Ratio is 0.88 as of Jul. 02, 2026, which is 59% below its 10-year median of 2.14. GuruFocus rates MIL:ARIS with a GF Score™ of 67/100 and a GF Value™ of €5.51 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,716 Construction companies, Ariston Holding NV ranks better than 66.2% 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 (2026-07-02), Ariston Holding NV's share price is €3.62. Ariston Holding NV's Book Value per Share for the quarter that ended in Dec. 2025 was €4.12. Hence, Ariston Holding NV's PB Ratio of today is 0.88.

Good Sign:

Ariston Holding NV stock PB Ratio (=0.86) is close to 5-year low of 0.78.

The historical rank and industry rank for Ariston Holding NV's PB Ratio or its related term are showing as below:

MIL:ARIS' s PB Ratio Range Over the Past 10 Years
Min: 0.78   Med: 2.14   Max: 6.35
Current: 0.89

During the past 9 years, Ariston Holding NV's highest PB Ratio was 6.35. The lowest was 0.78. And the median was 2.14.

MIL:ARIS's PB Ratio is ranked better than
66.2% of 1716 companies
in the Construction industry
Industry Median: 1.325 vs MIL:ARIS: 0.89

During the past 12 months, Ariston Holding NV's average Book Value Per Share Growth Rate was 6.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 22.00% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Ariston Holding NV was 44.10% per year. The lowest was 1.50% per year. And the median was 18.50% per year.

Back to Basics: PB Ratio


Ariston Holding NV  (MIL:ARIS) 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.


Ariston Holding NV PB Ratio Related Terms


Ariston Holding NV PB Ratio Historical Data

* Premium members only.

The historical data trend for Ariston Holding NV'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.

Ariston Holding NV PB Ratio Chart

Ariston Holding NV Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only 3.80 3.15 1.54 0.89 1.08

Ariston Holding NV Quarterly Data
Dec17 Dec18 Dec19 Dec20 Sep21 Dec21 Jun22 Dec22 Jun23 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 0.00 1.08 0.00 1.08 0.00

MIL:ARIS vs TT, JCI, CARR: PB Ratio Comparison

For the Building Products & Equipment subindustry, Ariston Holding NV'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.


Ariston Holding NV PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Ariston Holding NV's PB Ratio distribution charts can be found below:

* The bar in red indicates where Ariston Holding NV's PB Ratio falls into.


MIL:ARIS
67GF Score
Ariston Holding NV MIL:ARIS
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ariston Holding NV 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.

Ariston Holding NV's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=3.62/4.12
=0.88

* 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 0.88 mean?
Ariston Holding NV (MIL:ARIS) has a PB Ratio of 0.88 as of Jul. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Ariston Holding NV and its competitors. This is 59% below median its historical median of 2.14. Over the past decade, Ariston Holding NV's PB Ratio has ranged from 0.78 to 6.35. According to the industry distribution chart, Ariston Holding NV ranks #580 out of 1716 companies in the Construction industry, placing it in the top 33.8%.
Is Ariston Holding NV's PB Ratio too high?
Ariston Holding NV's current PB Ratio of 0.88 is 59% below median its 10-year median of 2.14. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 6.35. The Construction industry median PB Ratio is 1.33. Ariston Holding NV's value of 0.88 is 33.6% below this industry median. Based on the distribution chart, Ariston Holding NV ranks #580 out of 1716 companies in the Construction industry, which is above the industry midpoint. Overall, Ariston Holding NV has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ariston Holding NV's PB Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Ariston Holding NV ranks #580 out of 1716 companies for PB Ratio. This puts Ariston Holding NV in the upper half of its industry. The industry median PB Ratio is 1.33. Ariston Holding NV's value of 0.88 is 33.6% below this benchmark. Historically, Ariston Holding NV's own PB Ratio has ranged from 0.78 to 6.35 over the past decade. While the company's 10-year median is 2.14 vs. the industry median of 1.33, Ariston Holding NV 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 Construction company?
The median PB Ratio among Construction companies is 1.33, based on 1,716 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. Ariston Holding NV's current PB Ratio of 0.88 is 33.6% 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 Ariston Holding NV and its competitors. For the Construction industry, the median PB Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ariston Holding NV's current PB Ratio is 0.88, which is 59% below median its own 10-year median of 2.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ariston Holding NV stock overvalued right now?
Based on GuruFocus' analysis, Ariston Holding NV (MIL:ARIS) is currently considered Possible Value Trap. The stock's GF Value™ is €5.51, compared to a current price of €3.62 — trading 34.3% below its estimated fair value. The current PB Ratio is 0.88, which is 59% below median its 10-year median of 2.14 and 33.6% below the Construction industry median of 1.33. Ariston Holding NV's overall GF Score™ is 67/100 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 Ariston Holding NV (MIL:ARIS), the current PB Ratio is 0.88 as of Jul. 02, 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 Ariston Holding NV (MIL:ARIS) Overvalued in 2026?

Based on GuruFocus' analysis, Ariston Holding NV stock appears to be undervalued. The current stock price of €3.62 is trading 34.3% below its estimated GF Value™ of €5.51. GuruFocus considers Ariston Holding NV to be Possible Value Trap.

Key valuation signals for MIL:ARIS:

  • PB Ratio: 0.88 (59% below median its 10-year median of 2.14)
  • GF Value™: €5.51 vs. price of €3.62 (34.3% below fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 33.6% below the Construction median (#580 of 1716)

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


Ariston Holding NV Business Description

Address Via Broletto 44, Milano, ITA, 20121
Ariston Holding NV is an Italian-based company that produces heating systems and related products. It develops, manufactures, and markets renewable hot water solutions. The company brands include Ariston, Wolf, Elco, Racold, and Calorex. The company's business division includes Thermal Comfort (TC), Air Treatments, Burners (BUR), and Components (COM). Geographically, the company generates revenue from the Netherlands (country of domicile), Germany, Italy, Switzerland, and Other countries. The company generates the majority of its revenue from the Thermal Comfort business division.
67GF Score

Get the complete analysis for MIL:ARIS

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

€3.62
Price
€5.51
GF Value