Convergenze SpAMIL:CVG -3.23%83 PB Ratio is 1.60 as of Jun. 24, 2026, which is 37% below its 10-year median of 2.52. GuruFocus rates MIL:CVG with a GF Score™ of 83/100 and a GF Value™ of €1.96 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 342 Telecommunication Services companies, Convergenze SpA ranks better than 53.51% 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), Convergenze SpA's share price is €1.50. Convergenze SpA's Book Value per Share for the quarter that ended in Dec. 2025 was €0.94. Hence, Convergenze SpA's PB Ratio of today is 1.60.
Good Sign:
Convergenze SpA stock PB Ratio (=1.68) is close to 10-year low of 1.52.
The historical rank and industry rank for Convergenze SpA's PB Ratio or its related term are showing as below:
MIL:CVG'
s PB Ratio Range Over the Past 10 Years
Min: 1.52 Med: 2.52 Max: 5.05
Current: 1.63
During the past 8 years, Convergenze SpA's highest PB Ratio was 5.05. The lowest was 1.52. And the median was 2.52.
MIL:CVG's PB Ratio is ranked better than 53.51% of 342
companies
in the Telecommunication Services industry
Industry Median: 1.87
vs MIL:CVG: 1.63
During the past 12 months, Convergenze SpA's average Book Value Per Share Growth Rate was 4.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 10.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.00% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Convergenze SpA was 63.10% per year. The lowest was 3.30% per year. And the median was 10.70% 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.
Convergenze SpA PB Ratio Related Terms
Convergenze SpA PB Ratio Historical Data
* Premium members only.
The historical data trend for Convergenze 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 Telecom Services subindustry, Convergenze 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.
Convergenze SpA PB Ratio vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Convergenze SpA's PB Ratio distribution charts can be found below:
* The bar in red indicates where Convergenze 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.
Convergenze 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.
Convergenze SpA (MIL:CVG) has a PB Ratio of 1.60 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 Convergenze SpA and its competitors. This is 37% below median its historical median of 2.52. Over the past decade, Convergenze SpA's PB Ratio has ranged from 1.52 to 5.05. According to the industry distribution chart, Convergenze SpA ranks #159 out of 342 companies in the Telecommunication Services industry, placing it in the top 46.5%.
Is Convergenze SpA's PB Ratio too high?
Convergenze SpA's current PB Ratio of 1.60 is 37% below median its 10-year median of 2.52. Over the past 10 years, this metric has ranged from a low of 1.52 to a high of 5.05. The Telecommunication Services industry median PB Ratio is 1.87. Convergenze SpA's value of 1.60 is 14.4% below this industry median. Based on the distribution chart, Convergenze SpA ranks #159 out of 342 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Convergenze SpA has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Convergenze SpA's PB Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Convergenze SpA ranks #159 out of 342 companies for PB Ratio. This puts Convergenze SpA in the upper half of its industry. The industry median PB Ratio is 1.87. Convergenze SpA's value of 1.60 is 14.4% below this benchmark. Historically, Convergenze SpA's own PB Ratio has ranged from 1.52 to 5.05 over the past decade. While the company's 10-year median is 2.52 vs. the industry median of 1.87, Convergenze 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 Telecommunication Services company?
The median PB Ratio among Telecommunication Services companies is 1.87, based on 342 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. Convergenze SpA's current PB Ratio of 1.60 is 14.4% 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 Convergenze SpA and its competitors. For the Telecommunication Services industry, the median PB Ratio is 1.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Convergenze SpA's current PB Ratio is 1.60, which is 37% below median its own 10-year median of 2.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Convergenze SpA stock overvalued right now?
Based on GuruFocus' analysis, Convergenze SpA (MIL:CVG) is currently considered Modestly Undervalued. The stock's GF Value™ is €1.96, compared to a current price of €1.50 — trading 23.5% below its estimated fair value. The current PB Ratio is 1.60, which is 37% below median its 10-year median of 2.52 and 14.4% below the Telecommunication Services industry median of 1.87. Convergenze SpA's overall GF Score™ is 83/100 with 2 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 Convergenze SpA (MIL:CVG), the current PB Ratio is 1.60 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 Convergenze SpA (MIL:CVG) Overvalued in 2026?
Based on GuruFocus' analysis, Convergenze SpA stock appears to be undervalued.
The current stock price of €1.50 is trading 23.5% below its estimated GF Value™ of €1.96.
GuruFocus considers Convergenze SpA to be Modestly Undervalued.
Key valuation signals for MIL:CVG:
PB Ratio: 1.60 (37% below median its 10-year median of 2.52)
GF Value™: €1.96 vs. price of €1.50 (23.5% below fair value)
Industry Position: 14.4% below the Telecommunication Services median (#159 of 342)
No single metric tells the full story. See the MIL:CVG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Convergenze SpA is engaged in providing telecommunication services. The company offers wireless internet services, mobile calling and data services, television subscription services, voice call services, and other related services.
83GF Score
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