Cy4gate SpAMIL:CY4 +1.08%80 PB Ratio is 2.50 as of Jul. 05, 2026, which is 71% above its 10-year median of 1.46. GuruFocus rates MIL:CY4 with a GF Score™ of 80/100 and a GF Value™ of €9.74 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,622 Software companies, Cy4gate SpA ranks worse than 51.49% 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 (2026-07-05), Cy4gate SpA's share price is €9.33. Cy4gate SpA's Book Value per Share for the quarter that ended in Mar. 2026 was €3.73. Hence, Cy4gate SpA's PB Ratio of today is 2.50.
Warning Sign:
Cy4gate SpA stock PB Ratio (=2.5) is close to 5-year high of 2.68.
The historical rank and industry rank for Cy4gate SpA's PB Ratio or its related term are showing as below:
MIL:CY4'
s PB Ratio Range Over the Past 10 Years
Min: 0.84 Med: 1.46 Max: 2.68
Current: 2.5
During the past 8 years, Cy4gate SpA's highest PB Ratio was 2.68. The lowest was 0.84. And the median was 1.46.
MIL:CY4's PB Ratio is ranked worse than 51.49% of 2622
companies
in the Software industry
Industry Median: 2.39
vs MIL:CY4: 2.50
During the past 12 months, Cy4gate SpA's average Book Value Per Share Growth Rate was -7.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -9.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 20.00% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Cy4gate SpA was 146.00% per year. The lowest was -9.10% per year. And the median was 40.80% 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.
Cy4gate SpA PB Ratio Related Terms
Cy4gate SpA PB Ratio Historical Data
* Premium members only.
The historical data trend for Cy4gate 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, Cy4gate 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.
Cy4gate SpA PB Ratio vs Software Industry
For the Software industry and Technology sector, Cy4gate SpA's PB Ratio distribution charts can be found below:
* The bar in red indicates where Cy4gate 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.
Cy4gate 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.
Cy4gate SpA (MIL:CY4) has a PB Ratio of 2.50 as of Jul. 05, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Cy4gate SpA and its competitors. This is 71% above median its historical median of 1.46. Over the past decade, Cy4gate SpA's PB Ratio has ranged from 0.84 to 2.68. According to the industry distribution chart, Cy4gate SpA ranks #1350 out of 2622 companies in the Software industry, placing it in the top 51.5%.
Is Cy4gate SpA's PB Ratio too high?
Cy4gate SpA's current PB Ratio of 2.50 is 71% above median its 10-year median of 1.46. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 2.68. The Software industry median PB Ratio is 2.39. Cy4gate SpA's value of 2.50 is 4.6% above this industry median. Based on the distribution chart, Cy4gate SpA ranks #1350 out of 2622 companies in the Software industry, which is below the industry midpoint. Overall, Cy4gate SpA has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cy4gate SpA's PB Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, Cy4gate SpA ranks #1350 out of 2622 companies for PB Ratio. This places Cy4gate SpA in the lower half of its industry. The industry median PB Ratio is 2.39. Cy4gate SpA's value of 2.50 is 4.6% above this benchmark. Historically, Cy4gate SpA's own PB Ratio has ranged from 0.84 to 2.68 over the past decade. While the company's 10-year median is 1.46 vs. the industry median of 2.39, Cy4gate SpA 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 2.39, based on 2,622 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. Cy4gate SpA's current PB Ratio of 2.50 is 4.6% 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 Cy4gate SpA and its competitors. For the Software industry, the median PB Ratio is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cy4gate SpA's current PB Ratio is 2.50, which is 71% 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 Cy4gate SpA stock overvalued right now?
Based on GuruFocus' analysis, Cy4gate SpA (MIL:CY4) is currently considered Fairly Valued. The stock's GF Value™ is €9.74, compared to a current price of €9.33 — trading 4.2% below its estimated fair value. The current PB Ratio is 2.50, which is 71% above median its 10-year median of 1.46 and 4.6% above the Software industry median of 2.39. Cy4gate SpA's overall GF Score™ is 80/100 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 Cy4gate SpA (MIL:CY4), the current PB Ratio is 2.50 as of Jul. 05, 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 Cy4gate SpA (MIL:CY4) Overvalued in 2026?
Based on GuruFocus' analysis, Cy4gate SpA stock appears to be undervalued.
The current stock price of €9.33 is trading 4.2% below its estimated GF Value™ of €9.74.
GuruFocus considers Cy4gate SpA to be Fairly Valued.
Key valuation signals for MIL:CY4:
PB Ratio: 2.50 (71% above median its 10-year median of 1.46)
GF Value™: €9.74 vs. price of €9.33 (4.2% below fair value)
Industry Position: 4.6% above the Software median (#1350 of 2622)
No single metric tells the full story. See the MIL:CY4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cy4gate SpA is engaged in the design, development and production of technologies, products, systems and services. Its corporate solutions include Cyber Resilience, Education & Training, Corporate Intelligence; and government solutions include Cyber Intelligence & Cyber Security. The company has a single operating segment, that of the development and marketing of cyber intelligence and cyber security products. Geographically it operates in Italy and outside Italy from where it derives the majority of revenue.
80GF Score
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