Destination Italia SpA (MIL:DIT) PB Ratio: 1.69 (As of Jul. 14, 2026) — 26% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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MIL:DIT Destination Italia SpA MIL:DIT
40 GF Score
Price €0.29
GF Value €0.76
Valuation Possible Value Trap
! 5 Warning Signs
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What is Destination Italia SpA PB Ratio?

Destination Italia SpA MIL:DIT +1.75% 40 PB Ratio is 1.69 as of Jul. 14, 2026, which is 26% below its 10-year median of 2.28. GuruFocus rates MIL:DIT with a GF Score™ of 40/100 and a GF Value™ of €0.76 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 795 Travel & Leisure companies, Destination Italia SpA ranks worse than 53.58% 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 (2026-07-14), Destination Italia SpA's share price is €0.29. Destination Italia SpA's Book Value per Share for the quarter that ended in Dec. 2025 was €0.17. Hence, Destination Italia SpA's PB Ratio of today is 1.69.

The historical rank and industry rank for Destination Italia SpA's PB Ratio or its related term are showing as below:

MIL:DIT' s PB Ratio Range Over the Past 10 Years
Min: 1.22   Med: 2.28   Max: 5.6
Current: 1.66

During the past 7 years, Destination Italia SpA's highest PB Ratio was 5.60. The lowest was 1.22. And the median was 2.28.

MIL:DIT's PB Ratio is ranked worse than
53.58% of 795 companies
in the Travel & Leisure industry
Industry Median: 1.5 vs MIL:DIT: 1.66

During the past 12 months, Destination Italia SpA's average Book Value Per Share Growth Rate was -34.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -25.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -17.30% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Destination Italia SpA was 1.20% per year. The lowest was -25.70% per year. And the median was -14.75% per year.

Back to Basics: PB Ratio


Destination Italia SpA  (MIL:DIT) 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.


Destination Italia SpA PB Ratio Related Terms


Destination Italia SpA PB Ratio Historical Data

* Premium members only.

The historical data trend for Destination Italia 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.

Destination Italia SpA PB Ratio Chart

Destination Italia SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 2.68 2.58 2.92 1.95 2.86

Destination Italia SpA Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.92 3.39 1.95 2.13 2.86

MIL:DIT vs BKNG, ABNB, RCL: PB Ratio Comparison

For the Travel Services subindustry, Destination Italia 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.


Destination Italia SpA PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Destination Italia SpA's PB Ratio distribution charts can be found below:

* The bar in red indicates where Destination Italia SpA's PB Ratio falls into.


MIL:DIT
40GF Score
Destination Italia SpA MIL:DIT
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Destination Italia SpA 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.

Destination Italia SpA's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.29/0.172
=1.69

* 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 1.69 mean?
Destination Italia SpA (MIL:DIT) has a PB Ratio of 1.69 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Destination Italia SpA and its competitors. This is 26% below median its historical median of 2.28. Over the past decade, Destination Italia SpA's PB Ratio has ranged from 1.22 to 5.60. According to the industry distribution chart, Destination Italia SpA ranks #426 out of 795 companies in the Travel & Leisure industry, placing it in the top 53.6%.
Is Destination Italia SpA's PB Ratio too high?
Destination Italia SpA's current PB Ratio of 1.69 is 26% below median its 10-year median of 2.28. Over the past 10 years, this metric has ranged from a low of 1.22 to a high of 5.60. The Travel & Leisure industry median PB Ratio is 1.50. Destination Italia SpA's value of 1.69 is 12.7% above this industry median. Based on the distribution chart, Destination Italia SpA ranks #426 out of 795 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Destination Italia SpA has a GF Score™ of 40/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Destination Italia SpA's PB Ratio compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Destination Italia SpA ranks #426 out of 795 companies for PB Ratio. This places Destination Italia SpA in the lower half of its industry. The industry median PB Ratio is 1.50. Destination Italia SpA's value of 1.69 is 12.7% above this benchmark. Historically, Destination Italia SpA's own PB Ratio has ranged from 1.22 to 5.60 over the past decade. While the company's 10-year median is 2.28 vs. the industry median of 1.50, Destination Italia 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 Travel & Leisure company?
The median PB Ratio among Travel & Leisure companies is 1.50, based on 795 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. Destination Italia SpA's current PB Ratio of 1.69 is 12.7% 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 Destination Italia SpA and its competitors. For the Travel & Leisure industry, the median PB Ratio is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Destination Italia SpA's current PB Ratio is 1.69, which is 26% below median its own 10-year median of 2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Destination Italia SpA stock overvalued right now?
Based on GuruFocus' analysis, Destination Italia SpA (MIL:DIT) is currently considered Possible Value Trap. The stock's GF Value™ is €0.76, compared to a current price of €0.29 — trading 61.8% below its estimated fair value. The current PB Ratio is 1.69, which is 26% below median its 10-year median of 2.28 and 12.7% above the Travel & Leisure industry median of 1.50. Destination Italia SpA's overall GF Score™ is 40/100 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 Destination Italia SpA (MIL:DIT), the current PB Ratio is 1.69 as of Jul. 14, 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 Destination Italia SpA (MIL:DIT) Overvalued in 2026?

Based on GuruFocus' analysis, Destination Italia SpA stock appears to be undervalued. The current stock price of €0.29 is trading 61.8% below its estimated GF Value™ of €0.76. GuruFocus considers Destination Italia SpA to be Possible Value Trap.

Key valuation signals for MIL:DIT:

  • PB Ratio: 1.69 (26% below median its 10-year median of 2.28)
  • GF Value™: €0.76 vs. price of €0.29 (61.8% below fair value)
  • GF Score™: 40/100 with 5 warning signs
  • Industry Position: 12.7% above the Travel & Leisure median (#426 of 795)

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


Destination Italia SpA Business Description

Address Via Galleria Sala dei Longobardi 2, Milan, ITA, 20121
Destination Italia SpA is an online travel agency that offers custom-made visits and trips to Italy. Its business activity is carried out via the Destination Italia incoming agency, which brings together various tour operators and travel agencies across the world, as well as through the SONO Travel Club luxury travel platform.
40GF Score

Get the complete analysis for MIL:DIT

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

€0.29
Price
€0.76
GF Value