Esi SpAMIL:ESIGM -0.43%77 PB Ratio is 2.03 as of Jul. 02, 2026, which is 52% below its 10-year median of 4.19. GuruFocus rates MIL:ESIGM with a GF Score™ of 77/100 and a GF Value™ of €2.25 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,716 Construction companies, Esi SpA ranks worse than 65.62% 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), Esi SpA's share price is €1.15. Esi SpA's Book Value per Share for the quarter that ended in Dec. 2025 was €0.57. Hence, Esi SpA's PB Ratio of today is 2.03.
Good Sign:
Esi SpA stock PB Ratio (=2.06) is close to 10-year low of 1.91.
The historical rank and industry rank for Esi SpA's PB Ratio or its related term are showing as below:
MIL:ESIGM'
s PB Ratio Range Over the Past 10 Years
Min: 1.91 Med: 4.19 Max: 36.86
Current: 2.06
During the past 7 years, Esi SpA's highest PB Ratio was 36.86. The lowest was 1.91. And the median was 4.19.
MIL:ESIGM's PB Ratio is ranked worse than 65.62% of 1716
companies
in the Construction industry
Industry Median: 1.325
vs MIL:ESIGM: 2.06
During the past 12 months, Esi SpA's average Book Value Per Share Growth Rate was 4.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -2.10% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Esi SpA was 84.90% per year. The lowest was -14.10% per year. And the median was 1.65% 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.
Esi SpA PB Ratio Related Terms
Esi SpA PB Ratio Historical Data
* Premium members only.
The historical data trend for Esi 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 Engineering & Construction subindustry, Esi 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.
Esi SpA PB Ratio vs Construction Industry
For the Construction industry and Industrials sector, Esi SpA's PB Ratio distribution charts can be found below:
* The bar in red indicates where Esi 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.
Esi 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.
Esi SpA (MIL:ESIGM) has a PB Ratio of 2.03 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 Esi SpA and its competitors. This is 52% below median its historical median of 4.19. Over the past decade, Esi SpA's PB Ratio has ranged from 1.91 to 36.86. According to the industry distribution chart, Esi SpA ranks #1126 out of 1716 companies in the Construction industry, placing it in the top 65.6%.
Is Esi SpA's PB Ratio too high?
Esi SpA's current PB Ratio of 2.03 is 52% below median its 10-year median of 4.19. Over the past 10 years, this metric has ranged from a low of 1.91 to a high of 36.86. The Construction industry median PB Ratio is 1.33. Esi SpA's value of 2.03 is 53.2% above this industry median. Based on the distribution chart, Esi SpA ranks #1126 out of 1716 companies in the Construction industry, which is below the industry midpoint. Overall, Esi SpA has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Esi SpA's PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Esi SpA ranks #1126 out of 1716 companies for PB Ratio. This places Esi SpA in the lower half of its industry. The industry median PB Ratio is 1.33. Esi SpA's value of 2.03 is 53.2% above this benchmark. Historically, Esi SpA's own PB Ratio has ranged from 1.91 to 36.86 over the past decade. While the company's 10-year median is 4.19 vs. the industry median of 1.33, Esi 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 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. Esi SpA's current PB Ratio of 2.03 is 53.2% 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 Esi SpA 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. Esi SpA's current PB Ratio is 2.03, which is 52% below median its own 10-year median of 4.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Esi SpA stock overvalued right now?
Based on GuruFocus' analysis, Esi SpA (MIL:ESIGM) is currently considered Possible Value Trap. The stock's GF Value™ is €2.25, compared to a current price of €1.15 — trading 48.9% below its estimated fair value. The current PB Ratio is 2.03, which is 52% below median its 10-year median of 4.19 and 53.2% above the Construction industry median of 1.33. Esi SpA's overall GF Score™ is 77/100 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 Esi SpA (MIL:ESIGM), the current PB Ratio is 2.03 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 Esi SpA (MIL:ESIGM) Overvalued in 2026?
Based on GuruFocus' analysis, Esi SpA stock appears to be undervalued.
The current stock price of €1.15 is trading 48.9% below its estimated GF Value™ of €2.25.
GuruFocus considers Esi SpA to be Possible Value Trap.
Key valuation signals for MIL:ESIGM:
PB Ratio: 2.03 (52% below median its 10-year median of 4.19)
GF Value™: €2.25 vs. price of €1.15 (48.9% below fair value)
Industry Position: 53.2% above the Construction median (#1126 of 1716)
No single metric tells the full story. See the MIL:ESIGM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Esi SpA operates in the renewable energy market as an EPC contractor and a System Integrator. The company covers all phases within the renewable energy value chain, from project development to engineering and construction. As an EPC contractor, it is involved in designing and constructing turnkey photovoltaic systems, civil works, excavations, roads, wind farm foundations, and high-voltage underground cable ducts. It also builds control cabins and foundations for high-voltage plants, provides maintenance of photovoltaic power plants, and performs other related activities. As a System Integrator, the company constructs mini-grid and off-grid systems for electricity supply in remote areas and designs storage systems for electrical energy production.
77GF Score
Get the complete analysis for MIL:ESIGM
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIL:ESIGM has been successfully added to your 
