Iniziative Bresciane SpAMIL:IB +1.56%73 PB Ratio is 0.71 as of Jun. 27, 2026, which is 48% below its 10-year median of 1.36. GuruFocus rates MIL:IB with a GF Score™ of 73/100 and a GF Value™ of €13.98 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 430 Utilities - Independent Power Producers companies, Iniziative Bresciane SpA ranks better than 73.26% on this metric.
During the past 12 months, Iniziative Bresciane SpA's average Book Value Per Share Growth Rate was -3.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Iniziative Bresciane SpA was 10.30% per year. The lowest was -3.20% per year. And the median was 0.50% per year.
Back to Basics: PB Ratio
Iniziative Bresciane SpA (MIL:IB) PB Ratio Explanation
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.
* 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.
Iniziative Bresciane SpA PB Ratio Competitor Comparison
For the Utilities - Renewable subindustry, Iniziative Bresciane 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.
Iniziative Bresciane SpA PB Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Iniziative Bresciane SpA's PB Ratio distribution charts can be found below:
* The bar in red indicates where Iniziative Bresciane 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.
* 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.
Iniziative Bresciane SpA (MIL:IB) has a PB Ratio of 0.71 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Iniziative Bresciane SpA and its competitors. This is 48% below median its historical median of 1.36. Over the past decade, Iniziative Bresciane SpA's PB Ratio has ranged from 0.72 to 2.18. According to the industry distribution chart, Iniziative Bresciane SpA ranks #115 out of 430 companies in the Utilities - Independent Power Producers industry, placing it in the top 26.7%.
Is Iniziative Bresciane SpA's PB Ratio too high?
Iniziative Bresciane SpA's current PB Ratio of 0.71 is 48% below median its 10-year median of 1.36. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 2.18. The Utilities - Independent Power Producers industry median PB Ratio is 1.36. Iniziative Bresciane SpA's value of 0.71 is 47.6% below this industry median. Based on the distribution chart, Iniziative Bresciane SpA ranks #115 out of 430 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Iniziative Bresciane SpA has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Iniziative Bresciane SpA's PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Iniziative Bresciane SpA ranks #115 out of 430 companies for PB Ratio. This puts Iniziative Bresciane SpA in the upper half of its industry. The industry median PB Ratio is 1.36. Iniziative Bresciane SpA's value of 0.71 is 47.6% below this benchmark. Historically, Iniziative Bresciane SpA's own PB Ratio has ranged from 0.72 to 2.18 over the past decade. While the company's 10-year median is 1.36 vs. the industry median of 1.36, Iniziative Bresciane 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 an Utilities - Independent Power Producers company?
The median PB Ratio among Utilities - Independent Power Producers companies is 1.36, based on 430 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. Iniziative Bresciane SpA's current PB Ratio of 0.71 is 47.6% 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 Iniziative Bresciane SpA and its competitors. For the Utilities - Independent Power Producers industry, the median PB Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iniziative Bresciane SpA's current PB Ratio is 0.71, which is 48% below median its own 10-year median of 1.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iniziative Bresciane SpA stock overvalued right now?
Based on GuruFocus' analysis, Iniziative Bresciane SpA (MIL:IB) is currently considered Possible Value Trap. The stock's GF Value™ is €13.98, compared to a current price of €9.75 — trading 30.3% below its estimated fair value. The current PB Ratio is 0.71, which is 48% below median its 10-year median of 1.36 and 47.6% below the Utilities - Independent Power Producers industry median of 1.36. Iniziative Bresciane SpA's overall GF Score™ is 73/100 with 9 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 Iniziative Bresciane SpA (MIL:IB), the current PB Ratio is 0.71 as of Jun. 27, 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 Iniziative Bresciane SpA (MIL:IB) Overvalued in 2026?
Based on GuruFocus' analysis, Iniziative Bresciane SpA stock appears to be undervalued.
The current stock price of €9.75 is trading 30.3% below its estimated GF Value™ of €13.98.
GuruFocus considers Iniziative Bresciane SpA to be Possible Value Trap.
Key valuation signals for MIL:IB:
PB Ratio: 0.71 (48% below median its 10-year median of 1.36)
GF Value™: €13.98 vs. price of €9.75 (30.3% below fair value)
Industry Position: 47.6% below the Utilities - Independent Power Producers median (#115 of 430)
No single metric tells the full story. See the MIL:IB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Iniziative Bresciane SpA is an engineering and construction company. The company design, constructs and operates small and medium-sized hydroelectric plants. The company operates in Italy and its hydroelectric plants are mainly located in the provinces of Brescia, Bergamo, and Cremona.
73GF Score
Get the complete analysis for MIL:IB
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:IB has been successfully added to your 
