Piquadro SpAMIL:PQ +1.10%82 PB Ratio is 1.74 as of Jun. 25, 2026, which is 7% above its 10-year median of 1.63. GuruFocus rates MIL:PQ with a GF Score™ of 82/100 and a GF Value™ of €2.19 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,005 Manufacturing - Apparel & Accessories companies, Piquadro SpA ranks worse than 66.37% 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 (2026-06-25), Piquadro SpA's share price is €2.76. Piquadro SpA's Book Value per Share for the quarter that ended in Sep. 2025 was €1.58. Hence, Piquadro SpA's PB Ratio of today is 1.74.
Warning Sign:
Piquadro SpA stock PB Ratio (=1.74) is close to 3-year high of 1.89.
The historical rank and industry rank for Piquadro SpA's PB Ratio or its related term are showing as below:
MIL:PQ'
s PB Ratio Range Over the Past 10 Years
Min: 0.87 Med: 1.63 Max: 2.65
Current: 1.76
During the past 13 years, Piquadro SpA's highest PB Ratio was 2.65. The lowest was 0.87. And the median was 1.63.
During the past 12 months, Piquadro SpA's average Book Value Per Share Growth Rate was 7.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 6.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 7.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Piquadro SpA was 50.50% per year. The lowest was -6.20% per year. And the median was 8.10% 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.
Piquadro SpA PB Ratio Related Terms
Piquadro SpA PB Ratio Historical Data
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The historical data trend for Piquadro 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 Footwear & Accessories subindustry, Piquadro 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.
Piquadro SpA PB Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Piquadro SpA's PB Ratio distribution charts can be found below:
* The bar in red indicates where Piquadro 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.
Piquadro 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.
Piquadro SpA (MIL:PQ) has a PB Ratio of 1.74 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Piquadro SpA and its competitors. This is near median its historical median of 1.63. Over the past decade, Piquadro SpA's PB Ratio has ranged from 0.87 to 2.65. According to the industry distribution chart, Piquadro SpA ranks #667 out of 1005 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 66.4%.
Is Piquadro SpA's PB Ratio too high?
Piquadro SpA's current PB Ratio of 1.74 is near median its 10-year median of 1.63. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 2.65. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.08. Piquadro SpA's value of 1.74 is 61.1% above this industry median. Based on the distribution chart, Piquadro SpA ranks #667 out of 1005 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Piquadro SpA has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Piquadro SpA's PB Ratio compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Piquadro SpA ranks #667 out of 1005 companies for PB Ratio. This places Piquadro SpA in the lower half of its industry. The industry median PB Ratio is 1.08. Piquadro SpA's value of 1.74 is 61.1% above this benchmark. Historically, Piquadro SpA's own PB Ratio has ranged from 0.87 to 2.65 over the past decade. While the company's 10-year median is 1.63 vs. the industry median of 1.08, Piquadro 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 Manufacturing - Apparel & Accessories company?
The median PB Ratio among Manufacturing - Apparel & Accessories companies is 1.08, based on 1,005 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. Piquadro SpA's current PB Ratio of 1.74 is 61.1% 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 Piquadro SpA and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Piquadro SpA's current PB Ratio is 1.74, which is near median its own 10-year median of 1.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piquadro SpA stock overvalued right now?
Based on GuruFocus' analysis, Piquadro SpA (MIL:PQ) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.19, compared to a current price of €2.76 — trading 26% above its estimated fair value. The current PB Ratio is 1.74, which is near median its 10-year median of 1.63 and 61.1% above the Manufacturing - Apparel & Accessories industry median of 1.08. Piquadro SpA's overall GF Score™ is 82/100 with 6 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 Piquadro SpA (MIL:PQ), the current PB Ratio is 1.74 as of Jun. 25, 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 Piquadro SpA (MIL:PQ) Overvalued in 2026?
Based on GuruFocus' analysis, Piquadro SpA stock appears to be overvalued.
The current stock price of €2.76 is trading 26% above its estimated GF Value™ of €2.19.
GuruFocus considers Piquadro SpA to be Modestly Overvalued.
Key valuation signals for MIL:PQ:
PB Ratio: 1.74 (near median its 10-year median of 1.63)
GF Value™: €2.19 vs. price of €2.76 (26% above fair value)
Industry Position: 61.1% above the Manufacturing - Apparel & Accessories median (#667 of 1005)
No single metric tells the full story. See the MIL:PQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Piquadro SpA operates in the leather goods market. It is engaged in the design, manufacturing, and marketing of leather goods. The company's product portfolio includes bags and briefcases, women's purses, small leather articles such as wallets, billfolds, key holders, etc., sneakers, jackets, and others. The products are marketed through Piquadro, The Bridge, and Lancel brands which are also the company's reportable segments. Maximum revenue is generated from the Piquadro segment. Geographically, the company derives maximum revenue from Europe (excluding Italy) followed by Italy, and other regions.
82GF Score
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