Racing Force SpAMIL:RFG 85 PB Ratio is 2.04 as of Jul. 01, 2026, which is 11% below its 10-year median of 2.30. GuruFocus rates MIL:RFG with a GF Score™ of 85/100 and a GF Value™ of €5.43 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 795 Travel & Leisure companies, Racing Force SpA ranks worse than 62.39% 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 (2026-07-01), Racing Force SpA's share price is €4.66. Racing Force SpA's Book Value per Share for the quarter that ended in Dec. 2025 was €2.28. Hence, Racing Force SpA's PB Ratio of today is 2.04.
The historical rank and industry rank for Racing Force SpA's PB Ratio or its related term are showing as below:
MIL:RFG'
s PB Ratio Range Over the Past 10 Years
Min: 1.65 Med: 2.3 Max: 15.97
Current: 2.06
During the past 6 years, Racing Force SpA's highest PB Ratio was 15.97. The lowest was 1.65. And the median was 2.30.
MIL:RFG's PB Ratio is ranked worse than 62.39% of 795
companies
in the Travel & Leisure industry
Industry Median: 1.48
vs MIL:RFG: 2.06
During the past 12 months, Racing Force 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 14.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 38.30% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Racing Force SpA was 76.20% per year. The lowest was 14.10% per year. And the median was 20.70% 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.
Racing Force SpA PB Ratio Related Terms
Racing Force SpA PB Ratio Historical Data
* Premium members only.
The historical data trend for Racing Force 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 Leisure subindustry, Racing Force 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.
Racing Force SpA PB Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Racing Force SpA's PB Ratio distribution charts can be found below:
* The bar in red indicates where Racing Force 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.
Racing Force SpA (MIL:RFG) has a PB Ratio of 2.04 as of Jul. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Racing Force SpA and its competitors. This is 11% below median its historical median of 2.30. Over the past decade, Racing Force SpA's PB Ratio has ranged from 1.65 to 15.97. According to the industry distribution chart, Racing Force SpA ranks #496 out of 795 companies in the Travel & Leisure industry, placing it in the top 62.4%.
Is Racing Force SpA's PB Ratio too high?
Racing Force SpA's current PB Ratio of 2.04 is 11% below median its 10-year median of 2.30. Over the past 10 years, this metric has ranged from a low of 1.65 to a high of 15.97. The Travel & Leisure industry median PB Ratio is 1.48. Racing Force SpA's value of 2.04 is 37.8% above this industry median. Based on the distribution chart, Racing Force SpA ranks #496 out of 795 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Racing Force SpA has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Racing Force SpA's PB Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Racing Force SpA ranks #496 out of 795 companies for PB Ratio. This places Racing Force SpA in the lower half of its industry. The industry median PB Ratio is 1.48. Racing Force SpA's value of 2.04 is 37.8% above this benchmark. Historically, Racing Force SpA's own PB Ratio has ranged from 1.65 to 15.97 over the past decade. While the company's 10-year median is 2.30 vs. the industry median of 1.48, Racing Force 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 1.48, 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. Racing Force SpA's current PB Ratio of 2.04 is 37.8% 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 Racing Force SpA and its competitors. For the Travel & Leisure industry, the median PB Ratio is 1.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Racing Force SpA's current PB Ratio is 2.04, which is 11% below median its own 10-year median of 2.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Racing Force SpA stock overvalued right now?
Based on GuruFocus' analysis, Racing Force SpA (MIL:RFG) is currently considered Modestly Undervalued. The stock's GF Value™ is €5.43, compared to a current price of €4.66 — trading 14.2% below its estimated fair value. The current PB Ratio is 2.04, which is 11% below median its 10-year median of 2.30 and 37.8% above the Travel & Leisure industry median of 1.48. Racing Force SpA's overall GF Score™ is 85/100 with 1 warning sign 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 Racing Force SpA (MIL:RFG), the current PB Ratio is 2.04 as of Jul. 01, 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 Racing Force SpA (MIL:RFG) Overvalued in 2026?
Based on GuruFocus' analysis, Racing Force SpA stock appears to be undervalued.
The current stock price of €4.66 is trading 14.2% below its estimated GF Value™ of €5.43.
GuruFocus considers Racing Force SpA to be Modestly Undervalued.
Key valuation signals for MIL:RFG:
PB Ratio: 2.04 (11% below median its 10-year median of 2.30)
GF Value™: €5.43 vs. price of €4.66 (14.2% below fair value)
Industry Position: 37.8% above the Travel & Leisure median (#496 of 795)
No single metric tells the full story. See the MIL:RFG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Racing Force SpA operates in the production of safety equipment for the racing and motorsports industry and conducts essentially complementary business activities. Its product range spans suits, gloves, shoes, seats, harnesses, helmets, rollbars, racing nets, steering wheels, fire-extinguisher systems, and intercoms, as well as other accessories strictly related to the motorsport industry. The products are sold under the OMP, Bell, Zeronoise, B2, and Racing Spirit brands. Geographically, the company generates maximum revenue from Europe, Middle East and Africa (EMEA), followed by the Americas (AMER), and Asia and Oceania (APAC).
85GF Score
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