Siav SpAMIL:SIAV +1.56%72 PB Ratio is 2.33 as of Jul. 12, 2026, which is 6% below its 10-year median of 2.48. GuruFocus rates MIL:SIAV with a GF Score™ of 72/100 and a GF Value™ of €2.70 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,631 Software companies, Siav SpA ranks better than 51.77% 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 (2026-07-12), Siav SpA's share price is €2.60. Siav SpA's Book Value per Share for the quarter that ended in Dec. 2025 was €1.12. Hence, Siav SpA's PB Ratio of today is 2.33.
The historical rank and industry rank for Siav SpA's PB Ratio or its related term are showing as below:
MIL:SIAV'
s PB Ratio Range Over the Past 10 Years
Min: 1.63 Med: 2.48 Max: 6.77
Current: 2.33
During the past 6 years, Siav SpA's highest PB Ratio was 6.77. The lowest was 1.63. And the median was 2.48.
MIL:SIAV's PB Ratio is ranked better than 51.77% of 2631
companies
in the Software industry
Industry Median: 2.42
vs MIL:SIAV: 2.33
During the past 12 months, Siav SpA's average Book Value Per Share Growth Rate was 23.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 16.80% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Siav SpA was 33.00% per year. The lowest was 0.20% per year. And the median was 11.10% 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.
Siav SpA PB Ratio Related Terms
Siav SpA PB Ratio Historical Data
* Premium members only.
The historical data trend for Siav 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 Software - Application subindustry, Siav 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.
Siav SpA PB Ratio vs Software Industry
For the Software industry and Technology sector, Siav SpA's PB Ratio distribution charts can be found below:
* The bar in red indicates where Siav 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.
Siav 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.
Siav SpA (MIL:SIAV) has a PB Ratio of 2.33 as of Jul. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Siav SpA and its competitors. This is near median its historical median of 2.48. Over the past decade, Siav SpA's PB Ratio has ranged from 1.63 to 6.77. According to the industry distribution chart, Siav SpA ranks #1269 out of 2631 companies in the Software industry, placing it in the top 48.2%.
Is Siav SpA's PB Ratio too high?
Siav SpA's current PB Ratio of 2.33 is near median its 10-year median of 2.48. Over the past 10 years, this metric has ranged from a low of 1.63 to a high of 6.77. The Software industry median PB Ratio is 2.42. Siav SpA's value of 2.33 is 3.7% below this industry median. Based on the distribution chart, Siav SpA ranks #1269 out of 2631 companies in the Software industry, which is above the industry midpoint. Overall, Siav SpA has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Siav SpA's PB Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Siav SpA ranks #1269 out of 2631 companies for PB Ratio. This puts Siav SpA in the upper half of its industry. The industry median PB Ratio is 2.42. Siav SpA's value of 2.33 is 3.7% below this benchmark. Historically, Siav SpA's own PB Ratio has ranged from 1.63 to 6.77 over the past decade. While the company's 10-year median is 2.48 vs. the industry median of 2.42, Siav 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 a Software company?
The median PB Ratio among Software companies is 2.42, based on 2,631 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. Siav SpA's current PB Ratio of 2.33 is 3.7% 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 Siav SpA and its competitors. For the Software industry, the median PB Ratio is 2.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siav SpA's current PB Ratio is 2.33, which is near median its own 10-year median of 2.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siav SpA stock overvalued right now?
Based on GuruFocus' analysis, Siav SpA (MIL:SIAV) is currently considered Fairly Valued. The stock's GF Value™ is €2.70, compared to a current price of €2.60 — trading 3.7% below its estimated fair value. The current PB Ratio is 2.33, which is near median its 10-year median of 2.48 and 3.7% below the Software industry median of 2.42. Siav SpA's overall GF Score™ is 72/100 with 2 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 Siav SpA (MIL:SIAV), the current PB Ratio is 2.33 as of Jul. 12, 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 Siav SpA (MIL:SIAV) Overvalued in 2026?
Based on GuruFocus' analysis, Siav SpA stock appears to be undervalued.
The current stock price of €2.60 is trading 3.7% below its estimated GF Value™ of €2.70.
GuruFocus considers Siav SpA to be Fairly Valued.
Key valuation signals for MIL:SIAV:
PB Ratio: 2.33 (near median its 10-year median of 2.48)
GF Value™: €2.70 vs. price of €2.60 (3.7% below fair value)
Industry Position: 3.7% below the Software median (#1269 of 2631)
No single metric tells the full story. See the MIL:SIAV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Siav SpA is a software and IT service company specializing in dematerialization, document management, and digital processes. It offers software platforms such as Archiflow Nova, Siav Connect, and Siav Frame for information and process management; Vertical software and solutions that deal with specific topics such as Silloge, Checker, MyCreditService, etc., and outsourcing services such as dematerialization and replacement storage of documents, managed through a proprietary solution (Virgilio), and B2B electronic invoicing. The company's operating segments are based on the market it operates in and include the Private Market, Central Public Administration Market (CPA), Local Public Administration Market (PAL), and Channel Market.
72GF Score
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