TradeLab SPAMIL:TRAI 13 PB Ratio is 2.06 as of Jul. 11, 2026, which is 94% below its 10-year median of 32.96. GuruFocus rates MIL:TRAI with a GF Score™ of 13/100. The stock has 7 warning signs investors should review. Among 1,048 Business Services companies, TradeLab SPA ranks worse than 60.02% 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 (2026-07-11), TradeLab SPA's share price is €2.50. TradeLab SPA's Book Value per Share for the quarter that ended in Dec. 2025 was €1.21. Hence, TradeLab SPA's PB Ratio of today is 2.06.
Good Sign:
TradeLab SPA stock PB Ratio (=2.03) is close to 2-year low of 2.03.
The historical rank and industry rank for TradeLab SPA's PB Ratio or its related term are showing as below:
MIL:TRAI'
s PB Ratio Range Over the Past 10 Years
Min: 2.03 Med: 32.96 Max: 58.29
Current: 2.06
During the past 3 years, TradeLab SPA's highest PB Ratio was 58.29. The lowest was 2.03. And the median was 32.96.
MIL:TRAI's PB Ratio is ranked worse than 60.02% of 1048
companies
in the Business Services industry
Industry Median: 1.655
vs MIL:TRAI: 2.06
During the past 12 months, TradeLab SPA's average Book Value Per Share Growth Rate was 1054.30% 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.
TradeLab SPA PB Ratio Related Terms
TradeLab SPA PB Ratio Historical Data
* Premium members only.
The historical data trend for TradeLab 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.
TradeLab SPA PB Ratio Chart
TradeLab SPA Annual Data
Trend
Dec23
Dec24
Dec25
PB Ratio
0.00
0.00
2.99
TradeLab SPA Semi-Annual Data
Dec23
Jun24
Dec24
Jun25
Dec25
PB Ratio
0.00
0.00
0.00
7.92
2.99
MIL:TRAI vs VRSK, EFX, BAH: PB Ratio Comparison
For the Consulting Services subindustry, TradeLab 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.
TradeLab SPA PB Ratio vs Business Services Industry
For the Business Services industry and Industrials sector, TradeLab SPA's PB Ratio distribution charts can be found below:
* The bar in red indicates where TradeLab 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.
TradeLab 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.
TradeLab SPA (MIL:TRAI) has a PB Ratio of 2.06 as of Jul. 11, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on TradeLab SPA and its competitors. This is 94% below median its historical median of 32.96. Over the past decade, TradeLab SPA's PB Ratio has ranged from 2.03 to 58.29. According to the industry distribution chart, TradeLab SPA ranks #629 out of 1048 companies in the Business Services industry, placing it in the top 60%.
Is TradeLab SPA's PB Ratio too high?
TradeLab SPA's current PB Ratio of 2.06 is 94% below median its 10-year median of 32.96. Over the past 10 years, this metric has ranged from a low of 2.03 to a high of 58.29. The Business Services industry median PB Ratio is 1.66. TradeLab SPA's value of 2.06 is 24.5% above this industry median. Based on the distribution chart, TradeLab SPA ranks #629 out of 1048 companies in the Business Services industry, which is below the industry midpoint. Overall, TradeLab SPA has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does TradeLab SPA's PB Ratio compare to VRSK and EFX?
According to the Business Services industry distribution chart, TradeLab SPA ranks #629 out of 1048 companies for PB Ratio. This places TradeLab SPA in the lower half of its industry. The industry median PB Ratio is 1.66. TradeLab SPA's value of 2.06 is 24.5% above this benchmark. Historically, TradeLab SPA's own PB Ratio has ranged from 2.03 to 58.29 over the past decade. While the company's 10-year median is 32.96 vs. the industry median of 1.66, TradeLab 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 Business Services company?
The median PB Ratio among Business Services companies is 1.66, based on 1,048 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. TradeLab SPA's current PB Ratio of 2.06 is 24.5% 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 TradeLab SPA and its competitors. For the Business Services industry, the median PB Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TradeLab SPA's current PB Ratio is 2.06, which is 94% below median its own 10-year median of 32.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TradeLab SPA stock overvalued right now?
TradeLab SPA (MIL:TRAI) has a current PB Ratio of 2.06. The current PB Ratio is 2.06, which is 94% below median its 10-year median of 32.96 and 24.5% above the Business Services industry median of 1.66. TradeLab SPA's overall GF Score™ is 13/100 with 7 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 TradeLab SPA (MIL:TRAI), the current PB Ratio is 2.06 as of Jul. 11, 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.
TradeLab SPA is an Italian company. It specializes in consulting services and data analysis tools for companies and public administrations, including technological solutions and platforms. The Group's offer is divided into three service lines: Technological platforms, Knowledge Hub, and Consulting and analysis.
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