NCR AtleosNATL +1.24%49 PB Ratio is 8.09 as of Jun. 30, 2026, which is 3% above its 10-year median of 7.89. GuruFocus rates NATL with a GF Score™ of 49/100 and a GF Value™ of $28.57 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,618 Software companies, NCR Atleos ranks worse than 87.55% 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 (2026-06-30), NCR Atleos's share price is $43.41. NCR Atleos's Book Value per Share for the quarter that ended in Mar. 2026 was $5.37. Hence, NCR Atleos's PB Ratio of today is 8.09.
Warning Sign:
NCR Atleos Corp stock PB Ratio (=7.99) is close to 1-year high of 8.83.
The historical rank and industry rank for NCR Atleos's PB Ratio or its related term are showing as below:
NATL'
s PB Ratio Range Over the Past 10 Years
Min: 0.41 Med: 7.89 Max: 11.59
Current: 8.08
During the past 6 years, NCR Atleos's highest PB Ratio was 11.59. The lowest was 0.41. And the median was 7.89.
NATL's PB Ratio is ranked worse than 87.55% of 2618
companies
in the Software industry
Industry Median: 2.37
vs NATL: 8.08
During the past 12 months, NCR Atleos's average Book Value Per Share Growth Rate was 43.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -50.90% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of NCR Atleos was -50.90% per year. The lowest was -55.00% per year. And the median was -52.95% 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.
NCR Atleos PB Ratio Related Terms
NCR Atleos PB Ratio Historical Data
* Premium members only.
The historical data trend for NCR Atleos'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, NCR Atleos'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.
NCR Atleos PB Ratio vs Software Industry
For the Software industry and Technology sector, NCR Atleos's PB Ratio distribution charts can be found below:
* The bar in red indicates where NCR Atleos'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.
NCR Atleos'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.
NCR Atleos (NATL) has a PB Ratio of 8.09 as of Jun. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on NCR Atleos and its competitors. This is near median its historical median of 7.89. Over the past decade, NCR Atleos' PB Ratio has ranged from 0.41 to 11.59. According to the industry distribution chart, NCR Atleos ranks #2292 out of 2618 companies in the Software industry, placing it in the top 87.5%.
Is NCR Atleos' PB Ratio too high?
NCR Atleos' current PB Ratio of 8.09 is near median its 10-year median of 7.89. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 11.59. The Software industry median PB Ratio is 2.37. NCR Atleos' value of 8.09 is 241.4% above this industry median. Based on the distribution chart, NCR Atleos ranks #2292 out of 2618 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, NCR Atleos has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NCR Atleos' PB Ratio compare to RNG and QTWO?
According to the Software industry distribution chart, NCR Atleos ranks #2292 out of 2618 companies for PB Ratio. This places NCR Atleos in the lower half of its industry. The industry median PB Ratio is 2.37. NCR Atleos' value of 8.09 is 241.4% above this benchmark. Historically, NCR Atleos' own PB Ratio has ranged from 0.41 to 11.59 over the past decade. While the company's 10-year median is 7.89 vs. the industry median of 2.37, NCR Atleos 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 Software company?
The median PB Ratio among Software companies is 2.37, based on 2,618 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. NCR Atleos's current PB Ratio of 8.09 is 241.4% 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 NCR Atleos and its competitors. For the Software industry, the median PB Ratio is 2.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NCR Atleos's current PB Ratio is 8.09, which is near median its own 10-year median of 7.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NCR Atleos stock overvalued right now?
Based on GuruFocus' analysis, NCR Atleos (NATL) is currently considered Significantly Overvalued. The stock's GF Value™ is $28.57, compared to a current price of $43.41 — trading 51.9% above its estimated fair value. The current PB Ratio is 8.09, which is near median its 10-year median of 7.89 and 241.4% above the Software industry median of 2.37. NCR Atleos' overall GF Score™ is 49/100 with 5 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 NCR Atleos (NATL), the current PB Ratio is 8.09 as of Jun. 30, 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 NCR Atleos (NATL) Overvalued in 2026?
Based on GuruFocus' analysis, NCR Atleos stock appears to be overvalued.
The current stock price of $43.41 is trading 51.9% above its estimated GF Value™ of $28.57.
GuruFocus considers NCR Atleos to be Significantly Overvalued.
Key valuation signals for NATL:
PB Ratio: 8.09 (near median its 10-year median of 7.89)
GF Value™: $28.57 vs. price of $43.41 (51.9% above fair value)
Industry Position: 241.4% above the Software median (#2292 of 2618)
No single metric tells the full story. See the NATL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NCR Atleos Corp is a financial technology company providing self-directed banking solutions to a customer base including financial institutions, merchants, manufacturers, retailers, and consumers. Self-directed banking is a rapidly growing, secular trend that allows banking customers to transact seamlessly between various channels, all for the same transaction. Their comprehensive solutions enable the acceleration of self-directed banking through ATM and interactive teller machine (ITM) technology, including software, services, hardware, and its proprietary Allpoint network. Atleos manages its operations in the following segments: Self-Service Banking, which generates maximum revenue, Network, and Telecommunications and Technology. Geographically, it derives maximum revenue from the U.S.
49GF Score
Get the complete analysis for NATL
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
NATL has been successfully added to your 
