LSI Software (WAR:LSI) PB Ratio: 2.86 (As of Jul. 14, 2026) — 149% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WAR:LSI LSI Software SA WAR:LSI
78 GF Score
Price zł62.80
GF Value zł26.07
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is LSI Software PB Ratio?

LSI Software WAR:LSI +5.37% 78 PB Ratio is 2.86 as of Jul. 14, 2026, which is 149% above its 10-year median of 1.15. GuruFocus rates WAR:LSI with a GF Score™ of 78/100 and a GF Value™ of zł26.07 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,629 Software companies, LSI Software ranks worse than 58.24% 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 (2026-07-14), LSI Software's share price is zł62.80. LSI Software's Book Value per Share for the quarter that ended in Mar. 2026 was zł21.98. Hence, LSI Software's PB Ratio of today is 2.86.

Warning Sign:

LSI Software SA stock PB Ratio (=2.71) is close to 10-year high of 2.71.

The historical rank and industry rank for LSI Software's PB Ratio or its related term are showing as below:

WAR:LSI' s PB Ratio Range Over the Past 10 Years
Min: 0.72   Med: 1.15   Max: 2.86
Current: 2.86

During the past 13 years, LSI Software's highest PB Ratio was 2.86. The lowest was 0.72. And the median was 1.15.

WAR:LSI's PB Ratio is ranked worse than
58.24% of 2629 companies
in the Software industry
Industry Median: 2.39 vs WAR:LSI: 2.86

During the past 12 months, LSI Software's average Book Value Per Share Growth Rate was 18.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 10.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of LSI Software was 16.80% per year. The lowest was 7.40% per year. And the median was 9.70% per year.

Back to Basics: PB Ratio


LSI Software  (WAR:LSI) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


LSI Software PB Ratio Related Terms


LSI Software PB Ratio Historical Data

* Premium members only.

The historical data trend for LSI Software'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.

LSI Software PB Ratio Chart

LSI Software Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 0.76 0.95 0.90 1.33

LSI Software Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.89 1.23 1.38 1.33 1.59

WAR:LSI vs UBER, SHOP, CRM: PB Ratio Comparison

For the Software - Application subindustry, LSI Software'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.


LSI Software PB Ratio vs Software Industry

For the Software industry and Technology sector, LSI Software's PB Ratio distribution charts can be found below:

* The bar in red indicates where LSI Software's PB Ratio falls into.


WAR:LSI
78GF Score
LSI Software SA WAR:LSI
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LSI Software PB Ratio Calculation

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.

LSI Software's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=62.80/21.979
=2.86

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 2.86 mean?
LSI Software (WAR:LSI) has a PB Ratio of 2.86 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on LSI Software and its competitors. This is 149% above median its historical median of 1.15. Over the past decade, LSI Software's PB Ratio has ranged from 0.72 to 2.86. According to the industry distribution chart, LSI Software ranks #1531 out of 2629 companies in the Software industry, placing it in the top 58.2%.
Is LSI Software's PB Ratio too high?
LSI Software's current PB Ratio of 2.86 is 149% above median its 10-year median of 1.15. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 2.86. The Software industry median PB Ratio is 2.39. LSI Software's value of 2.86 is 19.7% above this industry median. Based on the distribution chart, LSI Software ranks #1531 out of 2629 companies in the Software industry, which is below the industry midpoint. Overall, LSI Software has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LSI Software's PB Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, LSI Software ranks #1531 out of 2629 companies for PB Ratio. This places LSI Software in the lower half of its industry. The industry median PB Ratio is 2.39. LSI Software's value of 2.86 is 19.7% above this benchmark. Historically, LSI Software's own PB Ratio has ranged from 0.72 to 2.86 over the past decade. While the company's 10-year median is 1.15 vs. the industry median of 2.39, LSI Software 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 2.39, based on 2,629 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. LSI Software's current PB Ratio of 2.86 is 19.7% 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 LSI Software and its competitors. For the Software industry, the median PB Ratio is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LSI Software's current PB Ratio is 2.86, which is 149% above median its own 10-year median of 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LSI Software stock overvalued right now?
Based on GuruFocus' analysis, LSI Software (WAR:LSI) is currently considered Significantly Overvalued. The stock's GF Value™ is zł26.07, compared to a current price of zł62.80 — trading 140.9% above its estimated fair value. The current PB Ratio is 2.86, which is 149% above median its 10-year median of 1.15 and 19.7% above the Software industry median of 2.39. LSI Software's overall GF Score™ is 78/100 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 LSI Software (WAR:LSI), the current PB Ratio is 2.86 as of Jul. 14, 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 LSI Software (WAR:LSI) Overvalued in 2026?

Based on GuruFocus' analysis, LSI Software stock appears to be overvalued. The current stock price of zł62.80 is trading 140.9% above its estimated GF Value™ of zł26.07. GuruFocus considers LSI Software to be Significantly Overvalued.

Key valuation signals for WAR:LSI:

  • PB Ratio: 2.86 (149% above median its 10-year median of 1.15)
  • GF Value™: zł26.07 vs. price of zł62.80 (140.9% above fair value)
  • GF Score™: 78/100 with 7 warning signs
  • Industry Position: 19.7% above the Software median (#1531 of 2629)

No single metric tells the full story. See the WAR:LSI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


LSI Software Business Description

Address No. 176/178 Przybyszewskiego Street, Lodz, POL, 93-120
LSI Software SA is engaged in software development for retail and hospitality sectors as well as for cinema operators. It also involved in professional services, implementation services, maintenance, and the supplying of hardware solutions. The company products are bifurcated namely Bastion Enterprise Resource Planning (ERP), Positive Retail, Positive Hospitality and Expert computer hardware. The company derives majority of its revenues from the sale of the Software business and has operations spread across Poland. Its geographic segments include Poland and other countries.
78GF Score

Get the complete analysis for WAR:LSI

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

zł62.80
Price
zł26.07
GF Value