SolidX AB (XSAT:SOLIDX) PB Ratio: 2.52 (As of Jul. 22, 2026) — 27% Below Median

Author: Vera Yuan Vera Yuan
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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.

XSAT:SOLIDX SolidX AB XSAT:SOLIDX
85 GF Score
Price kr2.18
GF Value kr2.56
Valuation Modestly Undervalued
! 3 Warning Signs
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What is SolidX AB PB Ratio?

SolidX AB XSAT:SOLIDX -3.54% 85 PB Ratio is 2.52 as of Jul. 22, 2026, which is 27% below its 10-year median of 3.47. GuruFocus rates XSAT:SOLIDX with a GF Score™ of 85/100 and a GF Value™ of kr2.56 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,635 Software companies, SolidX AB ranks worse than 53.13% 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 (2026-07-22), SolidX AB's share price is kr2.18. SolidX AB's Book Value per Share for the quarter that ended in Apr. 2026 was kr0.87. Hence, SolidX AB's PB Ratio of today is 2.52.

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

XSAT:SOLIDX' s PB Ratio Range Over the Past 10 Years
Min: 1.58   Med: 3.47   Max: 32.83
Current: 2.52

During the past 7 years, SolidX AB's highest PB Ratio was 32.83. The lowest was 1.58. And the median was 3.47.

XSAT:SOLIDX's PB Ratio is ranked worse than
53.13% of 2635 companies
in the Software industry
Industry Median: 2.37 vs XSAT:SOLIDX: 2.52

During the past 12 months, SolidX AB's average Book Value Per Share Growth Rate was -1.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 28.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 40.40% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of SolidX AB was 73.00% per year. The lowest was 28.20% per year. And the median was 52.20% per year.

Back to Basics: PB Ratio


SolidX AB  (XSAT:SOLIDX) 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.


SolidX AB PB Ratio Related Terms


SolidX AB PB Ratio Historical Data

* Premium members only.

The historical data trend for SolidX AB'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.

SolidX AB PB Ratio Chart

SolidX AB Annual Data
Trend Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
PB Ratio
Get a 7-Day Free Trial 21.07 14.89 3.49 1.57 2.66

SolidX AB Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 1.57 2.55 1.61 3.03 2.66

XSAT:SOLIDX vs IBM, ACN, FISV: PB Ratio Comparison

For the Information Technology Services subindustry, SolidX AB'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.


SolidX AB PB Ratio vs Software Industry

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

* The bar in red indicates where SolidX AB's PB Ratio falls into.


XSAT:SOLIDX
85GF Score
SolidX AB XSAT:SOLIDX
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SolidX AB 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.

SolidX AB's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Apr. 2026)
=2.18/0.866
=2.52

* 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 2.52 mean?
SolidX AB (XSAT:SOLIDX) has a PB Ratio of 2.52 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on SolidX AB and its competitors. This is 27% below median its historical median of 3.47. Over the past decade, SolidX AB's PB Ratio has ranged from 1.58 to 32.83. According to the industry distribution chart, SolidX AB ranks #1400 out of 2635 companies in the Software industry, placing it in the top 53.1%.
Is SolidX AB's PB Ratio too high?
SolidX AB's current PB Ratio of 2.52 is 27% below median its 10-year median of 3.47. Over the past 10 years, this metric has ranged from a low of 1.58 to a high of 32.83. The Software industry median PB Ratio is 2.37. SolidX AB's value of 2.52 is 6.3% above this industry median. Based on the distribution chart, SolidX AB ranks #1400 out of 2635 companies in the Software industry, which is below the industry midpoint. Overall, SolidX AB has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SolidX AB's PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, SolidX AB ranks #1400 out of 2635 companies for PB Ratio. This places SolidX AB in the lower half of its industry. The industry median PB Ratio is 2.37. SolidX AB's value of 2.52 is 6.3% above this benchmark. Historically, SolidX AB's own PB Ratio has ranged from 1.58 to 32.83 over the past decade. While the company's 10-year median is 3.47 vs. the industry median of 2.37, SolidX AB 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 2,635 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. SolidX AB's current PB Ratio of 2.52 is 6.3% 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 SolidX AB 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. SolidX AB's current PB Ratio is 2.52, which is 27% below median its own 10-year median of 3.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SolidX AB stock overvalued right now?
Based on GuruFocus' analysis, SolidX AB (XSAT:SOLIDX) is currently considered Modestly Undervalued. The stock's GF Value™ is kr2.56, compared to a current price of kr2.18 — trading 14.8% below its estimated fair value. The current PB Ratio is 2.52, which is 27% below median its 10-year median of 3.47 and 6.3% above the Software industry median of 2.37. SolidX AB's overall GF Score™ is 85/100 with 3 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 SolidX AB (XSAT:SOLIDX), the current PB Ratio is 2.52 as of Jul. 22, 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 SolidX AB (XSAT:SOLIDX) Overvalued in 2026?

Based on GuruFocus' analysis, SolidX AB stock appears to be undervalued. The current stock price of kr2.18 is trading 14.8% below its estimated GF Value™ of kr2.56. GuruFocus considers SolidX AB to be Modestly Undervalued.

Key valuation signals for XSAT:SOLIDX:

  • PB Ratio: 2.52 (27% below median its 10-year median of 3.47)
  • GF Value™: kr2.56 vs. price of kr2.18 (14.8% below fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 6.3% above the Software median (#1400 of 2635)

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


SolidX AB Business Description

Address Sodergatan 13, Malmo, SWE, 211 34
SolidX AB is an IT consulting company that provides expertise and resources in IT and digitalization for both private and public sectors. The company specializes in strengthening customer organizations by offering consultants for projects and day-to-day operations. The company is also known for its focus on consultants, aiming to be an employer by offering flexible working conditions, competence development, and competitive compensation.
85GF Score

Get the complete analysis for XSAT:SOLIDX

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

kr2.18
Price
kr2.56
GF Value