Secunet Security Networks AG stock PB Ratio (=6.89) is close to 1-year low of 6.43.
The historical rank and industry rank for Secunet Security Networks AG's PB Ratio or its related term are showing as below:
XTER:YSN'
s PB Ratio Range Over the Past 10 Years
Min: 4.32 Med: 10.36 Max: 36.84
Current: 7.04
During the past 13 years, Secunet Security Networks AG's highest PB Ratio was 36.84. The lowest was 4.32. And the median was 10.36.
XTER:YSN's PB Ratio is ranked worse than 85.26% of 2626
companies
in the Software industry
Industry Median: 2.42
vs XTER:YSN: 7.04
During the past 12 months, Secunet Security Networks AG's average Book Value Per Share Growth Rate was 10.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 9.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 8.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 15.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Secunet Security Networks AG was 23.30% per year. The lowest was 0.60% per year. And the median was 10.40% per year.
Back to Basics: PB Ratio
Secunet Security Networks AG (XTER:YSN) PB Ratio Explanation
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.
Secunet Security Networks AG PB Ratio Related Terms
Secunet Security Networks AG PB Ratio Historical Data
* 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 - Infrastructure subindustry, Secunet Security Networks AG'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.
Secunet Security Networks AG PB Ratio vs Software Industry
For the Software industry and Technology sector, Secunet Security Networks AG's PB Ratio distribution charts can be found below:
* The bar in red indicates where Secunet Security Networks AG'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.
* 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.
Secunet Security Networks AG (XTER:YSN) has a PB Ratio of 6.92 as of Jul. 08, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Secunet Security Networks AG and its competitors. This is 33% below median its historical median of 10.36. Over the past decade, Secunet Security Networks AG's PB Ratio has ranged from 4.32 to 36.84. According to the industry distribution chart, Secunet Security Networks AG ranks #2239 out of 2626 companies in the Software industry, placing it in the top 85.3%.
Is Secunet Security Networks AG's PB Ratio too high?
Secunet Security Networks AG's current PB Ratio of 6.92 is 33% below median its 10-year median of 10.36. Over the past 10 years, this metric has ranged from a low of 4.32 to a high of 36.84. The Software industry median PB Ratio is 2.42. Secunet Security Networks AG's value of 6.92 is 186% above this industry median. Based on the distribution chart, Secunet Security Networks AG ranks #2239 out of 2626 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Secunet Security Networks AG has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Secunet Security Networks AG's PB Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, Secunet Security Networks AG ranks #2239 out of 2626 companies for PB Ratio. This places Secunet Security Networks AG in the lower half of its industry. The industry median PB Ratio is 2.42. Secunet Security Networks AG's value of 6.92 is 186% above this benchmark. Historically, Secunet Security Networks AG's own PB Ratio has ranged from 4.32 to 36.84 over the past decade. While the company's 10-year median is 10.36 vs. the industry median of 2.42, Secunet Security Networks AG 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 2.42, based on 2,626 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. Secunet Security Networks AG's current PB Ratio of 6.92 is 186% 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 Secunet Security Networks AG 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. Secunet Security Networks AG's current PB Ratio is 6.92, which is 33% below median its own 10-year median of 10.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Secunet Security Networks AG stock overvalued right now?
Based on GuruFocus' analysis, Secunet Security Networks AG (XTER:YSN) is currently considered Modestly Undervalued. The stock's GF Value™ is €205.94, compared to a current price of €178.60 — trading 13.3% below its estimated fair value. The current PB Ratio is 6.92, which is 33% below median its 10-year median of 10.36 and 186% above the Software industry median of 2.42. Secunet Security Networks AG's overall GF Score™ is 90/100 with 4 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 Secunet Security Networks AG (XTER:YSN), the current PB Ratio is 6.92 as of Jul. 08, 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 Secunet Security Networks AG (XTER:YSN) Overvalued in 2026?
Based on GuruFocus' analysis, Secunet Security Networks AG stock appears to be undervalued.
The current stock price of €178.60 is trading 13.3% below its estimated GF Value™ of €205.94.
GuruFocus considers Secunet Security Networks AG to be Modestly Undervalued.
Key valuation signals for XTER:YSN:
PB Ratio: 6.92 (33% below median its 10-year median of 10.36)
GF Value™: €205.94 vs. price of €178.60 (13.3% below fair value)
Industry Position: 186% above the Software median (#2239 of 2626)
No single metric tells the full story. See the XTER:YSN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Secunet Security Networks AG is an IT and telecommunications security provider. It offers public-sector clients and private-sector companies a comprehensive portfolio of products and consulting services for the protection of data, infrastructures, and digital identities as well as for information transmission, storage, and processing. Its services include consulting on IT security, software development, development, integration, operations, maintenance, and support of products. The company operates through two divisions, Public Sector, and Business Sector. The company generates maximum revenue from Public Sector.
90GF Score
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