LSI Industries (FRA:LS2) Price-to-Tangible-Book: (As of Sep. 11, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

FRA:LS2 LSI Industries Inc FRA:LS2
88 GF Score
Price €16.10
GF Value €17.42
! 4 Warning Signs
View Full Analysis

What is LSI Industries Price-to-Tangible-Book?

As of today (2026-09-11), LSI Industries's share price is €16.10. LSI Industries's Tangible Book per Share of Jun. 2026 for the quarter that ended in Jun. 2026 was €-1.42. Hence, LSI Industries's Price to Tangible Book Ratio of today is .

The historical rank and industry rank for LSI Industries's Price-to-Tangible-Book or its related term are showing as below:

During the past 13 years, LSI Industries's highest Price to Tangible Book Ratio was 14.54. The lowest was 1.23. And the median was 4.73.

FRA:LS2's Price-to-Tangible-Book is not ranked *
in the Hardware industry.
Industry Median: 2.53
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, LSI Industries's share price is €16.10. LSI Industries's Book Value per Sharefor the quarter that ended in Jun. 2026 was €8.47. Hence, LSI Industries's P/B Ratio of today is 1.90.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


LSI Industries Price-to-Tangible-Book Related Terms


LSI Industries Price-to-Tangible-Book Historical Data

* Premium members only.

The historical data trend for LSI Industries's Price-to-Tangible-Book 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 Industries Price-to-Tangible-Book Chart

LSI Industries Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.86 5.02 5.68 5.52 0.00

LSI Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Price-to-Tangible-Book 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 5.52 6.68 5.19 0.00 0.00

FRA:LS2 vs LPTH, MEI, KOPN: Price-to-Tangible-Book Comparison

For the Electronic Components subindustry, LSI Industries's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Industries Price-to-Tangible-Book vs Hardware Industry

For the Hardware industry and Technology sector, LSI Industries's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where LSI Industries's Price-to-Tangible-Book falls into.


FRA:LS2
88GF Score
LSI Industries Inc FRA:LS2
Price-to-Tangible-Book is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LSI Industries Price-to-Tangible-Book Calculation

LSI Industries's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2026 )
=16.10/-1.423
=

* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Is LSI Industries (FRA:LS2) Overvalued in 2026?

Based on GuruFocus' analysis, LSI Industries stock appears to be undervalued. The current stock price of €16.10 is trading 7.6% below its estimated GF Value™ of €17.42.

Key valuation signals for FRA:LS2:

  • Price-to-Tangible-Book:
  • GF Value™: €17.42 vs. price of €16.10 (7.6% below fair value)
  • GF Score™: 88/100 with 4 warning signs

No single metric tells the full story. See the FRA:LS2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


LSI Industries Business Description

Other Exchanges LYTS:USALS2:Germany
Address 10000 Alliance Road, Cincinnati, OH, USA, 45242
LSI Industries Inc provides corporate visual image solutions to the petroleum and convenience store industry. The company's operating segments include Lighting and Display Solutions. It generates maximum revenue from the Display solutions segment. Lighting Segment manufactures and markets outdoor and indoor lighting and lighting controls for the commercial, industrial, and multi-site retail markets, including the petroleum/convenience store, quick-service, and automotive markets. The Display Solutions Segment manufactures, sells, and installs exterior and interior visual image and display elements, including printed graphics, structural graphics, digital signage, menu board systems, display fixtures, refrigerated displays, and custom display elements.
88GF Score

Get the complete analysis for FRA:LS2

Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€16.10
Price
€17.42
GF Value