Estrima SpA (MIL:ESTM) Price-to-Tangible-Book: 0.54 (As of Sep. 22, 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.

What is Estrima SpA Price-to-Tangible-Book?

Estrima SpA MIL:ESTM -3.97% Price-to-Tangible-Book is 0.54 as of Sep. 22, 2026. The stock has 3 warning signs investors should review. Among 1,244 Vehicles & Parts companies, Estrima SpA ranks better than 88.1% on this metric.

As of today (2026-09-22), Estrima SpA's share price is €0.0876. Estrima SpA's Tangible Book per Share of Dec. 2025 for the quarter that ended in Dec. 2025 was €0.16. Hence, Estrima SpA's Price to Tangible Book Ratio of today is 0.54.

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

MIL:ESTM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.41   Med: 0.72   Max: 1.14
Current: 0.42

During the past 8 years, Estrima SpA's highest Price to Tangible Book Ratio was 1.14. The lowest was 0.41. And the median was 0.72.

MIL:ESTM's Price-to-Tangible-Book is ranked better than
88.1% of 1244 companies
in the Vehicles & Parts industry
Industry Median: 1.55 vs MIL:ESTM: 0.42

A closely related ratio is called PB Ratio. As of today, Estrima SpA's share price is €0.0876. Estrima SpA's Book Value per Sharefor the quarter that ended in Dec. 2025 was €0.17. Hence, Estrima SpA's P/B Ratio of today is 0.50.


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.


Estrima SpA Price-to-Tangible-Book Related Terms


Estrima SpA Price-to-Tangible-Book Historical Data

* Premium members only.

The historical data trend for Estrima SpA'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.

Estrima SpA Price-to-Tangible-Book Chart

Estrima SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Price-to-Tangible-Book
Get a 7-Day Free Trial 2.93 2.53 1.87 1.75 0.80

Estrima SpA Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.87 1.27 1.75 1.54 0.80

MIL:ESTM vs TSLA, GM, F: Price-to-Tangible-Book Comparison

For the Auto Manufacturers subindustry, Estrima SpA'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.


Estrima SpA Price-to-Tangible-Book vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Estrima SpA's Price-to-Tangible-Book distribution charts can be found below:

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



Estrima SpA Price-to-Tangible-Book Calculation

Estrima SpA's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2025 )
=0.0876/0.161
=0.54

* 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.

Frequently Asked Questions Learn more about Price-to-Tangible-Book →
What does a Price-to-Tangible-Book of 0.54 mean?
Estrima SpA (MIL:ESTM) has a Price-to-Tangible-Book of 0.54 as of Sep. 22, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Estrima SpA and its competitors. According to the industry distribution chart, Estrima SpA ranks #148 out of 1244 companies in the Vehicles & Parts industry, placing it in the top 11.9%.
Is Estrima SpA's Price-to-Tangible-Book too high?
Estrima SpA's current Price-to-Tangible-Book is 0.54. The Vehicles & Parts industry median Price-to-Tangible-Book is 1.55. Estrima SpA's value of 0.54 is 65.2% below this industry median. Based on the distribution chart, Estrima SpA ranks #148 out of 1244 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers.
How does Estrima SpA's Price-to-Tangible-Book compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Estrima SpA ranks #148 out of 1244 companies for Price-to-Tangible-Book. This places Estrima SpA in the top 12% of its industry — outperforming the majority of peers. The industry median Price-to-Tangible-Book is 1.55. Estrima SpA's value of 0.54 is 65.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a Vehicles & Parts company?
The median Price-to-Tangible-Book among Vehicles & Parts companies is 1.55, based on 1,244 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Estrima SpA's current Price-to-Tangible-Book of 0.54 is 65.2% below 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Estrima SpA and its competitors. For the Vehicles & Parts industry, the median Price-to-Tangible-Book is 1.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Estrima SpA's current Price-to-Tangible-Book is 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Estrima SpA stock overvalued right now?
Based on GuruFocus' analysis, Estrima SpA (MIL:ESTM) is currently considered Possible Value Trap. The stock's GF Value™ is €0.20, compared to a current price of €0.09 — trading 56.2% below its estimated fair value. The current Price-to-Tangible-Book is 0.54 and 65.2% below the Vehicles & Parts industry median of 1.55. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Estrima SpA (MIL:ESTM), the current Price-to-Tangible-Book is 0.54 as of Sep. 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.

Estrima SpA Business Description

Address Via Roveredo 20/b, Pordenone, ITA, 33170
Estrima SpA is engaged in designing, manufacturing and distribution of the small electric vehicles.