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Lemon Sistemi SpAMIL:LS +0.74%13 Price-to-Tangible-Book is 1.78 as of Aug. 24, 2026, which is 32% below its 10-year median of 2.62. GuruFocus rates MIL:LS with a GF Score™ of 13/100. The stock has 6 warning signs investors should review. Among 977 Semiconductors companies, Lemon Sistemi SpA ranks better than 72.77% on this metric.
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.
Lemon Sistemi SpA Price-to-Tangible-Book Related Terms
Lemon Sistemi SpA Price-to-Tangible-Book Historical Data
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The historical data trend for Lemon Sistemi 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.
MIL:LS vs FSLR, NXT, ENPH: Price-to-Tangible-Book Comparison
For the Solar subindustry, Lemon Sistemi 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.
Lemon Sistemi SpA Price-to-Tangible-Book vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Lemon Sistemi SpA's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Lemon Sistemi SpA's Price-to-Tangible-Book falls into.
* 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.
Lemon Sistemi SpA (MIL:LS) has a Price-to-Tangible-Book of 1.78 as of Aug. 24, 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 Lemon Sistemi SpA and its competitors. This is 32% below median its historical median of 2.62. Over the past decade, Lemon Sistemi SpA's Price-to-Tangible-Book has ranged from 1.78 to 3.07. According to the industry distribution chart, Lemon Sistemi SpA ranks #266 out of 977 companies in the Semiconductors industry, placing it in the top 27.2%.
Is Lemon Sistemi SpA's Price-to-Tangible-Book too high?
Lemon Sistemi SpA's current Price-to-Tangible-Book of 1.78 is 32% below median its 10-year median of 2.62. Over the past 10 years, this metric has ranged from a low of 1.78 to a high of 3.07. The Semiconductors industry median Price-to-Tangible-Book is 3.36. Lemon Sistemi SpA's value of 1.78 is 47% below this industry median. Based on the distribution chart, Lemon Sistemi SpA ranks #266 out of 977 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Lemon Sistemi SpA has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Lemon Sistemi SpA's Price-to-Tangible-Book compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Lemon Sistemi SpA ranks #266 out of 977 companies for Price-to-Tangible-Book. This puts Lemon Sistemi SpA in the upper half of its industry. The industry median Price-to-Tangible-Book is 3.36. Lemon Sistemi SpA's value of 1.78 is 47% below this benchmark. Historically, Lemon Sistemi SpA's own Price-to-Tangible-Book has ranged from 1.78 to 3.07 over the past decade. While the company's 10-year median is 2.62 vs. the industry median of 3.36, Lemon Sistemi SpA has consistently been below 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 Price-to-Tangible-Book for a Semiconductors company?
The median Price-to-Tangible-Book among Semiconductors companies is 3.36, based on 977 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. Lemon Sistemi SpA's current Price-to-Tangible-Book of 1.78 is 47% 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 Lemon Sistemi SpA and its competitors. For the Semiconductors industry, the median Price-to-Tangible-Book is 3.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lemon Sistemi SpA's current Price-to-Tangible-Book is 1.78, which is 32% below median its own 10-year median of 2.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lemon Sistemi SpA stock overvalued right now?
Lemon Sistemi SpA (MIL:LS) has a current Price-to-Tangible-Book of 1.78. The current Price-to-Tangible-Book is 1.78, which is 32% below median its 10-year median of 2.62 and 47% below the Semiconductors industry median of 3.36. Lemon Sistemi SpA's overall GF Score™ is 13/100 with 6 warning signs to review. 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 Lemon Sistemi SpA (MIL:LS), the current Price-to-Tangible-Book is 1.78 as of Aug. 24, 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.
Lemon Sistemi SpA is an Italian company that specializes in solar energy systems. It focuses on designing, installing, and maintaining photovoltaic systems for homes and businesses. Its product portfolio includes Sunpower photovoltaic, Solar Thermal, Renewable heating systems, Storage systems, and Electric car charging stations.
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