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Magis SpAMIL:MGS 61 Price-to-Tangible-Book is 1.36 as of Sep. 22, 2026. GuruFocus rates MIL:MGS with a GF Score™ of 61/100 and a GF Value™ of €9.80 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,547 Chemicals companies, Magis SpA ranks better than 66.06% on this metric.
As of today (2026-09-22), Magis SpA's share price is €9.25. Magis SpA's Tangible Book per Share of Dec. 2025 for the quarter that ended in Dec. 2025 was €6.82. Hence, Magis SpA's Price to Tangible Book Ratio of today is 1.36.
The historical rank and industry rank for Magis SpA's Price-to-Tangible-Book or its related term are showing as below:
MIL:MGS'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.24 Med: 1.59 Max: 2.74
Current: 1.27
During the past 6 years, Magis SpA's highest Price to Tangible Book Ratio was 2.74. The lowest was 1.24. And the median was 1.59.
MIL:MGS's Price-to-Tangible-Book is ranked better than 66.06% of 1547
companies
in the Chemicals industry
Industry Median: 1.91
vs MIL:MGS: 1.27
A closely related ratio is called PB Ratio. As of today, Magis SpA's share price is €9.25. Magis SpA's Book Value per Sharefor the quarter that ended in Dec. 2025 was €7.28. Hence, Magis SpA's P/B Ratio of today is 1.27.
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.
Magis SpA Price-to-Tangible-Book Related Terms
Magis SpA Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Magis 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:MGS vs LIN, SHW, ECL: Price-to-Tangible-Book Comparison
For the Specialty Chemicals subindustry, Magis 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.
Magis SpA Price-to-Tangible-Book vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Magis SpA's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Magis 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.
Magis SpA (MIL:MGS) has a Price-to-Tangible-Book of 1.36 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 Magis SpA and its competitors. According to the industry distribution chart, Magis SpA ranks #525 out of 1547 companies in the Chemicals industry, placing it in the top 33.9%.
Is Magis SpA's Price-to-Tangible-Book too high?
Magis SpA's current Price-to-Tangible-Book is 1.36. The Chemicals industry median Price-to-Tangible-Book is 1.91. Magis SpA's value of 1.36 is 28.8% below this industry median. Based on the distribution chart, Magis SpA ranks #525 out of 1547 companies in the Chemicals industry, which is above the industry midpoint. Overall, Magis SpA has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Magis SpA's Price-to-Tangible-Book compare to LIN and SHW?
According to the Chemicals industry distribution chart, Magis SpA ranks #525 out of 1547 companies for Price-to-Tangible-Book. This puts Magis SpA in the upper half of its industry. The industry median Price-to-Tangible-Book is 1.91. Magis SpA's value of 1.36 is 28.8% 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 Chemicals company?
The median Price-to-Tangible-Book among Chemicals companies is 1.91, based on 1,547 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. Magis SpA's current Price-to-Tangible-Book of 1.36 is 28.8% 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 Magis SpA and its competitors. For the Chemicals industry, the median Price-to-Tangible-Book is 1.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magis SpA's current Price-to-Tangible-Book is 1.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magis SpA stock overvalued right now?
Based on GuruFocus' analysis, Magis SpA (MIL:MGS) is currently considered Fairly Valued. The stock's GF Value™ is €9.80, compared to a current price of €9.25 — trading 5.6% below its estimated fair value. The current Price-to-Tangible-Book is 1.36 and 28.8% below the Chemicals industry median of 1.91. Magis SpA's overall GF Score™ is 61/100 with 1 warning sign 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 Magis SpA (MIL:MGS), the current Price-to-Tangible-Book is 1.36 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.
Is Magis SpA (MIL:MGS) Overvalued in 2026?
Based on GuruFocus' analysis, Magis SpA stock appears to be undervalued.
The current stock price of €9.25 is trading 5.6% below its estimated GF Value™ of €9.80.
GuruFocus considers Magis SpA to be Fairly Valued.
Key valuation signals for MIL:MGS:
Price-to-Tangible-Book: 1.36
GF Value™: €9.80 vs. price of €9.25 (5.6% below fair value)
Industry Position: 28.8% below the Chemicals median (#525 of 1547)
No single metric tells the full story. See the MIL:MGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Magis SpA is an Italian manufacturer of adhesive tapes and closure systems, primarily serving the hygiene and industrial markets. The company produces customized fastening solutions for disposable baby diapers and adult incontinence products, including frontal tape, side tape, and hook-and-loop closure systems. Its broader adhesive tape portfolio covers BOPP, BOPET, duct, crepe, and MOPP tapes used in packaging, masking, and industrial applications. Magis supplies diaper and hygiene product manufacturers, converters, and industrial customers, with production based in Italy and sales across Europe and other international markets. Revenue is generated through the sale of manufactured tape and closure products, with custom engineering and converting services for hygiene producers forming a significant part of its business. The company operates as a specialized supplier within the disposable hygiene supply chain.
61GF Score
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