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.
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.
The historical rank and industry rank for Safeguard Scientifics's Price-to-Tangible-Book or its related term are showing as below:
SFES's Price-to-Tangible-Book is not ranked *
in the Asset Management industry.
Industry Median: 0.92 * Ranked among companies with meaningful Price-to-Tangible-Book only.
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.
Safeguard Scientifics Price-to-Tangible-Book Related Terms
Safeguard Scientifics Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Safeguard Scientifics'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.
SFES vs PIAC, EQS, RMCO: Price-to-Tangible-Book Comparison
For the Asset Management subindustry, Safeguard Scientifics'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.
Safeguard Scientifics Price-to-Tangible-Book vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Safeguard Scientifics's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Safeguard Scientifics'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.
Safeguard Scientifics (SFES) has a Price-to-Tangible-Book of 1.22 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 Safeguard Scientifics and its competitors.
Is Safeguard Scientifics' Price-to-Tangible-Book too high?
Safeguard Scientifics' current Price-to-Tangible-Book is 1.22. The Asset Management industry median Price-to-Tangible-Book is 0.92. Safeguard Scientifics' value of 1.22 is 32.6% above this industry median. Overall, Safeguard Scientifics has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Safeguard Scientifics' Price-to-Tangible-Book compare to PIAC and EQS?
Safeguard Scientifics' Price-to-Tangible-Book of 1.22 can be compared against companies in the Asset Management industry. The industry median Price-to-Tangible-Book is 0.92. Safeguard Scientifics' value of 1.22 is 32.6% above 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 an Asset Management company?
The median Price-to-Tangible-Book among Asset Management companies is 0.92, based on 1,522 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. Safeguard Scientifics's current Price-to-Tangible-Book of 1.22 is 32.6% 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 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 Safeguard Scientifics and its competitors. For the Asset Management industry, the median Price-to-Tangible-Book is 0.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Safeguard Scientifics's current Price-to-Tangible-Book is 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safeguard Scientifics stock overvalued right now?
Safeguard Scientifics (SFES) has a current Price-to-Tangible-Book of 1.22. The current Price-to-Tangible-Book is 1.22 and 32.6% above the Asset Management industry median of 0.92. Safeguard Scientifics' overall GF Score™ is 12/100. 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 Safeguard Scientifics (SFES), the current Price-to-Tangible-Book is 1.22 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.
Safeguard Scientifics Inc is a holding/investment monetization company managing legacy portfolio investments, rather than an actively growing venture investor. The firm offers strategic, operational, and management support to certain of its ownership interests. Representatives of the firm serve on the boards of directors of certain of its holding/investment companies, working with them to develop and implement strategic and operating plans.
12GF Score
Get the complete analysis for SFES
Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SFES has been successfully added to your 
