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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.
Software Mansion S A Price-to-Tangible-Book Related Terms
Software Mansion S A Price-to-Tangible-Book Historical Data
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The historical data trend for Software Mansion S A'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.
WAR:SWM vs MSFT, PLTR, ORCL: Price-to-Tangible-Book Comparison
For the Software - Infrastructure subindustry, Software Mansion S A'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.
Software Mansion S A Price-to-Tangible-Book vs Software Industry
For the Software industry and Technology sector, Software Mansion S A's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Software Mansion S A'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.
Software Mansion S A (WAR:SWM) has a Price-to-Tangible-Book of 4.84 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 Software Mansion S A and its competitors. According to the industry distribution chart, Software Mansion S A ranks #1401 out of 2203 companies in the Software industry, placing it in the top 63.6%.
Is Software Mansion S A's Price-to-Tangible-Book too high?
Software Mansion S A's current Price-to-Tangible-Book is 4.84. The Software industry median Price-to-Tangible-Book is 3.37. Software Mansion S A's value of 4.84 is 43.6% above this industry median. Based on the distribution chart, Software Mansion S A ranks #1401 out of 2203 companies in the Software industry, which is below the industry midpoint. Overall, Software Mansion S A has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Software Mansion S A's Price-to-Tangible-Book compare to MSFT and PLTR?
According to the Software industry distribution chart, Software Mansion S A ranks #1401 out of 2203 companies for Price-to-Tangible-Book. This places Software Mansion S A in the lower half of its industry. The industry median Price-to-Tangible-Book is 3.37. Software Mansion S A's value of 4.84 is 43.6% 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 a Software company?
The median Price-to-Tangible-Book among Software companies is 3.37, based on 2,203 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. Software Mansion S A's current Price-to-Tangible-Book of 4.84 is 43.6% 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 Software Mansion S A and its competitors. For the Software industry, the median Price-to-Tangible-Book is 3.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Software Mansion S A's current Price-to-Tangible-Book is 4.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Software Mansion S A stock overvalued right now?
Based on GuruFocus' analysis, Software Mansion S A (WAR:SWM) is currently considered Possible Value Trap. The stock's GF Value™ is zł45.87, compared to a current price of zł17.00 — trading 62.9% below its estimated fair value. The current Price-to-Tangible-Book is 4.84 and 43.6% above the Software industry median of 3.37. Software Mansion S A's overall GF Score™ is 33/100 with 2 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 Software Mansion S A (WAR:SWM), the current Price-to-Tangible-Book is 4.84 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 Software Mansion S A (WAR:SWM) Overvalued in 2026?
Based on GuruFocus' analysis, Software Mansion S A stock appears to be undervalued.
The current stock price of zł17.00 is trading 62.9% below its estimated GF Value™ of zł45.87.
GuruFocus considers Software Mansion S A to be Possible Value Trap.
Key valuation signals for WAR:SWM:
Price-to-Tangible-Book: 4.84
GF Value™: zł45.87 vs. price of zł17.00 (62.9% below fair value)
Industry Position: 43.6% above the Software median (#1401 of 2203)
No single metric tells the full story. See the WAR:SWM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Software Mansion S A is Krakow based software company that deals with solving technological challenges for their clients and developing open-source technologies. It cooperates with a variety of clients, including technological start-ups from Silicon Valley and New York, as well as well-known companies with a stable position on the market. Their portfolio includes projects from industries such as Ed-Tech, Fin-Tech, blockchain, healthcare, e-commerce, multimedia and consumer applications.
33GF Score
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