Tick Trading Software AG (FRA:TBX0) ROE % Adjusted to Book Value: 8.44% (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

FRA:TBX0 Tick Trading Software AG FRA:TBX0
78 GF Score
Price €7.25
GF Value €8.16
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Tick Trading Software AG ROE % Adjusted to Book Value?

Tick Trading Software AG FRA:TBX0 78 ROE % Adjusted to Book Value is 8.44% as of Mar. 2026. GuruFocus rates FRA:TBX0 with a GF Score™ of 78/100 and a GF Value™ of €8.16 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Tick Trading Software AG's ROE % for the quarter that ended in Mar. 2026 was 25.66%. Tick Trading Software AG's PB Ratio for the quarter that ended in Mar. 2026 was 3.04. Tick Trading Software AG's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 8.44%.


Tick Trading Software AG ROE % Adjusted to Book Value Related Terms


Tick Trading Software AG ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Tick Trading Software AG's ROE % Adjusted to Book Value 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.

Tick Trading Software AG ROE % Adjusted to Book Value Chart

Tick Trading Software AG Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.23 4.96 4.79 8.01 15.68

Tick Trading Software AG Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROE % Adjusted to Book Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.36 8.63 14.14 12.21 8.44

FRA:TBX0 vs CRM, SHOP, UBER: ROE % Adjusted to Book Value Comparison

For the Software - Application subindustry, Tick Trading Software AG's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.


Tick Trading Software AG ROE % Adjusted to Book Value vs Software Industry

For the Software industry and Technology sector, Tick Trading Software AG's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Tick Trading Software AG's ROE % Adjusted to Book Value falls into.


FRA:TBX0
78GF Score
Tick Trading Software AG FRA:TBX0
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tick Trading Software AG ROE % Adjusted to Book Value Calculation

Tick Trading Software AG's ROE % Adjusted to Book Value for the fiscal year that ended in Sep. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=52.21% / 3.33
=15.68%

Tick Trading Software AG's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=25.66% / 3.04
=8.44%

* 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.

What does a ROE % Adjusted to Book Value of 8.44% mean?
Tick Trading Software AG (FRA:TBX0) has a ROE % Adjusted to Book Value of 8.44% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Tick Trading Software AG and its competitors.
Is Tick Trading Software AG's ROE % Adjusted to Book Value too high?
Tick Trading Software AG's current ROE % Adjusted to Book Value is 8.44%. Overall, Tick Trading Software AG has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tick Trading Software AG's ROE % Adjusted to Book Value compare to CRM and SHOP?
Tick Trading Software AG's ROE % Adjusted to Book Value of 8.44% can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Software company?
A good ROE % Adjusted to Book Value depends on the Software industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Tick Trading Software AG and its competitors. Tick Trading Software AG's current ROE % Adjusted to Book Value is 8.44%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tick Trading Software AG stock overvalued right now?
Based on GuruFocus' analysis, Tick Trading Software AG (FRA:TBX0) is currently considered Modestly Undervalued. The stock's GF Value™ is €8.16, compared to a current price of €7.25 — trading 11.2% below its estimated fair value. The current ROE % Adjusted to Book Value is 8.44%. Tick Trading Software AG's overall GF Score™ is 78/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Tick Trading Software AG (FRA:TBX0), the current ROE % Adjusted to Book Value is 8.44% as of Mar. 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 Tick Trading Software AG (FRA:TBX0) Overvalued in 2026?

Based on GuruFocus' analysis, Tick Trading Software AG stock appears to be undervalued. The current stock price of €7.25 is trading 11.2% below its estimated GF Value™ of €8.16. GuruFocus considers Tick Trading Software AG to be Modestly Undervalued.

Key valuation signals for FRA:TBX0:

  • ROE % Adjusted to Book Value: 8.44%
  • GF Value™: €8.16 vs. price of €7.25 (11.2% below fair value)
  • GF Score™: 78/100 with 5 warning signs

No single metric tells the full story. See the FRA:TBX0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tick Trading Software AG Business Description

Other Exchanges TBX0:Germany
Address Berliner Allee 59, Dusseldorf,, NW, DEU, 40212
Tick Trading Software AG develops and distributes software packages for professional trading. The company's products are the TBMX Trading Platform, tick-TS Cloud, e-Trading Compliance Monitor, and others. tick Trading Software AG is active in the field of programming IT software; The focus here is on the programming of EDP software in the financial services segment (stock market software, trading software, etc.). In addition, it offers its customers "Software as a Service" housing and hosting of complex server systems for stock exchange trading in combination with its software solutions.
78GF Score

Get the complete analysis for FRA:TBX0

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€7.25
Price
€8.16
GF Value