Adtran Networks SEADVOF 55 PB Ratio is 2.77 as of Jun. 29, 2026, which is 28% above its 10-year median of 2.17. GuruFocus rates ADVOF with a GF Score™ of 55/100 and a GF Value™ of $21.22. The stock has 4 warning signs investors should review. Among 2,417 Hardware companies, Adtran Networks SE ranks worse than 59.5% on this metric.
Adtran Networks SE stock PB Ratio (=3.05) is close to 10-year high of 3.34.
The historical rank and industry rank for Adtran Networks SE's PB Ratio or its related term are showing as below:
ADVOF'
s PB Ratio Range Over the Past 10 Years
Min: 0.87 Med: 2.17 Max: 3.34
Current: 3.05
During the past 13 years, Adtran Networks SE's highest PB Ratio was 3.34. The lowest was 0.87. And the median was 2.17.
ADVOF's PB Ratio is ranked worse than 59.5% of 2417
companies
in the Hardware industry
Industry Median: 2.34
vs ADVOF: 3.05
During the past 3 years, the average Book Value Per Share Growth Rate was 1.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 6.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Adtran Networks SE was 26.60% per year. The lowest was -10.40% per year. And the median was 9.30% per year.
Back to Basics: PB Ratio
Adtran Networks SE (OTCPK:ADVOF) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Adtran Networks SE PB Ratio Related Terms
Adtran Networks SE PB Ratio Historical Data
* Premium members only.
The historical data trend for Adtran Networks SE's PB Ratio 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.
For the Communication Equipment subindustry, Adtran Networks SE's PB Ratio, along with its competitors' market caps and PB Ratio 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.
Adtran Networks SE PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Adtran Networks SE's PB Ratio distribution charts can be found below:
* The bar in red indicates where Adtran Networks SE's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Adtran Networks SE (ADVOF) has a PB Ratio of 2.77 as of Jun. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Adtran Networks SE and its competitors. This is 28% above median its historical median of 2.17. Over the past decade, Adtran Networks SE's PB Ratio has ranged from 0.87 to 3.34. According to the industry distribution chart, Adtran Networks SE ranks #1438 out of 2417 companies in the Hardware industry, placing it in the top 59.5%.
Is Adtran Networks SE's PB Ratio too high?
Adtran Networks SE's current PB Ratio of 2.77 is 28% above median its 10-year median of 2.17. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 3.34. The Hardware industry median PB Ratio is 2.34. Adtran Networks SE's value of 2.77 is 18.4% above this industry median. Based on the distribution chart, Adtran Networks SE ranks #1438 out of 2417 companies in the Hardware industry, which is below the industry midpoint. Overall, Adtran Networks SE has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Adtran Networks SE's PB Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Adtran Networks SE ranks #1438 out of 2417 companies for PB Ratio. This places Adtran Networks SE in the lower half of its industry. The industry median PB Ratio is 2.34. Adtran Networks SE's value of 2.77 is 18.4% above this benchmark. Historically, Adtran Networks SE's own PB Ratio has ranged from 0.87 to 3.34 over the past decade. While the company's 10-year median is 2.17 vs. the industry median of 2.34, Adtran Networks SE has consistently been above 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 PB Ratio for a Hardware company?
The median PB Ratio among Hardware companies is 2.34, based on 2,417 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Adtran Networks SE's current PB Ratio of 2.77 is 18.4% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Adtran Networks SE and its competitors. For the Hardware industry, the median PB Ratio is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adtran Networks SE's current PB Ratio is 2.77, which is 28% above median its own 10-year median of 2.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adtran Networks SE stock overvalued right now?
Adtran Networks SE (ADVOF) has a current PB Ratio of 2.77. The stock's GF Value™ is $21.22, compared to a current price of $24.19 — trading 14% above its estimated fair value. The current PB Ratio is 2.77, which is 28% above median its 10-year median of 2.17 and 18.4% above the Hardware industry median of 2.34. Adtran Networks SE's overall GF Score™ is 55/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Adtran Networks SE (ADVOF), the current PB Ratio is 2.77 as of Jun. 29, 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 Adtran Networks SE (ADVOF) Overvalued in 2026?
Based on GuruFocus' analysis, Adtran Networks SE stock appears to be overvalued.
The current stock price of $24.19 is trading 14% above its estimated GF Value™ of $21.22.
Key valuation signals for ADVOF:
PB Ratio: 2.77 (28% above median its 10-year median of 2.17)
GF Value™: $21.22 vs. price of $24.19 (14% above fair value)
Industry Position: 18.4% above the Hardware median (#1438 of 2417)
No single metric tells the full story. See the ADVOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Adtran Networks SE develops, manufactures, and sells optical and Ethernet-based networking solutions to telecommunications carriers and enterprises to deliver data, storage, voice, and video services. Company segment includes: Network Solutions; and Services and Support,These systems are used by telecommunications service providers, private companies, universities, and government agencies. Some of its product categories are Open optical transport, Packet edge and aggregation, Disaggregated networking, Network virtualization, Network infrastructure assurance, and Automated network management. ADVA's geographical segments are United States, United Kingdom, Germany and Other international generating key revenue from United States.
55GF Score
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