Hexatronic Group AB (CHIX:HTROS) PB Ratio: 1.92 (As of Jul. 18, 2026) — 50% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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CHIX:HTROS Hexatronic Group AB CHIX:HTROS
72 GF Score
Price kr38.22
GF Value kr25.68
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Hexatronic Group AB PB Ratio?

Hexatronic Group AB CHIX:HTROS 72 PB Ratio is 1.92 as of Jul. 18, 2026, which is 50% below its 10-year median of 3.83. GuruFocus rates CHIX:HTROS with a GF Score™ of 72/100 and a GF Value™ of kr25.68 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 2,419 Hardware companies, Hexatronic Group AB ranks worse than 50.43% on this metric.

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. As of today (2026-07-18), Hexatronic Group AB's share price is kr38.22. Hexatronic Group AB's Book Value per Share for the quarter that ended in Jun. 2026 was kr19.93. Hence, Hexatronic Group AB's PB Ratio of today is 1.92.

The historical rank and industry rank for Hexatronic Group AB's PB Ratio or its related term are showing as below:

CHIX:HTROs' s PB Ratio Range Over the Past 10 Years
Min: 0.96   Med: 3.83   Max: 19.88
Current: 2.28

During the past 13 years, Hexatronic Group AB's highest PB Ratio was 19.88. The lowest was 0.96. And the median was 3.83.

CHIX:HTROs's PB Ratio is ranked worse than
50.43% of 2419 companies
in the Hardware industry
Industry Median: 2.25 vs CHIX:HTROs: 2.28

During the past 12 months, Hexatronic Group AB's average Book Value Per Share Growth Rate was 7.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 35.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 33.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hexatronic Group AB was 119.90% per year. The lowest was -39.30% per year. And the median was 20.50% per year.

Back to Basics: PB Ratio


Hexatronic Group AB  (CHIX:HTROs) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Hexatronic Group AB PB Ratio Related Terms


Hexatronic Group AB PB Ratio Historical Data

* Premium members only.

The historical data trend for Hexatronic Group AB'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.

Hexatronic Group AB PB Ratio Chart

Hexatronic Group AB Annual Data
Trend Aug16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.36 10.42 1.41 2.31 1.36

Hexatronic Group AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
PB Ratio 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 1.32 1.30 1.36 1.89 1.92

CHIX:HTROS vs CSCO, CIEN, MSI: PB Ratio Comparison

For the Communication Equipment subindustry, Hexatronic Group AB'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.


Hexatronic Group AB PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Hexatronic Group AB's PB Ratio distribution charts can be found below:

* The bar in red indicates where Hexatronic Group AB's PB Ratio falls into.


CHIX:HTROS
72GF Score
Hexatronic Group AB CHIX:HTROS
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hexatronic Group AB PB Ratio Calculation

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.

Hexatronic Group AB's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=38.22/19.93
=1.92

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.92 mean?
Hexatronic Group AB (CHIX:HTROS) has a PB Ratio of 1.92 as of Jul. 18, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hexatronic Group AB and its competitors. This is 50% below median its historical median of 3.83. Over the past decade, Hexatronic Group AB's PB Ratio has ranged from 0.96 to 19.88. According to the industry distribution chart, Hexatronic Group AB ranks #1220 out of 2419 companies in the Hardware industry, placing it in the top 50.4%.
Is Hexatronic Group AB's PB Ratio too high?
Hexatronic Group AB's current PB Ratio of 1.92 is 50% below median its 10-year median of 3.83. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 19.88. The Hardware industry median PB Ratio is 2.25. Hexatronic Group AB's value of 1.92 is 14.7% below this industry median. Based on the distribution chart, Hexatronic Group AB ranks #1220 out of 2419 companies in the Hardware industry, which is below the industry midpoint. Overall, Hexatronic Group AB has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hexatronic Group AB's PB Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Hexatronic Group AB ranks #1220 out of 2419 companies for PB Ratio. This places Hexatronic Group AB in the lower half of its industry. The industry median PB Ratio is 2.25. Hexatronic Group AB's value of 1.92 is 14.7% below this benchmark. Historically, Hexatronic Group AB's own PB Ratio has ranged from 0.96 to 19.88 over the past decade. While the company's 10-year median is 3.83 vs. the industry median of 2.25, Hexatronic Group AB has consistently been below 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 2.25, based on 2,419 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. Hexatronic Group AB's current PB Ratio of 1.92 is 14.7% 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 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 Hexatronic Group AB and its competitors. For the Hardware industry, the median PB Ratio is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hexatronic Group AB's current PB Ratio is 1.92, which is 50% below median its own 10-year median of 3.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hexatronic Group AB stock overvalued right now?
Based on GuruFocus' analysis, Hexatronic Group AB (CHIX:HTROS) is currently considered Modestly Overvalued. The stock's GF Value™ is kr25.68, compared to a current price of kr38.22 — trading 48.8% above its estimated fair value. The current PB Ratio is 1.92, which is 50% below median its 10-year median of 3.83 and 14.7% below the Hardware industry median of 2.25. Hexatronic Group AB's overall GF Score™ is 72/100 with 9 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 Hexatronic Group AB (CHIX:HTROS), the current PB Ratio is 1.92 as of Jul. 18, 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 Hexatronic Group AB (CHIX:HTROS) Overvalued in 2026?

Based on GuruFocus' analysis, Hexatronic Group AB stock appears to be overvalued. The current stock price of kr38.22 is trading 48.8% above its estimated GF Value™ of kr25.68. GuruFocus considers Hexatronic Group AB to be Modestly Overvalued.

Key valuation signals for CHIX:HTROS:

  • PB Ratio: 1.92 (50% below median its 10-year median of 3.83)
  • GF Value™: kr25.68 vs. price of kr38.22 (48.8% above fair value)
  • GF Score™: 72/100 with 9 warning signs
  • Industry Position: 14.7% below the Hardware median (#1220 of 2419)

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


Hexatronic Group AB Business Description

Address Sofierogatan 3A, Gothenburg, SWE, SE-412 51
Hexatronic Group AB is a technology group specialized in fiber communications products. The company supplies fiber optic products and solutions, and a complete range of passive infrastructure for telecom companies. The company offers products such as Fiber Solutions, including cables, Microtubules and bundles of microtubules, as well as Accessories for Cables and microducts. Additionally, it provides installation services. Wireless solutions include 5G and Wireless network infrastructure, along with the InOne Powered Fibersystem. For harsh environments, the company offers dynamic cables, Connectivity Solutions, and sensor systems. The company operates in Sweden, Europe (other than Sweden), North America, and APAC, with the majority of revenue from Europe and North America.
72GF Score

Get the complete analysis for CHIX:HTROS

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr38.22
Price
kr25.68
GF Value