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NNIT ASCHIX:NNITC 46 PB Ratio is 2.17 as of Jul. 16, 2026, which is 17% below its 10-year median of 2.62. GuruFocus rates CHIX:NNITC with a GF Score™ of 46/100 and a GF Value™ of kr162.45. The stock has 2 warning signs investors should review. Among 2,629 Software companies, NNIT AS ranks better than 77.1% 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 (2026-07-16), NNIT AS's share price is kr68.50. NNIT AS's Book Value per Share for the quarter that ended in Dec. 2025 was kr31.56. Hence, NNIT AS's PB Ratio of today is 2.17.
Good Sign:
NNIT AS stock PB Ratio (=1.19) is close to 10-year low of 1.19.
The historical rank and industry rank for NNIT AS's PB Ratio or its related term are showing as below:
CHIX:NNITc'
s PB Ratio Range Over the Past 10 Years
Min: 1.19 Med: 2.62 Max: 9.25
Current: 1.19
During the past 13 years, NNIT AS's highest PB Ratio was 9.25. The lowest was 1.19. And the median was 2.62.
CHIX:NNITc's PB Ratio is ranked better than 77.1% of 2629
companies
in the Software industry
Industry Median: 2.42
vs CHIX:NNITc: 1.19
During the past 12 months, NNIT AS's average Book Value Per Share Growth Rate was -9.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -1.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -6.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -1.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of NNIT AS was 13.50% per year. The lowest was -11.70% per year. And the median was 3.80% per year.
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.
NNIT AS PB Ratio Related Terms
NNIT AS PB Ratio Historical Data
* Premium members only.
The historical data trend for NNIT AS'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 Information Technology Services subindustry, NNIT AS'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.
NNIT AS PB Ratio vs Software Industry
For the Software industry and Technology sector, NNIT AS's PB Ratio distribution charts can be found below:
* The bar in red indicates where NNIT AS'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.
NNIT AS's PB Ratio for today is calculated as follows:
* 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.
NNIT AS (CHIX:NNITC) has a PB Ratio of 2.17 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on NNIT AS and its competitors. This is 17% below median its historical median of 2.62. Over the past decade, NNIT AS's PB Ratio has ranged from 1.19 to 9.25. According to the industry distribution chart, NNIT AS ranks #602 out of 2629 companies in the Software industry, placing it in the top 22.9%.
Is NNIT AS's PB Ratio too high?
NNIT AS's current PB Ratio of 2.17 is 17% below median its 10-year median of 2.62. Over the past 10 years, this metric has ranged from a low of 1.19 to a high of 9.25. The Software industry median PB Ratio is 2.42. NNIT AS's value of 2.17 is 10.3% below this industry median. Based on the distribution chart, NNIT AS ranks #602 out of 2629 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, NNIT AS has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does NNIT AS's PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, NNIT AS ranks #602 out of 2629 companies for PB Ratio. This places NNIT AS in the top 23% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.42. NNIT AS's value of 2.17 is 10.3% below this benchmark. Historically, NNIT AS's own PB Ratio has ranged from 1.19 to 9.25 over the past decade. While the company's 10-year median is 2.62 vs. the industry median of 2.42, NNIT AS 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 Software company?
The median PB Ratio among Software companies is 2.42, based on 2,629 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. NNIT AS's current PB Ratio of 2.17 is 10.3% 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 NNIT AS and its competitors. For the Software industry, the median PB Ratio is 2.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NNIT AS's current PB Ratio is 2.17, which is 17% below median its own 10-year median of 2.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NNIT AS stock overvalued right now?
NNIT AS (CHIX:NNITC) has a current PB Ratio of 2.17. The stock's GF Value™ is kr162.45, compared to a current price of kr68.50 — trading 57.8% below its estimated fair value. The current PB Ratio is 2.17, which is 17% below median its 10-year median of 2.62 and 10.3% below the Software industry median of 2.42. NNIT AS's overall GF Score™ is 46/100 with 2 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 NNIT AS (CHIX:NNITC), the current PB Ratio is 2.17 as of Jul. 16, 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 NNIT AS (CHIX:NNITC) Overvalued in 2026?
Based on GuruFocus' analysis, NNIT AS stock appears to be undervalued.
The current stock price of kr68.50 is trading 57.8% below its estimated GF Value™ of kr162.45.
Key valuation signals for CHIX:NNITC:
PB Ratio: 2.17 (17% below median its 10-year median of 2.62)
GF Value™: kr162.45 vs. price of kr68.50 (57.8% below fair value)
Industry Position: 10.3% below the Software median (#602 of 2629)
No single metric tells the full story. See the CHIX:NNITC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NNIT AS is a Denmark-based company that offers consultancy services in IT (Information Technology) development, implementation, and operations. The services provided by the company include advising, building, implementing, managing, and supporting IT solutions and operating IT systems for customers. The company's reporting segment comprises of Region Denmark; Region Europe; Region USA, and Region Asia out of which Region Denmark derives the majority of revenue.
46GF Score
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