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TagMaster ABFRA:2I40 -3.18%89 PB Ratio is 1.51 as of Aug. 29, 2026, which is 9% above its 10-year median of 1.38. GuruFocus rates FRA:2I40 with a GF Score™ of 89/100 and a GF Value™ of €3.29 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,412 Hardware companies, TagMaster AB ranks better than 64.72% 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 (2026-08-29), TagMaster AB's share price is €2.74. TagMaster AB's Book Value per Share for the quarter that ended in Jun. 2026 was €1.82. Hence, TagMaster AB's PB Ratio of today is 1.51.
The historical rank and industry rank for TagMaster AB's PB Ratio or its related term are showing as below:
FRA:2I40'
s PB Ratio Range Over the Past 10 Years
Min: 0.58 Med: 1.38 Max: 9.54
Current: 1.56
During the past 13 years, TagMaster AB's highest PB Ratio was 9.54. The lowest was 0.58. And the median was 1.38.
FRA:2I40's PB Ratio is ranked better than 64.72% of 2412
companies
in the Hardware industry
Industry Median: 2.3
vs FRA:2I40: 1.56
During the past 12 months, TagMaster AB's average Book Value Per Share Growth Rate was 15.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 9.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 12.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of TagMaster AB was 99.80% per year. The lowest was -41.10% per year. And the median was 12.70% 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.
TagMaster AB PB Ratio Related Terms
TagMaster AB PB Ratio Historical Data
* Premium members only.
The historical data trend for TagMaster 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.
For the Communication Equipment subindustry, TagMaster 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.
TagMaster AB PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, TagMaster AB's PB Ratio distribution charts can be found below:
* The bar in red indicates where TagMaster AB'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.
TagMaster AB'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.
TagMaster AB (FRA:2I40) has a PB Ratio of 1.51 as of Aug. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on TagMaster AB and its competitors. This is near median its historical median of 1.38. Over the past decade, TagMaster AB's PB Ratio has ranged from 0.58 to 9.54. According to the industry distribution chart, TagMaster AB ranks #851 out of 2412 companies in the Hardware industry, placing it in the top 35.3%.
Is TagMaster AB's PB Ratio too high?
TagMaster AB's current PB Ratio of 1.51 is near median its 10-year median of 1.38. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 9.54. The Hardware industry median PB Ratio is 2.30. TagMaster AB's value of 1.51 is 34.3% below this industry median. Based on the distribution chart, TagMaster AB ranks #851 out of 2412 companies in the Hardware industry, which is above the industry midpoint. Overall, TagMaster AB has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TagMaster AB's PB Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, TagMaster AB ranks #851 out of 2412 companies for PB Ratio. This puts TagMaster AB in the upper half of its industry. The industry median PB Ratio is 2.30. TagMaster AB's value of 1.51 is 34.3% below this benchmark. Historically, TagMaster AB's own PB Ratio has ranged from 0.58 to 9.54 over the past decade. While the company's 10-year median is 1.38 vs. the industry median of 2.30, TagMaster 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 2.30, based on 2,412 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. TagMaster AB's current PB Ratio of 1.51 is 34.3% 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 TagMaster AB and its competitors. For the Hardware industry, the median PB Ratio is 2.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TagMaster AB's current PB Ratio is 1.51, which is near median its own 10-year median of 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TagMaster AB stock overvalued right now?
Based on GuruFocus' analysis, TagMaster AB (FRA:2I40) is currently considered Modestly Undervalued. The stock's GF Value™ is €3.29, compared to a current price of €2.74 — trading 16.7% below its estimated fair value. The current PB Ratio is 1.51, which is near median its 10-year median of 1.38 and 34.3% below the Hardware industry median of 2.30. TagMaster AB's overall GF Score™ is 89/100 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 TagMaster AB (FRA:2I40), the current PB Ratio is 1.51 as of Aug. 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 TagMaster AB (FRA:2I40) Overvalued in 2026?
Based on GuruFocus' analysis, TagMaster AB stock appears to be undervalued.
The current stock price of €2.74 is trading 16.7% below its estimated GF Value™ of €3.29.
GuruFocus considers TagMaster AB to be Modestly Undervalued.
Key valuation signals for FRA:2I40:
PB Ratio: 1.51 (near median its 10-year median of 1.38)
GF Value™: €3.29 vs. price of €2.74 (16.7% below fair value)
Industry Position: 34.3% below the Hardware median (#851 of 2412)
No single metric tells the full story. See the FRA:2I40 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TagMaster AB is engaged in technology business sector. The company develops and sells advanced sensor systems and solutions based on radio, radar and camera technologies. The company's products are used in the areas of parking, traffic situations, electronic toll systems, and public transport. The company operates through various business segments that are Traffic and Rail. The Traffic segment generates maximum revenue for the company. Geographically, the company offers its services to the America's, EMEA and Asia Pacific.
89GF Score
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