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FRA:6HA's PB Ratio is ranked worse than 84.64% of 1602
companies
in the Asset Management industry
Industry Median: 0.96
vs FRA:6HA: 1.98
During the past 12 months, HA Sustainable Infrastructure Capital's average Book Value Per Share Growth Rate was -3.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 6.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of HA Sustainable Infrastructure Capital was 111.60% per year. The lowest was 2.80% per year. And the median was 7.45% per year.
Back to Basics: PB Ratio
HA Sustainable Infrastructure Capital (FRA:6HA) 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.
HA Sustainable Infrastructure Capital PB Ratio Related Terms
HA Sustainable Infrastructure Capital PB Ratio Historical Data
* 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.
HA Sustainable Infrastructure Capital PB Ratio Chart
For the Asset Management subindustry, HA Sustainable Infrastructure Capital'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.
HA Sustainable Infrastructure Capital PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, HA Sustainable Infrastructure Capital's PB Ratio distribution charts can be found below:
* The bar in red indicates where HA Sustainable Infrastructure Capital's PB Ratio falls into.
HA Sustainable Infrastructure Capital 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.
* 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.
HA Sustainable Infrastructure Capital (FRA:6HA) has a PB Ratio of 1.98 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on HA Sustainable Infrastructure Capital and its competitors. This is 10% above median its historical median of 1.80. Over the past decade, HA Sustainable Infrastructure Capital's PB Ratio has ranged from 0.78 to 4.44. According to the industry distribution chart, HA Sustainable Infrastructure Capital ranks #1356 out of 1602 companies in the Asset Management industry, placing it in the top 84.6%.
Is HA Sustainable Infrastructure Capital's PB Ratio too high?
HA Sustainable Infrastructure Capital's current PB Ratio of 1.98 is 10% above median its 10-year median of 1.80. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 4.44. The Asset Management industry median PB Ratio is 0.96. HA Sustainable Infrastructure Capital's value of 1.98 is 106.3% above this industry median. Based on the distribution chart, HA Sustainable Infrastructure Capital ranks #1356 out of 1602 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, HA Sustainable Infrastructure Capital has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does HA Sustainable Infrastructure Capital's PB Ratio compare to VCTR and OTF?
According to the Asset Management industry distribution chart, HA Sustainable Infrastructure Capital ranks #1356 out of 1602 companies for PB Ratio. This places HA Sustainable Infrastructure Capital in the lower half of its industry. The industry median PB Ratio is 0.96. HA Sustainable Infrastructure Capital's value of 1.98 is 106.3% above this benchmark. Historically, HA Sustainable Infrastructure Capital's own PB Ratio has ranged from 0.78 to 4.44 over the past decade. While the company's 10-year median is 1.80 vs. the industry median of 0.96, HA Sustainable Infrastructure Capital 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 an Asset Management company?
The median PB Ratio among Asset Management companies is 0.96, based on 1,602 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. HA Sustainable Infrastructure Capital's current PB Ratio of 1.98 is 106.3% 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 HA Sustainable Infrastructure Capital and its competitors. For the Asset Management industry, the median PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HA Sustainable Infrastructure Capital's current PB Ratio is 1.98, which is 10% above median its own 10-year median of 1.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HA Sustainable Infrastructure Capital stock overvalued right now?
HA Sustainable Infrastructure Capital (FRA:6HA) has a current PB Ratio of 1.98. The stock's GF Value™ is €20.46, compared to a current price of €32.77 — trading 60.2% above its estimated fair value. The current PB Ratio is 1.98, which is 10% above median its 10-year median of 1.80 and 106.3% above the Asset Management industry median of 0.96. HA Sustainable Infrastructure Capital's overall GF Score™ is 76/100 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 HA Sustainable Infrastructure Capital (FRA:6HA), the current PB Ratio is 1.98 as of Jul. 14, 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 HA Sustainable Infrastructure Capital (FRA:6HA) Overvalued in 2026?
Based on GuruFocus' analysis, HA Sustainable Infrastructure Capital stock appears to be overvalued.
The current stock price of €32.77 is trading 60.2% above its estimated GF Value™ of €20.46.
Key valuation signals for FRA:6HA:
PB Ratio: 1.98 (10% above median its 10-year median of 1.80)
GF Value™: €20.46 vs. price of €32.77 (60.2% above fair value)
Industry Position: 106.3% above the Asset Management median (#1356 of 1602)
No single metric tells the full story. See the FRA:6HA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HA Sustainable Infrastructure Capital Business Description
HA Sustainable Infrastructure Capital Inc is an investor in sustainable infrastructure assets advancing the energy transition. Its investment is focused on actively partnering with clients to deploy capital in income-generating real assets that are supported by long-term recurring cash flows. This enabled to the generation of attractive risk-adjusted returns and provided stockholders with diversified exposure to the energy transition. The company's single reportable segment generates net investment and equity method investment income through investments in energy transition assets and infrastructure projects, as well as revenue through the gain on sale of assets and recurring asset management fees.
76GF Score
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