Flat Capital AB (FRA:87I) PB Ratio: 0.98 (As of Aug. 10, 2026) — 23% Below Median

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FRA:87I Flat Capital AB FRA:87I
45 GF Score
Price €0.99
! 2 Warning Signs
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What is Flat Capital AB PB Ratio?

Flat Capital AB FRA:87I +0.81% 45 PB Ratio is 0.98 as of Aug. 10, 2026, which is 23% below its 10-year median of 1.27. GuruFocus rates FRA:87I with a GF Score™ of 45/100. The stock has 2 warning signs investors should review. Among 1,597 Asset Management companies, Flat Capital AB ranks worse than 55.67% 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 (2026-08-10), Flat Capital AB's share price is €0.994. Flat Capital AB's Book Value per Share for the quarter that ended in Jun. 2026 was €1.02. Hence, Flat Capital AB's PB Ratio of today is 0.98.

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

FRA:87I' s PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.27   Max: 2.67
Current: 0.99

During the past 7 years, Flat Capital AB's highest PB Ratio was 2.67. The lowest was 0.61. And the median was 1.27.

FRA:87I's PB Ratio is ranked worse than
55.67% of 1597 companies
in the Asset Management industry
Industry Median: 0.95 vs FRA:87I: 0.99

During the past 12 months, Flat Capital AB's average Book Value Per Share Growth Rate was -20.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 17.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 21.10% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Flat Capital AB was 57.70% per year. The lowest was 2.00% per year. And the median was 21.90% per year.

Back to Basics: PB Ratio


Flat Capital AB  (FRA:87I) 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.


Flat Capital AB PB Ratio Related Terms


Flat Capital AB PB Ratio Historical Data

* Premium members only.

The historical data trend for Flat Capital 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.

Flat Capital AB PB Ratio Chart

Flat Capital AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 2.85 0.81 1.42 1.38 1.02

Flat Capital 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 1.45 1.11 1.02 1.12 1.02

FRA:87I vs BLK, BX, KKR: PB Ratio Comparison

For the Asset Management subindustry, Flat Capital 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.


Flat Capital AB PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Flat Capital AB's PB Ratio distribution charts can be found below:

* The bar in red indicates where Flat Capital AB's PB Ratio falls into.


FRA:87I
45GF Score
Flat Capital AB FRA:87I
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Flat Capital 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.

Flat Capital AB's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=0.994/1.016
=0.98

* 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 0.98 mean?
Flat Capital AB (FRA:87I) has a PB Ratio of 0.98 as of Aug. 10, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Flat Capital AB and its competitors. This is 23% below median its historical median of 1.27. Over the past decade, Flat Capital AB's PB Ratio has ranged from 0.61 to 2.67. According to the industry distribution chart, Flat Capital AB ranks #889 out of 1597 companies in the Asset Management industry, placing it in the top 55.7%.
Is Flat Capital AB's PB Ratio too high?
Flat Capital AB's current PB Ratio of 0.98 is 23% below median its 10-year median of 1.27. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 2.67. The Asset Management industry median PB Ratio is 0.95. Flat Capital AB's value of 0.98 is 3.2% above this industry median. Based on the distribution chart, Flat Capital AB ranks #889 out of 1597 companies in the Asset Management industry, which is below the industry midpoint. Overall, Flat Capital AB has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Flat Capital AB's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Flat Capital AB ranks #889 out of 1597 companies for PB Ratio. This places Flat Capital AB in the lower half of its industry. The industry median PB Ratio is 0.95. Flat Capital AB's value of 0.98 is 3.2% above this benchmark. Historically, Flat Capital AB's own PB Ratio has ranged from 0.61 to 2.67 over the past decade. While the company's 10-year median is 1.27 vs. the industry median of 0.95, Flat Capital AB 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 0.95, based on 1,597 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. Flat Capital AB's current PB Ratio of 0.98 is 3.2% 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 Flat Capital AB and its competitors. For the Asset Management industry, the median PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flat Capital AB's current PB Ratio is 0.98, which is 23% below median its own 10-year median of 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flat Capital AB stock overvalued right now?
Flat Capital AB (FRA:87I) has a current PB Ratio of 0.98. The current PB Ratio is 0.98, which is 23% below median its 10-year median of 1.27 and 3.2% above the Asset Management industry median of 0.95. Flat Capital AB's overall GF Score™ is 45/100 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 Flat Capital AB (FRA:87I), the current PB Ratio is 0.98 as of Aug. 10, 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.

Flat Capital AB Business Description

Other Exchanges FLAT B:Sweden
Address Nybrogatan 8, Stockholm, SWE, 114 34
Flat Capital AB is an investment company that focuses on companies with prominent entrepreneurs in various positions. Its view is to simplify and improve the path to company building and give more people the opportunity to benefit from shared maximum returns. The company's Investment plan consists of investment in prominent entrepreneurs who have a good position in their companies, investment in markets, where company growth is driven by underlying structural trends, Investment in unlisted companies that are in a growth phase, seeking minority stakes in its portfolio holdings and investment globally.
45GF Score

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