Impero AS (FRA:905) PB Ratio: 12.11 (As of Jul. 14, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:905 Impero AS FRA:905
65 GF Score
Price €0.92
GF Value €0.96
! 2 Warning Signs
View Full Analysis

What is Impero AS PB Ratio?

Impero AS FRA:905 -1.60% 65 PB Ratio is 12.11 as of Jul. 14, 2026, which is 4% above its 10-year median of 11.64. GuruFocus rates FRA:905 with a GF Score™ of 65/100 and a GF Value™ of €0.96. The stock has 2 warning signs investors should review. Among 2,629 Software companies, Impero AS ranks worse than 93.38% 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 (2026-07-14), Impero AS's share price is €0.92. Impero AS's Book Value per Share for the quarter that ended in Mar. 2026 was €0.08. Hence, Impero AS's PB Ratio of today is 12.11.

The historical rank and industry rank for Impero AS's PB Ratio or its related term are showing as below:

FRA:905' s PB Ratio Range Over the Past 10 Years
Min: 5.78   Med: 11.64   Max: 894.44
Current: 13.4

During the past 7 years, Impero AS's highest PB Ratio was 894.44. The lowest was 5.78. And the median was 11.64.

FRA:905's PB Ratio is ranked worse than
93.38% of 2629 companies
in the Software industry
Industry Median: 2.39 vs FRA:905: 13.40

During the past 12 months, Impero AS's average Book Value Per Share Growth Rate was 449.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -10.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -5.50% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Impero AS was 92.00% per year. The lowest was -43.60% per year. And the median was 9.80% per year.

Back to Basics: PB Ratio


Impero AS  (FRA:905) 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.


Impero AS PB Ratio Related Terms


Impero AS PB Ratio Historical Data

* Premium members only.

The historical data trend for Impero 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.

Impero AS PB Ratio Chart

Impero AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 9.91 5.58 5.85 19.57 11.41

Impero AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 60.36 840.00 450.00 11.41 11.12

FRA:905 vs UBER, SHOP, CRM: PB Ratio Comparison

For the Software - Application subindustry, Impero 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.


Impero AS PB Ratio vs Software Industry

For the Software industry and Technology sector, Impero AS's PB Ratio distribution charts can be found below:

* The bar in red indicates where Impero AS's PB Ratio falls into.


FRA:905
65GF Score
Impero AS FRA:905
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Impero AS 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.

Impero AS's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.92/0.076
=12.11

* 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 12.11 mean?
Impero AS (FRA:905) has a PB Ratio of 12.11 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 Impero AS and its competitors. This is near median its historical median of 11.64. Over the past decade, Impero AS's PB Ratio has ranged from 5.78 to 894.44. According to the industry distribution chart, Impero AS ranks #2455 out of 2629 companies in the Software industry, placing it in the top 93.4%.
Is Impero AS's PB Ratio too high?
Impero AS's current PB Ratio of 12.11 is near median its 10-year median of 11.64. Over the past 10 years, this metric has ranged from a low of 5.78 to a high of 894.44. The Software industry median PB Ratio is 2.39. Impero AS's value of 12.11 is 406.7% above this industry median. Based on the distribution chart, Impero AS ranks #2455 out of 2629 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Impero AS has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Impero AS's PB Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Impero AS ranks #2455 out of 2629 companies for PB Ratio. This places Impero AS in the lower half of its industry. The industry median PB Ratio is 2.39. Impero AS's value of 12.11 is 406.7% above this benchmark. Historically, Impero AS's own PB Ratio has ranged from 5.78 to 894.44 over the past decade. While the company's 10-year median is 11.64 vs. the industry median of 2.39, Impero AS 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 a Software company?
The median PB Ratio among Software companies is 2.39, 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. Impero AS's current PB Ratio of 12.11 is 406.7% 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 Impero AS and its competitors. For the Software industry, the median PB Ratio is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Impero AS's current PB Ratio is 12.11, which is near median its own 10-year median of 11.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Impero AS stock overvalued right now?
Impero AS (FRA:905) has a current PB Ratio of 12.11. The stock's GF Value™ is €0.96, compared to a current price of €0.92 — trading 4.2% below its estimated fair value. The current PB Ratio is 12.11, which is near median its 10-year median of 11.64 and 406.7% above the Software industry median of 2.39. Impero AS's overall GF Score™ is 65/100 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 Impero AS (FRA:905), the current PB Ratio is 12.11 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 Impero AS (FRA:905) Overvalued in 2026?

Based on GuruFocus' analysis, Impero AS stock appears to be undervalued. The current stock price of €0.92 is trading 4.2% below its estimated GF Value™ of €0.96.

Key valuation signals for FRA:905:

  • PB Ratio: 12.11 (near median its 10-year median of 11.64)
  • GF Value™: €0.96 vs. price of €0.92 (4.2% below fair value)
  • GF Score™: 65/100 with 2 warning signs
  • Industry Position: 406.7% above the Software median (#2455 of 2629)

No single metric tells the full story. See the FRA:905 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Impero AS Business Description

Other Exchanges IMPERO:Denmark
Address Christian IX\'s Gade 3, 1, Copenhagen, DNK, 1111
Impero AS is a Danish Software-as-a-Service (SaaS) company that provides a compliance management platform. The Impero platform enables companies to easily manage compliance through the automation of risk and control management, documentation, and reporting. It sells Saas (Software-as-a-Service) by hosting the software and related services as cloud-based services.
65GF Score

Get the complete analysis for FRA:905

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

€0.92
Price
€0.96
GF Value