Arjo AB (FRA:A39) PB Ratio: 0.90 (As of Jul. 16, 2026) — 43% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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:A39 Arjo AB FRA:A39
73 GF Score
Price €2.35
GF Value €3.04
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Arjo AB PB Ratio?

Arjo AB FRA:A39 -3.37% 73 PB Ratio is 0.90 as of Jul. 16, 2026, which is 43% below its 10-year median of 1.57. GuruFocus rates FRA:A39 with a GF Score™ of 73/100 and a GF Value™ of €3.04 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 110 Medical Distribution companies, Arjo AB ranks better than 57.27% 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), Arjo AB's share price is €2.35. Arjo AB's Book Value per Share for the quarter that ended in Jun. 2026 was €2.60. Hence, Arjo AB's PB Ratio of today is 0.90.

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

FRA:A39' s PB Ratio Range Over the Past 10 Years
Min: 0.83   Med: 1.57   Max: 5.29
Current: 0.95

During the past 13 years, Arjo AB's highest PB Ratio was 5.29. The lowest was 0.83. And the median was 1.57.

FRA:A39's PB Ratio is ranked better than
57.27% of 110 companies
in the Medical Distribution industry
Industry Median: 1 vs FRA:A39: 0.95

During the past 12 months, Arjo AB's average Book Value Per Share Growth Rate was 2.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -1.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Arjo AB was 10.40% per year. The lowest was -23.60% per year. And the median was 4.10% per year.

Back to Basics: PB Ratio


Arjo AB  (FRA:A39) 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.


Arjo AB PB Ratio Related Terms


Arjo AB PB Ratio Historical Data

* Premium members only.

The historical data trend for Arjo 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.

Arjo AB PB Ratio Chart

Arjo AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.50 1.42 1.43 1.13 1.17

Arjo 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 1.21 1.18 1.17 0.85 0.85

FRA:A39 vs MCK, CAH, COR: PB Ratio Comparison

For the Medical Distribution subindustry, Arjo 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.


Arjo AB PB Ratio vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Arjo AB's PB Ratio distribution charts can be found below:

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


FRA:A39
73GF Score
Arjo AB FRA:A39
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Arjo 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=2.35/2.598
=0.90

* 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 0.90 mean?
Arjo AB (FRA:A39) has a PB Ratio of 0.90 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 Arjo AB and its competitors. This is 43% below median its historical median of 1.57. Over the past decade, Arjo AB's PB Ratio has ranged from 0.83 to 5.29. According to the industry distribution chart, Arjo AB ranks #47 out of 110 companies in the Medical Distribution industry, placing it in the top 42.7%.
Is Arjo AB's PB Ratio too high?
Arjo AB's current PB Ratio of 0.90 is 43% below median its 10-year median of 1.57. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 5.29. The Medical Distribution industry median PB Ratio is 1.00. Arjo AB's value of 0.90 is 10% below this industry median. Based on the distribution chart, Arjo AB ranks #47 out of 110 companies in the Medical Distribution industry, which is above the industry midpoint. Overall, Arjo AB has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Arjo AB's PB Ratio compare to MCK and CAH?
According to the Medical Distribution industry distribution chart, Arjo AB ranks #47 out of 110 companies for PB Ratio. This puts Arjo AB in the upper half of its industry. The industry median PB Ratio is 1.00. Arjo AB's value of 0.90 is 10% below this benchmark. Historically, Arjo AB's own PB Ratio has ranged from 0.83 to 5.29 over the past decade. While the company's 10-year median is 1.57 vs. the industry median of 1.00, Arjo 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 Medical Distribution company?
The median PB Ratio among Medical Distribution companies is 1.00, based on 110 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. Arjo AB's current PB Ratio of 0.90 is 10% 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 Arjo AB and its competitors. For the Medical Distribution industry, the median PB Ratio is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arjo AB's current PB Ratio is 0.90, which is 43% below median its own 10-year median of 1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arjo AB stock overvalued right now?
Based on GuruFocus' analysis, Arjo AB (FRA:A39) is currently considered Modestly Undervalued. The stock's GF Value™ is €3.04, compared to a current price of €2.35 — trading 22.7% below its estimated fair value. The current PB Ratio is 0.90, which is 43% below median its 10-year median of 1.57 and 10% below the Medical Distribution industry median of 1.00. Arjo AB's overall GF Score™ is 73/100 with 5 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 Arjo AB (FRA:A39), the current PB Ratio is 0.90 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 Arjo AB (FRA:A39) Overvalued in 2026?

Based on GuruFocus' analysis, Arjo AB stock appears to be undervalued. The current stock price of €2.35 is trading 22.7% below its estimated GF Value™ of €3.04. GuruFocus considers Arjo AB to be Modestly Undervalued.

Key valuation signals for FRA:A39:

  • PB Ratio: 0.90 (43% below median its 10-year median of 1.57)
  • GF Value™: €3.04 vs. price of €2.35 (22.7% below fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 10% below the Medical Distribution median (#47 of 110)

No single metric tells the full story. See the FRA:A39 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Arjo AB Business Description

Address Hans Michelsensgatan 10, Box 48, Malmo, SWE, SE-201 20
Arjo AB is a supplier of medical devices, services, and solutions in Sweden. It serves its services to private and public institutions with acute care and long-term care. The company's offering includes products and solutions for patient handling, hygiene, disinfection, medical beds, therapeutic surfaces, venous thromboembolism (VTE) prevention and diagnostics. The company includes segments: Global Sales, North America, Diagnostics.
73GF Score

Get the complete analysis for FRA:A39

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

€2.35
Price
€3.04
GF Value