Bouvet ASA (FRA:BV4) PB Ratio: 9.39 (As of Jul. 17, 2026) — 31% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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:BV4 Bouvet ASA FRA:BV4
84 GF Score
Price €3.92
GF Value €6.26
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Bouvet ASA PB Ratio?

Bouvet ASA FRA:BV4 -0.13% 84 PB Ratio is 9.39 as of Jul. 17, 2026, which is 31% below its 10-year median of 13.52. GuruFocus rates FRA:BV4 with a GF Score™ of 84/100 and a GF Value™ of €6.26 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,629 Software companies, Bouvet ASA ranks worse than 89.88% 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 (2026-07-17), Bouvet ASA's share price is €3.915. Bouvet ASA's Book Value per Share for the quarter that ended in Mar. 2026 was €0.42. Hence, Bouvet ASA's PB Ratio of today is 9.39.

Good Sign:

Bouvet ASA stock PB Ratio (=9.36) is close to 5-year low of 9.23.

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

FRA:BV4' s PB Ratio Range Over the Past 10 Years
Min: 7.15   Med: 13.52   Max: 26.18
Current: 9.41

During the past 13 years, Bouvet ASA's highest PB Ratio was 26.18. The lowest was 7.15. And the median was 13.52.

FRA:BV4's PB Ratio is ranked worse than
89.88% of 2629 companies
in the Software industry
Industry Median: 2.39 vs FRA:BV4: 9.41

During the past 12 months, Bouvet ASA's average Book Value Per Share Growth Rate was -12.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 11.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Bouvet ASA was 24.40% per year. The lowest was -2.00% per year. And the median was 7.10% per year.

Back to Basics: PB Ratio


Bouvet ASA  (FRA:BV4) 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.


Bouvet ASA PB Ratio Related Terms


Bouvet ASA PB Ratio Historical Data

* Premium members only.

The historical data trend for Bouvet ASA'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.

Bouvet ASA PB Ratio Chart

Bouvet ASA 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 17.52 13.51 14.13 16.41 14.76

Bouvet ASA 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 13.77 25.32 16.85 14.76 10.41

FRA:BV4 vs IBM, ACN, FISV: PB Ratio Comparison

For the Information Technology Services subindustry, Bouvet ASA'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.


Bouvet ASA PB Ratio vs Software Industry

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

* The bar in red indicates where Bouvet ASA's PB Ratio falls into.


FRA:BV4
84GF Score
Bouvet ASA FRA:BV4
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bouvet ASA 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.

Bouvet ASA's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=3.915/0.417
=9.39

* 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 9.39 mean?
Bouvet ASA (FRA:BV4) has a PB Ratio of 9.39 as of Jul. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Bouvet ASA and its competitors. This is 31% below median its historical median of 13.52. Over the past decade, Bouvet ASA's PB Ratio has ranged from 7.15 to 26.18. According to the industry distribution chart, Bouvet ASA ranks #2363 out of 2629 companies in the Software industry, placing it in the top 89.9%.
Is Bouvet ASA's PB Ratio too high?
Bouvet ASA's current PB Ratio of 9.39 is 31% below median its 10-year median of 13.52. Over the past 10 years, this metric has ranged from a low of 7.15 to a high of 26.18. The Software industry median PB Ratio is 2.39. Bouvet ASA's value of 9.39 is 292.9% above this industry median. Based on the distribution chart, Bouvet ASA ranks #2363 out of 2629 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Bouvet ASA has a GF Score™ of 84/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bouvet ASA's PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Bouvet ASA ranks #2363 out of 2629 companies for PB Ratio. This places Bouvet ASA in the lower half of its industry. The industry median PB Ratio is 2.39. Bouvet ASA's value of 9.39 is 292.9% above this benchmark. Historically, Bouvet ASA's own PB Ratio has ranged from 7.15 to 26.18 over the past decade. While the company's 10-year median is 13.52 vs. the industry median of 2.39, Bouvet ASA 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. Bouvet ASA's current PB Ratio of 9.39 is 292.9% 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 Bouvet ASA 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. Bouvet ASA's current PB Ratio is 9.39, which is 31% below median its own 10-year median of 13.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bouvet ASA stock overvalued right now?
Based on GuruFocus' analysis, Bouvet ASA (FRA:BV4) is currently considered Possible Value Trap. The stock's GF Value™ is €6.26, compared to a current price of €3.92 — trading 37.5% below its estimated fair value. The current PB Ratio is 9.39, which is 31% below median its 10-year median of 13.52 and 292.9% above the Software industry median of 2.39. Bouvet ASA's overall GF Score™ is 84/100 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 Bouvet ASA (FRA:BV4), the current PB Ratio is 9.39 as of Jul. 17, 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 Bouvet ASA (FRA:BV4) Overvalued in 2026?

Based on GuruFocus' analysis, Bouvet ASA stock appears to be undervalued. The current stock price of €3.92 is trading 37.5% below its estimated GF Value™ of €6.26. GuruFocus considers Bouvet ASA to be Possible Value Trap.

Key valuation signals for FRA:BV4:

  • PB Ratio: 9.39 (31% below median its 10-year median of 13.52)
  • GF Value™: €6.26 vs. price of €3.92 (37.5% below fair value)
  • GF Score™: 84/100 with 4 warning signs
  • Industry Position: 292.9% above the Software median (#2363 of 2629)

No single metric tells the full story. See the FRA:BV4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bouvet ASA Business Description

Address Sorkedalsveien 8, Oslo, NOR, 0369
Bouvet ASA is a consultancy company that provides advice in the field of information technology and digital communication. It helps enterprises shape digital solutions that create efficiency and new business opportunities. The company caters to both private and public-sector players. Some of the business sectors that it caters to include Power supply, Industry, Oil and gas, Public admin, Transportation, Retail, Information and communication, Service industry, and Health. The company's geographical segments are Norway, Sweden, and other countries, of which the vast majority of its revenue comes from Norway.
84GF Score

Get the complete analysis for FRA:BV4

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

€3.92
Price
€6.26
GF Value