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Harju Elekter GroupFRA:HD8 -0.41%66 PB Ratio is 0.95 as of Sep. 01, 2026, which is 17% below its 10-year median of 1.14. GuruFocus rates FRA:HD8 with a GF Score™ of 66/100 and a GF Value™ of €4.10 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,994 Industrial Products companies, Harju Elekter Group ranks better than 78.76% on this metric.
The historical rank and industry rank for Harju Elekter Group's PB Ratio or its related term are showing as below:
FRA:HD8'
s PB Ratio Range Over the Past 10 Years
Min: 0.73 Med: 1.14 Max: 2.1
Current: 1
During the past 13 years, Harju Elekter Group's highest PB Ratio was 2.10. The lowest was 0.73. And the median was 1.14.
FRA:HD8's PB Ratio is ranked better than 78.76% of 2994
companies
in the Industrial Products industry
Industry Median: 2.22
vs FRA:HD8: 1.00
During the past 12 months, Harju Elekter Group's average Book Value Per Share Growth Rate was 1.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 7.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Harju Elekter Group was 16.70% per year. The lowest was -10.40% per year. And the median was 4.90% per year.
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.
Harju Elekter Group PB Ratio Related Terms
Harju Elekter Group PB Ratio Historical Data
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The historical data trend for Harju Elekter Group'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.
For the Electrical Equipment & Parts subindustry, Harju Elekter Group'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.
Harju Elekter Group PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Harju Elekter Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Harju Elekter Group's PB Ratio falls into.
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.
Harju Elekter Group (FRA:HD8) has a PB Ratio of 0.95 as of Sep. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Harju Elekter Group and its competitors. This is 17% below median its historical median of 1.14. Over the past decade, Harju Elekter Group's PB Ratio has ranged from 0.73 to 2.10. According to the industry distribution chart, Harju Elekter Group ranks #636 out of 2994 companies in the Industrial Products industry, placing it in the top 21.2%.
Is Harju Elekter Group's PB Ratio too high?
Harju Elekter Group's current PB Ratio of 0.95 is 17% below median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 2.10. The Industrial Products industry median PB Ratio is 2.22. Harju Elekter Group's value of 0.95 is 57.2% below this industry median. Based on the distribution chart, Harju Elekter Group ranks #636 out of 2994 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Harju Elekter Group has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Harju Elekter Group's PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Harju Elekter Group ranks #636 out of 2994 companies for PB Ratio. This places Harju Elekter Group in the top 21% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.22. Harju Elekter Group's value of 0.95 is 57.2% below this benchmark. Historically, Harju Elekter Group's own PB Ratio has ranged from 0.73 to 2.10 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 2.22, Harju Elekter Group 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.22, based on 2,994 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. Harju Elekter Group's current PB Ratio of 0.95 is 57.2% 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 Harju Elekter Group and its competitors. For the Industrial Products industry, the median PB Ratio is 2.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harju Elekter Group's current PB Ratio is 0.95, which is 17% below median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harju Elekter Group stock overvalued right now?
Based on GuruFocus' analysis, Harju Elekter Group (FRA:HD8) is currently considered Modestly Overvalued. The stock's GF Value™ is €4.10, compared to a current price of €4.89 — trading 19.3% above its estimated fair value. The current PB Ratio is 0.95, which is 17% below median its 10-year median of 1.14 and 57.2% below the Industrial Products industry median of 2.22. Harju Elekter Group's overall GF Score™ is 66/100 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 Harju Elekter Group (FRA:HD8), the current PB Ratio is 0.95 as of Sep. 01, 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 Harju Elekter Group (FRA:HD8) Overvalued in 2026?
Based on GuruFocus' analysis, Harju Elekter Group stock appears to be overvalued.
The current stock price of €4.89 is trading 19.3% above its estimated GF Value™ of €4.10.
GuruFocus considers Harju Elekter Group to be Modestly Overvalued.
Key valuation signals for FRA:HD8:
PB Ratio: 0.95 (17% below median its 10-year median of 1.14)
GF Value™: €4.10 vs. price of €4.89 (19.3% above fair value)
Industry Position: 57.2% below the Industrial Products median (#636 of 2994)
No single metric tells the full story. See the FRA:HD8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harju Elekter Group is an Estonia-based company engaged in the production of electrical equipment. The company operates in two segments including Production and Real estate. Production segment are the design, sale, manufacturing and after-sales service of power distribution, switching and converting devices, as well as automation, process control and industrial control equipment. Production segment are the design, sale, manufacturing and after-sales service of power distribution, switching and converting devices, as well as automation, process control and industrial control equipment. Its Other activities include the management of financial investments, electrical installation works in shipbuilding, and the retail and project sales of electrical goods.
66GF Score
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