Teqnion ABFRA:M45 +3.76%62 PB Ratio is 2.89 as of Jul. 12, 2026, which is 33% below its 10-year median of 4.32. GuruFocus rates FRA:M45 with a GF Score™ of 62/100 and a GF Value™ of €18.59 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 549 Conglomerates companies, Teqnion AB ranks worse than 83.79% 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 (2026-07-12), Teqnion AB's share price is €14.36. Teqnion AB's Book Value per Share for the quarter that ended in Mar. 2026 was €4.96. Hence, Teqnion AB's PB Ratio of today is 2.89.
Good Sign:
Teqnion AB stock PB Ratio (=2.96) is close to 5-year low of 2.73.
The historical rank and industry rank for Teqnion AB's PB Ratio or its related term are showing as below:
FRA:M45'
s PB Ratio Range Over the Past 10 Years
Min: 1.35 Med: 4.32 Max: 8.57
Current: 2.96
During the past 9 years, Teqnion AB's highest PB Ratio was 8.57. The lowest was 1.35. And the median was 4.32.
FRA:M45's PB Ratio is ranked worse than 83.79% of 549
companies
in the Conglomerates industry
Industry Median: 1.05
vs FRA:M45: 2.96
During the past 12 months, Teqnion AB's average Book Value Per Share Growth Rate was 8.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 22.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 28.90% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Teqnion AB was 71.20% per year. The lowest was 22.90% per year. And the median was 36.45% 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.
Teqnion AB PB Ratio Related Terms
Teqnion AB PB Ratio Historical Data
* Premium members only.
The historical data trend for Teqnion 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.
For the Conglomerates subindustry, Teqnion 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.
Teqnion AB PB Ratio vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Teqnion AB's PB Ratio distribution charts can be found below:
* The bar in red indicates where Teqnion AB'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.
Teqnion AB's PB Ratio for today is calculated as follows:
* 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.
Teqnion AB (FRA:M45) has a PB Ratio of 2.89 as of Jul. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Teqnion AB and its competitors. This is 33% below median its historical median of 4.32. Over the past decade, Teqnion AB's PB Ratio has ranged from 1.35 to 8.57. According to the industry distribution chart, Teqnion AB ranks #460 out of 549 companies in the Conglomerates industry, placing it in the top 83.8%.
Is Teqnion AB's PB Ratio too high?
Teqnion AB's current PB Ratio of 2.89 is 33% below median its 10-year median of 4.32. Over the past 10 years, this metric has ranged from a low of 1.35 to a high of 8.57. The Conglomerates industry median PB Ratio is 1.05. Teqnion AB's value of 2.89 is 175.2% above this industry median. Based on the distribution chart, Teqnion AB ranks #460 out of 549 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Teqnion AB has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Teqnion AB's PB Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Teqnion AB ranks #460 out of 549 companies for PB Ratio. This places Teqnion AB in the lower half of its industry. The industry median PB Ratio is 1.05. Teqnion AB's value of 2.89 is 175.2% above this benchmark. Historically, Teqnion AB's own PB Ratio has ranged from 1.35 to 8.57 over the past decade. While the company's 10-year median is 4.32 vs. the industry median of 1.05, Teqnion 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 a Conglomerates company?
The median PB Ratio among Conglomerates companies is 1.05, based on 549 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. Teqnion AB's current PB Ratio of 2.89 is 175.2% 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 Teqnion AB and its competitors. For the Conglomerates industry, the median PB Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Teqnion AB's current PB Ratio is 2.89, which is 33% below median its own 10-year median of 4.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teqnion AB stock overvalued right now?
Based on GuruFocus' analysis, Teqnion AB (FRA:M45) is currently considered Modestly Undervalued. The stock's GF Value™ is €18.59, compared to a current price of €14.36 — trading 22.8% below its estimated fair value. The current PB Ratio is 2.89, which is 33% below median its 10-year median of 4.32 and 175.2% above the Conglomerates industry median of 1.05. Teqnion AB's overall GF Score™ is 62/100 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 Teqnion AB (FRA:M45), the current PB Ratio is 2.89 as of Jul. 12, 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 Teqnion AB (FRA:M45) Overvalued in 2026?
Based on GuruFocus' analysis, Teqnion AB stock appears to be undervalued.
The current stock price of €14.36 is trading 22.8% below its estimated GF Value™ of €18.59.
GuruFocus considers Teqnion AB to be Modestly Undervalued.
Key valuation signals for FRA:M45:
PB Ratio: 2.89 (33% below median its 10-year median of 4.32)
GF Value™: €18.59 vs. price of €14.36 (22.8% below fair value)
Industry Position: 175.2% above the Conglomerates median (#460 of 549)
No single metric tells the full story. See the FRA:M45 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Teqnion AB is an industrial group that acquires stable niche companies with good cash flows to develop and own with an eternal horizon. The subsidiaries are managed in a decentralized manner with support from the parent company. Its group of companies consists of agency businesses that include brands, product and service companies developing solutions for specific industrial niches, and manufacturing companies that sell products under their own or customers' brands. Teqnion continuously supports its companies with planning work and problem-solving beyond the everyday management and financial resources. Geographically, the Group generates maximum revenue from Sweden, and the rest from the European Union (excluding Sweden), the United Kingdom, Norway, the USA, and the Rest of the world.
62GF Score
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