Shutterstock (FRA:S3T) PB Ratio: 0.48 (As of Jul. 20, 2026) — 90% 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:S3T Shutterstock Inc FRA:S3T
72 GF Score
Price €6.20
GF Value €25.74
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Shutterstock PB Ratio?

Shutterstock FRA:S3T -4.32% 72 PB Ratio is 0.48 as of Jul. 20, 2026, which is 90% below its 10-year median of 4.66. GuruFocus rates FRA:S3T with a GF Score™ of 72/100 and a GF Value™ of €25.74 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 514 Interactive Media companies, Shutterstock ranks better than 89.49% 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 (2026-07-20), Shutterstock's share price is €6.195. Shutterstock's Book Value per Share for the quarter that ended in Mar. 2026 was €12.95. Hence, Shutterstock's PB Ratio of today is 0.48.

Good Sign:

Shutterstock Inc stock PB Ratio (=0.5) is close to 10-year low of 0.5.

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

FRA:S3T' s PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 4.66   Max: 9.49
Current: 0.5

During the past 13 years, Shutterstock's highest PB Ratio was 9.49. The lowest was 0.50. And the median was 4.66.

FRA:S3T's PB Ratio is ranked better than
89.49% of 514 companies
in the Interactive Media industry
Industry Median: 1.72 vs FRA:S3T: 0.50

During the past 12 months, Shutterstock's average Book Value Per Share Growth Rate was -4.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shutterstock was 52.10% per year. The lowest was 0.40% per year. And the median was 8.70% per year.

Back to Basics: PB Ratio


Shutterstock  (FRA:S3T) 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.


Shutterstock PB Ratio Related Terms


Shutterstock PB Ratio Historical Data

* Premium members only.

The historical data trend for Shutterstock'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.

Shutterstock PB Ratio Chart

Shutterstock 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 8.61 4.15 3.21 2.01 1.08

Shutterstock 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 1.10 1.09 1.21 1.08 1.08

FRA:S3T vs NRDS, CARS, MAX: PB Ratio Comparison

For the Internet Content & Information subindustry, Shutterstock'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.


Shutterstock PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Shutterstock's PB Ratio distribution charts can be found below:

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


FRA:S3T
72GF Score
Shutterstock Inc FRA:S3T
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shutterstock 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.

Shutterstock's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=6.195/12.945
=0.48

* 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 0.48 mean?
Shutterstock (FRA:S3T) has a PB Ratio of 0.48 as of Jul. 20, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shutterstock and its competitors. This is 90% below median its historical median of 4.66. Over the past decade, Shutterstock's PB Ratio has ranged from 0.50 to 9.49. According to the industry distribution chart, Shutterstock ranks #54 out of 514 companies in the Interactive Media industry, placing it in the top 10.5%.
Is Shutterstock's PB Ratio too high?
Shutterstock's current PB Ratio of 0.48 is 90% below median its 10-year median of 4.66. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 9.49. The Interactive Media industry median PB Ratio is 1.72. Shutterstock's value of 0.48 is 72.1% below this industry median. Based on the distribution chart, Shutterstock ranks #54 out of 514 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Shutterstock has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shutterstock's PB Ratio compare to NRDS and CARS?
According to the Interactive Media industry distribution chart, Shutterstock ranks #54 out of 514 companies for PB Ratio. This places Shutterstock in the top 11% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.72. Shutterstock's value of 0.48 is 72.1% below this benchmark. Historically, Shutterstock's own PB Ratio has ranged from 0.50 to 9.49 over the past decade. While the company's 10-year median is 4.66 vs. the industry median of 1.72, Shutterstock 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 Interactive Media company?
The median PB Ratio among Interactive Media companies is 1.72, based on 514 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. Shutterstock's current PB Ratio of 0.48 is 72.1% 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 Shutterstock and its competitors. For the Interactive Media industry, the median PB Ratio is 1.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shutterstock's current PB Ratio is 0.48, which is 90% below median its own 10-year median of 4.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shutterstock stock overvalued right now?
Based on GuruFocus' analysis, Shutterstock (FRA:S3T) is currently considered Possible Value Trap. The stock's GF Value™ is €25.74, compared to a current price of €6.20 — trading 75.9% below its estimated fair value. The current PB Ratio is 0.48, which is 90% below median its 10-year median of 4.66 and 72.1% below the Interactive Media industry median of 1.72. Shutterstock's overall GF Score™ is 72/100 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 Shutterstock (FRA:S3T), the current PB Ratio is 0.48 as of Jul. 20, 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 Shutterstock (FRA:S3T) Overvalued in 2026?

Based on GuruFocus' analysis, Shutterstock stock appears to be undervalued. The current stock price of €6.20 is trading 75.9% below its estimated GF Value™ of €25.74. GuruFocus considers Shutterstock to be Possible Value Trap.

Key valuation signals for FRA:S3T:

  • PB Ratio: 0.48 (90% below median its 10-year median of 4.66)
  • GF Value™: €25.74 vs. price of €6.20 (75.9% below fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 72.1% below the Interactive Media median (#54 of 514)

No single metric tells the full story. See the FRA:S3T stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shutterstock Business Description

Other Exchanges SSTK:USA0A8F:UKS3T:Germany
Address 350 Fifth Avenue, 20th Floor, New York, NY, USA, 10118
Shutterstock Inc is a U.S.-based company that is engaged in the provision of digital content. The content segment, whose offerings include licenses for Images, Footage, Music, 3 Dimensional, and Generative AI content. Data, Distribution, and Service offerings address customer demand for products and services that are beyond its Content licenses. The company generates the majority of its revenue from Content offerings. Geographically the company generates the majority of its revenue from the Domestic market, but also has its presence in Europe and Rest of the Countries.
72GF Score

Get the complete analysis for FRA:S3T

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

€6.20
Price
€25.74
GF Value