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B Treasury Capital ABFRA:X4L 20 PB Ratio is 0.67 as of Aug. 02, 2026. GuruFocus rates FRA:X4L with a GF Score™ of 20/100. Among 775 Capital Markets companies, B Treasury Capital AB ranks better than 74.97% on this metric.
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.
* 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.
B Treasury Capital AB PB Ratio Chart
B Treasury Capital AB Annual Data
Trend
Dec25
PB Ratio
0.00
B Treasury Capital AB Quarterly Data
Mar25
Sep25
Dec25
Mar26
PB Ratio
0.00
0.92
0.73
0.69
FRA:X4L vs MS, GS, SCHW: PB Ratio Comparison
For the Capital Markets subindustry, B Treasury Capital 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.
B Treasury Capital AB PB Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, B Treasury Capital AB's PB Ratio distribution charts can be found below:
* The bar in red indicates where B Treasury Capital 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.
* 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.
B Treasury Capital AB (FRA:X4L) has a PB Ratio of 0.67 as of Aug. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on B Treasury Capital AB and its competitors. According to the industry distribution chart, B Treasury Capital AB ranks #194 out of 775 companies in the Capital Markets industry, placing it in the top 25%.
Is B Treasury Capital AB's PB Ratio too high?
B Treasury Capital AB's current PB Ratio is 0.67. The Capital Markets industry median PB Ratio is 1.32. B Treasury Capital AB's value of 0.67 is 49.2% below this industry median. Based on the distribution chart, B Treasury Capital AB ranks #194 out of 775 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, B Treasury Capital AB has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does B Treasury Capital AB's PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, B Treasury Capital AB ranks #194 out of 775 companies for PB Ratio. This places B Treasury Capital AB in the top 25% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.32. B Treasury Capital AB's value of 0.67 is 49.2% below this benchmark. 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 Capital Markets company?
The median PB Ratio among Capital Markets companies is 1.32, based on 775 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. B Treasury Capital AB's current PB Ratio of 0.67 is 49.2% 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 B Treasury Capital AB and its competitors. For the Capital Markets industry, the median PB Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. B Treasury Capital AB's current PB Ratio is 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is B Treasury Capital AB stock overvalued right now?
B Treasury Capital AB (FRA:X4L) has a current PB Ratio of 0.67. The current PB Ratio is 0.67 and 49.2% below the Capital Markets industry median of 1.32. B Treasury Capital AB's overall GF Score™ is 20/100. 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 B Treasury Capital AB (FRA:X4L), the current PB Ratio is 0.67 as of Aug. 02, 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.
B Treasury Capital AB is a Sweden-based company that operates in the financial markets. The company specializes in cryptocurrency trading, and focuses on acquiring, securing and maintaining Bitcoin as part of a long-term capital approach. The company aims to gradually increase Bitcoin reserves in relation to outstanding shares, while minimizing risk, leverage or dilution.
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