Centrotherm international AG (HAM:CTNK) PB Ratio: 1.54 (As of Jul. 18, 2026) — 28% Above Median

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HAM:CTNK Centrotherm international AG HAM:CTNK
66 GF Score
Price €9.30
GF Value €5.92
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Centrotherm international AG PB Ratio?

Centrotherm international AG HAM:CTNK 66 PB Ratio is 1.54 as of Jul. 18, 2026, which is 28% above its 10-year median of 1.20. GuruFocus rates HAM:CTNK with a GF Score™ of 66/100 and a GF Value™ of €5.92 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 998 Semiconductors companies, Centrotherm international AG ranks better than 76.25% 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 (2026-07-18), Centrotherm international AG's share price is €9.30. Centrotherm international AG's Book Value per Share for the quarter that ended in Dec. 2025 was €6.04. Hence, Centrotherm international AG's PB Ratio of today is 1.54.

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

HAM:CTNK' s PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 1.2   Max: 4.12
Current: 1.55

During the past 13 years, Centrotherm international AG's highest PB Ratio was 4.12. The lowest was 0.60. And the median was 1.20.

HAM:CTNK's PB Ratio is ranked better than
76.25% of 998 companies
in the Semiconductors industry
Industry Median: 3.295 vs HAM:CTNK: 1.55

During the past 12 months, Centrotherm international AG's average Book Value Per Share Growth Rate was 16.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 25.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 32.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Centrotherm international AG was 267.90% per year. The lowest was -71.10% per year. And the median was 4.80% per year.

Back to Basics: PB Ratio


Centrotherm international AG  (HAM:CTNK) 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.


Centrotherm international AG PB Ratio Related Terms


Centrotherm international AG PB Ratio Historical Data

* Premium members only.

The historical data trend for Centrotherm international AG'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.

Centrotherm international AG PB Ratio Chart

Centrotherm international AG 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 2.34 1.70 1.22 0.62 1.67

Centrotherm international AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.22 0.98 0.62 0.96 1.67

HAM:CTNK vs NVDA, AVGO, MU: PB Ratio Comparison

For the Semiconductors subindustry, Centrotherm international AG'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.


Centrotherm international AG PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Centrotherm international AG's PB Ratio distribution charts can be found below:

* The bar in red indicates where Centrotherm international AG's PB Ratio falls into.


HAM:CTNK
66GF Score
Centrotherm international AG HAM:CTNK
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Centrotherm international AG 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.

Centrotherm international AG's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=9.30/6.035
=1.54

* 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 1.54 mean?
Centrotherm international AG (HAM:CTNK) has a PB Ratio of 1.54 as of Jul. 18, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Centrotherm international AG and its competitors. This is 28% above median its historical median of 1.20. Over the past decade, Centrotherm international AG's PB Ratio has ranged from 0.60 to 4.12. According to the industry distribution chart, Centrotherm international AG ranks #237 out of 998 companies in the Semiconductors industry, placing it in the top 23.7%.
Is Centrotherm international AG's PB Ratio too high?
Centrotherm international AG's current PB Ratio of 1.54 is 28% above median its 10-year median of 1.20. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 4.12. The Semiconductors industry median PB Ratio is 3.30. Centrotherm international AG's value of 1.54 is 53.3% below this industry median. Based on the distribution chart, Centrotherm international AG ranks #237 out of 998 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Centrotherm international AG has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Centrotherm international AG's PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Centrotherm international AG ranks #237 out of 998 companies for PB Ratio. This places Centrotherm international AG in the top 24% of its industry — outperforming the majority of peers. The industry median PB Ratio is 3.30. Centrotherm international AG's value of 1.54 is 53.3% below this benchmark. Historically, Centrotherm international AG's own PB Ratio has ranged from 0.60 to 4.12 over the past decade. While the company's 10-year median is 1.20 vs. the industry median of 3.30, Centrotherm international AG 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 a Semiconductors company?
The median PB Ratio among Semiconductors companies is 3.30, based on 998 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. Centrotherm international AG's current PB Ratio of 1.54 is 53.3% 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 Centrotherm international AG and its competitors. For the Semiconductors industry, the median PB Ratio is 3.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Centrotherm international AG's current PB Ratio is 1.54, which is 28% above median its own 10-year median of 1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Centrotherm international AG stock overvalued right now?
Based on GuruFocus' analysis, Centrotherm international AG (HAM:CTNK) is currently considered Significantly Overvalued. The stock's GF Value™ is €5.92, compared to a current price of €9.30 — trading 57.1% above its estimated fair value. The current PB Ratio is 1.54, which is 28% above median its 10-year median of 1.20 and 53.3% below the Semiconductors industry median of 3.30. Centrotherm international AG's overall GF Score™ is 66/100 with 2 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 Centrotherm international AG (HAM:CTNK), the current PB Ratio is 1.54 as of Jul. 18, 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 Centrotherm international AG (HAM:CTNK) Overvalued in 2026?

Based on GuruFocus' analysis, Centrotherm international AG stock appears to be overvalued. The current stock price of €9.30 is trading 57.1% above its estimated GF Value™ of €5.92. GuruFocus considers Centrotherm international AG to be Significantly Overvalued.

Key valuation signals for HAM:CTNK:

  • PB Ratio: 1.54 (28% above median its 10-year median of 1.20)
  • GF Value™: €5.92 vs. price of €9.30 (57.1% above fair value)
  • GF Score™: 66/100 with 2 warning signs
  • Industry Position: 53.3% below the Semiconductors median (#237 of 998)

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


Centrotherm international AG Business Description

Other Exchanges CTNK:Germany
Address Wurttemberger Strasse 31, Blaubeuren, DEU, 89143
Centrotherm international AG provides manufacturing solutions for the photovoltaic, semiconductor and microelectronics industry. The company operates in three segments: Silicon and Wafer, Solar Cell and Module (including Semiconductors and Microelectronics) and Thin Film Module. Silicon and Wafer segment offers planning, technology and engineering services for the design and process optimization of polysilicon, ingot and wafer manufacturing. Solar Cell and Module segment is engaged in the development and sales of production lines for the manufacture of crystalline solar cells, including engineering and technological process services. The Thin Film Module, the company provides development and sales of production lines for CIGS (Copper Indium Gallium Diselenide) thin film modules.
66GF Score

Get the complete analysis for HAM:CTNK

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

€9.30
Price
€5.92
GF Value