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.
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.
Aker ASAHAM:FKM +1.76%68 PB Ratio is 1.40 as of Jul. 16, 2026, which is 11% below its 10-year median of 1.58. GuruFocus rates HAM:FKM with a GF Score™ of 68/100 and a GF Value™ of €80.06 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 549 Conglomerates companies, Aker ASA ranks worse than 74.86% 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 (2026-07-16), Aker ASA's share price is €115.40. Aker ASA's Book Value per Share for the quarter that ended in Jun. 2026 was €82.48. Hence, Aker ASA's PB Ratio of today is 1.40.
Warning Sign:
Aker ASA stock PB Ratio (=1.94) is close to 3-year high of 2.1.
The historical rank and industry rank for Aker ASA's PB Ratio or its related term are showing as below:
HAM:FKM'
s PB Ratio Range Over the Past 10 Years
Min: 0.76 Med: 1.58 Max: 3.61
Current: 2.03
During the past 13 years, Aker ASA's highest PB Ratio was 3.61. The lowest was 0.76. And the median was 1.58.
HAM:FKM's PB Ratio is ranked worse than 74.86% of 549
companies
in the Conglomerates industry
Industry Median: 1.05
vs HAM:FKM: 2.03
During the past 12 months, Aker ASA's average Book Value Per Share Growth Rate was -11.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 2.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 21.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 16.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Aker ASA was 42.30% per year. The lowest was -11.20% per year. And the median was 8.50% 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.
Aker ASA PB Ratio Related Terms
Aker ASA PB Ratio Historical Data
* Premium members only.
The historical data trend for Aker ASA'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, Aker ASA'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.
Aker ASA PB Ratio vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Aker ASA's PB Ratio distribution charts can be found below:
* The bar in red indicates where Aker ASA'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.
Aker ASA'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.
Aker ASA (HAM:FKM) has a PB Ratio of 1.40 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Aker ASA and its competitors. This is 11% below median its historical median of 1.58. Over the past decade, Aker ASA's PB Ratio has ranged from 0.76 to 3.61. According to the industry distribution chart, Aker ASA ranks #411 out of 549 companies in the Conglomerates industry, placing it in the top 74.9%.
Is Aker ASA's PB Ratio too high?
Aker ASA's current PB Ratio of 1.40 is 11% below median its 10-year median of 1.58. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 3.61. The Conglomerates industry median PB Ratio is 1.05. Aker ASA's value of 1.40 is 33.3% above this industry median. Based on the distribution chart, Aker ASA ranks #411 out of 549 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Aker ASA has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aker ASA's PB Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Aker ASA ranks #411 out of 549 companies for PB Ratio. This places Aker ASA in the lower half of its industry. The industry median PB Ratio is 1.05. Aker ASA's value of 1.40 is 33.3% above this benchmark. Historically, Aker ASA's own PB Ratio has ranged from 0.76 to 3.61 over the past decade. While the company's 10-year median is 1.58 vs. the industry median of 1.05, Aker ASA 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. Aker ASA's current PB Ratio of 1.40 is 33.3% 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 Aker ASA 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. Aker ASA's current PB Ratio is 1.40, which is 11% below median its own 10-year median of 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aker ASA stock overvalued right now?
Based on GuruFocus' analysis, Aker ASA (HAM:FKM) is currently considered Significantly Overvalued. The stock's GF Value™ is €80.06, compared to a current price of €115.40 — trading 44.1% above its estimated fair value. The current PB Ratio is 1.40, which is 11% below median its 10-year median of 1.58 and 33.3% above the Conglomerates industry median of 1.05. Aker ASA's overall GF Score™ is 68/100 with 9 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 Aker ASA (HAM:FKM), the current PB Ratio is 1.40 as of Jul. 16, 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 Aker ASA (HAM:FKM) Overvalued in 2026?
Based on GuruFocus' analysis, Aker ASA stock appears to be overvalued.
The current stock price of €115.40 is trading 44.1% above its estimated GF Value™ of €80.06.
GuruFocus considers Aker ASA to be Significantly Overvalued.
Key valuation signals for HAM:FKM:
PB Ratio: 1.40 (11% below median its 10-year median of 1.58)
GF Value™: €80.06 vs. price of €115.40 (44.1% above fair value)
Industry Position: 33.3% above the Conglomerates median (#411 of 549)
No single metric tells the full story. See the HAM:FKM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aker ASA is an industrial investment company that develops businesses and exercises active ownership to create value for its shareholders and society at large. The portfolio has focused on companies in oil and gas, maritime assets, seafood/marine biotechnology, and real estate sectors. The company's investment portfolio comprises two segments: Industrial holdings and Financial investments. The primary focus for businesses within Industrial holdings is long-term value creation. Businesses within Financial investments are managed as a portfolio with a focus on financial and strategic opportunities. The company generates the majority of its revenue from Industrial holdings. Geographically, the company generates the majority of its revenue from Norway.
68GF Score
Get the complete analysis for HAM:FKM
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HAM:FKM has been successfully added to your 
