Triona AB (NGM:TRIONA) PB Ratio: 3.79 (As of Jul. 18, 2026) — 12% 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.

NGM:TRIONA Triona AB NGM:TRIONA
75 GF Score
Price kr33.20
GF Value kr44.70
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Triona AB PB Ratio?

Triona AB NGM:TRIONA 75 PB Ratio is 3.79 as of Jul. 18, 2026, which is 12% below its 10-year median of 4.29. GuruFocus rates NGM:TRIONA with a GF Score™ of 75/100 and a GF Value™ of kr44.70 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,629 Software companies, Triona AB ranks worse than 69% 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), Triona AB's share price is kr33.20. Triona AB's Book Value per Share for the quarter that ended in Mar. 2026 was kr8.76. Hence, Triona AB's PB Ratio of today is 3.79.

Good Sign:

Triona AB stock PB Ratio (=3.79) is close to 5-year low of 3.46.

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

NGM:TRIONA' s PB Ratio Range Over the Past 10 Years
Min: 3.46   Med: 4.29   Max: 5.28
Current: 3.79

During the past 6 years, Triona AB's highest PB Ratio was 5.28. The lowest was 3.46. And the median was 4.29.

NGM:TRIONA's PB Ratio is ranked worse than
69% of 2629 companies
in the Software industry
Industry Median: 2.39 vs NGM:TRIONA: 3.79

During the past 12 months, Triona AB's average Book Value Per Share Growth Rate was -16.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -8.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.30% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Triona AB was 7.30% per year. The lowest was -8.30% per year. And the median was 6.10% per year.

Back to Basics: PB Ratio


Triona AB  (NGM:TRIONA) 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.


Triona AB PB Ratio Related Terms


Triona AB PB Ratio Historical Data

* Premium members only.

The historical data trend for Triona 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.

Triona AB PB Ratio Chart

Triona AB Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 0.00 4.64 4.40 4.30 4.43

Triona AB Quarterly Data
Dec20 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 4.51 4.67 4.58 4.43 3.99

NGM:TRIONA vs IBM, ACN, FISV: PB Ratio Comparison

For the Information Technology Services subindustry, Triona 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.


Triona AB PB Ratio vs Software Industry

For the Software industry and Technology sector, Triona AB's PB Ratio distribution charts can be found below:

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


NGM:TRIONA
75GF Score
Triona AB NGM:TRIONA
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Triona AB 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.

Triona AB's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=33.20/8.764
=3.79

* 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 3.79 mean?
Triona AB (NGM:TRIONA) has a PB Ratio of 3.79 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 Triona AB and its competitors. This is 12% below median its historical median of 4.29. Over the past decade, Triona AB's PB Ratio has ranged from 3.46 to 5.28. According to the industry distribution chart, Triona AB ranks #1814 out of 2629 companies in the Software industry, placing it in the top 69%.
Is Triona AB's PB Ratio too high?
Triona AB's current PB Ratio of 3.79 is 12% below median its 10-year median of 4.29. Over the past 10 years, this metric has ranged from a low of 3.46 to a high of 5.28. The Software industry median PB Ratio is 2.39. Triona AB's value of 3.79 is 58.6% above this industry median. Based on the distribution chart, Triona AB ranks #1814 out of 2629 companies in the Software industry, which is below the industry midpoint. Overall, Triona AB has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Triona AB's PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Triona AB ranks #1814 out of 2629 companies for PB Ratio. This places Triona AB in the lower half of its industry. The industry median PB Ratio is 2.39. Triona AB's value of 3.79 is 58.6% above this benchmark. Historically, Triona AB's own PB Ratio has ranged from 3.46 to 5.28 over the past decade. While the company's 10-year median is 4.29 vs. the industry median of 2.39, Triona 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 Software company?
The median PB Ratio among Software companies is 2.39, based on 2,629 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. Triona AB's current PB Ratio of 3.79 is 58.6% 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 Triona AB and its competitors. For the Software industry, the median PB Ratio is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Triona AB's current PB Ratio is 3.79, which is 12% below median its own 10-year median of 4.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Triona AB stock overvalued right now?
Based on GuruFocus' analysis, Triona AB (NGM:TRIONA) is currently considered Modestly Undervalued. The stock's GF Value™ is kr44.70, compared to a current price of kr33.20 — trading 25.7% below its estimated fair value. The current PB Ratio is 3.79, which is 12% below median its 10-year median of 4.29 and 58.6% above the Software industry median of 2.39. Triona AB's overall GF Score™ is 75/100 with 3 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 Triona AB (NGM:TRIONA), the current PB Ratio is 3.79 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 Triona AB (NGM:TRIONA) Overvalued in 2026?

Based on GuruFocus' analysis, Triona AB stock appears to be undervalued. The current stock price of kr33.20 is trading 25.7% below its estimated GF Value™ of kr44.70. GuruFocus considers Triona AB to be Modestly Undervalued.

Key valuation signals for NGM:TRIONA:

  • PB Ratio: 3.79 (12% below median its 10-year median of 4.29)
  • GF Value™: kr44.70 vs. price of kr33.20 (25.7% below fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 58.6% above the Software median (#1814 of 2629)

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


Triona AB Business Description

Address Box 762, Borlange, SWE, S-781 27
Triona AB is a Swedish IT company that provides key software solutions and services for organizations in the transport, infrastructure, forestry, and energy sectors across the Nordic region. The company specializes in improving daily operations through data-driven insights and efficient resource flows.
75GF Score

Get the complete analysis for NGM:TRIONA

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

kr33.20
Price
kr44.70
GF Value