Netcompany Group ASOCSE:NETC -2.88%99 PB Ratio is 3.85 as of Jun. 24, 2026, which is 35% below its 10-year median of 5.93. GuruFocus rates OCSE:NETC with a GF Score™ of 99/100 and a GF Value™ of kr423.50 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,624 Software companies, Netcompany Group AS ranks worse than 69.63% on this metric.
The historical rank and industry rank for Netcompany Group AS's PB Ratio or its related term are showing as below:
OCSE:NETC'
s PB Ratio Range Over the Past 10 Years
Min: 2.72 Med: 5.93 Max: 15.34
Current: 3.85
During the past 11 years, Netcompany Group AS's highest PB Ratio was 15.34. The lowest was 2.72. And the median was 5.93.
OCSE:NETC's PB Ratio is ranked worse than 69.63% of 2624
companies
in the Software industry
Industry Median: 2.37
vs OCSE:NETC: 3.85
During the past 12 months, Netcompany Group AS's average Book Value Per Share Growth Rate was -3.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 2.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 8.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 21.50% per year.
During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Netcompany Group AS was 81.80% per year. The lowest was 2.00% per year. And the median was 17.35% per year.
Back to Basics: PB Ratio
Netcompany Group AS (OCSE:NETC) PB Ratio Explanation
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.
Netcompany Group AS PB Ratio Related Terms
Netcompany Group AS PB Ratio Historical Data
* Premium members only.
The historical data trend for Netcompany Group AS'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 Information Technology Services subindustry, Netcompany Group AS'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.
Netcompany Group AS PB Ratio vs Software Industry
For the Software industry and Technology sector, Netcompany Group AS's PB Ratio distribution charts can be found below:
* The bar in red indicates where Netcompany Group AS'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.
Netcompany Group AS (OCSE:NETC) has a PB Ratio of 3.85 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Netcompany Group AS and its competitors. This is 35% below median its historical median of 5.93. Over the past decade, Netcompany Group AS's PB Ratio has ranged from 2.72 to 15.34. According to the industry distribution chart, Netcompany Group AS ranks #1827 out of 2624 companies in the Software industry, placing it in the top 69.6%.
Is Netcompany Group AS's PB Ratio too high?
Netcompany Group AS's current PB Ratio of 3.85 is 35% below median its 10-year median of 5.93. Over the past 10 years, this metric has ranged from a low of 2.72 to a high of 15.34. The Software industry median PB Ratio is 2.37. Netcompany Group AS's value of 3.85 is 62.4% above this industry median. Based on the distribution chart, Netcompany Group AS ranks #1827 out of 2624 companies in the Software industry, which is below the industry midpoint. Overall, Netcompany Group AS has a GF Score™ of 99/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Netcompany Group AS's PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Netcompany Group AS ranks #1827 out of 2624 companies for PB Ratio. This places Netcompany Group AS in the lower half of its industry. The industry median PB Ratio is 2.37. Netcompany Group AS's value of 3.85 is 62.4% above this benchmark. Historically, Netcompany Group AS's own PB Ratio has ranged from 2.72 to 15.34 over the past decade. While the company's 10-year median is 5.93 vs. the industry median of 2.37, Netcompany Group AS 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 2.37, based on 2,624 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. Netcompany Group AS's current PB Ratio of 3.85 is 62.4% 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 Netcompany Group AS and its competitors. For the Software industry, the median PB Ratio is 2.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netcompany Group AS's current PB Ratio is 3.85, which is 35% below median its own 10-year median of 5.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netcompany Group AS stock overvalued right now?
Based on GuruFocus' analysis, Netcompany Group AS (OCSE:NETC) is currently considered Significantly Undervalued. The stock's GF Value™ is kr423.50, compared to a current price of kr289.60 — trading 31.6% below its estimated fair value. The current PB Ratio is 3.85, which is 35% below median its 10-year median of 5.93 and 62.4% above the Software industry median of 2.37. Netcompany Group AS's overall GF Score™ is 99/100 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 Netcompany Group AS (OCSE:NETC), the current PB Ratio is 3.85 as of Jun. 24, 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 Netcompany Group AS (OCSE:NETC) Overvalued in 2026?
Based on GuruFocus' analysis, Netcompany Group AS stock appears to be undervalued.
The current stock price of kr289.60 is trading 31.6% below its estimated GF Value™ of kr423.50.
GuruFocus considers Netcompany Group AS to be Significantly Undervalued.
Key valuation signals for OCSE:NETC:
PB Ratio: 3.85 (35% below median its 10-year median of 5.93)
GF Value™: kr423.50 vs. price of kr289.60 (31.6% below fair value)
Industry Position: 62.4% above the Software median (#1827 of 2624)
No single metric tells the full story. See the OCSE:NETC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Netcompany Group AS is an information technology services company. The company is engaged in delivering business-critical IT solutions to large Public and Private sector customers and supporting them in their digital transformation journeys. Its offerings include software solutions and digital platforms such as Pulse, Easley AI and Solon Tax among others. The company's business segments are Denmark, SEE & EUI, the United Kingdom, Norway, the Netherlands and Banking Services. It generates the majority of revenue from the Denmark segment.
99GF Score
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