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SalMar ASAOSL:SALM +2.56%98 PB Ratio is 3.55 as of Jul. 16, 2026, which is 23% below its 10-year median of 4.62. GuruFocus rates OSL:SALM with a GF Score™ of 98/100 and a GF Value™ of kr614.66 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,900 Consumer Packaged Goods companies, SalMar ASA ranks worse than 84.26% 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), SalMar ASA's share price is kr488.00. SalMar ASA's Book Value per Share for the quarter that ended in Mar. 2026 was kr137.34. Hence, SalMar ASA's PB Ratio of today is 3.55.
Good Sign:
SalMar ASA stock PB Ratio (=3.37) is close to 3-year low of 3.14.
The historical rank and industry rank for SalMar ASA's PB Ratio or its related term are showing as below:
OSL:SALM'
s PB Ratio Range Over the Past 10 Years
Min: 2.58 Med: 4.62 Max: 7.27
Current: 3.56
During the past 13 years, SalMar ASA's highest PB Ratio was 7.27. The lowest was 2.58. And the median was 4.62.
OSL:SALM's PB Ratio is ranked worse than 84.26% of 1900
companies
in the Consumer Packaged Goods industry
Industry Median: 1.36
vs OSL:SALM: 3.56
During the past 12 months, SalMar ASA's average Book Value Per Share Growth Rate was -0.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -0.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 8.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 11.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of SalMar ASA was 84.70% per year. The lowest was -0.60% per year. And the median was 18.70% 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.
SalMar ASA PB Ratio Related Terms
SalMar ASA PB Ratio Historical Data
* Premium members only.
The historical data trend for SalMar 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 Farm Products subindustry, SalMar 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.
SalMar ASA PB Ratio vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, SalMar ASA's PB Ratio distribution charts can be found below:
* The bar in red indicates where SalMar 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.
SalMar 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.
SalMar ASA (OSL:SALM) has a PB Ratio of 3.55 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 SalMar ASA and its competitors. This is 23% below median its historical median of 4.62. Over the past decade, SalMar ASA's PB Ratio has ranged from 2.58 to 7.27. According to the industry distribution chart, SalMar ASA ranks #1601 out of 1900 companies in the Consumer Packaged Goods industry, placing it in the top 84.3%.
Is SalMar ASA's PB Ratio too high?
SalMar ASA's current PB Ratio of 3.55 is 23% below median its 10-year median of 4.62. Over the past 10 years, this metric has ranged from a low of 2.58 to a high of 7.27. The Consumer Packaged Goods industry median PB Ratio is 1.36. SalMar ASA's value of 3.55 is 161% above this industry median. Based on the distribution chart, SalMar ASA ranks #1601 out of 1900 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, SalMar ASA has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SalMar ASA's PB Ratio compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, SalMar ASA ranks #1601 out of 1900 companies for PB Ratio. This places SalMar ASA in the lower half of its industry. The industry median PB Ratio is 1.36. SalMar ASA's value of 3.55 is 161% above this benchmark. Historically, SalMar ASA's own PB Ratio has ranged from 2.58 to 7.27 over the past decade. While the company's 10-year median is 4.62 vs. the industry median of 1.36, SalMar 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 Consumer Packaged Goods company?
The median PB Ratio among Consumer Packaged Goods companies is 1.36, based on 1,900 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. SalMar ASA's current PB Ratio of 3.55 is 161% 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 SalMar ASA and its competitors. For the Consumer Packaged Goods industry, the median PB Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SalMar ASA's current PB Ratio is 3.55, which is 23% below median its own 10-year median of 4.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SalMar ASA stock overvalued right now?
Based on GuruFocus' analysis, SalMar ASA (OSL:SALM) is currently considered Modestly Undervalued. The stock's GF Value™ is kr614.66, compared to a current price of kr488.00 — trading 20.6% below its estimated fair value. The current PB Ratio is 3.55, which is 23% below median its 10-year median of 4.62 and 161% above the Consumer Packaged Goods industry median of 1.36. SalMar ASA's overall GF Score™ is 98/100 with 6 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 SalMar ASA (OSL:SALM), the current PB Ratio is 3.55 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 SalMar ASA (OSL:SALM) Overvalued in 2026?
Based on GuruFocus' analysis, SalMar ASA stock appears to be undervalued.
The current stock price of kr488.00 is trading 20.6% below its estimated GF Value™ of kr614.66.
GuruFocus considers SalMar ASA to be Modestly Undervalued.
Key valuation signals for OSL:SALM:
PB Ratio: 3.55 (23% below median its 10-year median of 4.62)
GF Value™: kr614.66 vs. price of kr488.00 (20.6% below fair value)
Industry Position: 161% above the Consumer Packaged Goods median (#1601 of 1900)
No single metric tells the full story. See the OSL:SALM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SalMar ASA produces and sells farmed salmon internationally. It operates hatcheries and controls the farming at all stages until the fish are ready to be harvested, processed, and packaged into various products. Products are developed with new mixes and packing methods to make them more convenient for customers. The salmon are sold through an in-house salesforce and close partners of the company. Proximity to customers and tracking the use of resources play a factor in delivering the raw material.
98GF Score
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