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Tinde SparebankOSL:TINDE -0.09%53 PB Ratio is 0.28 as of Aug. 18, 2026, which is 10% below its 10-year median of 0.31. GuruFocus rates OSL:TINDE with a GF Score™ of 53/100 and a GF Value™ of kr110.49 (Fairly Valued). The stock has 4 warning signs investors should review. Among 451 Diversified Financial Services companies, Tinde Sparebank ranks better than 98.23% 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 (2026-08-18), Tinde Sparebank's share price is kr110.10. Tinde Sparebank's Book Value per Share for the quarter that ended in Jun. 2026 was kr389.33. Hence, Tinde Sparebank's PB Ratio of today is 0.28.
The historical rank and industry rank for Tinde Sparebank's PB Ratio or its related term are showing as below:
OSL:TINDE'
s PB Ratio Range Over the Past 10 Years
Min: 0.23 Med: 0.31 Max: 0.35
Current: 0.28
During the past 9 years, Tinde Sparebank's highest PB Ratio was 0.35. The lowest was 0.23. And the median was 0.31.
OSL:TINDE's PB Ratio is ranked better than 98.23% of 451
companies
in the Diversified Financial Services industry
Industry Median: 1.39
vs OSL:TINDE: 0.28
During the past 12 months, Tinde Sparebank's average Book Value Per Share Growth Rate was 4.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -3.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 0.50% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Tinde Sparebank was 17.00% per year. The lowest was -3.80% per year. And the median was 11.15% 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.
Tinde Sparebank PB Ratio Related Terms
Tinde Sparebank PB Ratio Historical Data
* Premium members only.
The historical data trend for Tinde Sparebank'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 Financial Conglomerates subindustry, Tinde Sparebank'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.
Tinde Sparebank PB Ratio vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Tinde Sparebank's PB Ratio distribution charts can be found below:
* The bar in red indicates where Tinde Sparebank'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.
Tinde Sparebank'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.
Tinde Sparebank (OSL:TINDE) has a PB Ratio of 0.28 as of Aug. 18, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tinde Sparebank and its competitors. This is 10% below median its historical median of 0.31. Over the past decade, Tinde Sparebank's PB Ratio has ranged from 0.23 to 0.35. According to the industry distribution chart, Tinde Sparebank ranks #8 out of 451 companies in the Diversified Financial Services industry, placing it in the top 1.8%.
Is Tinde Sparebank's PB Ratio too high?
Tinde Sparebank's current PB Ratio of 0.28 is 10% below median its 10-year median of 0.31. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 0.35. The Diversified Financial Services industry median PB Ratio is 1.39. Tinde Sparebank's value of 0.28 is 79.9% below this industry median. Based on the distribution chart, Tinde Sparebank ranks #8 out of 451 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, Tinde Sparebank has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tinde Sparebank's PB Ratio compare to FRHC and VOYA?
According to the Diversified Financial Services industry distribution chart, Tinde Sparebank ranks #8 out of 451 companies for PB Ratio. This places Tinde Sparebank in the top 2% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.39. Tinde Sparebank's value of 0.28 is 79.9% below this benchmark. Historically, Tinde Sparebank's own PB Ratio has ranged from 0.23 to 0.35 over the past decade. While the company's 10-year median is 0.31 vs. the industry median of 1.39, Tinde Sparebank 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 Diversified Financial Services company?
The median PB Ratio among Diversified Financial Services companies is 1.39, based on 451 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. Tinde Sparebank's current PB Ratio of 0.28 is 79.9% 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 Tinde Sparebank and its competitors. For the Diversified Financial Services industry, the median PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tinde Sparebank's current PB Ratio is 0.28, which is 10% below median its own 10-year median of 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tinde Sparebank stock overvalued right now?
Based on GuruFocus' analysis, Tinde Sparebank (OSL:TINDE) is currently considered Fairly Valued. The stock's GF Value™ is kr110.49, compared to a current price of kr110.10 — trading 0.4% below its estimated fair value. The current PB Ratio is 0.28, which is 10% below median its 10-year median of 0.31 and 79.9% below the Diversified Financial Services industry median of 1.39. Tinde Sparebank's overall GF Score™ is 53/100 with 4 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 Tinde Sparebank (OSL:TINDE), the current PB Ratio is 0.28 as of Aug. 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 Tinde Sparebank (OSL:TINDE) Overvalued in 2026?
Based on GuruFocus' analysis, Tinde Sparebank stock appears to be undervalued.
The current stock price of kr110.10 is trading 0.4% below its estimated GF Value™ of kr110.49.
GuruFocus considers Tinde Sparebank to be Fairly Valued.
Key valuation signals for OSL:TINDE:
PB Ratio: 0.28 (10% below median its 10-year median of 0.31)
GF Value™: kr110.49 vs. price of kr110.10 (0.4% below fair value)
Industry Position: 79.9% below the Diversified Financial Services median (#8 of 451)
No single metric tells the full story. See the OSL:TINDE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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53GF Score
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