Emerald Horizon AG (WBO:SMRX) PB Ratio: 401.15 (As of Jul. 27, 2026) — 10% Above Median

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WBO:SMRX Emerald Horizon AG WBO:SMRX
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What is Emerald Horizon AG PB Ratio?

Emerald Horizon AG WBO:SMRX -2.28% 10 PB Ratio is 401.15 as of Jul. 27, 2026, which is 10% above its 10-year median of 363.34. GuruFocus rates WBO:SMRX with a GF Score™ of 10/100. The stock has 1 warning sign investors should review. Among 2,985 Industrial Products companies, Emerald Horizon AG ranks worse than 100% 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 (2026-07-27), Emerald Horizon AG's share price is €1114.00. Emerald Horizon AG's Book Value per Share for the quarter that ended in Dec. 2025 was €2.78. Hence, Emerald Horizon AG's PB Ratio of today is 401.15.

The historical rank and industry rank for Emerald Horizon AG's PB Ratio or its related term are showing as below:

WBO:SMRX' s PB Ratio Range Over the Past 10 Years
Min: 338.85   Med: 363.34   Max: 401.15
Current: 401.15

During the past 3 years, Emerald Horizon AG's highest PB Ratio was 401.15. The lowest was 338.85. And the median was 363.34.

WBO:SMRX's PB Ratio is ranked worse than
100% of 2985 companies
in the Industrial Products industry
Industry Median: 2.12 vs WBO:SMRX: 401.15

During the past 12 months, Emerald Horizon AG's average Book Value Per Share Growth Rate was 137.10% per year.

Back to Basics: PB Ratio


Emerald Horizon AG  (WBO:SMRX) 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.


Emerald Horizon AG PB Ratio Related Terms


Emerald Horizon AG PB Ratio Historical Data

* Premium members only.

The historical data trend for Emerald Horizon AG'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.

Emerald Horizon AG PB Ratio Chart

Emerald Horizon AG Annual Data
Trend Dec23 Dec24 Dec25
PB Ratio
0.00 0.00 0.00

Emerald Horizon AG Quarterly Data
Dec23 Dec24 Dec25
PB Ratio 0.00 0.00 0.00

WBO:SMRX vs GEV, ETN, PH: PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Emerald Horizon AG'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.


Emerald Horizon AG PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Emerald Horizon AG's PB Ratio distribution charts can be found below:

* The bar in red indicates where Emerald Horizon AG's PB Ratio falls into.


WBO:SMRX
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Emerald Horizon AG WBO:SMRX
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Emerald Horizon AG 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.

Emerald Horizon AG's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=1114.00/2.777
=401.15

* 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 401.15 mean?
Emerald Horizon AG (WBO:SMRX) has a PB Ratio of 401.15 as of Jul. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Emerald Horizon AG and its competitors. This is 10% above median its historical median of 363.34. Over the past decade, Emerald Horizon AG's PB Ratio has ranged from 338.85 to 401.15. According to the industry distribution chart, Emerald Horizon AG ranks #2985 out of 2985 companies in the Industrial Products industry.
Is Emerald Horizon AG's PB Ratio too high?
Emerald Horizon AG's current PB Ratio of 401.15 is 10% above median its 10-year median of 363.34. Over the past 10 years, this metric has ranged from a low of 338.85 to a high of 401.15. The Industrial Products industry median PB Ratio is 2.12. Emerald Horizon AG's value of 401.15 is 18822.2% above this industry median. Based on the distribution chart, Emerald Horizon AG ranks #2985 out of 2985 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Emerald Horizon AG has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Emerald Horizon AG's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Emerald Horizon AG ranks #2985 out of 2985 companies for PB Ratio. This places Emerald Horizon AG in the lower half of its industry. The industry median PB Ratio is 2.12. Emerald Horizon AG's value of 401.15 is 18822.2% above this benchmark. Historically, Emerald Horizon AG's own PB Ratio has ranged from 338.85 to 401.15 over the past decade. While the company's 10-year median is 363.34 vs. the industry median of 2.12, Emerald Horizon AG 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.12, based on 2,985 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. Emerald Horizon AG's current PB Ratio of 401.15 is 18822.2% 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 Emerald Horizon AG and its competitors. For the Industrial Products industry, the median PB Ratio is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emerald Horizon AG's current PB Ratio is 401.15, which is 10% above median its own 10-year median of 363.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emerald Horizon AG stock overvalued right now?
Emerald Horizon AG (WBO:SMRX) has a current PB Ratio of 401.15. The current PB Ratio is 401.15, which is 10% above median its 10-year median of 363.34 and 18822.2% above the Industrial Products industry median of 2.12. Emerald Horizon AG's overall GF Score™ is 10/100 with 1 warning sign 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 Emerald Horizon AG (WBO:SMRX), the current PB Ratio is 401.15 as of Jul. 27, 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.

Emerald Horizon AG Business Description

Other Exchanges YO2:Germany
Address Karl-Huber-Gasse 15, Graz, AUT, 8041
Emerald Horizon AG develops technologies for decarbonizing the energy supply under the SMRX brand-ranging from hybrid energy storage systems to next-generation modular reactors. The company aims to provide safe, scalable, and globally deployable baseload energy, free from the drawbacks of conventional nuclear technology. Its technologies under development include ADES, an accelerator-driven thorium-based nuclear power system, and CALstore, a molten-salt thermal energy storage system. The company also develops the DUALstore PLUS system, which combines energy storage technologies with an AI-based multicontrol unit.
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