Institut IGH DD (ZAG:IGH) PB Ratio: 3.83 (As of Jul. 18, 2026) — 37% Below Median

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Director of Data and Quant Analytics at GuruFocus
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ZAG:IGH Institut IGH DD ZAG:IGH
60 GF Score
Price €11.90
GF Value €12.61
Valuation Fairly Valued
! 3 Warning Signs
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What is Institut IGH DD PB Ratio?

Institut IGH DD ZAG:IGH 60 PB Ratio is 3.83 as of Jul. 18, 2026, which is 37% below its 10-year median of 6.07. GuruFocus rates ZAG:IGH with a GF Score™ of 60/100 and a GF Value™ of €12.61 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,722 Construction companies, Institut IGH DD ranks worse than 83.51% 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), Institut IGH DD's share price is €11.90. Institut IGH DD's Book Value per Share for the quarter that ended in Mar. 2026 was €3.11. Hence, Institut IGH DD's PB Ratio of today is 3.83.

The historical rank and industry rank for Institut IGH DD's PB Ratio or its related term are showing as below:

ZAG:IGH' s PB Ratio Range Over the Past 10 Years
Min: 3.38   Med: 6.07   Max: 21.58
Current: 3.83

During the past 13 years, Institut IGH DD's highest PB Ratio was 21.58. The lowest was 3.38. And the median was 6.07.

ZAG:IGH's PB Ratio is ranked worse than
83.51% of 1722 companies
in the Construction industry
Industry Median: 1.33 vs ZAG:IGH: 3.83

During the past 12 months, Institut IGH DD's average Book Value Per Share Growth Rate was 24.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Institut IGH DD was 6.70% per year. The lowest was -64.10% per year. And the median was -33.60% per year.

Back to Basics: PB Ratio


Institut IGH DD  (ZAG:IGH) 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.


Institut IGH DD PB Ratio Related Terms


Institut IGH DD PB Ratio Historical Data

* Premium members only.

The historical data trend for Institut IGH DD'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.

Institut IGH DD PB Ratio Chart

Institut IGH DD Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 5.37 4.09

Institut IGH DD Quarterly Data
Jun21 Sep21 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 Premium Member Only 8.02 5.43 7.68 4.09 3.60

ZAG:IGH vs PWR, FIX, EME: PB Ratio Comparison

For the Engineering & Construction subindustry, Institut IGH DD'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.


Institut IGH DD PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Institut IGH DD's PB Ratio distribution charts can be found below:

* The bar in red indicates where Institut IGH DD's PB Ratio falls into.


ZAG:IGH
60GF Score
Institut IGH DD ZAG:IGH
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Institut IGH DD 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.

Institut IGH DD's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=11.90/3.107
=3.83

* 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 3.83 mean?
Institut IGH DD (ZAG:IGH) has a PB Ratio of 3.83 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 Institut IGH DD and its competitors. This is 37% below median its historical median of 6.07. Over the past decade, Institut IGH DD's PB Ratio has ranged from 3.38 to 21.58. According to the industry distribution chart, Institut IGH DD ranks #1438 out of 1722 companies in the Construction industry, placing it in the top 83.5%.
Is Institut IGH DD's PB Ratio too high?
Institut IGH DD's current PB Ratio of 3.83 is 37% below median its 10-year median of 6.07. Over the past 10 years, this metric has ranged from a low of 3.38 to a high of 21.58. The Construction industry median PB Ratio is 1.33. Institut IGH DD's value of 3.83 is 188% above this industry median. Based on the distribution chart, Institut IGH DD ranks #1438 out of 1722 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Institut IGH DD has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Institut IGH DD's PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Institut IGH DD ranks #1438 out of 1722 companies for PB Ratio. This places Institut IGH DD in the lower half of its industry. The industry median PB Ratio is 1.33. Institut IGH DD's value of 3.83 is 188% above this benchmark. Historically, Institut IGH DD's own PB Ratio has ranged from 3.38 to 21.58 over the past decade. While the company's 10-year median is 6.07 vs. the industry median of 1.33, Institut IGH DD 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 Construction company?
The median PB Ratio among Construction companies is 1.33, based on 1,722 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. Institut IGH DD's current PB Ratio of 3.83 is 188% 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 Institut IGH DD and its competitors. For the Construction industry, the median PB Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Institut IGH DD's current PB Ratio is 3.83, which is 37% below median its own 10-year median of 6.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Institut IGH DD stock overvalued right now?
Based on GuruFocus' analysis, Institut IGH DD (ZAG:IGH) is currently considered Fairly Valued. The stock's GF Value™ is €12.61, compared to a current price of €11.90 — trading 5.6% below its estimated fair value. The current PB Ratio is 3.83, which is 37% below median its 10-year median of 6.07 and 188% above the Construction industry median of 1.33. Institut IGH DD's overall GF Score™ is 60/100 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 Institut IGH DD (ZAG:IGH), the current PB Ratio is 3.83 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 Institut IGH DD (ZAG:IGH) Overvalued in 2026?

Based on GuruFocus' analysis, Institut IGH DD stock appears to be undervalued. The current stock price of €11.90 is trading 5.6% below its estimated GF Value™ of €12.61. GuruFocus considers Institut IGH DD to be Fairly Valued.

Key valuation signals for ZAG:IGH:

  • PB Ratio: 3.83 (37% below median its 10-year median of 6.07)
  • GF Value™: €12.61 vs. price of €11.90 (5.6% below fair value)
  • GF Score™: 60/100 with 3 warning signs
  • Industry Position: 188% above the Construction median (#1438 of 1722)

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


Institut IGH DD Business Description

Address Janka Rakuse 1, Zagreb, HRV, 10000
Institut IGH DD is a consulting company for engineering services in the field of construction in Croatia and the region, providing support to infrastructure and investment projects and solutions in the field of construction in Croatia and international markets. Its services are management of holding companies, architectural and engineering activities, technical consulting, improvement of regulations in the field of construction, improvement of development programs and construction technologies, and protection, preservation, and improvement of space. Its segments include Department of Design, the Department of Professional Supervision and Project Management generate maximum revenue, Department of Materials and Structures, Branches, and Management and Support Services.
60GF Score

Get the complete analysis for ZAG:IGH

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

€11.90
Price
€12.61
GF Value