Assa Abloy ABASAZY -0.40%93 PB Ratio is 3.32 as of Jun. 26, 2026, which is 13% below its 10-year median of 3.83. GuruFocus rates ASAZY with a GF Score™ of 93/100 and a GF Value™ of $17.43 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,049 Business Services companies, Assa Abloy AB ranks worse than 79.22% 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 (2026-06-26), Assa Abloy AB's share price is $17.42. Assa Abloy AB's Book Value per Share for the quarter that ended in Mar. 2026 was $5.24. Hence, Assa Abloy AB's PB Ratio of today is 3.32.
Good Sign:
Assa Abloy AB stock PB Ratio (=3.52) is close to 1-year low of 3.28.
The historical rank and industry rank for Assa Abloy AB's PB Ratio or its related term are showing as below:
ASAZY'
s PB Ratio Range Over the Past 10 Years
Min: 2.63 Med: 3.83 Max: 5
Current: 3.43
During the past 13 years, Assa Abloy AB's highest PB Ratio was 5.00. The lowest was 2.63. And the median was 3.83.
ASAZY's PB Ratio is ranked worse than 79.22% of 1049
companies
in the Business Services industry
Industry Median: 1.62
vs ASAZY: 3.43
During the past 12 months, Assa Abloy AB's average Book Value Per Share Growth Rate was 7.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 12.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 10.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Assa Abloy AB was 26.40% per year. The lowest was -40.40% per year. And the median was 10.00% 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.
Assa Abloy AB PB Ratio Related Terms
Assa Abloy AB PB Ratio Historical Data
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The historical data trend for Assa Abloy AB'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 Security & Protection Services subindustry, Assa Abloy AB'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.
Assa Abloy AB PB Ratio vs Business Services Industry
For the Business Services industry and Industrials sector, Assa Abloy AB's PB Ratio distribution charts can be found below:
* The bar in red indicates where Assa Abloy AB'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.
Assa Abloy AB'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.
Assa Abloy AB (ASAZY) has a PB Ratio of 3.32 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Assa Abloy AB and its competitors. This is 13% below median its historical median of 3.83. Over the past decade, Assa Abloy AB's PB Ratio has ranged from 2.63 to 5.00. According to the industry distribution chart, Assa Abloy AB ranks #831 out of 1049 companies in the Business Services industry, placing it in the top 79.2%.
Is Assa Abloy AB's PB Ratio too high?
Assa Abloy AB's current PB Ratio of 3.32 is 13% below median its 10-year median of 3.83. Over the past 10 years, this metric has ranged from a low of 2.63 to a high of 5.00. The Business Services industry median PB Ratio is 1.62. Assa Abloy AB's value of 3.32 is 104.9% above this industry median. Based on the distribution chart, Assa Abloy AB ranks #831 out of 1049 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Assa Abloy AB has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Assa Abloy AB's PB Ratio compare to ALLE and MSA?
According to the Business Services industry distribution chart, Assa Abloy AB ranks #831 out of 1049 companies for PB Ratio. This places Assa Abloy AB in the lower half of its industry. The industry median PB Ratio is 1.62. Assa Abloy AB's value of 3.32 is 104.9% above this benchmark. Historically, Assa Abloy AB's own PB Ratio has ranged from 2.63 to 5.00 over the past decade. While the company's 10-year median is 3.83 vs. the industry median of 1.62, Assa Abloy AB 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 Business Services company?
The median PB Ratio among Business Services companies is 1.62, based on 1,049 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. Assa Abloy AB's current PB Ratio of 3.32 is 104.9% 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 Assa Abloy AB and its competitors. For the Business Services industry, the median PB Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Assa Abloy AB's current PB Ratio is 3.32, which is 13% below median its own 10-year median of 3.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Assa Abloy AB stock overvalued right now?
Based on GuruFocus' analysis, Assa Abloy AB (ASAZY) is currently considered Fairly Valued. The stock's GF Value™ is $17.43, compared to a current price of $17.42 — trading 0.1% below its estimated fair value. The current PB Ratio is 3.32, which is 13% below median its 10-year median of 3.83 and 104.9% above the Business Services industry median of 1.62. Assa Abloy AB's overall GF Score™ is 93/100 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 Assa Abloy AB (ASAZY), the current PB Ratio is 3.32 as of Jun. 26, 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 Assa Abloy AB (ASAZY) Overvalued in 2026?
Based on GuruFocus' analysis, Assa Abloy AB stock appears to be undervalued.
The current stock price of $17.42 is trading 0.1% below its estimated GF Value™ of $17.43.
GuruFocus considers Assa Abloy AB to be Fairly Valued.
Key valuation signals for ASAZY:
PB Ratio: 3.32 (13% below median its 10-year median of 3.83)
GF Value™: $17.43 vs. price of $17.42 (0.1% below fair value)
Industry Position: 104.9% above the Business Services median (#831 of 1049)
No single metric tells the full story. See the ASAZY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Assa Abloy is the world's largest supplier of locking and physical access solutions, sporting the world's largest installed base of locks that protect some of the most security-sensitive buildings, such as the European Parliament in Brussels. Some 70% of the group's revenue is derived from commercial, government, and other nonresidential customers. The company's product base is centered on electromechanical locks, which require identification to unlock with a keycard, biometric scan, or personal identification number. Assa Abloy's products are sold directly to security systems integrators, locksmiths, hardware stores, and original equipment manufacturers.
93GF Score
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