The historical rank and industry rank for Gronlandsbanken AS's PB Ratio or its related term are showing as below:
CHIX:GRLAc'
s PB Ratio Range Over the Past 10 Years
Min: 0.73 Med: 0.93 Max: 1.33
Current: 1.19
During the past 13 years, Gronlandsbanken AS's highest PB Ratio was 1.33. The lowest was 0.73. And the median was 0.93.
CHIX:GRLAc's PB Ratio is ranked worse than 57.78% of 1516
companies
in the Banks industry
Industry Median: 1.09
vs CHIX:GRLAc: 1.19
During the past 12 months, Gronlandsbanken AS's average Book Value Per Share Growth Rate was 2.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 6.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 6.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Gronlandsbanken AS was 8.90% per year. The lowest was 0.00% per year. And the median was 5.50% per year.
Back to Basics: PB Ratio
Gronlandsbanken AS (CHIX:GRLAc) PB Ratio Explanation
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.
Gronlandsbanken AS PB Ratio Related Terms
Gronlandsbanken AS PB Ratio Historical Data
* Premium members only.
The historical data trend for Gronlandsbanken AS'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 Banks - Regional subindustry, Gronlandsbanken AS'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.
Gronlandsbanken AS PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Gronlandsbanken AS's PB Ratio distribution charts can be found below:
* The bar in red indicates where Gronlandsbanken AS'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.
* 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.
Gronlandsbanken AS (CHIX:GRLAC) has a PB Ratio of 0.70 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 Gronlandsbanken AS and its competitors. This is 25% below median its historical median of 0.93. Over the past decade, Gronlandsbanken AS's PB Ratio has ranged from 0.73 to 1.33. According to the industry distribution chart, Gronlandsbanken AS ranks #876 out of 1516 companies in the Banks industry, placing it in the top 57.8%.
Is Gronlandsbanken AS's PB Ratio too high?
Gronlandsbanken AS's current PB Ratio of 0.70 is 25% below median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 1.33. The Banks industry median PB Ratio is 1.09. Gronlandsbanken AS's value of 0.70 is 35.8% below this industry median. Based on the distribution chart, Gronlandsbanken AS ranks #876 out of 1516 companies in the Banks industry, which is below the industry midpoint. Overall, Gronlandsbanken AS has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Gronlandsbanken AS's PB Ratio compare to competitors?
According to the Banks industry distribution chart, Gronlandsbanken AS ranks #876 out of 1516 companies for PB Ratio. This places Gronlandsbanken AS in the lower half of its industry. The industry median PB Ratio is 1.09. Gronlandsbanken AS's value of 0.70 is 35.8% below this benchmark. Historically, Gronlandsbanken AS's own PB Ratio has ranged from 0.73 to 1.33 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 1.09, Gronlandsbanken AS 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 Banks company?
The median PB Ratio among Banks companies is 1.09, based on 1,516 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. Gronlandsbanken AS's current PB Ratio of 0.70 is 35.8% 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 Gronlandsbanken AS and its competitors. For the Banks industry, the median PB Ratio is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gronlandsbanken AS's current PB Ratio is 0.70, which is 25% below median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gronlandsbanken AS stock overvalued right now?
Gronlandsbanken AS (CHIX:GRLAC) has a current PB Ratio of 0.70. The stock's GF Value™ is kr384.56, compared to a current price of kr590.00 — trading 53.4% above its estimated fair value. The current PB Ratio is 0.70, which is 25% below median its 10-year median of 0.93 and 35.8% below the Banks industry median of 1.09. Gronlandsbanken AS's overall GF Score™ is 54/100 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 Gronlandsbanken AS (CHIX:GRLAC), the current PB Ratio is 0.70 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 Gronlandsbanken AS (CHIX:GRLAC) Overvalued in 2026?
Based on GuruFocus' analysis, Gronlandsbanken AS stock appears to be overvalued.
The current stock price of kr590.00 is trading 53.4% above its estimated GF Value™ of kr384.56.
Key valuation signals for CHIX:GRLAC:
PB Ratio: 0.70 (25% below median its 10-year median of 0.93)
GF Value™: kr384.56 vs. price of kr590.00 (53.4% above fair value)
Industry Position: 35.8% below the Banks median (#876 of 1516)
No single metric tells the full story. See the CHIX:GRLAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gronlandsbanken AS is a Greenland-based bank engaged in consultancy and financial services in Greenland. The bank's products and services are provided to private customers and commercial enterprises. The company offers home banking, mortgage loans, savings accounts, pension funds, insurance, payment transfers, and investment advisory services. It also operates an electronic banking platform, named Netbank, which enables access to a range of facilities, such as payments, transfers, and invoices.
54GF Score
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