Zalaris ASACHIX:ZALO 87 PB Ratio is 3.90 as of Jun. 28, 2026, which is 39% below its 10-year median of 6.38. GuruFocus rates CHIX:ZALO with a GF Score™ of 87/100 and a GF Value™ of kr47.22. The stock has 6 warning signs investors should review. Among 1,050 Business Services companies, Zalaris ASA ranks worse than 93.43% 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 (2026-06-28), Zalaris ASA's share price is kr51.60. Zalaris ASA's Book Value per Share for the quarter that ended in Mar. 2026 was kr13.24. Hence, Zalaris ASA's PB Ratio of today is 3.90.
Warning Sign:
Zalaris ASA stock PB Ratio (=7.55) is close to 5-year high of 7.69.
The historical rank and industry rank for Zalaris ASA's PB Ratio or its related term are showing as below:
CHIX:ZALo'
s PB Ratio Range Over the Past 10 Years
Min: 2.59 Med: 6.38 Max: 12.44
Current: 7.55
During the past 13 years, Zalaris ASA's highest PB Ratio was 12.44. The lowest was 2.59. And the median was 6.38.
CHIX:ZALo's PB Ratio is ranked worse than 93.43% of 1050
companies
in the Business Services industry
Industry Median: 1.62
vs CHIX:ZALo: 7.55
During the past 12 months, Zalaris ASA's average Book Value Per Share Growth Rate was 3.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 18.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 16.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 10.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Zalaris ASA was 90.10% per year. The lowest was -3.80% per year. And the median was 18.05% 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.
Zalaris ASA PB Ratio Related Terms
Zalaris ASA PB Ratio Historical Data
* Premium members only.
The historical data trend for Zalaris ASA'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 Staffing & Employment Services subindustry, Zalaris ASA'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.
Zalaris ASA PB Ratio vs Business Services Industry
For the Business Services industry and Industrials sector, Zalaris ASA's PB Ratio distribution charts can be found below:
* The bar in red indicates where Zalaris ASA'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.
Zalaris ASA'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.
Zalaris ASA (CHIX:ZALO) has a PB Ratio of 3.90 as of Jun. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Zalaris ASA and its competitors. This is 39% below median its historical median of 6.38. Over the past decade, Zalaris ASA's PB Ratio has ranged from 2.59 to 12.44. According to the industry distribution chart, Zalaris ASA ranks #981 out of 1050 companies in the Business Services industry, placing it in the top 93.4%.
Is Zalaris ASA's PB Ratio too high?
Zalaris ASA's current PB Ratio of 3.90 is 39% below median its 10-year median of 6.38. Over the past 10 years, this metric has ranged from a low of 2.59 to a high of 12.44. The Business Services industry median PB Ratio is 1.62. Zalaris ASA's value of 3.90 is 140.7% above this industry median. Based on the distribution chart, Zalaris ASA ranks #981 out of 1050 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Zalaris ASA has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Zalaris ASA's PB Ratio compare to KFY and RHI?
According to the Business Services industry distribution chart, Zalaris ASA ranks #981 out of 1050 companies for PB Ratio. This places Zalaris ASA in the lower half of its industry. The industry median PB Ratio is 1.62. Zalaris ASA's value of 3.90 is 140.7% above this benchmark. Historically, Zalaris ASA's own PB Ratio has ranged from 2.59 to 12.44 over the past decade. While the company's 10-year median is 6.38 vs. the industry median of 1.62, Zalaris ASA 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 1,050 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. Zalaris ASA's current PB Ratio of 3.90 is 140.7% 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 Zalaris ASA 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. Zalaris ASA's current PB Ratio is 3.90, which is 39% below median its own 10-year median of 6.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zalaris ASA stock overvalued right now?
Zalaris ASA (CHIX:ZALO) has a current PB Ratio of 3.90. The stock's GF Value™ is kr47.22, compared to a current price of kr51.60 — trading 9.3% above its estimated fair value. The current PB Ratio is 3.90, which is 39% below median its 10-year median of 6.38 and 140.7% above the Business Services industry median of 1.62. Zalaris ASA's overall GF Score™ is 87/100 with 6 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 Zalaris ASA (CHIX:ZALO), the current PB Ratio is 3.90 as of Jun. 28, 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 Zalaris ASA (CHIX:ZALO) Overvalued in 2026?
Based on GuruFocus' analysis, Zalaris ASA stock appears to be overvalued.
The current stock price of kr51.60 is trading 9.3% above its estimated GF Value™ of kr47.22.
Key valuation signals for CHIX:ZALO:
PB Ratio: 3.90 (39% below median its 10-year median of 6.38)
GF Value™: kr47.22 vs. price of kr51.60 (9.3% above fair value)
Industry Position: 140.7% above the Business Services median (#981 of 1050)
No single metric tells the full story. See the CHIX:ZALO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zalaris ASA is a company that offers outsourced personnel and payroll services. The company has two reportable segments: Managed Services and Zalaris Consulting. Managed Services include payroll and HR outsourcing services, cloud system solutions and services, and contribute to the majority of the revenue. The Zalaris Consulting segment includes the implementation of SAP HCM & Payroll and SuccessFactors, based on Zalaris templates, or implementation of customer-specific functionalities. Zalaris operates in Norway, Northern Europe, Central Europe, the UK, Ireland, and APAC.
87GF Score
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