Elkem ASAFRA:1DP +1.29%61 PB Ratio is 0.85 as of Jun. 27, 2026, which is 1% below its 10-year median of 0.86. GuruFocus rates FRA:1DP with a GF Score™ of 61/100 and a GF Value™ of €1.66 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,583 Chemicals companies, Elkem ASA ranks better than 77.32% 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 (2026-06-27), Elkem ASA's share price is €2.832. Elkem ASA's Book Value per Share for the quarter that ended in Mar. 2026 was €3.34. Hence, Elkem ASA's PB Ratio of today is 0.85.
Warning Sign:
Elkem ASA stock PB Ratio (=0.84) is close to 3-year high of 0.89.
The historical rank and industry rank for Elkem ASA's PB Ratio or its related term are showing as below:
FRA:1DP'
s PB Ratio Range Over the Past 10 Years
Min: 0.41 Med: 0.86 Max: 2.16
Current: 0.84
During the past 12 years, Elkem ASA's highest PB Ratio was 2.16. The lowest was 0.41. And the median was 0.86.
FRA:1DP's PB Ratio is ranked better than 77.32% of 1583
companies
in the Chemicals industry
Industry Median: 1.77
vs FRA:1DP: 0.84
During the past 12 months, Elkem ASA's average Book Value Per Share Growth Rate was -4.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -5.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 10.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 15.30% per year.
During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Elkem ASA was 31.10% per year. The lowest was -5.80% per year. And the median was 15.10% 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.
Elkem ASA PB Ratio Related Terms
Elkem ASA PB Ratio Historical Data
* Premium members only.
The historical data trend for Elkem 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 Specialty Chemicals subindustry, Elkem 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.
Elkem ASA PB Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Elkem ASA's PB Ratio distribution charts can be found below:
* The bar in red indicates where Elkem 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.
Elkem 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.
Elkem ASA (FRA:1DP) has a PB Ratio of 0.85 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Elkem ASA and its competitors. This is near median its historical median of 0.86. Over the past decade, Elkem ASA's PB Ratio has ranged from 0.41 to 2.16. According to the industry distribution chart, Elkem ASA ranks #359 out of 1583 companies in the Chemicals industry, placing it in the top 22.7%.
Is Elkem ASA's PB Ratio too high?
Elkem ASA's current PB Ratio of 0.85 is near median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 2.16. The Chemicals industry median PB Ratio is 1.77. Elkem ASA's value of 0.85 is 52% below this industry median. Based on the distribution chart, Elkem ASA ranks #359 out of 1583 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Elkem ASA has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elkem ASA's PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Elkem ASA ranks #359 out of 1583 companies for PB Ratio. This places Elkem ASA in the top 23% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.77. Elkem ASA's value of 0.85 is 52% below this benchmark. Historically, Elkem ASA's own PB Ratio has ranged from 0.41 to 2.16 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 1.77, Elkem ASA 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 Chemicals company?
The median PB Ratio among Chemicals companies is 1.77, based on 1,583 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. Elkem ASA's current PB Ratio of 0.85 is 52% 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 Elkem ASA and its competitors. For the Chemicals industry, the median PB Ratio is 1.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elkem ASA's current PB Ratio is 0.85, which is near median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elkem ASA stock overvalued right now?
Based on GuruFocus' analysis, Elkem ASA (FRA:1DP) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.66, compared to a current price of €2.83 — trading 70.6% above its estimated fair value. The current PB Ratio is 0.85, which is near median its 10-year median of 0.86 and 52% below the Chemicals industry median of 1.77. Elkem ASA's overall GF Score™ is 61/100 with 9 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 Elkem ASA (FRA:1DP), the current PB Ratio is 0.85 as of Jun. 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.
Is Elkem ASA (FRA:1DP) Overvalued in 2026?
Based on GuruFocus' analysis, Elkem ASA stock appears to be overvalued.
The current stock price of €2.83 is trading 70.6% above its estimated GF Value™ of €1.66.
GuruFocus considers Elkem ASA to be Significantly Overvalued.
Key valuation signals for FRA:1DP:
PB Ratio: 0.85 (near median its 10-year median of 0.86)
GF Value™: €1.66 vs. price of €2.83 (70.6% above fair value)
Industry Position: 52% below the Chemicals median (#359 of 1583)
No single metric tells the full story. See the FRA:1DP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elkem ASA offers material solutions that shape a more sustainable future. The company develops silicones, silicon products, and carbon solutions by combining natural raw materials, renewable energy, and human ingenuity. The group helps its customers create and improve essential innovations in electric mobility, digital communications, health, and personal care, as well as in smarter, more sustainable cities. It has three reportable segments, namely Silicones, Silicon Products, and Carbon Solutions. It generates the majority of the revenue from the Silicones segment.
61GF Score
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