Neptune Digital AssetsFRA:1NW +3.42%24 PB Ratio is 1.49 as of Jul. 12, 2026, which is 8% below its 10-year median of 1.62. GuruFocus rates FRA:1NW with a GF Score™ of 24/100 and a GF Value™ of €0.14 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 779 Capital Markets companies, Neptune Digital Assets ranks worse than 53.02% on this metric.
The historical rank and industry rank for Neptune Digital Assets's PB Ratio or its related term are showing as below:
FRA:1NW'
s PB Ratio Range Over the Past 10 Years
Min: 0.44 Med: 1.62 Max: 36.88
Current: 1.46
During the past 7 years, Neptune Digital Assets's highest PB Ratio was 36.88. The lowest was 0.44. And the median was 1.62.
FRA:1NW's PB Ratio is ranked worse than 53.02% of 779
companies
in the Capital Markets industry
Industry Median: 1.36
vs FRA:1NW: 1.46
During the past 12 months, Neptune Digital Assets's average Book Value Per Share Growth Rate was -22.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 26.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 43.10% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Neptune Digital Assets was 106.30% per year. The lowest was -3.80% per year. And the median was 54.50% per year.
Back to Basics: PB Ratio
Neptune Digital Assets (FRA:1NW) 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.
* 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 Capital Markets subindustry, Neptune Digital Assets'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.
Neptune Digital Assets PB Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Neptune Digital Assets's PB Ratio distribution charts can be found below:
* The bar in red indicates where Neptune Digital Assets'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.
Neptune Digital Assets (FRA:1NW) has a PB Ratio of 1.49 as of Jul. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Neptune Digital Assets and its competitors. This is near median its historical median of 1.62. Over the past decade, Neptune Digital Assets' PB Ratio has ranged from 0.44 to 36.88. According to the industry distribution chart, Neptune Digital Assets ranks #413 out of 779 companies in the Capital Markets industry, placing it in the top 53%.
Is Neptune Digital Assets' PB Ratio too high?
Neptune Digital Assets' current PB Ratio of 1.49 is near median its 10-year median of 1.62. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 36.88. The Capital Markets industry median PB Ratio is 1.36. Neptune Digital Assets' value of 1.49 is 9.6% above this industry median. Based on the distribution chart, Neptune Digital Assets ranks #413 out of 779 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Neptune Digital Assets has a GF Score™ of 24/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neptune Digital Assets' PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Neptune Digital Assets ranks #413 out of 779 companies for PB Ratio. This places Neptune Digital Assets in the lower half of its industry. The industry median PB Ratio is 1.36. Neptune Digital Assets' value of 1.49 is 9.6% above this benchmark. Historically, Neptune Digital Assets' own PB Ratio has ranged from 0.44 to 36.88 over the past decade. While the company's 10-year median is 1.62 vs. the industry median of 1.36, Neptune Digital Assets 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 Capital Markets company?
The median PB Ratio among Capital Markets companies is 1.36, based on 779 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. Neptune Digital Assets's current PB Ratio of 1.49 is 9.6% 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 Neptune Digital Assets and its competitors. For the Capital Markets industry, the median PB Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neptune Digital Assets's current PB Ratio is 1.49, which is near median its own 10-year median of 1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neptune Digital Assets stock overvalued right now?
Based on GuruFocus' analysis, Neptune Digital Assets (FRA:1NW) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.14, compared to a current price of €0.38 — trading 169.6% above its estimated fair value. The current PB Ratio is 1.49, which is near median its 10-year median of 1.62 and 9.6% above the Capital Markets industry median of 1.36. Neptune Digital Assets' overall GF Score™ is 24/100 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 Neptune Digital Assets (FRA:1NW), the current PB Ratio is 1.49 as of Jul. 12, 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 Neptune Digital Assets (FRA:1NW) Overvalued in 2026?
Based on GuruFocus' analysis, Neptune Digital Assets stock appears to be overvalued.
The current stock price of €0.38 is trading 169.6% above its estimated GF Value™ of €0.14.
GuruFocus considers Neptune Digital Assets to be Significantly Overvalued.
Key valuation signals for FRA:1NW:
PB Ratio: 1.49 (near median its 10-year median of 1.62)
GF Value™: €0.14 vs. price of €0.38 (169.6% above fair value)
Industry Position: 9.6% above the Capital Markets median (#413 of 779)
No single metric tells the full story. See the FRA:1NW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Neptune Digital Assets Corp is engaged in developing, owning, and operating infrastructure for the digital currency ecosystem. Its core assets are digital currencies, and its main business activities include Bitcoin mining, blockchain staking, and node management to generate digital currency rewards, as well as participation in decentralized finance (DeFi) activities. Additionally, the company engages in cash lending with the objective of earning interest. The company operates in Canada and the United States. The majority of the company's bitcoin mining revenue is derived from Canada.
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