Elma Electronic AGFRA:312 63 PB Ratio is 4.79 as of Jul. 12, 2026, which is 41% above its 10-year median of 3.40. GuruFocus rates FRA:312 with a GF Score™ of 63/100 and a GF Value™ of €1,224.46. The stock has 9 warning signs investors should review. Among 2,421 Hardware companies, Elma Electronic AG ranks worse than 74.18% on this metric.
Elma Electronic AG stock PB Ratio (=4.74) is close to 10-year high of 4.91.
The historical rank and industry rank for Elma Electronic AG's PB Ratio or its related term are showing as below:
FRA:312'
s PB Ratio Range Over the Past 10 Years
Min: 2.07 Med: 3.4 Max: 4.91
Current: 4.74
During the past 13 years, Elma Electronic AG's highest PB Ratio was 4.91. The lowest was 2.07. And the median was 3.40.
FRA:312's PB Ratio is ranked worse than 74.18% of 2421
companies
in the Hardware industry
Industry Median: 2.35
vs FRA:312: 4.74
During the past 12 months, Elma Electronic AG'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 5.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 8.10% 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 Elma Electronic AG was 13.00% per year. The lowest was -24.20% per year. And the median was 7.65% 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.
Elma Electronic AG PB Ratio Related Terms
Elma Electronic AG PB Ratio Historical Data
* Premium members only.
The historical data trend for Elma Electronic AG'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 Computer Hardware subindustry, Elma Electronic AG'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.
Elma Electronic AG PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Elma Electronic AG's PB Ratio distribution charts can be found below:
* The bar in red indicates where Elma Electronic AG'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.
Elma Electronic AG (FRA:312) has a PB Ratio of 4.79 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 Elma Electronic AG and its competitors. This is 41% above median its historical median of 3.40. Over the past decade, Elma Electronic AG's PB Ratio has ranged from 2.07 to 4.91. According to the industry distribution chart, Elma Electronic AG ranks #1796 out of 2421 companies in the Hardware industry, placing it in the top 74.2%.
Is Elma Electronic AG's PB Ratio too high?
Elma Electronic AG's current PB Ratio of 4.79 is 41% above median its 10-year median of 3.40. Over the past 10 years, this metric has ranged from a low of 2.07 to a high of 4.91. The Hardware industry median PB Ratio is 2.35. Elma Electronic AG's value of 4.79 is 103.8% above this industry median. Based on the distribution chart, Elma Electronic AG ranks #1796 out of 2421 companies in the Hardware industry, which is below the industry midpoint. Overall, Elma Electronic AG has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does Elma Electronic AG's PB Ratio compare to SNDK and DELL?
According to the Hardware industry distribution chart, Elma Electronic AG ranks #1796 out of 2421 companies for PB Ratio. This places Elma Electronic AG in the lower half of its industry. The industry median PB Ratio is 2.35. Elma Electronic AG's value of 4.79 is 103.8% above this benchmark. Historically, Elma Electronic AG's own PB Ratio has ranged from 2.07 to 4.91 over the past decade. While the company's 10-year median is 3.40 vs. the industry median of 2.35, Elma Electronic AG 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 Hardware company?
The median PB Ratio among Hardware companies is 2.35, based on 2,421 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. Elma Electronic AG's current PB Ratio of 4.79 is 103.8% 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 Elma Electronic AG and its competitors. For the Hardware industry, the median PB Ratio is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elma Electronic AG's current PB Ratio is 4.79, which is 41% above median its own 10-year median of 3.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elma Electronic AG stock overvalued right now?
Elma Electronic AG (FRA:312) has a current PB Ratio of 4.79. The stock's GF Value™ is €1,224.46, compared to a current price of €1,420.00 — trading 16% above its estimated fair value. The current PB Ratio is 4.79, which is 41% above median its 10-year median of 3.40 and 103.8% above the Hardware industry median of 2.35. Elma Electronic AG's overall GF Score™ is 63/100 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 Elma Electronic AG (FRA:312), the current PB Ratio is 4.79 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 Elma Electronic AG (FRA:312) Overvalued in 2026?
Based on GuruFocus' analysis, Elma Electronic AG stock appears to be overvalued.
The current stock price of €1,420.00 is trading 16% above its estimated GF Value™ of €1,224.46.
Key valuation signals for FRA:312:
PB Ratio: 4.79 (41% above median its 10-year median of 3.40)
GF Value™: €1,224.46 vs. price of €1,420.00 (16% above fair value)
Industry Position: 103.8% above the Hardware median (#1796 of 2421)
No single metric tells the full story. See the FRA:312 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elma Electronic AG is a Switzerland-based company. It acts as a manufacturer of electronic packaging products for the embedded systems market from components, backplanes, storage boards and chassis platforms to fully integrated systems. The product line of the company includes embedded boards such as mass storage, ethernet and PCIe switches, architecture solutions, embedded computing systems, system accessories, and rack level services. It also offers engineering services, contract manufacturing, system integration, customization and other services.
63GF Score
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