Neobo Fastigheter ABFRA:4M2B +3.53%61 PB Ratio is 0.39 as of Jul. 13, 2026, which is at its 10-year median of 0.39. GuruFocus rates FRA:4M2B with a GF Score™ of 61/100 and a GF Value™ of €1.62 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,715 Real Estate companies, Neobo Fastigheter AB ranks better than 78.89% on this metric.
The historical rank and industry rank for Neobo Fastigheter AB's PB Ratio or its related term are showing as below:
FRA:4M2B'
s PB Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.39 Max: 0.59
Current: 0.39
During the past 5 years, Neobo Fastigheter AB's highest PB Ratio was 0.59. The lowest was 0.17. And the median was 0.39.
FRA:4M2B's PB Ratio is ranked better than 78.89% of 1715
companies
in the Real Estate industry
Industry Median: 0.81
vs FRA:4M2B: 0.39
During the past 12 months, Neobo Fastigheter AB's average Book Value Per Share Growth Rate was 5.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -5.90% per year.
During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Neobo Fastigheter AB was -5.90% per year. The lowest was -12.90% per year. And the median was -9.40% per year.
Back to Basics: PB Ratio
Neobo Fastigheter AB (FRA:4M2B) 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.
Neobo Fastigheter AB PB Ratio Related Terms
Neobo Fastigheter AB PB Ratio Historical Data
* Premium members only.
The historical data trend for Neobo Fastigheter AB'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 Real Estate Services subindustry, Neobo Fastigheter AB'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.
Neobo Fastigheter AB PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Neobo Fastigheter AB's PB Ratio distribution charts can be found below:
* The bar in red indicates where Neobo Fastigheter AB'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.
Neobo Fastigheter AB (FRA:4M2B) has a PB Ratio of 0.39 as of Jul. 13, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Neobo Fastigheter AB and its competitors. This is near median its historical median of 0.39. Over the past decade, Neobo Fastigheter AB's PB Ratio has ranged from 0.17 to 0.59. According to the industry distribution chart, Neobo Fastigheter AB ranks #362 out of 1715 companies in the Real Estate industry, placing it in the top 21.1%.
Is Neobo Fastigheter AB's PB Ratio too high?
Neobo Fastigheter AB's current PB Ratio of 0.39 is near median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.59. The Real Estate industry median PB Ratio is 0.81. Neobo Fastigheter AB's value of 0.39 is 51.9% below this industry median. Based on the distribution chart, Neobo Fastigheter AB ranks #362 out of 1715 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Neobo Fastigheter AB has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Neobo Fastigheter AB's PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Neobo Fastigheter AB ranks #362 out of 1715 companies for PB Ratio. This places Neobo Fastigheter AB in the top 21% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.81. Neobo Fastigheter AB's value of 0.39 is 51.9% below this benchmark. Historically, Neobo Fastigheter AB's own PB Ratio has ranged from 0.17 to 0.59 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 0.81, Neobo Fastigheter AB 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.81, based on 1,715 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. Neobo Fastigheter AB's current PB Ratio of 0.39 is 51.9% 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 Neobo Fastigheter AB and its competitors. For the Real Estate industry, the median PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neobo Fastigheter AB's current PB Ratio is 0.39, which is near median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neobo Fastigheter AB stock overvalued right now?
Based on GuruFocus' analysis, Neobo Fastigheter AB (FRA:4M2B) is currently considered Fairly Valued. The stock's GF Value™ is €1.62, compared to a current price of €1.61 — trading 0.5% below its estimated fair value. The current PB Ratio is 0.39, which is near median its 10-year median of 0.39 and 51.9% below the Real Estate industry median of 0.81. Neobo Fastigheter AB's overall GF Score™ is 61/100 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 Neobo Fastigheter AB (FRA:4M2B), the current PB Ratio is 0.39 as of Jul. 13, 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 Neobo Fastigheter AB (FRA:4M2B) Overvalued in 2026?
Based on GuruFocus' analysis, Neobo Fastigheter AB stock appears to be undervalued.
The current stock price of €1.61 is trading 0.5% below its estimated GF Value™ of €1.62.
GuruFocus considers Neobo Fastigheter AB to be Fairly Valued.
Key valuation signals for FRA:4M2B:
PB Ratio: 0.39 (near median its 10-year median of 0.39)
GF Value™: €1.62 vs. price of €1.61 (0.5% below fair value)
Industry Position: 51.9% below the Real Estate median (#362 of 1715)
No single metric tells the full story. See the FRA:4M2B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Neobo Fastigheter AB is a real estate company that long-term manages and refines rental properties in the majority of growth municipalities throughout Sweden. The company's business concept is to manage and improve housing in municipalities with population growth, a good employment rate and a stable rental market.
61GF Score
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