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ADF GroupFRA:4QM 65 PB Ratio is 2.56 as of Jul. 16, 2026, which is 300% above its 10-year median of 0.64. GuruFocus rates FRA:4QM with a GF Score™ of 65/100 and a GF Value™ of €5.50 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,983 Industrial Products companies, ADF Group ranks worse than 58.23% 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 (2026-07-16), ADF Group's share price is €10.90. ADF Group's Book Value per Share for the quarter that ended in Apr. 2026 was €4.26. Hence, ADF Group's PB Ratio of today is 2.56.
Warning Sign:
ADF Group Inc stock PB Ratio (=2.57) is close to 2-year high of 2.82.
The historical rank and industry rank for ADF Group's PB Ratio or its related term are showing as below:
FRA:4QM'
s PB Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.64 Max: 3.17
Current: 2.59
During the past 13 years, ADF Group's highest PB Ratio was 3.17. The lowest was 0.22. And the median was 0.64.
FRA:4QM's PB Ratio is ranked worse than 58.23% of 2983
companies
in the Industrial Products industry
Industry Median: 2.19
vs FRA:4QM: 2.59
During the past 12 months, ADF Group's average Book Value Per Share Growth Rate was 16.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 18.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 17.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 7.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of ADF Group was 78.60% per year. The lowest was -59.30% per year. And the median was 3.40% 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.
ADF Group PB Ratio Related Terms
ADF Group PB Ratio Historical Data
* Premium members only.
The historical data trend for ADF Group'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 Metal Fabrication subindustry, ADF Group'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.
ADF Group PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, ADF Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where ADF Group'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.
ADF Group'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.
ADF Group (FRA:4QM) has a PB Ratio of 2.56 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on ADF Group and its competitors. This is 300% above median its historical median of 0.64. Over the past decade, ADF Group's PB Ratio has ranged from 0.22 to 3.17. According to the industry distribution chart, ADF Group ranks #1737 out of 2983 companies in the Industrial Products industry, placing it in the top 58.2%.
Is ADF Group's PB Ratio too high?
ADF Group's current PB Ratio of 2.56 is 300% above median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 3.17. The Industrial Products industry median PB Ratio is 2.19. ADF Group's value of 2.56 is 16.9% above this industry median. Based on the distribution chart, ADF Group ranks #1737 out of 2983 companies in the Industrial Products industry, which is below the industry midpoint. Overall, ADF Group has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ADF Group's PB Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, ADF Group ranks #1737 out of 2983 companies for PB Ratio. This places ADF Group in the lower half of its industry. The industry median PB Ratio is 2.19. ADF Group's value of 2.56 is 16.9% above this benchmark. Historically, ADF Group's own PB Ratio has ranged from 0.22 to 3.17 over the past decade. While the company's 10-year median is 0.64 vs. the industry median of 2.19, ADF Group 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.19, based on 2,983 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. ADF Group's current PB Ratio of 2.56 is 16.9% 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 ADF Group and its competitors. For the Industrial Products industry, the median PB Ratio is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ADF Group's current PB Ratio is 2.56, which is 300% above median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ADF Group stock overvalued right now?
Based on GuruFocus' analysis, ADF Group (FRA:4QM) is currently considered Significantly Overvalued. The stock's GF Value™ is €5.50, compared to a current price of €10.90 — trading 98.2% above its estimated fair value. The current PB Ratio is 2.56, which is 300% above median its 10-year median of 0.64 and 16.9% above the Industrial Products industry median of 2.19. ADF Group's overall GF Score™ is 65/100 with 5 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 ADF Group (FRA:4QM), the current PB Ratio is 2.56 as of Jul. 16, 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 ADF Group (FRA:4QM) Overvalued in 2026?
Based on GuruFocus' analysis, ADF Group stock appears to be overvalued.
The current stock price of €10.90 is trading 98.2% above its estimated GF Value™ of €5.50.
GuruFocus considers ADF Group to be Significantly Overvalued.
Key valuation signals for FRA:4QM:
PB Ratio: 2.56 (300% above median its 10-year median of 0.64)
GF Value™: €5.50 vs. price of €10.90 (98.2% above fair value)
Industry Position: 16.9% above the Industrial Products median (#1737 of 2983)
No single metric tells the full story. See the FRA:4QM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ADF Group Inc involves in the design and engineering of connections, fabrication, including industrial coating, and the installation of steel structures and steel built-ups, as well as miscellaneous and architectural metalwork. The company's products and services are intended for the five principal segments of the non-residential construction industry: Office towers and high-rises, Commercial and recreational buildings, Airport facilities, Industrial complexes, and Transport infrastructures and energy. It serves the client base in the non-residential construction industry, such as general contractors, project owners, engineering firms and project architects, and other steel structure fabricators in the United States and Canada.
65GF Score
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