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Merus Power OyjFRA:99H +2.27%75 PB Ratio is 3.92 as of Aug. 24, 2026, which is 12% above its 10-year median of 3.51. GuruFocus rates FRA:99H with a GF Score™ of 75/100 and a GF Value™ of €9.09 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 2,990 Industrial Products companies, Merus Power Oyj ranks worse than 73.31% 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 (2026-08-24), Merus Power Oyj's share price is €4.96. Merus Power Oyj's Book Value per Share for the quarter that ended in Dec. 2025 was €1.27. Hence, Merus Power Oyj's PB Ratio of today is 3.92.
Warning Sign:
Merus Power Oyj stock PB Ratio (=4.03) is close to 1-year high of 4.3.
The historical rank and industry rank for Merus Power Oyj's PB Ratio or its related term are showing as below:
FRA:99H'
s PB Ratio Range Over the Past 10 Years
Min: 2.07 Med: 3.51 Max: 38.24
Current: 4.03
During the past 8 years, Merus Power Oyj's highest PB Ratio was 38.24. The lowest was 2.07. And the median was 3.51.
FRA:99H's PB Ratio is ranked worse than 73.31% of 2990
companies
in the Industrial Products industry
Industry Median: 2.18
vs FRA:99H: 4.03
During the past 12 months, Merus Power Oyj's average Book Value Per Share Growth Rate was 1.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -9.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 21.80% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Merus Power Oyj was 91.30% per year. The lowest was -9.90% per year. And the median was 82.30% 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.
Merus Power Oyj PB Ratio Related Terms
Merus Power Oyj PB Ratio Historical Data
* Premium members only.
The historical data trend for Merus Power Oyj'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 Industrial Machinery subindustry, Merus Power Oyj'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.
Merus Power Oyj PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Merus Power Oyj's PB Ratio distribution charts can be found below:
* The bar in red indicates where Merus Power Oyj'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.
Merus Power Oyj'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.
Merus Power Oyj (FRA:99H) has a PB Ratio of 3.92 as of Aug. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Merus Power Oyj and its competitors. This is 12% above median its historical median of 3.51. Over the past decade, Merus Power Oyj's PB Ratio has ranged from 2.07 to 38.24. According to the industry distribution chart, Merus Power Oyj ranks #2192 out of 2990 companies in the Industrial Products industry, placing it in the top 73.3%.
Is Merus Power Oyj's PB Ratio too high?
Merus Power Oyj's current PB Ratio of 3.92 is 12% above median its 10-year median of 3.51. Over the past 10 years, this metric has ranged from a low of 2.07 to a high of 38.24. The Industrial Products industry median PB Ratio is 2.18. Merus Power Oyj's value of 3.92 is 79.8% above this industry median. Based on the distribution chart, Merus Power Oyj ranks #2192 out of 2990 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Merus Power Oyj has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Merus Power Oyj's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Merus Power Oyj ranks #2192 out of 2990 companies for PB Ratio. This places Merus Power Oyj in the lower half of its industry. The industry median PB Ratio is 2.18. Merus Power Oyj's value of 3.92 is 79.8% above this benchmark. Historically, Merus Power Oyj's own PB Ratio has ranged from 2.07 to 38.24 over the past decade. While the company's 10-year median is 3.51 vs. the industry median of 2.18, Merus Power Oyj 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 2.18, based on 2,990 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. Merus Power Oyj's current PB Ratio of 3.92 is 79.8% 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 Merus Power Oyj and its competitors. For the Industrial Products industry, the median PB Ratio is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merus Power Oyj's current PB Ratio is 3.92, which is 12% above median its own 10-year median of 3.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merus Power Oyj stock overvalued right now?
Based on GuruFocus' analysis, Merus Power Oyj (FRA:99H) is currently considered Significantly Undervalued. The stock's GF Value™ is €9.09, compared to a current price of €4.96 — trading 45.4% below its estimated fair value. The current PB Ratio is 3.92, which is 12% above median its 10-year median of 3.51 and 79.8% above the Industrial Products industry median of 2.18. Merus Power Oyj's overall GF Score™ is 75/100 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 Merus Power Oyj (FRA:99H), the current PB Ratio is 3.92 as of Aug. 24, 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 Merus Power Oyj (FRA:99H) Overvalued in 2026?
Based on GuruFocus' analysis, Merus Power Oyj stock appears to be undervalued.
The current stock price of €4.96 is trading 45.4% below its estimated GF Value™ of €9.09.
GuruFocus considers Merus Power Oyj to be Significantly Undervalued.
Key valuation signals for FRA:99H:
PB Ratio: 3.92 (12% above median its 10-year median of 3.51)
GF Value™: €9.09 vs. price of €4.96 (45.4% below fair value)
Industry Position: 79.8% above the Industrial Products median (#2192 of 2990)
No single metric tells the full story. See the FRA:99H stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Merus Power Oyj Is engaged in the design, manufacturing and sale of domestic electricity storage, power quality solutions and services. Its business is based on scalable and modular power electronics, intelligent software technologies and electrical engineering expertise. The Company's business operations have been divided into two technological areas: Energy storage solutions and Energy quality solutions.
75GF Score
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