Oatly Group AB (FRA:9ZX0) PB Ratio: 78.98 (As of Jun. 27, 2026) — 3319% Above Median


FRA:9ZX0 Oatly Group AB FRA:9ZX0
62 GF Score
Price €7.74
GF Value €16.56
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Oatly Group AB PB Ratio?

Oatly Group AB FRA:9ZX0 +1.57% 62 PB Ratio is 78.98 as of Jun. 27, 2026, which is 3319% above its 10-year median of 2.31. GuruFocus rates FRA:9ZX0 with a GF Score™ of 62/100 and a GF Value™ of €16.56 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,896 Consumer Packaged Goods companies, Oatly Group AB ranks worse than 99.47% 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 (2026-06-27), Oatly Group AB's share price is €7.74. Oatly Group AB's Book Value per Share for the quarter that ended in Mar. 2026 was €0.10. Hence, Oatly Group AB's PB Ratio of today is 78.98.

The historical rank and industry rank for Oatly Group AB's PB Ratio or its related term are showing as below:

FRA:9ZX0' s PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 2.31   Max: 119.65
Current: 79.12

During the past 7 years, Oatly Group AB's highest PB Ratio was 119.65. The lowest was 0.46. And the median was 2.31.

FRA:9ZX0's PB Ratio is ranked worse than
99.47% of 1896 companies
in the Consumer Packaged Goods industry
Industry Median: 1.33 vs FRA:9ZX0: 79.12

During the past 12 months, Oatly Group AB's average Book Value Per Share Growth Rate was -97.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -71.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -48.10% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Oatly Group AB was 61.50% per year. The lowest was -71.90% per year. And the median was -27.90% per year.

Back to Basics: PB Ratio


Oatly Group AB  (FRA:9ZX0) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Oatly Group AB PB Ratio Related Terms


Oatly Group AB PB Ratio Historical Data

* Premium members only.

The historical data trend for Oatly Group 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.

Oatly Group AB PB Ratio Chart

Oatly Group AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 3.70 1.28 2.27 3.63 18.66

Oatly Group AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.44 3.72 27.81 18.66 87.55

FRA:9ZX0 vs BGS, AMNF, USNA: PB Ratio Comparison

For the Packaged Foods subindustry, Oatly Group 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.


Oatly Group AB PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Oatly Group AB's PB Ratio distribution charts can be found below:

* The bar in red indicates where Oatly Group AB's PB Ratio falls into.


FRA:9ZX0
62GF Score
Oatly Group AB FRA:9ZX0
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oatly Group AB PB Ratio Calculation

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.

Oatly Group AB's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=7.74/0.098
=78.98

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 78.98 mean?
Oatly Group AB (FRA:9ZX0) has a PB Ratio of 78.98 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Oatly Group AB and its competitors. This is 3319% above median its historical median of 2.31. Over the past decade, Oatly Group AB's PB Ratio has ranged from 0.46 to 119.65. According to the industry distribution chart, Oatly Group AB ranks #1886 out of 1896 companies in the Consumer Packaged Goods industry, placing it in the top 99.5%.
Is Oatly Group AB's PB Ratio too high?
Oatly Group AB's current PB Ratio of 78.98 is 3319% above median its 10-year median of 2.31. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 119.65. The Consumer Packaged Goods industry median PB Ratio is 1.33. Oatly Group AB's value of 78.98 is 5838.3% above this industry median. Based on the distribution chart, Oatly Group AB ranks #1886 out of 1896 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Oatly Group AB has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Oatly Group AB's PB Ratio compare to BGS and AMNF?
According to the Consumer Packaged Goods industry distribution chart, Oatly Group AB ranks #1886 out of 1896 companies for PB Ratio. This places Oatly Group AB in the lower half of its industry. The industry median PB Ratio is 1.33. Oatly Group AB's value of 78.98 is 5838.3% above this benchmark. Historically, Oatly Group AB's own PB Ratio has ranged from 0.46 to 119.65 over the past decade. While the company's 10-year median is 2.31 vs. the industry median of 1.33, Oatly Group AB 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 Consumer Packaged Goods company?
The median PB Ratio among Consumer Packaged Goods companies is 1.33, based on 1,896 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. Oatly Group AB's current PB Ratio of 78.98 is 5838.3% 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 Oatly Group AB and its competitors. For the Consumer Packaged Goods industry, the median PB Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oatly Group AB's current PB Ratio is 78.98, which is 3319% above median its own 10-year median of 2.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oatly Group AB stock overvalued right now?
Based on GuruFocus' analysis, Oatly Group AB (FRA:9ZX0) is currently considered Possible Value Trap. The stock's GF Value™ is €16.56, compared to a current price of €7.74 — trading 53.3% below its estimated fair value. The current PB Ratio is 78.98, which is 3319% above median its 10-year median of 2.31 and 5838.3% above the Consumer Packaged Goods industry median of 1.33. Oatly Group AB's overall GF Score™ is 62/100 with 3 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 Oatly Group AB (FRA:9ZX0), the current PB Ratio is 78.98 as of Jun. 27, 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 Oatly Group AB (FRA:9ZX0) Overvalued in 2026?

Based on GuruFocus' analysis, Oatly Group AB stock appears to be undervalued. The current stock price of €7.74 is trading 53.3% below its estimated GF Value™ of €16.56. GuruFocus considers Oatly Group AB to be Possible Value Trap.

Key valuation signals for FRA:9ZX0:

  • PB Ratio: 78.98 (3319% above median its 10-year median of 2.31)
  • GF Value™: €16.56 vs. price of €7.74 (53.3% below fair value)
  • GF Score™: 62/100 with 3 warning signs
  • Industry Position: 5838.3% above the Consumer Packaged Goods median (#1886 of 1896)

No single metric tells the full story. See the FRA:9ZX0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Oatly Group AB Business Description

Other Exchanges OTLY:USA9ZX0:Germany
Address Angfarekajen 8, Malmo, SWE, 211 19
Oatly Group AB produces and distributes oat-based food and beverage products. Its offerings include milk, cooking creams, spreads, and yogurts. The company's products are sold through retail stores, coffee shops, and restaurants across multiple countries. It generates revenue from sales of oatmilk and other oat-based products. The company's geographical segments include Europe & International, North America and Greater China. The Europe & International segment is its maximum revenue-producing segment, followed by the North America and Greater China segments.
62GF Score

Get the complete analysis for FRA:9ZX0

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€7.74
Price
€16.56
GF Value