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Heliad AGFRA:A7A 62 PB Ratio is 1.67 as of Jul. 15, 2026, which is 52% above its 10-year median of 1.10. GuruFocus rates FRA:A7A with a GF Score™ of 62/100 and a GF Value™ of €3.74 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 1,600 Asset Management companies, Heliad AG ranks worse than 81.94% 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 (2026-07-15), Heliad AG's share price is €14.35. Heliad AG's Book Value per Share for the quarter that ended in Dec. 2025 was €8.61. Hence, Heliad AG's PB Ratio of today is 1.67.
Warning Sign:
Heliad AG stock PB Ratio (=1.68) is close to 3-year high of 1.85.
The historical rank and industry rank for Heliad AG's PB Ratio or its related term are showing as below:
FRA:A7A'
s PB Ratio Range Over the Past 10 Years
Min: 0.35 Med: 1.1 Max: 2.55
Current: 1.68
During the past 13 years, Heliad AG's highest PB Ratio was 2.55. The lowest was 0.35. And the median was 1.10.
FRA:A7A's PB Ratio is ranked worse than 81.94% of 1600
companies
in the Asset Management industry
Industry Median: 0.96
vs FRA:A7A: 1.68
During the past 12 months, Heliad AG's average Book Value Per Share Growth Rate was -4.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -7.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -4.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -7.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Heliad AG was 127.90% per year. The lowest was -29.40% per year. And the median was -5.10% 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.
Heliad AG PB Ratio Related Terms
Heliad AG PB Ratio Historical Data
* Premium members only.
The historical data trend for Heliad 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 Asset Management subindustry, Heliad 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.
Heliad AG PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Heliad AG's PB Ratio distribution charts can be found below:
* The bar in red indicates where Heliad 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.
Heliad AG'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.
Heliad AG (FRA:A7A) has a PB Ratio of 1.67 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Heliad AG and its competitors. This is 52% above median its historical median of 1.10. Over the past decade, Heliad AG's PB Ratio has ranged from 0.35 to 2.55. According to the industry distribution chart, Heliad AG ranks #1311 out of 1600 companies in the Asset Management industry, placing it in the top 81.9%.
Is Heliad AG's PB Ratio too high?
Heliad AG's current PB Ratio of 1.67 is 52% above median its 10-year median of 1.10. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 2.55. The Asset Management industry median PB Ratio is 0.96. Heliad AG's value of 1.67 is 74% above this industry median. Based on the distribution chart, Heliad AG ranks #1311 out of 1600 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Heliad AG has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Heliad AG's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Heliad AG ranks #1311 out of 1600 companies for PB Ratio. This places Heliad AG in the lower half of its industry. The industry median PB Ratio is 0.96. Heliad AG's value of 1.67 is 74% above this benchmark. Historically, Heliad AG's own PB Ratio has ranged from 0.35 to 2.55 over the past decade. While the company's 10-year median is 1.10 vs. the industry median of 0.96, Heliad 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 an Asset Management company?
The median PB Ratio among Asset Management companies is 0.96, based on 1,600 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. Heliad AG's current PB Ratio of 1.67 is 74% 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 Heliad AG and its competitors. For the Asset Management industry, the median PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heliad AG's current PB Ratio is 1.67, which is 52% above median its own 10-year median of 1.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heliad AG stock overvalued right now?
Based on GuruFocus' analysis, Heliad AG (FRA:A7A) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.74, compared to a current price of €14.35 — trading 283.7% above its estimated fair value. The current PB Ratio is 1.67, which is 52% above median its 10-year median of 1.10 and 74% above the Asset Management industry median of 0.96. Heliad AG's overall GF Score™ is 62/100 with 11 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 Heliad AG (FRA:A7A), the current PB Ratio is 1.67 as of Jul. 15, 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 Heliad AG (FRA:A7A) Overvalued in 2026?
Based on GuruFocus' analysis, Heliad AG stock appears to be overvalued.
The current stock price of €14.35 is trading 283.7% above its estimated GF Value™ of €3.74.
GuruFocus considers Heliad AG to be Significantly Overvalued.
Key valuation signals for FRA:A7A:
PB Ratio: 1.67 (52% above median its 10-year median of 1.10)
GF Value™: €3.74 vs. price of €14.35 (283.7% above fair value)
Industry Position: 74% above the Asset Management median (#1311 of 1600)
No single metric tells the full story. See the FRA:A7A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heliad AG is an investment company. It makes investments with a long investment horizon in high-growth technology companies, providing them long-term support before, during, and after an IPO, and facilitates their access to public capital markets. The company's structure allows it to act independently of the restrictions of customary financing terms and offers shareholders access to market returns even before the IPO, without restrictions or limitations on the size of the investments and term commitments for the shareholders.
62GF Score
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