Multitude AGFRA:MULT -0.36%70 PB Ratio is 0.48 as of Jun. 26, 2026, which is 38% below its 10-year median of 0.78. GuruFocus rates FRA:MULT with a GF Score™ of 70/100 and a GF Value™ of €5.12 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,515 Banks companies, Multitude AG ranks better than 89.04% 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 (2026-06-26), Multitude AG's share price is €5.60. Multitude AG's Book Value per Share for the quarter that ended in Mar. 2026 was €11.63. Hence, Multitude AG's PB Ratio of today is 0.48.
Good Sign:
Multitude AG stock PB Ratio (=0.48) is close to 2-year low of 0.46.
The historical rank and industry rank for Multitude AG's PB Ratio or its related term are showing as below:
FRA:MULT'
s PB Ratio Range Over the Past 10 Years
Min: 0.28 Med: 0.78 Max: 6.54
Current: 0.48
During the past 12 years, Multitude AG's highest PB Ratio was 6.54. The lowest was 0.28. And the median was 0.78.
FRA:MULT's PB Ratio is ranked better than 89.04% of 1515
companies
in the Banks industry
Industry Median: 1.08
vs FRA:MULT: 0.48
During the past 12 months, Multitude AG's average Book Value Per Share Growth Rate was 24.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 8.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 10.70% per year.
During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Multitude AG was 69.90% per year. The lowest was 3.90% per year. And the median was 12.20% 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.
Multitude AG PB Ratio Related Terms
Multitude AG PB Ratio Historical Data
* Premium members only.
The historical data trend for Multitude 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 Banks - Regional subindustry, Multitude 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.
Multitude AG PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Multitude AG's PB Ratio distribution charts can be found below:
* The bar in red indicates where Multitude 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.
Multitude 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.
Multitude AG (FRA:MULT) has a PB Ratio of 0.48 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Multitude AG and its competitors. This is 38% below median its historical median of 0.78. Over the past decade, Multitude AG's PB Ratio has ranged from 0.28 to 6.54. According to the industry distribution chart, Multitude AG ranks #166 out of 1515 companies in the Banks industry, placing it in the top 11%.
Is Multitude AG's PB Ratio too high?
Multitude AG's current PB Ratio of 0.48 is 38% below median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 6.54. The Banks industry median PB Ratio is 1.08. Multitude AG's value of 0.48 is 55.6% below this industry median. Based on the distribution chart, Multitude AG ranks #166 out of 1515 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Multitude AG has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Multitude AG's PB Ratio compare to PNC and USB?
According to the Banks industry distribution chart, Multitude AG ranks #166 out of 1515 companies for PB Ratio. This places Multitude AG in the top 11% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.08. Multitude AG's value of 0.48 is 55.6% below this benchmark. Historically, Multitude AG's own PB Ratio has ranged from 0.28 to 6.54 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 1.08, Multitude AG 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 Banks company?
The median PB Ratio among Banks companies is 1.08, based on 1,515 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. Multitude AG's current PB Ratio of 0.48 is 55.6% 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 Multitude AG and its competitors. For the Banks industry, the median PB Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Multitude AG's current PB Ratio is 0.48, which is 38% below median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Multitude AG stock overvalued right now?
Based on GuruFocus' analysis, Multitude AG (FRA:MULT) is currently considered Fairly Valued. The stock's GF Value™ is €5.12, compared to a current price of €5.60 — trading 9.4% above its estimated fair value. The current PB Ratio is 0.48, which is 38% below median its 10-year median of 0.78 and 55.6% below the Banks industry median of 1.08. Multitude AG's overall GF Score™ is 70/100 with 6 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 Multitude AG (FRA:MULT), the current PB Ratio is 0.48 as of Jun. 26, 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 Multitude AG (FRA:MULT) Overvalued in 2026?
Based on GuruFocus' analysis, Multitude AG stock appears to be overvalued.
The current stock price of €5.60 is trading 9.4% above its estimated GF Value™ of €5.12.
GuruFocus considers Multitude AG to be Fairly Valued.
Key valuation signals for FRA:MULT:
PB Ratio: 0.48 (38% below median its 10-year median of 0.78)
GF Value™: €5.12 vs. price of €5.60 (9.4% above fair value)
Industry Position: 55.6% below the Banks median (#166 of 1515)
No single metric tells the full story. See the FRA:MULT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Multitude AG is a fintech company providing digital financial and banking services to both individuals and businesses. Its reportable and operating segments are: Consumer Banking, SME Banking, and Wholesale Banking. Maximum revenue is derived from the Consumer Banking segment, which is operated under the Ferratum brand and offers digital consumer loans, credit lines, and credit card products. The SME Banking segment, which is operated under the CapitalBox brand, offers working capital and secured and non-secured lending solutions for small businesses, as well as other services such as invoice purchasing, and the Wholesale Banking, operated under the Multitude Bank brand, delivers lending and payment services to institutional clients, FinTechs, and payment service providers across Europe.
70GF Score
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