Northern Data AGFRA:NB2 -1.32%51 PB Ratio is 1.08 as of Jun. 24, 2026, which is 39% below its 10-year median of 1.77. GuruFocus rates FRA:NB2 with a GF Score™ of 51/100 and a GF Value™ of €9.07 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 2,624 Software companies, Northern Data AG ranks better than 77.9% 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 (2026-06-24), Northern Data AG's share price is €7.47. Northern Data AG's Book Value per Share for the quarter that ended in Dec. 2025 was €6.89. Hence, Northern Data AG's PB Ratio of today is 1.08.
The historical rank and industry rank for Northern Data AG's PB Ratio or its related term are showing as below:
FRA:NB2'
s PB Ratio Range Over the Past 10 Years
Min: 0.23 Med: 1.77 Max: 214.81
Current: 1.17
During the past 12 years, Northern Data AG's highest PB Ratio was 214.81. The lowest was 0.23. And the median was 1.77.
FRA:NB2's PB Ratio is ranked better than 77.9% of 2624
companies
in the Software industry
Industry Median: 2.37
vs FRA:NB2: 1.17
During the past 12 months, Northern Data AG's average Book Value Per Share Growth Rate was -47.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -23.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -12.50% per year.
During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Northern Data AG was 519.70% per year. The lowest was -139.60% per year. And the median was -23.00% 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.
Northern Data AG PB Ratio Related Terms
Northern Data AG PB Ratio Historical Data
* Premium members only.
The historical data trend for Northern Data 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 Information Technology Services subindustry, Northern Data 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.
Northern Data AG PB Ratio vs Software Industry
For the Software industry and Technology sector, Northern Data AG's PB Ratio distribution charts can be found below:
* The bar in red indicates where Northern Data 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.
* 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.
Northern Data AG (FRA:NB2) has a PB Ratio of 1.08 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Northern Data AG and its competitors. This is 39% below median its historical median of 1.77. Over the past decade, Northern Data AG's PB Ratio has ranged from 0.23 to 214.81. According to the industry distribution chart, Northern Data AG ranks #580 out of 2624 companies in the Software industry, placing it in the top 22.1%.
Is Northern Data AG's PB Ratio too high?
Northern Data AG's current PB Ratio of 1.08 is 39% below median its 10-year median of 1.77. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 214.81. The Software industry median PB Ratio is 2.37. Northern Data AG's value of 1.08 is 54.4% below this industry median. Based on the distribution chart, Northern Data AG ranks #580 out of 2624 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Northern Data AG has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Northern Data AG's PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Northern Data AG ranks #580 out of 2624 companies for PB Ratio. This places Northern Data AG in the top 22% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.37. Northern Data AG's value of 1.08 is 54.4% below this benchmark. Historically, Northern Data AG's own PB Ratio has ranged from 0.23 to 214.81 over the past decade. While the company's 10-year median is 1.77 vs. the industry median of 2.37, Northern Data 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 Software company?
The median PB Ratio among Software companies is 2.37, based on 2,624 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. Northern Data AG's current PB Ratio of 1.08 is 54.4% 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 Northern Data AG and its competitors. For the Software industry, the median PB Ratio is 2.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Data AG's current PB Ratio is 1.08, which is 39% below median its own 10-year median of 1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Data AG stock overvalued right now?
Based on GuruFocus' analysis, Northern Data AG (FRA:NB2) is currently considered Modestly Undervalued. The stock's GF Value™ is €9.07, compared to a current price of €7.47 — trading 17.6% below its estimated fair value. The current PB Ratio is 1.08, which is 39% below median its 10-year median of 1.77 and 54.4% below the Software industry median of 2.37. Northern Data AG's overall GF Score™ is 51/100 with 8 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 Northern Data AG (FRA:NB2), the current PB Ratio is 1.08 as of Jun. 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 Northern Data AG (FRA:NB2) Overvalued in 2026?
Based on GuruFocus' analysis, Northern Data AG stock appears to be undervalued.
The current stock price of €7.47 is trading 17.6% below its estimated GF Value™ of €9.07.
GuruFocus considers Northern Data AG to be Modestly Undervalued.
Key valuation signals for FRA:NB2:
PB Ratio: 1.08 (39% below median its 10-year median of 1.77)
GF Value™: €9.07 vs. price of €7.47 (17.6% below fair value)
Industry Position: 54.4% below the Software median (#580 of 2624)
No single metric tells the full story. See the FRA:NB2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Northern Data AG is a Business-to-Business technology company developing, using, and selling solutions on vertically integrated computing infrastructure. Its segment includes Peak Mining; Taiga Cloud and Ardent Data Centers. Geographically, it operates in Europe (excluding Germany), North America, and Germany. The company derives maximum revenue from Europe.
51GF Score
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