SAFE (FRA:OR9) PB Ratio: (As of Jun. 26, 2026)


FRA:OR9 SAFE FRA:OR9
11 GF Score
Price €0.51
GF Value €2,047.38
Valuation Possible Value Trap
! 4 Warning Signs
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What is SAFE PB Ratio?

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), SAFE's share price is €0.51. SAFE's Book Value per Share for the quarter that ended in Jun. 2025 was €-85.90. Hence, SAFE's PB Ratio of today is .

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

FRA:OR9's PB Ratio is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 2.02
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


SAFE  (FRA:OR9) 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.


SAFE PB Ratio Related Terms


SAFE PB Ratio Historical Data

* Premium members only.

The historical data trend for SAFE'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.

SAFE PB Ratio Chart

SAFE Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

SAFE Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Dec23 Jun24 Dec24 Jun25
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 0.00 0.00 0.00 0.00 0.00

FRA:OR9 vs ISRG, BDX, MDLN: PB Ratio Comparison

For the Medical Instruments & Supplies subindustry, SAFE'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.


SAFE PB Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, SAFE's PB Ratio distribution charts can be found below:

* The bar in red indicates where SAFE's PB Ratio falls into.


FRA:OR9
11GF Score
SAFE FRA:OR9
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SAFE 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.

SAFE's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2025)
=0.51/-85.895
=

* 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.

Is SAFE (FRA:OR9) Overvalued in 2026?

Based on GuruFocus' analysis, SAFE stock appears to be undervalued. The current stock price of €0.51 is trading 100% below its estimated GF Value™ of €2,047.38. GuruFocus considers SAFE to be Possible Value Trap.

Key valuation signals for FRA:OR9:

  • PB Ratio:
  • GF Value™: €2,047.38 vs. price of €0.51 (100% below fair value)
  • GF Score™: 11/100 with 4 warning signs

No single metric tells the full story. See the FRA:OR9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SAFE Business Description

Other Exchanges ALSAF:France
Address Parc des Bellevues, Allee R. Luxemburg, Le Californie, Eragny sur Oise, FRA, 95610
SAFE, formerly SAFE Orthopaedics SA is engaged in the medical industry. The company manufactures implants used for spine correction surgeries.
11GF Score

Get the complete analysis for FRA:OR9

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

€0.51
Price
€2,047.38
GF Value