voestalpine AGFRA:VASS -1.16%58 PB Ratio is 0.96 as of Jun. 27, 2026, which is 25% above its 10-year median of 0.77. GuruFocus rates FRA:VASS with a GF Score™ of 58/100 and a GF Value™ of €4.71 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 612 Steel companies, voestalpine AG ranks worse than 50.65% 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), voestalpine AG's share price is €8.50. voestalpine AG's Book Value per Share for the quarter that ended in Mar. 2026 was €8.84. Hence, voestalpine AG's PB Ratio of today is 0.96.
The historical rank and industry rank for voestalpine AG's PB Ratio or its related term are showing as below:
FRA:VASS'
s PB Ratio Range Over the Past 10 Years
Min: 0.4 Med: 0.77 Max: 1.57
Current: 0.95
During the past 13 years, voestalpine AG's highest PB Ratio was 1.57. The lowest was 0.40. And the median was 0.77.
FRA:VASS's PB Ratio is ranked worse than 50.65% of 612
companies
in the Steel industry
Industry Median: 0.965
vs FRA:VASS: 0.95
During the past 12 months, voestalpine AG's average Book Value Per Share Growth Rate was 4.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of voestalpine AG was 16.80% per year. The lowest was -21.60% per year. And the median was 3.40% 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.
voestalpine AG PB Ratio Related Terms
voestalpine AG PB Ratio Historical Data
* Premium members only.
The historical data trend for voestalpine 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 Steel subindustry, voestalpine 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.
voestalpine AG PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, voestalpine AG's PB Ratio distribution charts can be found below:
* The bar in red indicates where voestalpine 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.
voestalpine 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.
voestalpine AG (FRA:VASS) has a PB Ratio of 0.96 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 voestalpine AG and its competitors. This is 25% above median its historical median of 0.77. Over the past decade, voestalpine AG's PB Ratio has ranged from 0.40 to 1.57. According to the industry distribution chart, voestalpine AG ranks #310 out of 612 companies in the Steel industry, placing it in the top 50.7%.
Is voestalpine AG's PB Ratio too high?
voestalpine AG's current PB Ratio of 0.96 is 25% above median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 1.57. The Steel industry median PB Ratio is 0.97. voestalpine AG's value of 0.96 is 0.5% below this industry median. Based on the distribution chart, voestalpine AG ranks #310 out of 612 companies in the Steel industry, which is below the industry midpoint. Overall, voestalpine AG has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does voestalpine AG's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, voestalpine AG ranks #310 out of 612 companies for PB Ratio. This places voestalpine AG in the lower half of its industry. The industry median PB Ratio is 0.97. voestalpine AG's value of 0.96 is 0.5% below this benchmark. Historically, voestalpine AG's own PB Ratio has ranged from 0.40 to 1.57 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 0.97, voestalpine 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 Steel company?
The median PB Ratio among Steel companies is 0.97, based on 612 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. voestalpine AG's current PB Ratio of 0.96 is 0.5% 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 voestalpine AG and its competitors. For the Steel industry, the median PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. voestalpine AG's current PB Ratio is 0.96, which is 25% above median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is voestalpine AG stock overvalued right now?
Based on GuruFocus' analysis, voestalpine AG (FRA:VASS) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.71, compared to a current price of €8.50 — trading 80.5% above its estimated fair value. The current PB Ratio is 0.96, which is 25% above median its 10-year median of 0.77 and 0.5% below the Steel industry median of 0.97. voestalpine AG's overall GF Score™ is 58/100 with 4 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 voestalpine AG (FRA:VASS), the current PB Ratio is 0.96 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 voestalpine AG (FRA:VASS) Overvalued in 2026?
Based on GuruFocus' analysis, voestalpine AG stock appears to be overvalued.
The current stock price of €8.50 is trading 80.5% above its estimated GF Value™ of €4.71.
GuruFocus considers voestalpine AG to be Significantly Overvalued.
Key valuation signals for FRA:VASS:
PB Ratio: 0.96 (25% above median its 10-year median of 0.77)
GF Value™: €4.71 vs. price of €8.50 (80.5% above fair value)
Industry Position: 0.5% below the Steel median (#310 of 612)
No single metric tells the full story. See the FRA:VASS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
voestalpine AG is engaged in the manufacturing, processing, and development of steel products. Its divisions are: Steel Division, which generates maximum revenue and is involved in the production of steel products and the casting of large turbines. High-Performance Metals Division provides metals for the automotive, consumer goods, power generation, energy, and aviation sectors. The Metal Engineering Division produces rails, turnout systems, track-based monitoring systems, specially treated wire, and others. Metal Forming Division provides customized special and precision sections, as well as solutions for systems in the construction, cab construction for commercial vehicles, and aviation sectors, and Holding & Group Services. It generates its maximum revenue from the European Union.
58GF Score
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