Valora Effekten Handel AG (FRA:VEH) PB Ratio: 1.41 (As of Jul. 09, 2026) — 21% Above Median


FRA:VEH Valora Effekten Handel AG FRA:VEH
57 GF Score
Price €0.96
GF Value €1.87
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Valora Effekten Handel AG PB Ratio?

Valora Effekten Handel AG FRA:VEH 57 PB Ratio is 1.41 as of Jul. 09, 2026, which is 21% above its 10-year median of 1.17. GuruFocus rates FRA:VEH with a GF Score™ of 57/100 and a GF Value™ of €1.87 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 776 Capital Markets companies, Valora Effekten Handel AG ranks worse than 54.25% 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 (2026-07-09), Valora Effekten Handel AG's share price is €0.96. Valora Effekten Handel AG's Book Value per Share for the quarter that ended in Dec. 2025 was €0.68. Hence, Valora Effekten Handel AG's PB Ratio of today is 1.41.

The historical rank and industry rank for Valora Effekten Handel AG's PB Ratio or its related term are showing as below:

FRA:VEH' s PB Ratio Range Over the Past 10 Years
Min: 0.78   Med: 1.17   Max: 2.22
Current: 1.42

During the past 13 years, Valora Effekten Handel AG's highest PB Ratio was 2.22. The lowest was 0.78. And the median was 1.17.

FRA:VEH's PB Ratio is ranked worse than
54.25% of 776 companies
in the Capital Markets industry
Industry Median: 1.345 vs FRA:VEH: 1.42

During the past 12 months, Valora Effekten Handel AG's average Book Value Per Share Growth Rate was 1.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -11.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -13.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -7.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Valora Effekten Handel AG was 5.10% per year. The lowest was -18.30% per year. And the median was -6.40% per year.

Back to Basics: PB Ratio


Valora Effekten Handel AG  (FRA:VEH) 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.


Valora Effekten Handel AG PB Ratio Related Terms


Valora Effekten Handel AG PB Ratio Historical Data

* Premium members only.

The historical data trend for Valora Effekten Handel 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.

Valora Effekten Handel AG PB Ratio Chart

Valora Effekten Handel AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.15 1.40 1.29 1.50 1.43

Valora Effekten Handel AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.29 1.28 1.50 1.25 1.43

FRA:VEH vs MS, GS, SCHW: PB Ratio Comparison

For the Capital Markets subindustry, Valora Effekten Handel 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.


Valora Effekten Handel AG PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Valora Effekten Handel AG's PB Ratio distribution charts can be found below:

* The bar in red indicates where Valora Effekten Handel AG's PB Ratio falls into.


FRA:VEH
57GF Score
Valora Effekten Handel AG FRA:VEH
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Valora Effekten Handel AG 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.

Valora Effekten Handel AG's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.96/0.682
=1.41

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.41 mean?
Valora Effekten Handel AG (FRA:VEH) has a PB Ratio of 1.41 as of Jul. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Valora Effekten Handel AG and its competitors. This is 21% above median its historical median of 1.17. Over the past decade, Valora Effekten Handel AG's PB Ratio has ranged from 0.78 to 2.22. According to the industry distribution chart, Valora Effekten Handel AG ranks #421 out of 776 companies in the Capital Markets industry, placing it in the top 54.3%.
Is Valora Effekten Handel AG's PB Ratio too high?
Valora Effekten Handel AG's current PB Ratio of 1.41 is 21% above median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 2.22. The Capital Markets industry median PB Ratio is 1.35. Valora Effekten Handel AG's value of 1.41 is 4.8% above this industry median. Based on the distribution chart, Valora Effekten Handel AG ranks #421 out of 776 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Valora Effekten Handel AG has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Valora Effekten Handel AG's PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Valora Effekten Handel AG ranks #421 out of 776 companies for PB Ratio. This places Valora Effekten Handel AG in the lower half of its industry. The industry median PB Ratio is 1.35. Valora Effekten Handel AG's value of 1.41 is 4.8% above this benchmark. Historically, Valora Effekten Handel AG's own PB Ratio has ranged from 0.78 to 2.22 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 1.35, Valora Effekten Handel 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 a Capital Markets company?
The median PB Ratio among Capital Markets companies is 1.35, based on 776 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. Valora Effekten Handel AG's current PB Ratio of 1.41 is 4.8% 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 Valora Effekten Handel AG and its competitors. For the Capital Markets industry, the median PB Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Valora Effekten Handel AG's current PB Ratio is 1.41, which is 21% above median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Valora Effekten Handel AG stock overvalued right now?
Based on GuruFocus' analysis, Valora Effekten Handel AG (FRA:VEH) is currently considered Significantly Undervalued. The stock's GF Value™ is €1.87, compared to a current price of €0.96 — trading 48.7% below its estimated fair value. The current PB Ratio is 1.41, which is 21% above median its 10-year median of 1.17 and 4.8% above the Capital Markets industry median of 1.35. Valora Effekten Handel AG's overall GF Score™ is 57/100 with 1 warning sign 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 Valora Effekten Handel AG (FRA:VEH), the current PB Ratio is 1.41 as of Jul. 09, 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 Valora Effekten Handel AG (FRA:VEH) Overvalued in 2026?

Based on GuruFocus' analysis, Valora Effekten Handel AG stock appears to be undervalued. The current stock price of €0.96 is trading 48.7% below its estimated GF Value™ of €1.87. GuruFocus considers Valora Effekten Handel AG to be Significantly Undervalued.

Key valuation signals for FRA:VEH:

  • PB Ratio: 1.41 (21% above median its 10-year median of 1.17)
  • GF Value™: €1.87 vs. price of €0.96 (48.7% below fair value)
  • GF Score™: 57/100 with 1 warning sign
  • Industry Position: 4.8% above the Capital Markets median (#421 of 776)

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


Valora Effekten Handel AG Business Description

Other Exchanges VEH:Germany
Address Am Hardtwald 7, Ettlingen, DEU, 76275
Valora Effekten Handel AG is a Germany based company. It operates in the financial services sector. It is engaged in the trading of non-listed shares and securities in Germany. It provides brokerage services for institutional investors, such as banks, stockbrokers, and other professional and private customers.
57GF Score

Get the complete analysis for FRA:VEH

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

€0.96
Price
€1.87
GF Value