CTT Systems AB (FRA:VG5) PB Ratio: 5.78 (As of Jun. 30, 2026) — 45% Below Median


FRA:VG5 CTT Systems AB FRA:VG5
86 GF Score
Price €11.64
GF Value €21.57
! 3 Warning Signs
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What is CTT Systems AB PB Ratio?

CTT Systems AB FRA:VG5 +0.52% 86 PB Ratio is 5.78 as of Jun. 30, 2026, which is 45% below its 10-year median of 10.49. GuruFocus rates FRA:VG5 with a GF Score™ of 86/100 and a GF Value™ of €21.57. The stock has 3 warning signs investors should review. Among 339 Aerospace & Defense companies, CTT Systems AB ranks worse than 69.91% 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 (2026-06-30), CTT Systems AB's share price is €11.64. CTT Systems AB's Book Value per Share for the quarter that ended in Mar. 2026 was €2.01. Hence, CTT Systems AB's PB Ratio of today is 5.78.

Good Sign:

CTT Systems AB stock PB Ratio (=5.9) is close to 10-year low of 5.36.

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

FRA:VG5' s PB Ratio Range Over the Past 10 Years
Min: 5.36   Med: 10.49   Max: 17.8
Current: 5.9

During the past 13 years, CTT Systems AB's highest PB Ratio was 17.80. The lowest was 5.36. And the median was 10.49.

FRA:VG5's PB Ratio is ranked worse than
69.91% of 339 companies
in the Aerospace & Defense industry
Industry Median: 3.71 vs FRA:VG5: 5.90

During the past 12 months, CTT Systems AB's average Book Value Per Share Growth Rate was -7.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of CTT Systems AB was 27.10% per year. The lowest was -18.90% per year. And the median was 12.20% per year.

Back to Basics: PB Ratio


CTT Systems AB  (FRA:VG5) 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.


CTT Systems AB PB Ratio Related Terms


CTT Systems AB PB Ratio Historical Data

* Premium members only.

The historical data trend for CTT Systems AB'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.

CTT Systems AB PB Ratio Chart

CTT Systems AB 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 0.00 0.00 0.00 0.00 8.99

CTT Systems AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 10.31 8.99 5.58

FRA:VG5 vs SPCX, GE, RTX: PB Ratio Comparison

For the Aerospace & Defense subindustry, CTT Systems AB'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.


CTT Systems AB PB Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, CTT Systems AB's PB Ratio distribution charts can be found below:

* The bar in red indicates where CTT Systems AB's PB Ratio falls into.


FRA:VG5
86GF Score
CTT Systems AB FRA:VG5
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CTT Systems AB 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.

CTT Systems AB's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=11.64/2.014
=5.78

* 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 5.78 mean?
CTT Systems AB (FRA:VG5) has a PB Ratio of 5.78 as of Jun. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on CTT Systems AB and its competitors. This is 45% below median its historical median of 10.49. Over the past decade, CTT Systems AB's PB Ratio has ranged from 5.36 to 17.80. According to the industry distribution chart, CTT Systems AB ranks #237 out of 339 companies in the Aerospace & Defense industry, placing it in the top 69.9%.
Is CTT Systems AB's PB Ratio too high?
CTT Systems AB's current PB Ratio of 5.78 is 45% below median its 10-year median of 10.49. Over the past 10 years, this metric has ranged from a low of 5.36 to a high of 17.80. The Aerospace & Defense industry median PB Ratio is 3.71. CTT Systems AB's value of 5.78 is 55.8% above this industry median. Based on the distribution chart, CTT Systems AB ranks #237 out of 339 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, CTT Systems AB has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does CTT Systems AB's PB Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, CTT Systems AB ranks #237 out of 339 companies for PB Ratio. This places CTT Systems AB in the lower half of its industry. The industry median PB Ratio is 3.71. CTT Systems AB's value of 5.78 is 55.8% above this benchmark. Historically, CTT Systems AB's own PB Ratio has ranged from 5.36 to 17.80 over the past decade. While the company's 10-year median is 10.49 vs. the industry median of 3.71, CTT Systems AB 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 an Aerospace & Defense company?
The median PB Ratio among Aerospace & Defense companies is 3.71, based on 339 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. CTT Systems AB's current PB Ratio of 5.78 is 55.8% 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 CTT Systems AB and its competitors. For the Aerospace & Defense industry, the median PB Ratio is 3.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CTT Systems AB's current PB Ratio is 5.78, which is 45% below median its own 10-year median of 10.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CTT Systems AB stock overvalued right now?
CTT Systems AB (FRA:VG5) has a current PB Ratio of 5.78. The stock's GF Value™ is €21.57, compared to a current price of €11.64 — trading 46% below its estimated fair value. The current PB Ratio is 5.78, which is 45% below median its 10-year median of 10.49 and 55.8% above the Aerospace & Defense industry median of 3.71. CTT Systems AB's overall GF Score™ is 86/100 with 3 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 CTT Systems AB (FRA:VG5), the current PB Ratio is 5.78 as of Jun. 30, 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 CTT Systems AB (FRA:VG5) Overvalued in 2026?

Based on GuruFocus' analysis, CTT Systems AB stock appears to be undervalued. The current stock price of €11.64 is trading 46% below its estimated GF Value™ of €21.57.

Key valuation signals for FRA:VG5:

  • PB Ratio: 5.78 (45% below median its 10-year median of 10.49)
  • GF Value™: €21.57 vs. price of €11.64 (46% below fair value)
  • GF Score™: 86/100 with 3 warning signs
  • Industry Position: 55.8% above the Aerospace & Defense median (#237 of 339)

No single metric tells the full story. See the FRA:VG5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CTT Systems AB Business Description

Other Exchanges CTT:Sweden0GUO:UK
Address Brukslagarvagen 5, Box 1042, Nykoping, SWE, 611 29
CTT Systems AB manufacturer and provider of humidity control systems for aircraft. The company offers a Zonal Drying system that prevents condensation within an aircraft during humidification. The company's product line includes various humidifiers. It sells its products to aircraft manufacturers and transportation companies. The group's products, Zonal Drying System and Cair, create conditions facilitating improved profitability and flight safety as well as considerably enhanced comfort for passengers and cabin personnel. It supplies these systems to aircraft manufacturers for installation during the production of new aircraft and to airlines for their existing aircraft fleets. Geographically company generates maximum revenue from USA, Denmark, France, and other regions.
86GF Score

Get the complete analysis for FRA:VG5

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

€11.64
Price
€21.57
GF Value