Saf TehnikaFRA:VTZ 63 PB Ratio is 1.46 as of Jun. 26, 2026, which is 20% above its 10-year median of 1.22. GuruFocus rates FRA:VTZ with a GF Score™ of 63/100 and a GF Value™ of €8.79 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,413 Hardware companies, Saf Tehnika ranks better than 67.55% 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 (2026-06-26), Saf Tehnika's share price is €10.60. Saf Tehnika's Book Value per Share for the quarter that ended in Mar. 2026 was €7.27. Hence, Saf Tehnika's PB Ratio of today is 1.46.
Warning Sign:
Saf Tehnika stock PB Ratio (=1.51) is close to 2-year high of 1.56.
The historical rank and industry rank for Saf Tehnika's PB Ratio or its related term are showing as below:
FRA:VTZ'
s PB Ratio Range Over the Past 10 Years
Min: 0.69 Med: 1.22 Max: 2.82
Current: 1.51
During the past 13 years, Saf Tehnika's highest PB Ratio was 2.82. The lowest was 0.69. And the median was 1.22.
FRA:VTZ's PB Ratio is ranked better than 67.55% of 2413
companies
in the Hardware industry
Industry Median: 2.4
vs FRA:VTZ: 1.51
During the past 12 months, Saf Tehnika's average Book Value Per Share Growth Rate was 30.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -3.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 9.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Saf Tehnika was 143.10% per year. The lowest was -8.90% per year. And the median was 2.30% 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.
Saf Tehnika PB Ratio Related Terms
Saf Tehnika PB Ratio Historical Data
* Premium members only.
The historical data trend for Saf Tehnika'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 Communication Equipment subindustry, Saf Tehnika'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.
Saf Tehnika PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Saf Tehnika's PB Ratio distribution charts can be found below:
* The bar in red indicates where Saf Tehnika'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.
Saf Tehnika'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.
Saf Tehnika (FRA:VTZ) has a PB Ratio of 1.46 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Saf Tehnika and its competitors. This is 20% above median its historical median of 1.22. Over the past decade, Saf Tehnika's PB Ratio has ranged from 0.69 to 2.82. According to the industry distribution chart, Saf Tehnika ranks #783 out of 2413 companies in the Hardware industry, placing it in the top 32.4%.
Is Saf Tehnika's PB Ratio too high?
Saf Tehnika's current PB Ratio of 1.46 is 20% above median its 10-year median of 1.22. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 2.82. The Hardware industry median PB Ratio is 2.40. Saf Tehnika's value of 1.46 is 39.2% below this industry median. Based on the distribution chart, Saf Tehnika ranks #783 out of 2413 companies in the Hardware industry, which is above the industry midpoint. Overall, Saf Tehnika has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Saf Tehnika's PB Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Saf Tehnika ranks #783 out of 2413 companies for PB Ratio. This puts Saf Tehnika in the upper half of its industry. The industry median PB Ratio is 2.40. Saf Tehnika's value of 1.46 is 39.2% below this benchmark. Historically, Saf Tehnika's own PB Ratio has ranged from 0.69 to 2.82 over the past decade. While the company's 10-year median is 1.22 vs. the industry median of 2.40, Saf Tehnika 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 Hardware company?
The median PB Ratio among Hardware companies is 2.40, based on 2,413 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. Saf Tehnika's current PB Ratio of 1.46 is 39.2% 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 Saf Tehnika and its competitors. For the Hardware industry, the median PB Ratio is 2.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saf Tehnika's current PB Ratio is 1.46, which is 20% above median its own 10-year median of 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saf Tehnika stock overvalued right now?
Based on GuruFocus' analysis, Saf Tehnika (FRA:VTZ) is currently considered Modestly Overvalued. The stock's GF Value™ is €8.79, compared to a current price of €10.60 — trading 20.6% above its estimated fair value. The current PB Ratio is 1.46, which is 20% above median its 10-year median of 1.22 and 39.2% below the Hardware industry median of 2.40. Saf Tehnika's overall GF Score™ is 63/100 with 6 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 Saf Tehnika (FRA:VTZ), the current PB Ratio is 1.46 as of Jun. 26, 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 Saf Tehnika (FRA:VTZ) Overvalued in 2026?
Based on GuruFocus' analysis, Saf Tehnika stock appears to be overvalued.
The current stock price of €10.60 is trading 20.6% above its estimated GF Value™ of €8.79.
GuruFocus considers Saf Tehnika to be Modestly Overvalued.
Key valuation signals for FRA:VTZ:
PB Ratio: 1.46 (20% above median its 10-year median of 1.22)
GF Value™: €8.79 vs. price of €10.60 (20.6% above fair value)
Industry Position: 39.2% below the Hardware median (#783 of 2413)
No single metric tells the full story. See the FRA:VTZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Saf Tehnika and its subsidiaries are engaged in the design, production, and distribution of microwave radio data transmission equipment thus offering an alternative to cable channels. The company offers products to mobile network operators, data service providers such as Internet service providers and telecommunications companies, as well as state institutions and private companies. The company also sells antennas, cables, OEM products, and other accessories purchased from other suppliers, as another structural unit. The company's segments are; CFIP, Integra, Spectrum, Compact, Aranet; and Other. It sells its product in Latvia, North and South America, Europe, CIS, Asia, Africa, and the Middle East, of which key sales revenue is generated from North and South America.
63GF Score
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