Solar ASFRA:ZVR -1.21%71 PB Ratio is 0.75 as of Jun. 26, 2026, which is 53% below its 10-year median of 1.58. GuruFocus rates FRA:ZVR with a GF Score™ of 71/100 and a GF Value™ of €37.85 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 2,413 Hardware companies, Solar AS ranks better than 84.92% 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), Solar AS's share price is €24.45. Solar AS's Book Value per Share for the quarter that ended in Mar. 2026 was €32.60. Hence, Solar AS's PB Ratio of today is 0.75.
Good Sign:
Solar AS stock PB Ratio (=0.79) is close to 10-year low of 0.76.
The historical rank and industry rank for Solar AS's PB Ratio or its related term are showing as below:
FRA:ZVR'
s PB Ratio Range Over the Past 10 Years
Min: 0.76 Med: 1.58 Max: 3.64
Current: 0.81
During the past 13 years, Solar AS's highest PB Ratio was 3.64. The lowest was 0.76. And the median was 1.58.
FRA:ZVR's PB Ratio is ranked better than 84.92% of 2413
companies
in the Hardware industry
Industry Median: 2.4
vs FRA:ZVR: 0.81
During the past 12 months, Solar AS's average Book Value Per Share Growth Rate was 2.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -2.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 0.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 1.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Solar AS was 9.70% per year. The lowest was -10.00% per year. And the median was 0.90% 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.
Solar AS PB Ratio Related Terms
Solar AS PB Ratio Historical Data
* Premium members only.
The historical data trend for Solar AS'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 Electronics & Computer Distribution subindustry, Solar AS'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.
Solar AS PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Solar AS's PB Ratio distribution charts can be found below:
* The bar in red indicates where Solar AS'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.
Solar AS'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.
Solar AS (FRA:ZVR) has a PB Ratio of 0.75 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 Solar AS and its competitors. This is 53% below median its historical median of 1.58. Over the past decade, Solar AS's PB Ratio has ranged from 0.76 to 3.64. According to the industry distribution chart, Solar AS ranks #364 out of 2413 companies in the Hardware industry, placing it in the top 15.1%.
Is Solar AS's PB Ratio too high?
Solar AS's current PB Ratio of 0.75 is 53% below median its 10-year median of 1.58. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 3.64. The Hardware industry median PB Ratio is 2.40. Solar AS's value of 0.75 is 68.8% below this industry median. Based on the distribution chart, Solar AS ranks #364 out of 2413 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Solar AS has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Solar AS's PB Ratio compare to SNX and ARW?
According to the Hardware industry distribution chart, Solar AS ranks #364 out of 2413 companies for PB Ratio. This places Solar AS in the top 15% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.40. Solar AS's value of 0.75 is 68.8% below this benchmark. Historically, Solar AS's own PB Ratio has ranged from 0.76 to 3.64 over the past decade. While the company's 10-year median is 1.58 vs. the industry median of 2.40, Solar AS 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. Solar AS's current PB Ratio of 0.75 is 68.8% 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 Solar AS 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. Solar AS's current PB Ratio is 0.75, which is 53% below median its own 10-year median of 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar AS stock overvalued right now?
Based on GuruFocus' analysis, Solar AS (FRA:ZVR) is currently considered Possible Value Trap. The stock's GF Value™ is €37.85, compared to a current price of €24.45 — trading 35.4% below its estimated fair value. The current PB Ratio is 0.75, which is 53% below median its 10-year median of 1.58 and 68.8% below the Hardware industry median of 2.40. Solar AS's overall GF Score™ is 71/100 with 8 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 Solar AS (FRA:ZVR), the current PB Ratio is 0.75 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 Solar AS (FRA:ZVR) Overvalued in 2026?
Based on GuruFocus' analysis, Solar AS stock appears to be undervalued.
The current stock price of €24.45 is trading 35.4% below its estimated GF Value™ of €37.85.
GuruFocus considers Solar AS to be Possible Value Trap.
Key valuation signals for FRA:ZVR:
PB Ratio: 0.75 (53% below median its 10-year median of 1.58)
GF Value™: €37.85 vs. price of €24.45 (35.4% below fair value)
Industry Position: 68.8% below the Hardware median (#364 of 2413)
No single metric tells the full story. See the FRA:ZVR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Solar AS is an sourcing and services company mainly within electrical, heating & plumbing and climate & energy solutions. Its core business centres on product sourcing, value-adding services and optimisation of customer's businesses. It has three business segment; Installation, Industry and Trade. Installation covers installation of electrical, and heating and plumbing products, while industry covers industry, offshore and marine, and utility and infrastructure, trade covers other small areas. Key revenue is generated from Installation segment. The company operates in Denmark, Sweden, Norway, Netherlands, Poland and Others.
71GF Score
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