OSRAM Licht AGHAM:OSR +0.38%59 PB Ratio is 6.34 as of Jun. 27, 2026, which is 127% above its 10-year median of 2.79. GuruFocus rates HAM:OSR with a GF Score™ of 59/100 and a GF Value™ of €97.64 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,986 Industrial Products companies, OSRAM Licht AG ranks worse than 83.92% 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 (2026-06-27), OSRAM Licht AG's share price is €53.20. OSRAM Licht AG's Book Value per Share for the quarter that ended in Mar. 2026 was €8.40. Hence, OSRAM Licht AG's PB Ratio of today is 6.34.
The historical rank and industry rank for OSRAM Licht AG's PB Ratio or its related term are showing as below:
HAM:OSR'
s PB Ratio Range Over the Past 10 Years
Min: 1.05 Med: 2.79 Max: 44.69
Current: 6.31
During the past 13 years, OSRAM Licht AG's highest PB Ratio was 44.69. The lowest was 1.05. And the median was 2.79.
HAM:OSR's PB Ratio is ranked worse than 83.92% of 2986
companies
in the Industrial Products industry
Industry Median: 2.27
vs HAM:OSR: 6.31
During the past 12 months, OSRAM Licht AG's average Book Value Per Share Growth Rate was 624.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -4.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -15.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -11.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of OSRAM Licht AG was 19.50% per year. The lowest was -34.00% per year. And the median was 3.60% 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.
OSRAM Licht AG PB Ratio Related Terms
OSRAM Licht AG PB Ratio Historical Data
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The historical data trend for OSRAM Licht 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 Electrical Equipment & Parts subindustry, OSRAM Licht 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.
OSRAM Licht AG PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, OSRAM Licht AG's PB Ratio distribution charts can be found below:
* The bar in red indicates where OSRAM Licht 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.
OSRAM Licht 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.
OSRAM Licht AG (HAM:OSR) has a PB Ratio of 6.34 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 OSRAM Licht AG and its competitors. This is 127% above median its historical median of 2.79. Over the past decade, OSRAM Licht AG's PB Ratio has ranged from 1.05 to 44.69. According to the industry distribution chart, OSRAM Licht AG ranks #2506 out of 2986 companies in the Industrial Products industry, placing it in the top 83.9%.
Is OSRAM Licht AG's PB Ratio too high?
OSRAM Licht AG's current PB Ratio of 6.34 is 127% above median its 10-year median of 2.79. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 44.69. The Industrial Products industry median PB Ratio is 2.27. OSRAM Licht AG's value of 6.34 is 179.3% above this industry median. Based on the distribution chart, OSRAM Licht AG ranks #2506 out of 2986 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, OSRAM Licht AG has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does OSRAM Licht AG's PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, OSRAM Licht AG ranks #2506 out of 2986 companies for PB Ratio. This places OSRAM Licht AG in the lower half of its industry. The industry median PB Ratio is 2.27. OSRAM Licht AG's value of 6.34 is 179.3% above this benchmark. Historically, OSRAM Licht AG's own PB Ratio has ranged from 1.05 to 44.69 over the past decade. While the company's 10-year median is 2.79 vs. the industry median of 2.27, OSRAM Licht 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.27, based on 2,986 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. OSRAM Licht AG's current PB Ratio of 6.34 is 179.3% 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 OSRAM Licht AG and its competitors. For the Industrial Products industry, the median PB Ratio is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OSRAM Licht AG's current PB Ratio is 6.34, which is 127% above median its own 10-year median of 2.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OSRAM Licht AG stock overvalued right now?
Based on GuruFocus' analysis, OSRAM Licht AG (HAM:OSR) is currently considered Possible Value Trap. The stock's GF Value™ is €97.64, compared to a current price of €53.20 — trading 45.5% below its estimated fair value. The current PB Ratio is 6.34, which is 127% above median its 10-year median of 2.79 and 179.3% above the Industrial Products industry median of 2.27. OSRAM Licht AG's overall GF Score™ is 59/100 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 OSRAM Licht AG (HAM:OSR), the current PB Ratio is 6.34 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 OSRAM Licht AG (HAM:OSR) Overvalued in 2026?
Based on GuruFocus' analysis, OSRAM Licht AG stock appears to be undervalued.
The current stock price of €53.20 is trading 45.5% below its estimated GF Value™ of €97.64.
GuruFocus considers OSRAM Licht AG to be Possible Value Trap.
Key valuation signals for HAM:OSR:
PB Ratio: 6.34 (127% above median its 10-year median of 2.79)
GF Value™: €97.64 vs. price of €53.20 (45.5% below fair value)
Industry Position: 179.3% above the Industrial Products median (#2506 of 2986)
No single metric tells the full story. See the HAM:OSR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
OSRAM Licht AG is a provider of lighting and sensor technology solutions. The company's products include LED's, Drivers, Lasers, Photodetectors, multi-chips, Sensor solutions, Interfaces, Full-service foundry, ASICs and customized solutions, Lamps, and Boards, kits & accessories. Its segments include Opto Semiconductors (OS), CMOS Sensors & ASICs (CSA), and the Lamps & Systems (L&S) segments. The Opto Semiconductors and CMOS Sensors & ASICs segments cover semiconductor-based products and solutions (including LEDs) for customers in the automotive, consumer, industrial, and medical technology end markets. The Lamps & Systems segment includes lamps and lighting systems; it focuses on the automotive and industrial end markets.
59GF Score
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