HydrogenPro ASAHYPRF 57 PB Ratio is 1.11 as of Jun. 30, 2026, which is 40% below its 10-year median of 1.84. GuruFocus rates HYPRF with a GF Score™ of 57/100 and a GF Value™ of $0.36 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,981 Industrial Products companies, HydrogenPro ASA ranks better than 91.41% 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), HydrogenPro ASA's share price is $0.2334. HydrogenPro ASA's Book Value per Share for the quarter that ended in Mar. 2026 was $0.21. Hence, HydrogenPro ASA's PB Ratio of today is 1.11.
Good Sign:
HydrogenPro ASA stock PB Ratio (=0.39) is close to 10-year low of 0.39.
The historical rank and industry rank for HydrogenPro ASA's PB Ratio or its related term are showing as below:
HYPRF'
s PB Ratio Range Over the Past 10 Years
Min: 0.39 Med: 1.84 Max: 4.9
Current: 0.39
During the past 8 years, HydrogenPro ASA's highest PB Ratio was 4.90. The lowest was 0.39. And the median was 1.84.
HYPRF's PB Ratio is ranked better than 91.41% of 2981
companies
in the Industrial Products industry
Industry Median: 2.28
vs HYPRF: 0.39
During the past 12 months, HydrogenPro ASA's average Book Value Per Share Growth Rate was -51.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -26.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -20.10% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of HydrogenPro ASA was -7.90% per year. The lowest was -26.90% per year. And the median was -17.60% per year.
Back to Basics: PB Ratio
HydrogenPro ASA (OTCPK:HYPRF) PB Ratio Explanation
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.
HydrogenPro ASA PB Ratio Related Terms
HydrogenPro ASA PB Ratio Historical Data
* Premium members only.
The historical data trend for HydrogenPro ASA'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 Specialty Industrial Machinery subindustry, HydrogenPro ASA'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.
HydrogenPro ASA PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, HydrogenPro ASA's PB Ratio distribution charts can be found below:
* The bar in red indicates where HydrogenPro ASA'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.
HydrogenPro ASA'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.
HydrogenPro ASA (HYPRF) has a PB Ratio of 1.11 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 HydrogenPro ASA and its competitors. This is 40% below median its historical median of 1.84. Over the past decade, HydrogenPro ASA's PB Ratio has ranged from 0.39 to 4.90. According to the industry distribution chart, HydrogenPro ASA ranks #256 out of 2981 companies in the Industrial Products industry, placing it in the top 8.6%.
Is HydrogenPro ASA's PB Ratio too high?
HydrogenPro ASA's current PB Ratio of 1.11 is 40% below median its 10-year median of 1.84. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 4.90. The Industrial Products industry median PB Ratio is 2.28. HydrogenPro ASA's value of 1.11 is 51.3% below this industry median. Based on the distribution chart, HydrogenPro ASA ranks #256 out of 2981 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, HydrogenPro ASA has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HydrogenPro ASA's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, HydrogenPro ASA ranks #256 out of 2981 companies for PB Ratio. This places HydrogenPro ASA in the top 9% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.28. HydrogenPro ASA's value of 1.11 is 51.3% below this benchmark. Historically, HydrogenPro ASA's own PB Ratio has ranged from 0.39 to 4.90 over the past decade. While the company's 10-year median is 1.84 vs. the industry median of 2.28, HydrogenPro ASA 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.28, based on 2,981 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. HydrogenPro ASA's current PB Ratio of 1.11 is 51.3% 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 HydrogenPro ASA and its competitors. For the Industrial Products industry, the median PB Ratio is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HydrogenPro ASA's current PB Ratio is 1.11, which is 40% below median its own 10-year median of 1.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HydrogenPro ASA stock overvalued right now?
Based on GuruFocus' analysis, HydrogenPro ASA (HYPRF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.36, compared to a current price of $0.23 — trading 35.2% below its estimated fair value. The current PB Ratio is 1.11, which is 40% below median its 10-year median of 1.84 and 51.3% below the Industrial Products industry median of 2.28. HydrogenPro ASA's overall GF Score™ is 57/100 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 HydrogenPro ASA (HYPRF), the current PB Ratio is 1.11 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 HydrogenPro ASA (HYPRF) Overvalued in 2026?
Based on GuruFocus' analysis, HydrogenPro ASA stock appears to be undervalued.
The current stock price of $0.23 is trading 35.2% below its estimated GF Value™ of $0.36.
GuruFocus considers HydrogenPro ASA to be Possible Value Trap.
Key valuation signals for HYPRF:
PB Ratio: 1.11 (40% below median its 10-year median of 1.84)
GF Value™: $0.36 vs. price of $0.23 (35.2% below fair value)
Industry Position: 51.3% below the Industrial Products median (#256 of 2981)
No single metric tells the full story. See the HYPRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HydrogenPro ASA is engaged in the designing and supplying of customized hydrogen production plants. The core product of the company is the Alkaline high-pressure electrolysers that enables efficient and scalable green hydrogen production. The company's geographical markets include Norway, Europe, America which generates key revenue, and Asia Pacific.
57GF Score
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