Goodtech ASA (LTS:0ELH) PB Ratio: 1.28 (As of Jul. 09, 2026) — 54% Above Median


LTS:0ELH Goodtech ASA LTS:0ELH
71 GF Score
Price kr12.60
GF Value kr9.44
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Goodtech ASA PB Ratio?

Goodtech ASA LTS:0ELH 71 PB Ratio is 1.28 as of Jul. 09, 2026, which is 54% above its 10-year median of 0.83. GuruFocus rates LTS:0ELH with a GF Score™ of 71/100 and a GF Value™ of kr9.44 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,720 Construction companies, Goodtech ASA ranks better than 50.47% 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 (2026-07-09), Goodtech ASA's share price is kr12.60. Goodtech ASA's Book Value per Share for the quarter that ended in Mar. 2026 was kr9.84. Hence, Goodtech ASA's PB Ratio of today is 1.28.

Warning Sign:

Goodtech ASA stock PB Ratio (=1.35) is close to 5-year high of 1.45.

The historical rank and industry rank for Goodtech ASA's PB Ratio or its related term are showing as below:

LTS:0ELH' s PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.83   Max: 1.52
Current: 1.35

During the past 13 years, Goodtech ASA's highest PB Ratio was 1.52. The lowest was 0.30. And the median was 0.83.

LTS:0ELH's PB Ratio is ranked better than
50.47% of 1720 companies
in the Construction industry
Industry Median: 1.32 vs LTS:0ELH: 1.35

During the past 12 months, Goodtech ASA's average Book Value Per Share Growth Rate was 11.00% 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 -1.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -4.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Goodtech ASA was 27.00% per year. The lowest was -15.00% per year. And the median was -2.00% per year.

Back to Basics: PB Ratio


Goodtech ASA  (LTS:0ELH) 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.


Goodtech ASA PB Ratio Related Terms


Goodtech ASA PB Ratio Historical Data

* Premium members only.

The historical data trend for Goodtech 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.

Goodtech ASA PB Ratio Chart

Goodtech ASA 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 0.91 0.84 0.98 0.99 1.05

Goodtech ASA 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 1.01 0.98 0.98 1.05 1.10

LTS:0ELH vs PWR, FIX, EME: PB Ratio Comparison

For the Engineering & Construction subindustry, Goodtech 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.


Goodtech ASA PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Goodtech ASA's PB Ratio distribution charts can be found below:

* The bar in red indicates where Goodtech ASA's PB Ratio falls into.


LTS:0ELH
71GF Score
Goodtech ASA LTS:0ELH
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Goodtech ASA 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.

Goodtech ASA's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=12.60/9.841
=1.28

* 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 1.28 mean?
Goodtech ASA (LTS:0ELH) has a PB Ratio of 1.28 as of Jul. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Goodtech ASA and its competitors. This is 54% above median its historical median of 0.83. Over the past decade, Goodtech ASA's PB Ratio has ranged from 0.30 to 1.52. According to the industry distribution chart, Goodtech ASA ranks #852 out of 1720 companies in the Construction industry, placing it in the top 49.5%.
Is Goodtech ASA's PB Ratio too high?
Goodtech ASA's current PB Ratio of 1.28 is 54% above median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 1.52. The Construction industry median PB Ratio is 1.32. Goodtech ASA's value of 1.28 is 3% below this industry median. Based on the distribution chart, Goodtech ASA ranks #852 out of 1720 companies in the Construction industry, which is above the industry midpoint. Overall, Goodtech ASA has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Goodtech ASA's PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Goodtech ASA ranks #852 out of 1720 companies for PB Ratio. This puts Goodtech ASA in the upper half of its industry. The industry median PB Ratio is 1.32. Goodtech ASA's value of 1.28 is 3% below this benchmark. Historically, Goodtech ASA's own PB Ratio has ranged from 0.30 to 1.52 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 1.32, Goodtech 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 a Construction company?
The median PB Ratio among Construction companies is 1.32, based on 1,720 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. Goodtech ASA's current PB Ratio of 1.28 is 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 Goodtech ASA and its competitors. For the Construction industry, the median PB Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goodtech ASA's current PB Ratio is 1.28, which is 54% above median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodtech ASA stock overvalued right now?
Based on GuruFocus' analysis, Goodtech ASA (LTS:0ELH) is currently considered Significantly Overvalued. The stock's GF Value™ is kr9.44, compared to a current price of kr12.60 — trading 33.5% above its estimated fair value. The current PB Ratio is 1.28, which is 54% above median its 10-year median of 0.83 and 3% below the Construction industry median of 1.32. Goodtech ASA's overall GF Score™ is 71/100 with 5 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 Goodtech ASA (LTS:0ELH), the current PB Ratio is 1.28 as of Jul. 09, 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 Goodtech ASA (LTS:0ELH) Overvalued in 2026?

Based on GuruFocus' analysis, Goodtech ASA stock appears to be overvalued. The current stock price of kr12.60 is trading 33.5% above its estimated GF Value™ of kr9.44. GuruFocus considers Goodtech ASA to be Significantly Overvalued.

Key valuation signals for LTS:0ELH:

  • PB Ratio: 1.28 (54% above median its 10-year median of 0.83)
  • GF Value™: kr9.44 vs. price of kr12.60 (33.5% above fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 3% below the Construction median (#852 of 1720)

No single metric tells the full story. See the LTS:0ELH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Goodtech ASA Business Description

Other Exchanges GOD:Norway6FO:Germany
Address Innspurten 15, Oslo, NOR, 0663
Goodtech ASA is a specialist in control systems, digitalization, and production optimization for the manufacturing industry. The company plays an active role in modernizing, streamlining, and driving the critical digital transformation in Nordic industry. It also provides technical solutions in the field of Food & Beverage, Manufacturing, Renewables, Process Industry, New Industries, Energy & Utilities, Metals & Minerals, Mobility, Pharma, and Marine & Aquaculture. It also supplies automation products and streamlining solutions globally.
71GF Score

Get the complete analysis for LTS:0ELH

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

kr12.60
Price
kr9.44
GF Value