Systemair ABLTS:0HDK -1.26%84 PB Ratio is 2.80 as of Jul. 07, 2026, which is 3% below its 10-year median of 2.89. GuruFocus rates LTS:0HDK with a GF Score™ of 84/100 and a GF Value™ of kr81.19 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,718 Construction companies, Systemair AB ranks worse than 74.8% 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 (2026-07-07), Systemair AB's share price is kr82.45. Systemair AB's Book Value per Share for the quarter that ended in Apr. 2026 was kr29.46. Hence, Systemair AB's PB Ratio of today is 2.80.
The historical rank and industry rank for Systemair AB's PB Ratio or its related term are showing as below:
LTS:0HDK'
s PB Ratio Range Over the Past 10 Years
Min: 1.74 Med: 2.89 Max: 6.19
Current: 2.75
During the past 13 years, Systemair AB's highest PB Ratio was 6.19. The lowest was 1.74. And the median was 2.89.
LTS:0HDK's PB Ratio is ranked worse than 74.8% of 1718
companies
in the Construction industry
Industry Median: 1.335
vs LTS:0HDK: 2.75
During the past 12 months, Systemair AB's average Book Value Per Share Growth Rate was 6.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 13.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 12.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Systemair AB was 23.50% per year. The lowest was 5.20% per year. And the median was 12.90% 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.
Systemair AB PB Ratio Related Terms
Systemair AB PB Ratio Historical Data
* Premium members only.
The historical data trend for Systemair AB'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 Building Products & Equipment subindustry, Systemair AB'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.
Systemair AB PB Ratio vs Construction Industry
For the Construction industry and Industrials sector, Systemair AB's PB Ratio distribution charts can be found below:
* The bar in red indicates where Systemair AB'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.
Systemair AB'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.
Systemair AB (LTS:0HDK) has a PB Ratio of 2.80 as of Jul. 07, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Systemair AB and its competitors. This is near median its historical median of 2.89. Over the past decade, Systemair AB's PB Ratio has ranged from 1.74 to 6.19. According to the industry distribution chart, Systemair AB ranks #1285 out of 1718 companies in the Construction industry, placing it in the top 74.8%.
Is Systemair AB's PB Ratio too high?
Systemair AB's current PB Ratio of 2.80 is near median its 10-year median of 2.89. Over the past 10 years, this metric has ranged from a low of 1.74 to a high of 6.19. The Construction industry median PB Ratio is 1.34. Systemair AB's value of 2.80 is 109.7% above this industry median. Based on the distribution chart, Systemair AB ranks #1285 out of 1718 companies in the Construction industry, which is below the industry midpoint. Overall, Systemair AB has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Systemair AB's PB Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Systemair AB ranks #1285 out of 1718 companies for PB Ratio. This places Systemair AB in the lower half of its industry. The industry median PB Ratio is 1.34. Systemair AB's value of 2.80 is 109.7% above this benchmark. Historically, Systemair AB's own PB Ratio has ranged from 1.74 to 6.19 over the past decade. While the company's 10-year median is 2.89 vs. the industry median of 1.34, Systemair AB 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 a Construction company?
The median PB Ratio among Construction companies is 1.34, based on 1,718 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. Systemair AB's current PB Ratio of 2.80 is 109.7% 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 Systemair AB and its competitors. For the Construction industry, the median PB Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Systemair AB's current PB Ratio is 2.80, which is near median its own 10-year median of 2.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Systemair AB stock overvalued right now?
Based on GuruFocus' analysis, Systemair AB (LTS:0HDK) is currently considered Fairly Valued. The stock's GF Value™ is kr81.19, compared to a current price of kr82.45 — trading 1.6% above its estimated fair value. The current PB Ratio is 2.80, which is near median its 10-year median of 2.89 and 109.7% above the Construction industry median of 1.34. Systemair AB's overall GF Score™ is 84/100 with 1 warning sign 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 Systemair AB (LTS:0HDK), the current PB Ratio is 2.80 as of Jul. 07, 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 Systemair AB (LTS:0HDK) Overvalued in 2026?
Based on GuruFocus' analysis, Systemair AB stock appears to be overvalued.
The current stock price of kr82.45 is trading 1.6% above its estimated GF Value™ of kr81.19.
GuruFocus considers Systemair AB to be Fairly Valued.
Key valuation signals for LTS:0HDK:
PB Ratio: 2.80 (near median its 10-year median of 2.89)
GF Value™: kr81.19 vs. price of kr82.45 (1.6% above fair value)
Industry Position: 109.7% above the Construction median (#1285 of 1718)
No single metric tells the full story. See the LTS:0HDK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Systemair AB is a building material company that develops, manufactures, and markets ventilation products. The company's products under its flagship Systemair brand include air conditioning units, air curtains, air distribution products, and energy-efficient fans. The company also markets products under its Frico, VEAB Heat Tech AB, Fantech, and Menerga segments. Frico manufactures air curtains and heating products, while VEAB primarily develops heating products. The Fantech segment markets to the residential sector, in contrast to Systemair's commercial base. Menerga produces high-efficiency air-handling units for specialized buildings such as museums, airports, and swimming pool halls. The company generates the majority of its revenue from Europe.
84GF Score
Get the complete analysis for LTS:0HDK
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LTS:0HDK has been successfully added to your 
