BlueNord ASALTS:0HTF -0.78%66 PB Ratio is 2.97 as of Jun. 28, 2026, which is 68% above its 10-year median of 1.77. GuruFocus rates LTS:0HTF with a GF Score™ of 66/100 and a GF Value™ of kr815.19 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 926 Oil & Gas companies, BlueNord ASA ranks worse than 79.81% 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 (2026-06-28), BlueNord ASA's share price is kr509.0099. BlueNord ASA's Book Value per Share for the quarter that ended in Mar. 2026 was kr171.36. Hence, BlueNord ASA's PB Ratio of today is 2.97.
The historical rank and industry rank for BlueNord ASA's PB Ratio or its related term are showing as below:
LTS:0HTF'
s PB Ratio Range Over the Past 10 Years
Min: 0.43 Med: 1.77 Max: 22.25
Current: 2.97
During the past 13 years, BlueNord ASA's highest PB Ratio was 22.25. The lowest was 0.43. And the median was 1.77.
LTS:0HTF's PB Ratio is ranked worse than 79.81% of 926
companies
in the Oil & Gas industry
Industry Median: 1.38
vs LTS:0HTF: 2.97
During the past 12 months, BlueNord ASA's average Book Value Per Share Growth Rate was -42.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 8.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of BlueNord ASA was 125.60% per year. The lowest was -93.00% per year. And the median was 2.05% 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.
BlueNord ASA PB Ratio Related Terms
BlueNord ASA PB Ratio Historical Data
* Premium members only.
The historical data trend for BlueNord 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 Oil & Gas E&P subindustry, BlueNord 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.
BlueNord ASA PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, BlueNord ASA's PB Ratio distribution charts can be found below:
* The bar in red indicates where BlueNord 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.
BlueNord 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.
BlueNord ASA (LTS:0HTF) has a PB Ratio of 2.97 as of Jun. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on BlueNord ASA and its competitors. This is 68% above median its historical median of 1.77. Over the past decade, BlueNord ASA's PB Ratio has ranged from 0.43 to 22.25. According to the industry distribution chart, BlueNord ASA ranks #739 out of 926 companies in the Oil & Gas industry, placing it in the top 79.8%.
Is BlueNord ASA's PB Ratio too high?
BlueNord ASA's current PB Ratio of 2.97 is 68% above median its 10-year median of 1.77. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 22.25. The Oil & Gas industry median PB Ratio is 1.38. BlueNord ASA's value of 2.97 is 115.2% above this industry median. Based on the distribution chart, BlueNord ASA ranks #739 out of 926 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, BlueNord ASA has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does BlueNord ASA's PB Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, BlueNord ASA ranks #739 out of 926 companies for PB Ratio. This places BlueNord ASA in the lower half of its industry. The industry median PB Ratio is 1.38. BlueNord ASA's value of 2.97 is 115.2% above this benchmark. Historically, BlueNord ASA's own PB Ratio has ranged from 0.43 to 22.25 over the past decade. While the company's 10-year median is 1.77 vs. the industry median of 1.38, BlueNord ASA 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 Oil & Gas company?
The median PB Ratio among Oil & Gas companies is 1.38, based on 926 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. BlueNord ASA's current PB Ratio of 2.97 is 115.2% 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 BlueNord ASA and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlueNord ASA's current PB Ratio is 2.97, which is 68% above median its own 10-year median of 1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlueNord ASA stock overvalued right now?
Based on GuruFocus' analysis, BlueNord ASA (LTS:0HTF) is currently considered Possible Value Trap. The stock's GF Value™ is kr815.19, compared to a current price of kr509.01 — trading 37.6% below its estimated fair value. The current PB Ratio is 2.97, which is 68% above median its 10-year median of 1.77 and 115.2% above the Oil & Gas industry median of 1.38. BlueNord ASA's overall GF Score™ is 66/100 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 BlueNord ASA (LTS:0HTF), the current PB Ratio is 2.97 as of Jun. 28, 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 BlueNord ASA (LTS:0HTF) Overvalued in 2026?
Based on GuruFocus' analysis, BlueNord ASA stock appears to be undervalued.
The current stock price of kr509.01 is trading 37.6% below its estimated GF Value™ of kr815.19.
GuruFocus considers BlueNord ASA to be Possible Value Trap.
Key valuation signals for LTS:0HTF:
PB Ratio: 2.97 (68% above median its 10-year median of 1.77)
GF Value™: kr815.19 vs. price of kr509.01 (37.6% below fair value)
Industry Position: 115.2% above the Oil & Gas median (#739 of 926)
No single metric tells the full story. See the LTS:0HTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BlueNord ASA is a Norway-based oil and gas company engaged in the production and development of oil and gas resources. The company operates mainly in the Danish North Sea through its interest in the Danish Underground Consortium. It focuses on supporting the energy transition by improving the long-term role of oil and gas in the energy mix while reducing greenhouse gas emissions on the Danish Continental Shelf.
66GF Score
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