SSAB AB (publ)LTS:0KII +0.43%76 PB Ratio is 1.33 as of Jun. 26, 2026, which is 75% above its 10-year median of 0.76. GuruFocus rates LTS:0KII with a GF Score™ of 76/100 and a GF Value™ of kr56.74 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 612 Steel companies, SSAB AB (publ) ranks worse than 65.2% 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 (2026-06-26), SSAB AB (publ)'s share price is kr93.30. SSAB AB (publ)'s Book Value per Share for the quarter that ended in Mar. 2026 was kr70.31. Hence, SSAB AB (publ)'s PB Ratio of today is 1.33.
Warning Sign:
SSAB AB (publ) stock PB Ratio (=1.36) is close to 10-year high of 1.43.
The historical rank and industry rank for SSAB AB (publ)'s PB Ratio or its related term are showing as below:
LTS:0KII'
s PB Ratio Range Over the Past 10 Years
Min: 0.31 Med: 0.76 Max: 1.43
Current: 1.34
During the past 13 years, SSAB AB (publ)'s highest PB Ratio was 1.43. The lowest was 0.31. And the median was 0.76.
LTS:0KII's PB Ratio is ranked worse than 65.2% of 612
companies
in the Steel industry
Industry Median: 0.965
vs LTS:0KII: 1.34
During the past 12 months, SSAB AB (publ)'s average Book Value Per Share Growth Rate was 2.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of SSAB AB (publ) was 92.50% per year. The lowest was -22.60% per year. And the median was -0.10% 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.
SSAB AB (publ) PB Ratio Related Terms
SSAB AB (publ) PB Ratio Historical Data
* Premium members only.
The historical data trend for SSAB AB (publ)'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 Steel subindustry, SSAB AB (publ)'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.
SSAB AB (publ) PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, SSAB AB (publ)'s PB Ratio distribution charts can be found below:
* The bar in red indicates where SSAB AB (publ)'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.
SSAB AB (publ)'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.
SSAB AB (publ) (LTS:0KII) has a PB Ratio of 1.33 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on SSAB AB (publ) and its competitors. This is 75% above median its historical median of 0.76. Over the past decade, SSAB AB (publ)'s PB Ratio has ranged from 0.31 to 1.43. According to the industry distribution chart, SSAB AB (publ) ranks #399 out of 612 companies in the Steel industry, placing it in the top 65.2%.
Is SSAB AB (publ)'s PB Ratio too high?
SSAB AB (publ)'s current PB Ratio of 1.33 is 75% above median its 10-year median of 0.76. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 1.43. The Steel industry median PB Ratio is 0.97. SSAB AB (publ)'s value of 1.33 is 37.8% above this industry median. Based on the distribution chart, SSAB AB (publ) ranks #399 out of 612 companies in the Steel industry, which is below the industry midpoint. Overall, SSAB AB (publ) has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SSAB AB (publ)'s PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, SSAB AB (publ) ranks #399 out of 612 companies for PB Ratio. This places SSAB AB (publ) in the lower half of its industry. The industry median PB Ratio is 0.97. SSAB AB (publ)'s value of 1.33 is 37.8% above this benchmark. Historically, SSAB AB (publ)'s own PB Ratio has ranged from 0.31 to 1.43 over the past decade. While the company's 10-year median is 0.76 vs. the industry median of 0.97, SSAB AB (publ) 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 Steel company?
The median PB Ratio among Steel companies is 0.97, based on 612 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. SSAB AB (publ)'s current PB Ratio of 1.33 is 37.8% 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 SSAB AB (publ) and its competitors. For the Steel industry, the median PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SSAB AB (publ)'s current PB Ratio is 1.33, which is 75% above median its own 10-year median of 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SSAB AB (publ) stock overvalued right now?
Based on GuruFocus' analysis, SSAB AB (publ) (LTS:0KII) is currently considered Significantly Overvalued. The stock's GF Value™ is kr56.74, compared to a current price of kr93.30 — trading 64.4% above its estimated fair value. The current PB Ratio is 1.33, which is 75% above median its 10-year median of 0.76 and 37.8% above the Steel industry median of 0.97. SSAB AB (publ)'s overall GF Score™ is 76/100 with 8 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 SSAB AB (publ) (LTS:0KII), the current PB Ratio is 1.33 as of Jun. 26, 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 SSAB AB (publ) (LTS:0KII) Overvalued in 2026?
Based on GuruFocus' analysis, SSAB AB (publ) stock appears to be overvalued.
The current stock price of kr93.30 is trading 64.4% above its estimated GF Value™ of kr56.74.
GuruFocus considers SSAB AB (publ) to be Significantly Overvalued.
Key valuation signals for LTS:0KII:
PB Ratio: 1.33 (75% above median its 10-year median of 0.76)
GF Value™: kr56.74 vs. price of kr93.30 (64.4% above fair value)
Industry Position: 37.8% above the Steel median (#399 of 612)
No single metric tells the full story. See the LTS:0KII stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SSAB AB (publ) is a Swedish steel producer specializing in high-strength and specialty steels for applications across industries like automotive, construction, heavy transport, mining, and energy. The company manufactures quenched and tempered steels, high-strength steels, heavy plates, strip products, and tubular goods through divisions including SSAB Special Steels, SSAB Europe, and SSAB Americas, Tibnor and Ruukki Construction with production sites mainly in Sweden, Finland, and the United States, Europe and rest of the world.
76GF Score
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