Magnora ASA (LTS:0MHQ) PB Ratio: 4.62 (As of Jul. 13, 2026) — 17% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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LTS:0MHQ Magnora ASA LTS:0MHQ
72 GF Score
Price kr23.68
GF Value kr21.67
Valuation Fairly Valued
! 6 Warning Signs
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What is Magnora ASA PB Ratio?

Magnora ASA LTS:0MHQ 72 PB Ratio is 4.62 as of Jul. 13, 2026, which is 17% above its 10-year median of 3.96. GuruFocus rates LTS:0MHQ with a GF Score™ of 72/100 and a GF Value™ of kr21.67 (Fairly Valued). The stock has 6 warning signs investors should review. Among 431 Utilities - Independent Power Producers companies, Magnora ASA ranks worse than 87.24% 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 (2026-07-13), Magnora ASA's share price is kr23.675. Magnora ASA's Book Value per Share for the quarter that ended in Mar. 2026 was kr5.12. Hence, Magnora ASA's PB Ratio of today is 4.62.

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

LTS:0MHQ' s PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 3.96   Max: 13.69
Current: 4.61

During the past 13 years, Magnora ASA's highest PB Ratio was 13.69. The lowest was 0.59. And the median was 3.96.

LTS:0MHQ's PB Ratio is ranked worse than
87.24% of 431 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.29 vs LTS:0MHQ: 4.61

During the past 12 months, Magnora ASA's average Book Value Per Share Growth Rate was -24.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 23.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Magnora ASA was 189.00% per year. The lowest was -77.70% per year. And the median was -5.90% per year.

Back to Basics: PB Ratio


Magnora ASA  (LTS:0MHQ) 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.


Magnora ASA PB Ratio Related Terms


Magnora ASA PB Ratio Historical Data

* Premium members only.

The historical data trend for Magnora 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.

Magnora ASA PB Ratio Chart

Magnora 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 6.23 3.67 4.03 4.43 3.31

Magnora 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 3.43 3.93 3.86 3.31 4.63

Magnora ASA PB Ratio Competitor Comparison

For the Utilities - Renewable subindustry, Magnora 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.


Magnora ASA PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Magnora ASA's PB Ratio distribution charts can be found below:

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


LTS:0MHQ
72GF Score
Magnora ASA LTS:0MHQ
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Magnora 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=23.675/5.121
=4.62

* 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 4.62 mean?
Magnora ASA (LTS:0MHQ) has a PB Ratio of 4.62 as of Jul. 13, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Magnora ASA and its competitors. This is 17% above median its historical median of 3.96. Over the past decade, Magnora ASA's PB Ratio has ranged from 0.59 to 13.69. According to the industry distribution chart, Magnora ASA ranks #376 out of 431 companies in the Utilities - Independent Power Producers industry, placing it in the top 87.2%.
Is Magnora ASA's PB Ratio too high?
Magnora ASA's current PB Ratio of 4.62 is 17% above median its 10-year median of 3.96. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 13.69. The Utilities - Independent Power Producers industry median PB Ratio is 1.29. Magnora ASA's value of 4.62 is 258.1% above this industry median. Based on the distribution chart, Magnora ASA ranks #376 out of 431 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Magnora ASA has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Magnora ASA's PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Magnora ASA ranks #376 out of 431 companies for PB Ratio. This places Magnora ASA in the lower half of its industry. The industry median PB Ratio is 1.29. Magnora ASA's value of 4.62 is 258.1% above this benchmark. Historically, Magnora ASA's own PB Ratio has ranged from 0.59 to 13.69 over the past decade. While the company's 10-year median is 3.96 vs. the industry median of 1.29, Magnora 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 Utilities - Independent Power Producers company?
The median PB Ratio among Utilities - Independent Power Producers companies is 1.29, based on 431 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. Magnora ASA's current PB Ratio of 4.62 is 258.1% 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 Magnora ASA and its competitors. For the Utilities - Independent Power Producers industry, the median PB Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magnora ASA's current PB Ratio is 4.62, which is 17% above median its own 10-year median of 3.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnora ASA stock overvalued right now?
Based on GuruFocus' analysis, Magnora ASA (LTS:0MHQ) is currently considered Fairly Valued. The stock's GF Value™ is kr21.67, compared to a current price of kr23.68 — trading 9.3% above its estimated fair value. The current PB Ratio is 4.62, which is 17% above median its 10-year median of 3.96 and 258.1% above the Utilities - Independent Power Producers industry median of 1.29. Magnora ASA's overall GF Score™ is 72/100 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 Magnora ASA (LTS:0MHQ), the current PB Ratio is 4.62 as of Jul. 13, 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 Magnora ASA (LTS:0MHQ) Overvalued in 2026?

Based on GuruFocus' analysis, Magnora ASA stock appears to be overvalued. The current stock price of kr23.68 is trading 9.3% above its estimated GF Value™ of kr21.67. GuruFocus considers Magnora ASA to be Fairly Valued.

Key valuation signals for LTS:0MHQ:

  • PB Ratio: 4.62 (17% above median its 10-year median of 3.96)
  • GF Value™: kr21.67 vs. price of kr23.68 (9.3% above fair value)
  • GF Score™: 72/100 with 6 warning signs
  • Industry Position: 258.1% above the Utilities - Independent Power Producers median (#376 of 431)

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


Magnora ASA Business Description

Other Exchanges MGN:Norway4SM:Germany
Address Karenslyst Alle 6, 1st floor, Oslo, NOR, 0278
Magnora ASA is a renewable energy development company, focusing on the development of wind and Solar PV projects. The group has one operating segment, which is the development of renewable projects that includes four segments: Onshore solar photovoltaic (PV) energy, Onshore wind energy, Battery energy storage systems (BESS), and Offshore wind energy.
72GF Score

Get the complete analysis for LTS:0MHQ

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

kr23.68
Price
kr21.67
GF Value