Danske Bank ASLTS:0NVC -0.16%63 PB Ratio is 1.68 as of Jun. 26, 2026, which is 98% above its 10-year median of 0.85. GuruFocus rates LTS:0NVC with a GF Score™ of 63/100 and a GF Value™ of kr232.63 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,516 Banks companies, Danske Bank AS ranks worse than 83.84% 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), Danske Bank AS's share price is kr345.65. Danske Bank AS's Book Value per Share for the quarter that ended in Mar. 2026 was kr205.84. Hence, Danske Bank AS's PB Ratio of today is 1.68.
Warning Sign:
Danske Bank AS stock PB Ratio (=1.68) is close to 10-year high of 1.71.
The historical rank and industry rank for Danske Bank AS's PB Ratio or its related term are showing as below:
LTS:0NVC'
s PB Ratio Range Over the Past 10 Years
Min: 0.36 Med: 0.85 Max: 1.71
Current: 1.68
During the past 13 years, Danske Bank AS's highest PB Ratio was 1.71. The lowest was 0.36. And the median was 0.85.
LTS:0NVC's PB Ratio is ranked worse than 83.84% of 1516
companies
in the Banks industry
Industry Median: 1.09
vs LTS:0NVC: 1.68
During the past 12 months, Danske Bank AS's average Book Value Per Share Growth Rate was 1.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 2.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 2.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Danske Bank AS was 14.80% per year. The lowest was -1.90% per year. And the median was 3.90% 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.
Danske Bank AS PB Ratio Related Terms
Danske Bank AS PB Ratio Historical Data
* Premium members only.
The historical data trend for Danske Bank AS'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 Banks - Regional subindustry, Danske Bank AS'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.
Danske Bank AS PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Danske Bank AS's PB Ratio distribution charts can be found below:
* The bar in red indicates where Danske Bank AS'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.
Danske Bank AS'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.
Danske Bank AS (LTS:0NVC) has a PB Ratio of 1.68 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 Danske Bank AS and its competitors. This is 98% above median its historical median of 0.85. Over the past decade, Danske Bank AS's PB Ratio has ranged from 0.36 to 1.71. According to the industry distribution chart, Danske Bank AS ranks #1271 out of 1516 companies in the Banks industry, placing it in the top 83.8%.
Is Danske Bank AS's PB Ratio too high?
Danske Bank AS's current PB Ratio of 1.68 is 98% above median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 1.71. The Banks industry median PB Ratio is 1.09. Danske Bank AS's value of 1.68 is 54.1% above this industry median. Based on the distribution chart, Danske Bank AS ranks #1271 out of 1516 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Danske Bank AS has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Danske Bank AS's PB Ratio compare to competitors?
According to the Banks industry distribution chart, Danske Bank AS ranks #1271 out of 1516 companies for PB Ratio. This places Danske Bank AS in the lower half of its industry. The industry median PB Ratio is 1.09. Danske Bank AS's value of 1.68 is 54.1% above this benchmark. Historically, Danske Bank AS's own PB Ratio has ranged from 0.36 to 1.71 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 1.09, Danske Bank AS 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 Banks company?
The median PB Ratio among Banks companies is 1.09, based on 1,516 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. Danske Bank AS's current PB Ratio of 1.68 is 54.1% 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 Danske Bank AS and its competitors. For the Banks industry, the median PB Ratio is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Danske Bank AS's current PB Ratio is 1.68, which is 98% above median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Danske Bank AS stock overvalued right now?
Based on GuruFocus' analysis, Danske Bank AS (LTS:0NVC) is currently considered Significantly Overvalued. The stock's GF Value™ is kr232.63, compared to a current price of kr345.65 — trading 48.6% above its estimated fair value. The current PB Ratio is 1.68, which is 98% above median its 10-year median of 0.85 and 54.1% above the Banks industry median of 1.09. Danske Bank AS's overall GF Score™ is 63/100 with 7 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 Danske Bank AS (LTS:0NVC), the current PB Ratio is 1.68 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 Danske Bank AS (LTS:0NVC) Overvalued in 2026?
Based on GuruFocus' analysis, Danske Bank AS stock appears to be overvalued.
The current stock price of kr345.65 is trading 48.6% above its estimated GF Value™ of kr232.63.
GuruFocus considers Danske Bank AS to be Significantly Overvalued.
Key valuation signals for LTS:0NVC:
PB Ratio: 1.68 (98% above median its 10-year median of 0.85)
GF Value™: kr232.63 vs. price of kr345.65 (48.6% above fair value)
Industry Position: 54.1% above the Banks median (#1271 of 1516)
No single metric tells the full story. See the LTS:0NVC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1871, Danske Bank's headquarters are in Copenhagen, Denmark. It is the largest Danish bank with a dominant market share of 24% in lending and 27% in deposits. It operates through 144 branches in Denmark, Finland, Sweden, Norway, and Northern Ireland.
63GF Score
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