Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Rovsing ASLTS:0Q51 38 PB Ratio is 3.97 as of Jul. 17, 2026, which is 40% above its 10-year median of 2.84. GuruFocus rates LTS:0Q51 with a GF Score™ of 38/100 and a GF Value™ of kr49.26 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 341 Aerospace & Defense companies, Rovsing AS ranks worse than 56.89% 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 (2026-07-17), Rovsing AS's share price is kr40.65. Rovsing AS's Book Value per Share for the quarter that ended in Dec. 2025 was kr10.24. Hence, Rovsing AS's PB Ratio of today is 3.97.
The historical rank and industry rank for Rovsing AS's PB Ratio or its related term are showing as below:
LTS:0Q51'
s PB Ratio Range Over the Past 10 Years
Min: 0.85 Med: 2.84 Max: 5.94
Current: 3.74
During the past 13 years, Rovsing AS's highest PB Ratio was 5.94. The lowest was 0.85. And the median was 2.84.
LTS:0Q51's PB Ratio is ranked worse than 56.89% of 341
companies
in the Aerospace & Defense industry
Industry Median: 3.48
vs LTS:0Q51: 3.74
During the past 12 months, Rovsing AS's average Book Value Per Share Growth Rate was -23.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -2.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -8.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -16.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Rovsing AS was 193.20% per year. The lowest was -29.10% per year. And the median was -19.20% 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.
Rovsing AS PB Ratio Related Terms
Rovsing AS PB Ratio Historical Data
* Premium members only.
The historical data trend for Rovsing 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 Aerospace & Defense subindustry, Rovsing 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.
Rovsing AS PB Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Rovsing AS's PB Ratio distribution charts can be found below:
* The bar in red indicates where Rovsing 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.
Rovsing 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.
Rovsing AS (LTS:0Q51) has a PB Ratio of 3.97 as of Jul. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Rovsing AS and its competitors. This is 40% above median its historical median of 2.84. Over the past decade, Rovsing AS's PB Ratio has ranged from 0.85 to 5.94. According to the industry distribution chart, Rovsing AS ranks #194 out of 341 companies in the Aerospace & Defense industry, placing it in the top 56.9%.
Is Rovsing AS's PB Ratio too high?
Rovsing AS's current PB Ratio of 3.97 is 40% above median its 10-year median of 2.84. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 5.94. The Aerospace & Defense industry median PB Ratio is 3.48. Rovsing AS's value of 3.97 is 14.1% above this industry median. Based on the distribution chart, Rovsing AS ranks #194 out of 341 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Rovsing AS has a GF Score™ of 38/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rovsing AS's PB Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Rovsing AS ranks #194 out of 341 companies for PB Ratio. This places Rovsing AS in the lower half of its industry. The industry median PB Ratio is 3.48. Rovsing AS's value of 3.97 is 14.1% above this benchmark. Historically, Rovsing AS's own PB Ratio has ranged from 0.85 to 5.94 over the past decade. While the company's 10-year median is 2.84 vs. the industry median of 3.48, Rovsing 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 an Aerospace & Defense company?
The median PB Ratio among Aerospace & Defense companies is 3.48, based on 341 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. Rovsing AS's current PB Ratio of 3.97 is 14.1% 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 Rovsing AS and its competitors. For the Aerospace & Defense industry, the median PB Ratio is 3.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rovsing AS's current PB Ratio is 3.97, which is 40% above median its own 10-year median of 2.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rovsing AS stock overvalued right now?
Based on GuruFocus' analysis, Rovsing AS (LTS:0Q51) is currently considered Modestly Undervalued. The stock's GF Value™ is kr49.26, compared to a current price of kr40.65 — trading 17.5% below its estimated fair value. The current PB Ratio is 3.97, which is 40% above median its 10-year median of 2.84 and 14.1% above the Aerospace & Defense industry median of 3.48. Rovsing AS's overall GF Score™ is 38/100 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 Rovsing AS (LTS:0Q51), the current PB Ratio is 3.97 as of Jul. 17, 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 Rovsing AS (LTS:0Q51) Overvalued in 2026?
Based on GuruFocus' analysis, Rovsing AS stock appears to be undervalued.
The current stock price of kr40.65 is trading 17.5% below its estimated GF Value™ of kr49.26.
GuruFocus considers Rovsing AS to be Modestly Undervalued.
Key valuation signals for LTS:0Q51:
PB Ratio: 3.97 (40% above median its 10-year median of 2.84)
GF Value™: kr49.26 vs. price of kr40.65 (17.5% below fair value)
Industry Position: 14.1% above the Aerospace & Defense median (#194 of 341)
No single metric tells the full story. See the LTS:0Q51 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rovsing AS develops, manufactures and delivers systems for functional and electrical testing of spacecrafts and their payloads. The company's products and systems are used for testing of spacecraft sub-systems, including external communication connections and instruments. Its products are modular and are sold either on a stand-alone basis or used as modules in system solutions, customized for the specific spacecraft application. In connection with the configuration of system solutions, third parties' products are also used, and software is configured for the individual spacecraft needs.
38GF Score
Get the complete analysis for LTS:0Q51
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:0Q51 has been successfully added to your 
