Adverty AB (NGM:ADVT) PB Ratio: 9.31 (As of Jun. 28, 2026) — 66% Above Median


NGM:ADVT Adverty AB NGM:ADVT
40 GF Score
Price kr0.12
GF Value kr0.09
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Adverty AB PB Ratio?

Adverty AB NGM:ADVT +2.54% 40 PB Ratio is 9.31 as of Jun. 28, 2026, which is 66% above its 10-year median of 5.61. GuruFocus rates NGM:ADVT with a GF Score™ of 40/100 and a GF Value™ of kr0.09 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 931 Media - Diversified companies, Adverty AB ranks worse than 93.88% 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), Adverty AB's share price is kr0.121. Adverty AB's Book Value per Share for the quarter that ended in Mar. 2026 was kr0.01. Hence, Adverty AB's PB Ratio of today is 9.31.

Warning Sign:

Adverty AB stock PB Ratio (=9.31) is close to 1-year high of 9.31.

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

NGM:ADVT' s PB Ratio Range Over the Past 10 Years
Min: 0.97   Med: 5.61   Max: 249.46
Current: 9.31

During the past 9 years, Adverty AB's highest PB Ratio was 249.46. The lowest was 0.97. And the median was 5.61.

NGM:ADVT's PB Ratio is ranked worse than
93.88% of 931 companies
in the Media - Diversified industry
Industry Median: 1.24 vs NGM:ADVT: 9.31

During the past 12 months, Adverty AB's average Book Value Per Share Growth Rate was -61.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -69.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -55.30% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Adverty AB was 114.00% per year. The lowest was -69.00% per year. And the median was -43.00% per year.

Back to Basics: PB Ratio


Adverty AB  (NGM:ADVT) 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.


Adverty AB PB Ratio Related Terms


Adverty AB PB Ratio Historical Data

* Premium members only.

The historical data trend for Adverty AB'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.

Adverty AB PB Ratio Chart

Adverty AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only 5.65 1.58 31.79 3.63 2.50

Adverty AB 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 3.59 8.78 2.38 2.50 2.85

NGM:ADVT vs APP, OMC, TTD: PB Ratio Comparison

For the Advertising Agencies subindustry, Adverty AB'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.


Adverty AB PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Adverty AB's PB Ratio distribution charts can be found below:

* The bar in red indicates where Adverty AB's PB Ratio falls into.


NGM:ADVT
40GF Score
Adverty AB NGM:ADVT
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Adverty AB 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.

Adverty AB's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.121/0.013
=9.31

* 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 9.31 mean?
Adverty AB (NGM:ADVT) has a PB Ratio of 9.31 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 Adverty AB and its competitors. This is 66% above median its historical median of 5.61. Over the past decade, Adverty AB's PB Ratio has ranged from 0.97 to 249.46. According to the industry distribution chart, Adverty AB ranks #874 out of 931 companies in the Media - Diversified industry, placing it in the top 93.9%.
Is Adverty AB's PB Ratio too high?
Adverty AB's current PB Ratio of 9.31 is 66% above median its 10-year median of 5.61. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 249.46. The Media - Diversified industry median PB Ratio is 1.24. Adverty AB's value of 9.31 is 650.8% above this industry median. Based on the distribution chart, Adverty AB ranks #874 out of 931 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Adverty AB has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Adverty AB's PB Ratio compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Adverty AB ranks #874 out of 931 companies for PB Ratio. This places Adverty AB in the lower half of its industry. The industry median PB Ratio is 1.24. Adverty AB's value of 9.31 is 650.8% above this benchmark. Historically, Adverty AB's own PB Ratio has ranged from 0.97 to 249.46 over the past decade. While the company's 10-year median is 5.61 vs. the industry median of 1.24, Adverty AB 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 Media - Diversified company?
The median PB Ratio among Media - Diversified companies is 1.24, based on 931 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. Adverty AB's current PB Ratio of 9.31 is 650.8% 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 Adverty AB and its competitors. For the Media - Diversified industry, the median PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adverty AB's current PB Ratio is 9.31, which is 66% above median its own 10-year median of 5.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adverty AB stock overvalued right now?
Based on GuruFocus' analysis, Adverty AB (NGM:ADVT) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.09, compared to a current price of kr0.12 — trading 34.4% above its estimated fair value. The current PB Ratio is 9.31, which is 66% above median its 10-year median of 5.61 and 650.8% above the Media - Diversified industry median of 1.24. Adverty AB's overall GF Score™ is 40/100 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 Adverty AB (NGM:ADVT), the current PB Ratio is 9.31 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 Adverty AB (NGM:ADVT) Overvalued in 2026?

Based on GuruFocus' analysis, Adverty AB stock appears to be overvalued. The current stock price of kr0.12 is trading 34.4% above its estimated GF Value™ of kr0.09. GuruFocus considers Adverty AB to be Significantly Overvalued.

Key valuation signals for NGM:ADVT:

  • PB Ratio: 9.31 (66% above median its 10-year median of 5.61)
  • GF Value™: kr0.09 vs. price of kr0.12 (34.4% above fair value)
  • GF Score™: 40/100 with 8 warning signs
  • Industry Position: 650.8% above the Media - Diversified median (#874 of 931)

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


Adverty AB Business Description

Address Medborgarplatsen 25, Stockholm, SWE, 118 72
Adverty AB is engaged in the development and operation of advertising solutions for Virtual Reality and Augmented Reality and related business.
40GF Score

Get the complete analysis for NGM:ADVT

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

kr0.12
Price
kr0.09
GF Value