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Avsalt Group ABNGM:AVSALT +1.06%31 PB Ratio is 2.11 as of Jul. 15, 2026, which is 210% above its 10-year median of 0.68. GuruFocus rates NGM:AVSALT with a GF Score™ of 31/100. The stock has 2 warning signs investors should review. Among 2,981 Industrial Products companies, Avsalt Group AB ranks better than 51.29% 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 (2026-07-15), Avsalt Group AB's share price is kr0.475. Avsalt Group AB's Book Value per Share for the quarter that ended in Dec. 2025 was kr0.23. Hence, Avsalt Group AB's PB Ratio of today is 2.11.
Warning Sign:
Avsalt Group AB stock PB Ratio (=2.09) is close to 3-year high of 2.09.
The historical rank and industry rank for Avsalt Group AB's PB Ratio or its related term are showing as below:
NGM:AVSALT'
s PB Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.68 Max: 35.55
Current: 2.11
During the past 7 years, Avsalt Group AB's highest PB Ratio was 35.55. The lowest was 0.01. And the median was 0.68.
NGM:AVSALT's PB Ratio is ranked better than 51.29% of 2981
companies
in the Industrial Products industry
Industry Median: 2.17
vs NGM:AVSALT: 2.11
During the past 12 months, Avsalt Group AB's average Book Value Per Share Growth Rate was -61.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -89.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -75.80% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Avsalt Group AB was 92.90% per year. The lowest was -89.60% per year. And the median was -61.80% 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.
Avsalt Group AB PB Ratio Related Terms
Avsalt Group AB PB Ratio Historical Data
* Premium members only.
The historical data trend for Avsalt Group 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.
For the Specialty Industrial Machinery subindustry, Avsalt Group 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.
Avsalt Group AB PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Avsalt Group AB's PB Ratio distribution charts can be found below:
* The bar in red indicates where Avsalt Group AB'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.
Avsalt Group AB'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.
Avsalt Group AB (NGM:AVSALT) has a PB Ratio of 2.11 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Avsalt Group AB and its competitors. This is 210% above median its historical median of 0.68. Over the past decade, Avsalt Group AB's PB Ratio has ranged from 0.01 to 35.55. According to the industry distribution chart, Avsalt Group AB ranks #1452 out of 2981 companies in the Industrial Products industry, placing it in the top 48.7%.
Is Avsalt Group AB's PB Ratio too high?
Avsalt Group AB's current PB Ratio of 2.11 is 210% above median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 35.55. The Industrial Products industry median PB Ratio is 2.17. Avsalt Group AB's value of 2.11 is 2.8% below this industry median. Based on the distribution chart, Avsalt Group AB ranks #1452 out of 2981 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Avsalt Group AB has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Avsalt Group AB's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Avsalt Group AB ranks #1452 out of 2981 companies for PB Ratio. This puts Avsalt Group AB in the upper half of its industry. The industry median PB Ratio is 2.17. Avsalt Group AB's value of 2.11 is 2.8% below this benchmark. Historically, Avsalt Group AB's own PB Ratio has ranged from 0.01 to 35.55 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 2.17, Avsalt Group AB has consistently been below 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 Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.17, based on 2,981 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. Avsalt Group AB's current PB Ratio of 2.11 is 2.8% below 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 Avsalt Group AB and its competitors. For the Industrial Products industry, the median PB Ratio is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avsalt Group AB's current PB Ratio is 2.11, which is 210% above median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avsalt Group AB stock overvalued right now?
Avsalt Group AB (NGM:AVSALT) has a current PB Ratio of 2.11. The current PB Ratio is 2.11, which is 210% above median its 10-year median of 0.68 and 2.8% below the Industrial Products industry median of 2.17. Avsalt Group AB's overall GF Score™ is 31/100 with 2 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 Avsalt Group AB (NGM:AVSALT), the current PB Ratio is 2.11 as of Jul. 15, 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.
Avsalt Group AB is a Swedish environmental technology company that manufactures desalination machines to purify water. The company's patented technology entails minimal maintenance and low energy consumption and enables a continuous flow of water purified from ions and charged small molecules. The technology is based on thin carbon-based electrodes which, with alternating voltage application, remove ions and charged small molecules from the water.
31GF Score
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