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.
Medclair ABNGM:MCLR -2.24%70 PB Ratio is 3.53 as of Jul. 15, 2026, which is 31% above its 10-year median of 2.70. GuruFocus rates NGM:MCLR with a GF Score™ of 70/100 and a GF Value™ of kr2.35 (Modestly Overvalued). Among 787 Medical Devices & Instruments companies, Medclair AB ranks worse than 69.76% 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), Medclair AB's share price is kr3.05. Medclair AB's Book Value per Share for the quarter that ended in Mar. 2026 was kr0.86. Hence, Medclair AB's PB Ratio of today is 3.53.
The historical rank and industry rank for Medclair AB's PB Ratio or its related term are showing as below:
NGM:MCLR'
s PB Ratio Range Over the Past 10 Years
Min: 1.79 Med: 2.7 Max: 5.69
Current: 3.53
During the past 11 years, Medclair AB's highest PB Ratio was 5.69. The lowest was 1.79. And the median was 2.70.
NGM:MCLR's PB Ratio is ranked worse than 69.76% of 787
companies
in the Medical Devices & Instruments industry
Industry Median: 2.05
vs NGM:MCLR: 3.53
During the past 12 months, Medclair AB's average Book Value Per Share Growth Rate was 34.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 8.80% per year.
During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Medclair AB was 105.20% per year. The lowest was -51.80% per year. And the median was 4.60% 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.
Medclair AB PB Ratio Related Terms
Medclair AB PB Ratio Historical Data
* Premium members only.
The historical data trend for Medclair 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 Medical Devices subindustry, Medclair 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.
Medclair AB PB Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Medclair AB's PB Ratio distribution charts can be found below:
* The bar in red indicates where Medclair 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.
Medclair 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.
Medclair AB (NGM:MCLR) has a PB Ratio of 3.53 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 Medclair AB and its competitors. This is 31% above median its historical median of 2.70. Over the past decade, Medclair AB's PB Ratio has ranged from 1.79 to 5.69. According to the industry distribution chart, Medclair AB ranks #549 out of 787 companies in the Medical Devices & Instruments industry, placing it in the top 69.8%.
Is Medclair AB's PB Ratio too high?
Medclair AB's current PB Ratio of 3.53 is 31% above median its 10-year median of 2.70. Over the past 10 years, this metric has ranged from a low of 1.79 to a high of 5.69. The Medical Devices & Instruments industry median PB Ratio is 2.05. Medclair AB's value of 3.53 is 72.2% above this industry median. Based on the distribution chart, Medclair AB ranks #549 out of 787 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Medclair AB has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Medclair AB's PB Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Medclair AB ranks #549 out of 787 companies for PB Ratio. This places Medclair AB in the lower half of its industry. The industry median PB Ratio is 2.05. Medclair AB's value of 3.53 is 72.2% above this benchmark. Historically, Medclair AB's own PB Ratio has ranged from 1.79 to 5.69 over the past decade. While the company's 10-year median is 2.70 vs. the industry median of 2.05, Medclair 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 Medical Devices & Instruments company?
The median PB Ratio among Medical Devices & Instruments companies is 2.05, based on 787 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. Medclair AB's current PB Ratio of 3.53 is 72.2% 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 Medclair AB and its competitors. For the Medical Devices & Instruments industry, the median PB Ratio is 2.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Medclair AB's current PB Ratio is 3.53, which is 31% above median its own 10-year median of 2.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medclair AB stock overvalued right now?
Based on GuruFocus' analysis, Medclair AB (NGM:MCLR) is currently considered Modestly Overvalued. The stock's GF Value™ is kr2.35, compared to a current price of kr3.05 — trading 29.8% above its estimated fair value. The current PB Ratio is 3.53, which is 31% above median its 10-year median of 2.70 and 72.2% above the Medical Devices & Instruments industry median of 2.05. Medclair AB's overall GF Score™ is 70/100. 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 Medclair AB (NGM:MCLR), the current PB Ratio is 3.53 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.
Is Medclair AB (NGM:MCLR) Overvalued in 2026?
Based on GuruFocus' analysis, Medclair AB stock appears to be overvalued.
The current stock price of kr3.05 is trading 29.8% above its estimated GF Value™ of kr2.35.
GuruFocus considers Medclair AB to be Modestly Overvalued.
Key valuation signals for NGM:MCLR:
PB Ratio: 3.53 (31% above median its 10-year median of 2.70)
GF Value™: kr2.35 vs. price of kr3.05 (29.8% above fair value)
Industry Position: 72.2% above the Medical Devices & Instruments median (#549 of 787)
No single metric tells the full story. See the NGM:MCLR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Medclair AB operates in healthcare industry. The company has two units: Central Destruction Unit (CDU) and Mobile Destruction Unit (MDU) decomposes the nitrous oxide entering the unit, transforming it to nitrogen (N2) och oxygen (O2). It also provide solutions for various N2O methods such as double mask, single mask, mouthpiece, or free flow, which ensures a safe work environment for healthcare professionals.
70GF Score
Get the complete analysis for NGM:MCLR
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
NGM:MCLR has been successfully added to your 
