Nordea Bank AbpNRDBY -0.36%66 PB Ratio is 1.90 as of Jul. 08, 2026, which is 58% above its 10-year median of 1.20. GuruFocus rates NRDBY with a GF Score™ of 66/100 and a GF Value™ of $13.85 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,517 Banks companies, Nordea Bank Abp ranks worse than 88.13% 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 (2026-07-08), Nordea Bank Abp's share price is $19.46. Nordea Bank Abp's Book Value per Share for the quarter that ended in Mar. 2026 was $10.24. Hence, Nordea Bank Abp's PB Ratio of today is 1.90.
Warning Sign:
Nordea Bank Abp stock PB Ratio (=1.97) is close to 10-year high of 1.97.
The historical rank and industry rank for Nordea Bank Abp's PB Ratio or its related term are showing as below:
NRDBY'
s PB Ratio Range Over the Past 10 Years
Min: 0.63 Med: 1.2 Max: 2
Current: 1.98
During the past 13 years, Nordea Bank Abp's highest PB Ratio was 2.00. The lowest was 0.63. And the median was 1.20.
NRDBY's PB Ratio is ranked worse than 88.13% of 1517
companies
in the Banks industry
Industry Median: 1.1
vs NRDBY: 1.98
During the past 12 months, Nordea Bank Abp's average Book Value Per Share Growth Rate was 1.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nordea Bank Abp was 17.90% per year. The lowest was 0.50% per year. And the median was 5.60% per year.
Back to Basics: PB Ratio
Nordea Bank Abp (OTCPK:NRDBY) PB Ratio Explanation
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.
Nordea Bank Abp PB Ratio Related Terms
Nordea Bank Abp PB Ratio Historical Data
* Premium members only.
The historical data trend for Nordea Bank Abp'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, Nordea Bank Abp'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.
Nordea Bank Abp PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Nordea Bank Abp's PB Ratio distribution charts can be found below:
* The bar in red indicates where Nordea Bank Abp'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.
Nordea Bank Abp'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.
Nordea Bank Abp (NRDBY) has a PB Ratio of 1.90 as of Jul. 08, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Nordea Bank Abp and its competitors. This is 58% above median its historical median of 1.20. Over the past decade, Nordea Bank Abp's PB Ratio has ranged from 0.63 to 2.00. According to the industry distribution chart, Nordea Bank Abp ranks #1337 out of 1517 companies in the Banks industry, placing it in the top 88.1%.
Is Nordea Bank Abp's PB Ratio too high?
Nordea Bank Abp's current PB Ratio of 1.90 is 58% above median its 10-year median of 1.20. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 2.00. The Banks industry median PB Ratio is 1.10. Nordea Bank Abp's value of 1.90 is 72.7% above this industry median. Based on the distribution chart, Nordea Bank Abp ranks #1337 out of 1517 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Nordea Bank Abp has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nordea Bank Abp's PB Ratio compare to PNC and USB?
According to the Banks industry distribution chart, Nordea Bank Abp ranks #1337 out of 1517 companies for PB Ratio. This places Nordea Bank Abp in the lower half of its industry. The industry median PB Ratio is 1.10. Nordea Bank Abp's value of 1.90 is 72.7% above this benchmark. Historically, Nordea Bank Abp's own PB Ratio has ranged from 0.63 to 2.00 over the past decade. While the company's 10-year median is 1.20 vs. the industry median of 1.10, Nordea Bank Abp 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 1.10, based on 1,517 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. Nordea Bank Abp's current PB Ratio of 1.90 is 72.7% 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 Nordea Bank Abp and its competitors. For the Banks industry, the median PB Ratio is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordea Bank Abp's current PB Ratio is 1.90, which is 58% above median its own 10-year median of 1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordea Bank Abp stock overvalued right now?
Based on GuruFocus' analysis, Nordea Bank Abp (NRDBY) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.85, compared to a current price of $19.46 — trading 40.5% above its estimated fair value. The current PB Ratio is 1.90, which is 58% above median its 10-year median of 1.20 and 72.7% above the Banks industry median of 1.10. Nordea Bank Abp's overall GF Score™ is 66/100 with 9 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 Nordea Bank Abp (NRDBY), the current PB Ratio is 1.90 as of Jul. 08, 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 Nordea Bank Abp (NRDBY) Overvalued in 2026?
Based on GuruFocus' analysis, Nordea Bank Abp stock appears to be overvalued.
The current stock price of $19.46 is trading 40.5% above its estimated GF Value™ of $13.85.
GuruFocus considers Nordea Bank Abp to be Significantly Overvalued.
Key valuation signals for NRDBY:
PB Ratio: 1.90 (58% above median its 10-year median of 1.20)
GF Value™: $13.85 vs. price of $19.46 (40.5% above fair value)
Industry Position: 72.7% above the Banks median (#1337 of 1517)
No single metric tells the full story. See the NRDBY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nordea is a universal Nordic bank that generates most of its income through vanilla lending products such as mortgages, household loans, and corporate loans. The bank is also a leading equity and debt underwriter and issuer, specialized in the Nordics, generating roughly one tenth of the group's income. Nordea also offers life and pension, savings and asset management, as well as private banking services to high-net-worth individuals. It operates primarily in Sweden, Denmark, Finland, and Norway.
66GF Score
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