NKT ASNRKBF +25.23%80 PB Ratio is 3.34 as of Jun. 29, 2026, which is 135% above its 10-year median of 1.42. GuruFocus rates NRKBF with a GF Score™ of 80/100 and a GF Value™ of $106.59 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,981 Industrial Products companies, NKT AS ranks worse than 62.4% 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 (2026-06-29), NKT AS's share price is $158.30. NKT AS's Book Value per Share for the quarter that ended in Mar. 2026 was $47.43. Hence, NKT AS's PB Ratio of today is 3.34.
The historical rank and industry rank for NKT AS's PB Ratio or its related term are showing as below:
NRKBF'
s PB Ratio Range Over the Past 10 Years
Min: 0.34 Med: 1.42 Max: 3.63
Current: 3.06
During the past 13 years, NKT AS's highest PB Ratio was 3.63. The lowest was 0.34. And the median was 1.42.
NRKBF's PB Ratio is ranked worse than 62.4% of 2981
companies
in the Industrial Products industry
Industry Median: 2.26
vs NRKBF: 3.06
During the past 12 months, NKT AS's average Book Value Per Share Growth Rate was 11.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 19.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 12.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of NKT AS was 19.00% per year. The lowest was -5.80% per year. And the median was 5.90% 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.
NKT AS PB Ratio Related Terms
NKT AS PB Ratio Historical Data
* Premium members only.
The historical data trend for NKT 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 Electrical Equipment & Parts subindustry, NKT 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.
NKT AS PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, NKT AS's PB Ratio distribution charts can be found below:
* The bar in red indicates where NKT 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.
NKT 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.
NKT AS (NRKBF) has a PB Ratio of 3.34 as of Jun. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on NKT AS and its competitors. This is 135% above median its historical median of 1.42. Over the past decade, NKT AS's PB Ratio has ranged from 0.34 to 3.63. According to the industry distribution chart, NKT AS ranks #1860 out of 2981 companies in the Industrial Products industry, placing it in the top 62.4%.
Is NKT AS's PB Ratio too high?
NKT AS's current PB Ratio of 3.34 is 135% above median its 10-year median of 1.42. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 3.63. The Industrial Products industry median PB Ratio is 2.26. NKT AS's value of 3.34 is 47.8% above this industry median. Based on the distribution chart, NKT AS ranks #1860 out of 2981 companies in the Industrial Products industry, which is below the industry midpoint. Overall, NKT AS has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NKT AS's PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, NKT AS ranks #1860 out of 2981 companies for PB Ratio. This places NKT AS in the lower half of its industry. The industry median PB Ratio is 2.26. NKT AS's value of 3.34 is 47.8% above this benchmark. Historically, NKT AS's own PB Ratio has ranged from 0.34 to 3.63 over the past decade. While the company's 10-year median is 1.42 vs. the industry median of 2.26, NKT 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 Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.26, 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. NKT AS's current PB Ratio of 3.34 is 47.8% 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 NKT AS and its competitors. For the Industrial Products industry, the median PB Ratio is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NKT AS's current PB Ratio is 3.34, which is 135% above median its own 10-year median of 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NKT AS stock overvalued right now?
Based on GuruFocus' analysis, NKT AS (NRKBF) is currently considered Significantly Overvalued. The stock's GF Value™ is $106.59, compared to a current price of $158.30 — trading 48.5% above its estimated fair value. The current PB Ratio is 3.34, which is 135% above median its 10-year median of 1.42 and 47.8% above the Industrial Products industry median of 2.26. NKT AS's overall GF Score™ is 80/100 with 5 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 NKT AS (NRKBF), the current PB Ratio is 3.34 as of Jun. 29, 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 NKT AS (NRKBF) Overvalued in 2026?
Based on GuruFocus' analysis, NKT AS stock appears to be overvalued.
The current stock price of $158.30 is trading 48.5% above its estimated GF Value™ of $106.59.
GuruFocus considers NKT AS to be Significantly Overvalued.
Key valuation signals for NRKBF:
PB Ratio: 3.34 (135% above median its 10-year median of 1.42)
GF Value™: $106.59 vs. price of $158.30 (48.5% above fair value)
Industry Position: 47.8% above the Industrial Products median (#1860 of 2981)
No single metric tells the full story. See the NRKBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NKT AS is a Denmark-based provider of cable technology. The company, along with its subsidiaries, operates in the following segments; Solutions, Applications, and Service & Accessories. Maximum revenue is generated from the Solutions segment which caters to the high-voltage power cable market and is involved in the manufacturing and installation of high-voltage cables and products for onshore power transmission and distribution, power-from-shore, cable projects, offshore wind connections, and other projects. This segment also owns and operates a cable-laying vessel, NKT Victoria. Geographically, the company generates maximum revenue from Germany followed by the United States of America, the United Kingdom, Poland, Norway, Denmark, and other regions.
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