NTIC's PB Ratio is ranked better than 68.53% of 1573
companies
in the Chemicals industry
Industry Median: 1.79
vs NTIC: 1.12
During the past 12 months, Northern Technologies International's average Book Value Per Share Growth Rate was 4.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Northern Technologies International was 28.70% per year. The lowest was 2.00% per year. And the median was 8.35% per year.
Back to Basics: PB Ratio
Northern Technologies International (NAS:NTIC) 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.
Northern Technologies International PB Ratio Related Terms
Northern Technologies International PB Ratio Historical Data
* 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.
Northern Technologies International PB Ratio Chart
For the Specialty Chemicals subindustry, Northern Technologies International'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.
Northern Technologies International PB Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Northern Technologies International's PB Ratio distribution charts can be found below:
* The bar in red indicates where Northern Technologies International's PB Ratio falls into.
Northern Technologies International 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.
* 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.
Northern Technologies International (NTIC) has a PB Ratio of 1.12 as of Jul. 06, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Northern Technologies International and its competitors. This is 36% below median its historical median of 1.76. Over the past decade, Northern Technologies International's PB Ratio has ranged from 0.94 to 3.52. According to the industry distribution chart, Northern Technologies International ranks #495 out of 1573 companies in the Chemicals industry, placing it in the top 31.5%.
Is Northern Technologies International's PB Ratio too high?
Northern Technologies International's current PB Ratio of 1.12 is 36% below median its 10-year median of 1.76. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 3.52. The Chemicals industry median PB Ratio is 1.79. Northern Technologies International's value of 1.12 is 37.4% below this industry median. Based on the distribution chart, Northern Technologies International ranks #495 out of 1573 companies in the Chemicals industry, which is above the industry midpoint. Overall, Northern Technologies International has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Northern Technologies International's PB Ratio compare to FSI and FEAM?
According to the Chemicals industry distribution chart, Northern Technologies International ranks #495 out of 1573 companies for PB Ratio. This puts Northern Technologies International in the upper half of its industry. The industry median PB Ratio is 1.79. Northern Technologies International's value of 1.12 is 37.4% below this benchmark. Historically, Northern Technologies International's own PB Ratio has ranged from 0.94 to 3.52 over the past decade. While the company's 10-year median is 1.76 vs. the industry median of 1.79, Northern Technologies International 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 a Chemicals company?
The median PB Ratio among Chemicals companies is 1.79, based on 1,573 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. Northern Technologies International's current PB Ratio of 1.12 is 37.4% 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 Northern Technologies International and its competitors. For the Chemicals industry, the median PB Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Technologies International's current PB Ratio is 1.12, which is 36% below median its own 10-year median of 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Technologies International stock overvalued right now?
Based on GuruFocus' analysis, Northern Technologies International (NTIC) is currently considered Possible Value Trap. The stock's GF Value™ is $13.76, compared to a current price of $8.63 — trading 37.3% below its estimated fair value. The current PB Ratio is 1.12, which is 36% below median its 10-year median of 1.76 and 37.4% below the Chemicals industry median of 1.79. Northern Technologies International's overall GF Score™ is 56/100 with 4 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 Northern Technologies International (NTIC), the current PB Ratio is 1.12 as of Jul. 06, 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 Northern Technologies International (NTIC) Overvalued in 2026?
Based on GuruFocus' analysis, Northern Technologies International stock appears to be undervalued.
The current stock price of $8.63 is trading 37.3% below its estimated GF Value™ of $13.76.
GuruFocus considers Northern Technologies International to be Possible Value Trap.
Key valuation signals for NTIC:
PB Ratio: 1.12 (36% below median its 10-year median of 1.76)
GF Value™: $13.76 vs. price of $8.63 (37.3% below fair value)
Industry Position: 37.4% below the Chemicals median (#495 of 1573)
No single metric tells the full story. See the NTIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Northern Technologies International Business Description
Northern Technologies International Corp is a United States-based firm that develops and markets proprietary, environmentally beneficial products and services world wide either directly or through a network of joint ventures, distributors, and agents. It operates through two segments, which include ZERUST products and services and Nature-Tec products. Its main business is providing corrosion prevention solutions that are marketed under the ZERUST brand. The company also sells a portfolio of bio-based and biodegradable (compostable) polymer resin compounds and finished products marketed under the Nature-Tec brand. The ZERUST brand generates a vast majority of the revenue for the company. The company generates the majority of its revenue in the United States.
56GF Score
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