NTG Nordic Transport Group AS (OCSE:NTG) PB Ratio: 3.34 (As of Jul. 14, 2026) — 46% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

OCSE:NTG NTG Nordic Transport Group AS OCSE:NTG
85 GF Score
Price kr239.50
GF Value kr349.53
Valuation Significantly Undervalued
! 7 Warning Signs
View Full Analysis

What is NTG Nordic Transport Group AS PB Ratio?

NTG Nordic Transport Group AS OCSE:NTG +0.42% 85 PB Ratio is 3.34 as of Jul. 14, 2026, which is 46% below its 10-year median of 6.14. GuruFocus rates OCSE:NTG with a GF Score™ of 85/100 and a GF Value™ of kr349.53 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 964 Transportation companies, NTG Nordic Transport Group AS ranks worse than 85.37% 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 (2026-07-14), NTG Nordic Transport Group AS's share price is kr239.50. NTG Nordic Transport Group AS's Book Value per Share for the quarter that ended in Mar. 2026 was kr71.80. Hence, NTG Nordic Transport Group AS's PB Ratio of today is 3.34.

Warning Sign:

NTG Nordic Transport Group AS stock PB Ratio (=3.32) is close to 1-year high of 3.32.

The historical rank and industry rank for NTG Nordic Transport Group AS's PB Ratio or its related term are showing as below:

OCSE:NTG' s PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 6.14   Max: 26
Current: 3.33

During the past 13 years, NTG Nordic Transport Group AS's highest PB Ratio was 26.00. The lowest was 0.62. And the median was 6.14.

OCSE:NTG's PB Ratio is ranked worse than
85.37% of 964 companies
in the Transportation industry
Industry Median: 1.26 vs OCSE:NTG: 3.33

During the past 12 months, NTG Nordic Transport Group AS's average Book Value Per Share Growth Rate was 12.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 16.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 34.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of NTG Nordic Transport Group AS was 60.40% per year. The lowest was -59.10% per year. And the median was -1.90% per year.

Back to Basics: PB Ratio


NTG Nordic Transport Group AS  (OCSE:NTG) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


NTG Nordic Transport Group AS PB Ratio Related Terms


NTG Nordic Transport Group AS PB Ratio Historical Data

* Premium members only.

The historical data trend for NTG Nordic Transport Group 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.

NTG Nordic Transport Group AS PB Ratio Chart

NTG Nordic Transport Group AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.18 5.39 6.13 4.35 2.71

NTG Nordic Transport Group AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.11 2.95 2.85 2.71 2.23

OCSE:NTG vs UPS, FDX, JBHT: PB Ratio Comparison

For the Integrated Freight & Logistics subindustry, NTG Nordic Transport Group 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.


NTG Nordic Transport Group AS PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, NTG Nordic Transport Group AS's PB Ratio distribution charts can be found below:

* The bar in red indicates where NTG Nordic Transport Group AS's PB Ratio falls into.


OCSE:NTG
85GF Score
NTG Nordic Transport Group AS OCSE:NTG
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NTG Nordic Transport Group AS 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.

NTG Nordic Transport Group AS's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=239.50/71.797
=3.34

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 3.34 mean?
NTG Nordic Transport Group AS (OCSE:NTG) has a PB Ratio of 3.34 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on NTG Nordic Transport Group AS and its competitors. This is 46% below median its historical median of 6.14. Over the past decade, NTG Nordic Transport Group AS's PB Ratio has ranged from 0.62 to 26.00. According to the industry distribution chart, NTG Nordic Transport Group AS ranks #823 out of 964 companies in the Transportation industry, placing it in the top 85.4%.
Is NTG Nordic Transport Group AS's PB Ratio too high?
NTG Nordic Transport Group AS's current PB Ratio of 3.34 is 46% below median its 10-year median of 6.14. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 26.00. The Transportation industry median PB Ratio is 1.26. NTG Nordic Transport Group AS's value of 3.34 is 165.1% above this industry median. Based on the distribution chart, NTG Nordic Transport Group AS ranks #823 out of 964 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, NTG Nordic Transport Group AS has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NTG Nordic Transport Group AS's PB Ratio compare to UPS and FDX?
According to the Transportation industry distribution chart, NTG Nordic Transport Group AS ranks #823 out of 964 companies for PB Ratio. This places NTG Nordic Transport Group AS in the lower half of its industry. The industry median PB Ratio is 1.26. NTG Nordic Transport Group AS's value of 3.34 is 165.1% above this benchmark. Historically, NTG Nordic Transport Group AS's own PB Ratio has ranged from 0.62 to 26.00 over the past decade. While the company's 10-year median is 6.14 vs. the industry median of 1.26, NTG Nordic Transport Group 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 a Transportation company?
The median PB Ratio among Transportation companies is 1.26, based on 964 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. NTG Nordic Transport Group AS's current PB Ratio of 3.34 is 165.1% 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 NTG Nordic Transport Group AS and its competitors. For the Transportation industry, the median PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NTG Nordic Transport Group AS's current PB Ratio is 3.34, which is 46% below median its own 10-year median of 6.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTG Nordic Transport Group AS stock overvalued right now?
Based on GuruFocus' analysis, NTG Nordic Transport Group AS (OCSE:NTG) is currently considered Significantly Undervalued. The stock's GF Value™ is kr349.53, compared to a current price of kr239.50 — trading 31.5% below its estimated fair value. The current PB Ratio is 3.34, which is 46% below median its 10-year median of 6.14 and 165.1% above the Transportation industry median of 1.26. NTG Nordic Transport Group AS's overall GF Score™ is 85/100 with 7 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 NTG Nordic Transport Group AS (OCSE:NTG), the current PB Ratio is 3.34 as of Jul. 14, 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 NTG Nordic Transport Group AS (OCSE:NTG) Overvalued in 2026?

Based on GuruFocus' analysis, NTG Nordic Transport Group AS stock appears to be undervalued. The current stock price of kr239.50 is trading 31.5% below its estimated GF Value™ of kr349.53. GuruFocus considers NTG Nordic Transport Group AS to be Significantly Undervalued.

Key valuation signals for OCSE:NTG:

  • PB Ratio: 3.34 (46% below median its 10-year median of 6.14)
  • GF Value™: kr349.53 vs. price of kr239.50 (31.5% below fair value)
  • GF Score™: 85/100 with 7 warning signs
  • Industry Position: 165.1% above the Transportation median (#823 of 964)

No single metric tells the full story. See the OCSE:NTG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NTG Nordic Transport Group AS Business Description

Other Exchanges NRSA:Germany
Address Hammerholmen 47, Hvidovre, DNK, DK-2650
NTG Nordic Transport Group AS is a Denmark-based transport company. It offers the full range of freight forwarding services and end-to-end solutions within Air & Ocean and Road & Logistics, fueled by people power and technology. Business segments of the company include Road & Logistics and Air & Ocean. The majority of its revenue is earned through the Road & Logistics segment, which provides transport and warehousing solutions with a geographical focus on Europe. Geographically, the revenues are earned in Denmark, Sweden, the USA, Germany, Finland, and other countries, with key revenue derived from Denmark.
85GF Score

Get the complete analysis for OCSE:NTG

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr239.50
Price
kr349.53
GF Value