Haugesund Sparebank ASAOSL:HGSB -0.20%2 PB Ratio is 0.29 as of Jul. 02, 2026, which is 53% above its 10-year median of 0.19. GuruFocus rates OSL:HGSB with a GF Score™ of 2/100. The stock has 4 warning signs investors should review. Among 1,517 Banks companies, Haugesund Sparebank ASA ranks better than 96.44% on this metric.
The historical rank and industry rank for Haugesund Sparebank ASA's PB Ratio or its related term are showing as below:
OSL:HGSB'
s PB Ratio Range Over the Past 10 Years
Min: 0.15 Med: 0.19 Max: 0.35
Current: 0.29
During the past 5 years, Haugesund Sparebank ASA's highest PB Ratio was 0.35. The lowest was 0.15. And the median was 0.19.
OSL:HGSB's PB Ratio is ranked better than 96.44% of 1517
companies
in the Banks industry
Industry Median: 1.1
vs OSL:HGSB: 0.29
During the past 12 months, Haugesund Sparebank ASA's average Book Value Per Share Growth Rate was -44.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -12.80% per year.
During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Haugesund Sparebank ASA was 8.10% per year. The lowest was -12.80% per year. And the median was -2.35% per year.
Back to Basics: PB Ratio
Haugesund Sparebank ASA (OSL:HGSB) 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.
* 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.
Haugesund Sparebank ASA PB Ratio Competitor Comparison
For the Banks - Regional subindustry, Haugesund Sparebank ASA'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.
Haugesund Sparebank ASA PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Haugesund Sparebank ASA's PB Ratio distribution charts can be found below:
* The bar in red indicates where Haugesund Sparebank ASA'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.
* 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.
Haugesund Sparebank ASA (OSL:HGSB) has a PB Ratio of 0.29 as of Jul. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Haugesund Sparebank ASA and its competitors. This is 53% above median its historical median of 0.19. Over the past decade, Haugesund Sparebank ASA's PB Ratio has ranged from 0.15 to 0.35. According to the industry distribution chart, Haugesund Sparebank ASA ranks #54 out of 1517 companies in the Banks industry, placing it in the top 3.6%.
Is Haugesund Sparebank ASA's PB Ratio too high?
Haugesund Sparebank ASA's current PB Ratio of 0.29 is 53% above median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.35. The Banks industry median PB Ratio is 1.10. Haugesund Sparebank ASA's value of 0.29 is 73.6% below this industry median. Based on the distribution chart, Haugesund Sparebank ASA ranks #54 out of 1517 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Haugesund Sparebank ASA has a GF Score™ of 2/100, reflecting its overall financial health beyond just this single metric.
How does Haugesund Sparebank ASA's PB Ratio compare to competitors?
According to the Banks industry distribution chart, Haugesund Sparebank ASA ranks #54 out of 1517 companies for PB Ratio. This places Haugesund Sparebank ASA in the top 4% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.10. Haugesund Sparebank ASA's value of 0.29 is 73.6% below this benchmark. Historically, Haugesund Sparebank ASA's own PB Ratio has ranged from 0.15 to 0.35 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 1.10, Haugesund Sparebank ASA 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 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. Haugesund Sparebank ASA's current PB Ratio of 0.29 is 73.6% 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 Haugesund Sparebank ASA 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. Haugesund Sparebank ASA's current PB Ratio is 0.29, which is 53% above median its own 10-year median of 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Haugesund Sparebank ASA stock overvalued right now?
Haugesund Sparebank ASA (OSL:HGSB) has a current PB Ratio of 0.29. The current PB Ratio is 0.29, which is 53% above median its 10-year median of 0.19 and 73.6% below the Banks industry median of 1.10. Haugesund Sparebank ASA's overall GF Score™ is 2/100 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 Haugesund Sparebank ASA (OSL:HGSB), the current PB Ratio is 0.29 as of Jul. 02, 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.
Haugesund Sparebank ASA is a local and independent savings bank in Norway with core business in banking. It also has strategic investments in product companies within insurance, leasing and securities trading.
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