Sparebanken MoreOSL:MORG -0.65%68 PB Ratio is 0.57 as of Jun. 25, 2026, which is 24% above its 10-year median of 0.46. GuruFocus rates OSL:MORG with a GF Score™ of 68/100 and a GF Value™ of kr96.18 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,515 Banks companies, Sparebanken More ranks better than 85.08% 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 (2026-06-25), Sparebanken More's share price is kr110.28. Sparebanken More's Book Value per Share for the quarter that ended in Mar. 2026 was kr193.41. Hence, Sparebanken More's PB Ratio of today is 0.57.
Warning Sign:
Sparebanken More stock PB Ratio (=0.57) is close to 10-year high of 0.63.
The historical rank and industry rank for Sparebanken More's PB Ratio or its related term are showing as below:
OSL:MORG'
s PB Ratio Range Over the Past 10 Years
Min: 0.34 Med: 0.46 Max: 0.63
Current: 0.58
During the past 13 years, Sparebanken More's highest PB Ratio was 0.63. The lowest was 0.34. And the median was 0.46.
OSL:MORG's PB Ratio is ranked better than 85.08% of 1515
companies
in the Banks industry
Industry Median: 1.08
vs OSL:MORG: 0.58
During the past 12 months, Sparebanken More's average Book Value Per Share Growth Rate was 3.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 5.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 6.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Sparebanken More was 33.40% per year. The lowest was -3.10% per year. And the median was 5.85% 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.
Sparebanken More PB Ratio Related Terms
Sparebanken More PB Ratio Historical Data
* Premium members only.
The historical data trend for Sparebanken More'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, Sparebanken More'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.
Sparebanken More PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Sparebanken More's PB Ratio distribution charts can be found below:
* The bar in red indicates where Sparebanken More'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.
Sparebanken More (OSL:MORG) has a PB Ratio of 0.57 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Sparebanken More and its competitors. This is 24% above median its historical median of 0.46. Over the past decade, Sparebanken More's PB Ratio has ranged from 0.34 to 0.63. According to the industry distribution chart, Sparebanken More ranks #226 out of 1515 companies in the Banks industry, placing it in the top 14.9%.
Is Sparebanken More's PB Ratio too high?
Sparebanken More's current PB Ratio of 0.57 is 24% above median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 0.63. The Banks industry median PB Ratio is 1.08. Sparebanken More's value of 0.57 is 47.2% below this industry median. Based on the distribution chart, Sparebanken More ranks #226 out of 1515 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Sparebanken More has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sparebanken More's PB Ratio compare to competitors?
According to the Banks industry distribution chart, Sparebanken More ranks #226 out of 1515 companies for PB Ratio. This places Sparebanken More in the top 15% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.08. Sparebanken More's value of 0.57 is 47.2% below this benchmark. Historically, Sparebanken More's own PB Ratio has ranged from 0.34 to 0.63 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 1.08, Sparebanken More 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 1.08, based on 1,515 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. Sparebanken More's current PB Ratio of 0.57 is 47.2% 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 Sparebanken More and its competitors. For the Banks industry, the median PB Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sparebanken More's current PB Ratio is 0.57, which is 24% above median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sparebanken More stock overvalued right now?
Based on GuruFocus' analysis, Sparebanken More (OSL:MORG) is currently considered Modestly Overvalued. The stock's GF Value™ is kr96.18, compared to a current price of kr110.28 — trading 14.7% above its estimated fair value. The current PB Ratio is 0.57, which is 24% above median its 10-year median of 0.46 and 47.2% below the Banks industry median of 1.08. Sparebanken More's overall GF Score™ is 68/100 with 8 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 Sparebanken More (OSL:MORG), the current PB Ratio is 0.57 as of Jun. 25, 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 Sparebanken More (OSL:MORG) Overvalued in 2026?
Based on GuruFocus' analysis, Sparebanken More stock appears to be overvalued.
The current stock price of kr110.28 is trading 14.7% above its estimated GF Value™ of kr96.18.
GuruFocus considers Sparebanken More to be Modestly Overvalued.
Key valuation signals for OSL:MORG:
PB Ratio: 0.57 (24% above median its 10-year median of 0.46)
GF Value™: kr96.18 vs. price of kr110.28 (14.7% above fair value)
Industry Position: 47.2% below the Banks median (#226 of 1515)
No single metric tells the full story. See the OSL:MORG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sparebanken Møre is a Norway-based banking corporation. It engaged in providing retail and commercial banking services to its customers. Products and services provided by the company include deposits, savings accounts, asset management, financial advisory services, payment transfers, foreign exchange and interest trading, insurance, and real estate brokerage. In addition, the company also provides real estate brokerage services for both residential homes and commercial properties. It mainly concentrates on maritime, offshore and supply, real estate, trade, and services, as well as the insurance industries. It firm manages its business into three segments: Corporate, Retail, and Real Estate brokerage. The revenue of the company comprises interest, fees, commission, and other income.
68GF Score
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