Nordic Aqua Partners ASOSL:NOAP +0.77%25 PB Ratio is 1.60 as of Jun. 26, 2026, which is 1% above its 10-year median of 1.59. GuruFocus rates OSL:NOAP with a GF Score™ of 25/100. The stock has 3 warning signs investors should review. Among 1,896 Consumer Packaged Goods companies, Nordic Aqua Partners AS ranks worse than 58.18% on this metric.
Nordic Aqua Partners AS stock PB Ratio (=1.6) is close to 2-year low of 1.51.
The historical rank and industry rank for Nordic Aqua Partners AS's PB Ratio or its related term are showing as below:
OSL:NOAP'
s PB Ratio Range Over the Past 10 Years
Min: 1.1 Med: 1.59 Max: 3.09
Current: 1.61
During the past 9 years, Nordic Aqua Partners AS's highest PB Ratio was 3.09. The lowest was 1.10. And the median was 1.59.
OSL:NOAP's PB Ratio is ranked worse than 58.18% of 1896
companies
in the Consumer Packaged Goods industry
Industry Median: 1.33
vs OSL:NOAP: 1.61
During the past 12 months, Nordic Aqua Partners AS's average Book Value Per Share Growth Rate was 10.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -1.80% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Nordic Aqua Partners AS was 656.70% per year. The lowest was -3.30% per year. And the median was 103.55% per year.
Back to Basics: PB Ratio
Nordic Aqua Partners AS (OSL:NOAP) 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.
For the Farm Products subindustry, Nordic Aqua Partners 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.
Nordic Aqua Partners AS PB Ratio vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Nordic Aqua Partners AS's PB Ratio distribution charts can be found below:
* The bar in red indicates where Nordic Aqua Partners 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.
* 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.
Nordic Aqua Partners AS (OSL:NOAP) has a PB Ratio of 1.60 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Nordic Aqua Partners AS and its competitors. This is near median its historical median of 1.59. Over the past decade, Nordic Aqua Partners AS's PB Ratio has ranged from 1.10 to 3.09. According to the industry distribution chart, Nordic Aqua Partners AS ranks #1103 out of 1896 companies in the Consumer Packaged Goods industry, placing it in the top 58.2%.
Is Nordic Aqua Partners AS's PB Ratio too high?
Nordic Aqua Partners AS's current PB Ratio of 1.60 is near median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 1.10 to a high of 3.09. The Consumer Packaged Goods industry median PB Ratio is 1.33. Nordic Aqua Partners AS's value of 1.60 is 20.3% above this industry median. Based on the distribution chart, Nordic Aqua Partners AS ranks #1103 out of 1896 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Nordic Aqua Partners AS has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Nordic Aqua Partners AS's PB Ratio compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Nordic Aqua Partners AS ranks #1103 out of 1896 companies for PB Ratio. This places Nordic Aqua Partners AS in the lower half of its industry. The industry median PB Ratio is 1.33. Nordic Aqua Partners AS's value of 1.60 is 20.3% above this benchmark. Historically, Nordic Aqua Partners AS's own PB Ratio has ranged from 1.10 to 3.09 over the past decade. While the company's 10-year median is 1.59 vs. the industry median of 1.33, Nordic Aqua Partners 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 Consumer Packaged Goods company?
The median PB Ratio among Consumer Packaged Goods companies is 1.33, based on 1,896 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. Nordic Aqua Partners AS's current PB Ratio of 1.60 is 20.3% 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 Nordic Aqua Partners AS and its competitors. For the Consumer Packaged Goods industry, the median PB Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordic Aqua Partners AS's current PB Ratio is 1.60, which is near median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordic Aqua Partners AS stock overvalued right now?
Nordic Aqua Partners AS (OSL:NOAP) has a current PB Ratio of 1.60. The current PB Ratio is 1.60, which is near median its 10-year median of 1.59 and 20.3% above the Consumer Packaged Goods industry median of 1.33. Nordic Aqua Partners AS's overall GF Score™ is 25/100 with 3 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 Nordic Aqua Partners AS (OSL:NOAP), the current PB Ratio is 1.60 as of Jun. 26, 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.
Nordic Aqua Partners AS operates in the seafood industry. The company is a land-based Atlantic Salmon farming company, using technology and expertise to set up the first fully integrated and commercially scaled Recirculating Aquaculture System ("RAS") farm for Atlantic Salmon in China. The company's planning is to deliver fresh and locally farmed Atlantic Salmon to China.
25GF Score
Get the complete analysis for OSL:NOAP
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
OSL:NOAP has been successfully added to your 
