Norbit ASAOSL:NORBT +1.77%100 PB Ratio is 8.39 as of Jul. 02, 2026, which is 128% above its 10-year median of 3.68. GuruFocus rates OSL:NORBT with a GF Score™ of 100/100 and a GF Value™ of kr160.52 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,416 Hardware companies, Norbit ASA ranks worse than 85.47% 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 (2026-07-02), Norbit ASA's share price is kr172.20. Norbit ASA's Book Value per Share for the quarter that ended in Mar. 2026 was kr20.51. Hence, Norbit ASA's PB Ratio of today is 8.39.
Good Sign:
Norbit ASA stock PB Ratio (=7.95) is close to 1-year low of 7.95.
The historical rank and industry rank for Norbit ASA's PB Ratio or its related term are showing as below:
OSL:NORBT'
s PB Ratio Range Over the Past 10 Years
Min: 1.74 Med: 3.68 Max: 11.92
Current: 8.4
During the past 11 years, Norbit ASA's highest PB Ratio was 11.92. The lowest was 1.74. And the median was 3.68.
OSL:NORBT's PB Ratio is ranked worse than 85.47% of 2416
companies
in the Hardware industry
Industry Median: 2.395
vs OSL:NORBT: 8.40
During the past 12 months, Norbit ASA's average Book Value Per Share Growth Rate was 5.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 23.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 22.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 37.50% per year.
During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Norbit ASA was 103.00% per year. The lowest was 9.30% per year. And the median was 32.15% 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.
Norbit ASA PB Ratio Related Terms
Norbit ASA PB Ratio Historical Data
* Premium members only.
The historical data trend for Norbit ASA'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.
OSL:NORBT vs COHR, KEYS, GRMN: PB Ratio Comparison
For the Scientific & Technical Instruments subindustry, Norbit 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.
Norbit ASA PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Norbit ASA's PB Ratio distribution charts can be found below:
* The bar in red indicates where Norbit 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.
Norbit ASA's PB Ratio for today is calculated as follows:
* 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.
Norbit ASA (OSL:NORBT) has a PB Ratio of 8.39 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 Norbit ASA and its competitors. This is 128% above median its historical median of 3.68. Over the past decade, Norbit ASA's PB Ratio has ranged from 1.74 to 11.92. According to the industry distribution chart, Norbit ASA ranks #2065 out of 2416 companies in the Hardware industry, placing it in the top 85.5%.
Is Norbit ASA's PB Ratio too high?
Norbit ASA's current PB Ratio of 8.39 is 128% above median its 10-year median of 3.68. Over the past 10 years, this metric has ranged from a low of 1.74 to a high of 11.92. The Hardware industry median PB Ratio is 2.40. Norbit ASA's value of 8.39 is 250.3% above this industry median. Based on the distribution chart, Norbit ASA ranks #2065 out of 2416 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Norbit ASA has a GF Score™ of 100/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Norbit ASA's PB Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Norbit ASA ranks #2065 out of 2416 companies for PB Ratio. This places Norbit ASA in the lower half of its industry. The industry median PB Ratio is 2.40. Norbit ASA's value of 8.39 is 250.3% above this benchmark. Historically, Norbit ASA's own PB Ratio has ranged from 1.74 to 11.92 over the past decade. While the company's 10-year median is 3.68 vs. the industry median of 2.40, Norbit ASA 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 Hardware company?
The median PB Ratio among Hardware companies is 2.40, based on 2,416 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. Norbit ASA's current PB Ratio of 8.39 is 250.3% 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 Norbit ASA and its competitors. For the Hardware industry, the median PB Ratio is 2.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norbit ASA's current PB Ratio is 8.39, which is 128% above median its own 10-year median of 3.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norbit ASA stock overvalued right now?
Based on GuruFocus' analysis, Norbit ASA (OSL:NORBT) is currently considered Fairly Valued. The stock's GF Value™ is kr160.52, compared to a current price of kr172.20 — trading 7.3% above its estimated fair value. The current PB Ratio is 8.39, which is 128% above median its 10-year median of 3.68 and 250.3% above the Hardware industry median of 2.40. Norbit ASA's overall GF Score™ is 100/100 with 1 warning sign 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 Norbit ASA (OSL:NORBT), the current PB Ratio is 8.39 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.
Is Norbit ASA (OSL:NORBT) Overvalued in 2026?
Based on GuruFocus' analysis, Norbit ASA stock appears to be overvalued.
The current stock price of kr172.20 is trading 7.3% above its estimated GF Value™ of kr160.52.
GuruFocus considers Norbit ASA to be Fairly Valued.
Key valuation signals for OSL:NORBT:
PB Ratio: 8.39 (128% above median its 10-year median of 3.68)
GF Value™: kr160.52 vs. price of kr172.20 (7.3% above fair value)
Industry Position: 250.3% above the Hardware median (#2065 of 2416)
No single metric tells the full story. See the OSL:NORBT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norbit ASA is a provider of tailored technology to selected applications by solving challenges through solutions. It is organised in three operating segments: Oceans, Connectivity and Product, Innovation & Realization (PIR). The Oceans segment delivers tailored technology solutions to the maritime markets, the Connectivity segment supplier of secure wireless technology for industrial and mission-critical applications - ranging from transportation infrastructure to navigation and defence-related environments, and the Product, Innovation & Realization (PIR) segment provides R&D products and services and contract manufacturing to key customers. The majority of the company's revenue is derived from the PIR segment.
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