Ocean Sun ASOSL:OSUN +5.38%62 PB Ratio is 2.51 as of Jun. 24, 2026, which is 49% below its 10-year median of 4.92. GuruFocus rates OSL:OSUN with a GF Score™ of 62/100 and a GF Value™ of kr1.22 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 430 Utilities - Independent Power Producers companies, Ocean Sun AS ranks worse than 69.77% 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 (2026-06-24), Ocean Sun AS's share price is kr0.548. Ocean Sun AS's Book Value per Share for the quarter that ended in Mar. 2026 was kr0.22. Hence, Ocean Sun AS's PB Ratio of today is 2.51.
Good Sign:
Ocean Sun AS stock PB Ratio (=2.48) is close to 1-year low of 2.31.
The historical rank and industry rank for Ocean Sun AS's PB Ratio or its related term are showing as below:
OSL:OSUN'
s PB Ratio Range Over the Past 10 Years
Min: 1.83 Med: 4.92 Max: 25.89
Current: 2.39
During the past 9 years, Ocean Sun AS's highest PB Ratio was 25.89. The lowest was 1.83. And the median was 4.92.
During the past 12 months, Ocean Sun AS's average Book Value Per Share Growth Rate was -57.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -37.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -30.70% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Ocean Sun AS was 162.40% per year. The lowest was -37.40% per year. And the median was 11.45% 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.
Ocean Sun AS PB Ratio Related Terms
Ocean Sun AS PB Ratio Historical Data
* Premium members only.
The historical data trend for Ocean Sun 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.
For the Utilities - Renewable subindustry, Ocean Sun 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.
Ocean Sun AS PB Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Ocean Sun AS's PB Ratio distribution charts can be found below:
* The bar in red indicates where Ocean Sun 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.
Ocean Sun AS'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.
Ocean Sun AS (OSL:OSUN) has a PB Ratio of 2.51 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Ocean Sun AS and its competitors. This is 49% below median its historical median of 4.92. Over the past decade, Ocean Sun AS's PB Ratio has ranged from 1.83 to 25.89. According to the industry distribution chart, Ocean Sun AS ranks #300 out of 430 companies in the Utilities - Independent Power Producers industry, placing it in the top 69.8%.
Is Ocean Sun AS's PB Ratio too high?
Ocean Sun AS's current PB Ratio of 2.51 is 49% below median its 10-year median of 4.92. Over the past 10 years, this metric has ranged from a low of 1.83 to a high of 25.89. The Utilities - Independent Power Producers industry median PB Ratio is 1.36. Ocean Sun AS's value of 2.51 is 84.6% above this industry median. Based on the distribution chart, Ocean Sun AS ranks #300 out of 430 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Ocean Sun AS has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ocean Sun AS's PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Ocean Sun AS ranks #300 out of 430 companies for PB Ratio. This places Ocean Sun AS in the lower half of its industry. The industry median PB Ratio is 1.36. Ocean Sun AS's value of 2.51 is 84.6% above this benchmark. Historically, Ocean Sun AS's own PB Ratio has ranged from 1.83 to 25.89 over the past decade. While the company's 10-year median is 4.92 vs. the industry median of 1.36, Ocean Sun 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 an Utilities - Independent Power Producers company?
The median PB Ratio among Utilities - Independent Power Producers companies is 1.36, based on 430 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. Ocean Sun AS's current PB Ratio of 2.51 is 84.6% 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 Ocean Sun AS and its competitors. For the Utilities - Independent Power Producers industry, the median PB Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ocean Sun AS's current PB Ratio is 2.51, which is 49% below median its own 10-year median of 4.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean Sun AS stock overvalued right now?
Based on GuruFocus' analysis, Ocean Sun AS (OSL:OSUN) is currently considered Possible Value Trap. The stock's GF Value™ is kr1.22, compared to a current price of kr0.55 — trading 55.1% below its estimated fair value. The current PB Ratio is 2.51, which is 49% below median its 10-year median of 4.92 and 84.6% above the Utilities - Independent Power Producers industry median of 1.36. Ocean Sun AS's overall GF Score™ is 62/100 with 5 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 Ocean Sun AS (OSL:OSUN), the current PB Ratio is 2.51 as of Jun. 24, 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 Ocean Sun AS (OSL:OSUN) Overvalued in 2026?
Based on GuruFocus' analysis, Ocean Sun AS stock appears to be undervalued.
The current stock price of kr0.55 is trading 55.1% below its estimated GF Value™ of kr1.22.
GuruFocus considers Ocean Sun AS to be Possible Value Trap.
Key valuation signals for OSL:OSUN:
PB Ratio: 2.51 (49% below median its 10-year median of 4.92)
GF Value™: kr1.22 vs. price of kr0.55 (55.1% below fair value)
Industry Position: 84.6% above the Utilities - Independent Power Producers median (#300 of 430)
No single metric tells the full story. See the OSL:OSUN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ocean Sun AS manufactures and distributes floating solar power production systems. The company operates as a technology provider, offering license agreements to developers and independent power producers across the world. Its Ocean Sun systems (OS-75 and OS-50) consist of one or multiple floaters anchored side-by-side to build larger power plants. The company's technology is used in various floating solar power production projects, including Alida, Siera Brava, Haiyang (offshore), and Soneva Secret, among others. Geographically, it generates maximum revenue from Europe and Middle East, followed by North East Asia (including China), South East Asia, and the Americas.
62GF Score
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