Reach Subsea ASAOSL:REACH -1.19%81 PB Ratio is 1.58 as of Jun. 27, 2026, which is 2% below its 10-year median of 1.62. GuruFocus rates OSL:REACH with a GF Score™ of 81/100 and a GF Value™ of kr6.36 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 923 Oil & Gas companies, Reach Subsea ASA ranks worse than 56.34% 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 (2026-06-27), Reach Subsea ASA's share price is kr5.00. Reach Subsea ASA's Book Value per Share for the quarter that ended in Mar. 2026 was kr3.16. Hence, Reach Subsea ASA's PB Ratio of today is 1.58.
Good Sign:
Reach Subsea ASA stock PB Ratio (=1.58) is close to 2-year low of 1.55.
The historical rank and industry rank for Reach Subsea ASA's PB Ratio or its related term are showing as below:
OSL:REACH'
s PB Ratio Range Over the Past 10 Years
Min: 0.74 Med: 1.62 Max: 2.74
Current: 1.58
During the past 13 years, Reach Subsea ASA's highest PB Ratio was 2.74. The lowest was 0.74. And the median was 1.62.
OSL:REACH's PB Ratio is ranked worse than 56.34% of 923
companies
in the Oil & Gas industry
Industry Median: 1.39
vs OSL:REACH: 1.58
During the past 12 months, Reach Subsea ASA's average Book Value Per Share Growth Rate was -20.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 13.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 22.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 9.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Reach Subsea ASA was 90.10% per year. The lowest was -94.20% per year. And the median was 1.70% 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.
Reach Subsea ASA PB Ratio Related Terms
Reach Subsea ASA PB Ratio Historical Data
* Premium members only.
The historical data trend for Reach Subsea 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.
For the Oil & Gas Equipment & Services subindustry, Reach Subsea 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.
Reach Subsea ASA PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Reach Subsea ASA's PB Ratio distribution charts can be found below:
* The bar in red indicates where Reach Subsea 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.
Reach Subsea ASA (OSL:REACH) has a PB Ratio of 1.58 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Reach Subsea ASA and its competitors. This is near median its historical median of 1.62. Over the past decade, Reach Subsea ASA's PB Ratio has ranged from 0.74 to 2.74. According to the industry distribution chart, Reach Subsea ASA ranks #520 out of 923 companies in the Oil & Gas industry, placing it in the top 56.3%.
Is Reach Subsea ASA's PB Ratio too high?
Reach Subsea ASA's current PB Ratio of 1.58 is near median its 10-year median of 1.62. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 2.74. The Oil & Gas industry median PB Ratio is 1.39. Reach Subsea ASA's value of 1.58 is 13.7% above this industry median. Based on the distribution chart, Reach Subsea ASA ranks #520 out of 923 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Reach Subsea ASA has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Reach Subsea ASA's PB Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Reach Subsea ASA ranks #520 out of 923 companies for PB Ratio. This places Reach Subsea ASA in the lower half of its industry. The industry median PB Ratio is 1.39. Reach Subsea ASA's value of 1.58 is 13.7% above this benchmark. Historically, Reach Subsea ASA's own PB Ratio has ranged from 0.74 to 2.74 over the past decade. While the company's 10-year median is 1.62 vs. the industry median of 1.39, Reach Subsea 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 an Oil & Gas company?
The median PB Ratio among Oil & Gas companies is 1.39, based on 923 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. Reach Subsea ASA's current PB Ratio of 1.58 is 13.7% 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 Reach Subsea ASA and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reach Subsea ASA's current PB Ratio is 1.58, which is near median its own 10-year median of 1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reach Subsea ASA stock overvalued right now?
Based on GuruFocus' analysis, Reach Subsea ASA (OSL:REACH) is currently considered Modestly Undervalued. The stock's GF Value™ is kr6.36, compared to a current price of kr5.00 — trading 21.4% below its estimated fair value. The current PB Ratio is 1.58, which is near median its 10-year median of 1.62 and 13.7% above the Oil & Gas industry median of 1.39. Reach Subsea ASA's overall GF Score™ is 81/100 with 7 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 Reach Subsea ASA (OSL:REACH), the current PB Ratio is 1.58 as of Jun. 27, 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 Reach Subsea ASA (OSL:REACH) Overvalued in 2026?
Based on GuruFocus' analysis, Reach Subsea ASA stock appears to be undervalued.
The current stock price of kr5.00 is trading 21.4% below its estimated GF Value™ of kr6.36.
GuruFocus considers Reach Subsea ASA to be Modestly Undervalued.
Key valuation signals for OSL:REACH:
PB Ratio: 1.58 (near median its 10-year median of 1.62)
GF Value™: kr6.36 vs. price of kr5.00 (21.4% below fair value)
Industry Position: 13.7% above the Oil & Gas median (#520 of 923)
No single metric tells the full story. See the OSL:REACH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Reach Subsea ASA is a Norwegian subsea service provider. The services provided by the company include vessel fleet which comprises of edda fonn which is used for survey and light construction services, havila subsea, normand reach for complex offshore operations, viking neptun for cable installation and heavy lifting, and stril explorer. It two reportable segments namely Oil and Gas and Renewable and others. The company generates maximum revenue from the Oil and Gas segment. Geographically, the company has operated multiple regions, including Brazil, the U.S Gulf, the Caribbean, the Atlantic, the Mediterranean, West Africa including Ivory Coast, the Baltic, the Middle East, and the Asia-Pacific region, covering Singapore, Taiwan, Japan, Australia and Oceania.
81GF Score
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