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 (2026-07-05), Treasure ASA's share price is kr39.50. Treasure ASA's Book Value per Share for the quarter that ended in Jun. 2025 was kr38.59. Hence, Treasure ASA's PB Ratio of today is 1.02.
Warning Sign:
Treasure ASA stock PB Ratio (=0.99) is close to 10-year high of 1.07.
The historical rank and industry rank for Treasure ASA's PB Ratio or its related term are showing as below:
OSL:TRE'
s PB Ratio Range Over the Past 10 Years
Min: 0.29 Med: 0.62 Max: 1.07
Current: 0.99
During the past 9 years, Treasure ASA's highest PB Ratio was 1.07. The lowest was 0.29. And the median was 0.62.
OSL:TRE's PB Ratio is not ranked
in the Asset Management industry.
Industry Median: 0.96
vs OSL:TRE: 0.99
During the past 12 months, Treasure ASA's average Book Value Per Share Growth Rate was 9.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 6.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 5.10% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Treasure ASA was 9.40% per year. The lowest was -3.20% per year. And the median was 6.85% 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.
Treasure ASA PB Ratio Related Terms
Treasure ASA PB Ratio Historical Data
* Premium members only.
The historical data trend for Treasure 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 Asset Management subindustry, Treasure 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.
Treasure ASA PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Treasure ASA's PB Ratio distribution charts can be found below:
* The bar in red indicates where Treasure 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.
Treasure 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.
Treasure ASA (OSL:TRE) has a PB Ratio of 1.02 as of Jul. 05, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Treasure ASA and its competitors. This is 65% above median its historical median of 0.62. Over the past decade, Treasure ASA's PB Ratio has ranged from 0.29 to 1.07.
Is Treasure ASA's PB Ratio too high?
Treasure ASA's current PB Ratio of 1.02 is 65% above median its 10-year median of 0.62. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 1.07. The Asset Management industry median PB Ratio is 0.96. Treasure ASA's value of 1.02 is 6.3% above this industry median. Overall, Treasure ASA has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Treasure ASA's PB Ratio compare to BLK and BX?
Treasure ASA's PB Ratio of 1.02 can be compared against companies in the Asset Management industry. The industry median PB Ratio is 0.96. Treasure ASA's value of 1.02 is 6.3% above this benchmark. Historically, Treasure ASA's own PB Ratio has ranged from 0.29 to 1.07 over the past decade. While the company's 10-year median is 0.62 vs. the industry median of 0.96, Treasure 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 Asset Management company?
The median PB Ratio among Asset Management companies is 0.96, based on 1,602 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. Treasure ASA's current PB Ratio of 1.02 is 6.3% 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 Treasure ASA and its competitors. For the Asset Management industry, the median PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Treasure ASA's current PB Ratio is 1.02, which is 65% above median its own 10-year median of 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Treasure ASA stock overvalued right now?
Treasure ASA (OSL:TRE) has a current PB Ratio of 1.02. The current PB Ratio is 1.02, which is 65% above median its 10-year median of 0.62 and 6.3% above the Asset Management industry median of 0.96. Treasure ASA's overall GF Score™ is 19/100 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 Treasure ASA (OSL:TRE), the current PB Ratio is 1.02 as of Jul. 05, 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.
Treasure ASA operates in the maritime and offshore logistics sectors. The group operates through three main segments: Maritime Services, New Energy, and Strategic Holdings and Investments. The main activities of the Maritime Services segment are the provision of products and services for the merchant fleet. This includes offerings such as marine chemicals, gases, ropes, welding, speciality lubricants, cleaning equipment, refrigeration equipment, and various maritime solutions. The main activities of the New Energy segment are the operation of supply bases for the offshore industry, and investments in infrastructure, logistics, offshore wind, remote solutions, and digital innovation. It generates majority of revenue from the Maritime Services segment.
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