CodeMill ABOSTO:CDMIL 73 PB Ratio is 3.94 as of Jul. 02, 2026, which is 60% above its 10-year median of 2.46. GuruFocus rates OSTO:CDMIL with a GF Score™ of 73/100 and a GF Value™ of kr12.67 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,622 Software companies, CodeMill AB ranks worse than 70.37% 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), CodeMill AB's share price is kr14.85. CodeMill AB's Book Value per Share for the quarter that ended in Mar. 2026 was kr3.77. Hence, CodeMill AB's PB Ratio of today is 3.94.
Good Sign:
CodeMill AB stock PB Ratio (=3.97) is close to 1-year low of 3.75.
The historical rank and industry rank for CodeMill AB's PB Ratio or its related term are showing as below:
OSTO:CDMIL'
s PB Ratio Range Over the Past 10 Years
Min: 1.13 Med: 2.46 Max: 6.06
Current: 3.95
During the past 7 years, CodeMill AB's highest PB Ratio was 6.06. The lowest was 1.13. And the median was 2.46.
OSTO:CDMIL's PB Ratio is ranked worse than 70.37% of 2622
companies
in the Software industry
Industry Median: 2.37
vs OSTO:CDMIL: 3.95
During the past 12 months, CodeMill AB's average Book Value Per Share Growth Rate was -11.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.50% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of CodeMill AB was 21.40% per year. The lowest was -3.00% per year. And the median was 4.35% 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.
CodeMill AB PB Ratio Related Terms
CodeMill AB PB Ratio Historical Data
* Premium members only.
The historical data trend for CodeMill AB'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.
OSTO:CDMIL vs UBER, SHOP, CRM: PB Ratio Comparison
For the Software - Application subindustry, CodeMill AB'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.
CodeMill AB PB Ratio vs Software Industry
For the Software industry and Technology sector, CodeMill AB's PB Ratio distribution charts can be found below:
* The bar in red indicates where CodeMill AB'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.
CodeMill AB'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.
CodeMill AB (OSTO:CDMIL) has a PB Ratio of 3.94 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 CodeMill AB and its competitors. This is 60% above median its historical median of 2.46. Over the past decade, CodeMill AB's PB Ratio has ranged from 1.13 to 6.06. According to the industry distribution chart, CodeMill AB ranks #1845 out of 2622 companies in the Software industry, placing it in the top 70.4%.
Is CodeMill AB's PB Ratio too high?
CodeMill AB's current PB Ratio of 3.94 is 60% above median its 10-year median of 2.46. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 6.06. The Software industry median PB Ratio is 2.37. CodeMill AB's value of 3.94 is 66.2% above this industry median. Based on the distribution chart, CodeMill AB ranks #1845 out of 2622 companies in the Software industry, which is below the industry midpoint. Overall, CodeMill AB has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CodeMill AB's PB Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, CodeMill AB ranks #1845 out of 2622 companies for PB Ratio. This places CodeMill AB in the lower half of its industry. The industry median PB Ratio is 2.37. CodeMill AB's value of 3.94 is 66.2% above this benchmark. Historically, CodeMill AB's own PB Ratio has ranged from 1.13 to 6.06 over the past decade. While the company's 10-year median is 2.46 vs. the industry median of 2.37, CodeMill AB 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 Software company?
The median PB Ratio among Software companies is 2.37, based on 2,622 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. CodeMill AB's current PB Ratio of 3.94 is 66.2% 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 CodeMill AB and its competitors. For the Software industry, the median PB Ratio is 2.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CodeMill AB's current PB Ratio is 3.94, which is 60% above median its own 10-year median of 2.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CodeMill AB stock overvalued right now?
Based on GuruFocus' analysis, CodeMill AB (OSTO:CDMIL) is currently considered Modestly Overvalued. The stock's GF Value™ is kr12.67, compared to a current price of kr14.85 — trading 17.2% above its estimated fair value. The current PB Ratio is 3.94, which is 60% above median its 10-year median of 2.46 and 66.2% above the Software industry median of 2.37. CodeMill AB's overall GF Score™ is 73/100 with 4 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 CodeMill AB (OSTO:CDMIL), the current PB Ratio is 3.94 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 CodeMill AB (OSTO:CDMIL) Overvalued in 2026?
Based on GuruFocus' analysis, CodeMill AB stock appears to be overvalued.
The current stock price of kr14.85 is trading 17.2% above its estimated GF Value™ of kr12.67.
GuruFocus considers CodeMill AB to be Modestly Overvalued.
Key valuation signals for OSTO:CDMIL:
PB Ratio: 3.94 (60% above median its 10-year median of 2.46)
GF Value™: kr12.67 vs. price of kr14.85 (17.2% above fair value)
Industry Position: 66.2% above the Software median (#1845 of 2622)
No single metric tells the full story. See the OSTO:CDMIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CodeMill AB is a technology company that offers software development and technical services for video and media companies. The company's products include Accurate Player SDK, Accurate Video and Cantemo, as well as the product service, Digital Service, enable the streamlining of video and film production and distribution, from editing to archiving. Codemill has framework agreements with some of the world's key media companies such as Amazon Studios.
73GF Score
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