Freja eID Group AB (OSTO:FREJA) PB Ratio: 24.02 (As of Jul. 01, 2026) — 75% Above Median


OSTO:FREJA Freja eID Group AB OSTO:FREJA
68 GF Score
Price kr17.10
GF Value kr11.61
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Freja eID Group AB PB Ratio?

Freja eID Group AB OSTO:FREJA +0.88% 68 PB Ratio is 24.02 as of Jul. 01, 2026, which is 75% above its 10-year median of 13.74. GuruFocus rates OSTO:FREJA with a GF Score™ of 68/100 and a GF Value™ of kr11.61 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,618 Software companies, Freja eID Group AB ranks worse than 96.87% 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 (2026-07-01), Freja eID Group AB's share price is kr17.10. Freja eID Group AB's Book Value per Share for the quarter that ended in Mar. 2026 was kr0.71. Hence, Freja eID Group AB's PB Ratio of today is 24.02.

Warning Sign:

Freja eID Group AB stock PB Ratio (=22.96) is close to 1-year high of 23.81.

The historical rank and industry rank for Freja eID Group AB's PB Ratio or its related term are showing as below:

OSTO:FREJA' s PB Ratio Range Over the Past 10 Years
Min: 2.67   Med: 13.74   Max: 78.26
Current: 24.01

During the past 13 years, Freja eID Group AB's highest PB Ratio was 78.26. The lowest was 2.67. And the median was 13.74.

OSTO:FREJA's PB Ratio is ranked worse than
96.87% of 2618 companies
in the Software industry
Industry Median: 2.37 vs OSTO:FREJA: 24.01

During the past 3 years, the average Book Value Per Share Growth Rate was -12.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Freja eID Group AB was 70.70% per year. The lowest was -40.10% per year. And the median was 0.20% per year.

Back to Basics: PB Ratio


Freja eID Group AB  (OSTO:FREJA) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Freja eID Group AB PB Ratio Related Terms


Freja eID Group AB PB Ratio Historical Data

* Premium members only.

The historical data trend for Freja eID Group 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.

Freja eID Group AB PB Ratio Chart

Freja eID Group AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.37 3.32 11.18 0.00 20.13

Freja eID Group AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 14.78 15.05 20.13 21.21

OSTO:FREJA vs MSFT, ORCL, PLTR: PB Ratio Comparison

For the Software - Infrastructure subindustry, Freja eID Group 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.


Freja eID Group AB PB Ratio vs Software Industry

For the Software industry and Technology sector, Freja eID Group AB's PB Ratio distribution charts can be found below:

* The bar in red indicates where Freja eID Group AB's PB Ratio falls into.


OSTO:FREJA
68GF Score
Freja eID Group AB OSTO:FREJA
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Freja eID Group AB PB Ratio Calculation

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.

Freja eID Group AB's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=17.10/0.712
=24.02

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 24.02 mean?
Freja eID Group AB (OSTO:FREJA) has a PB Ratio of 24.02 as of Jul. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Freja eID Group AB and its competitors. This is 75% above median its historical median of 13.74. Over the past decade, Freja eID Group AB's PB Ratio has ranged from 2.67 to 78.26. According to the industry distribution chart, Freja eID Group AB ranks #2536 out of 2618 companies in the Software industry, placing it in the top 96.9%.
Is Freja eID Group AB's PB Ratio too high?
Freja eID Group AB's current PB Ratio of 24.02 is 75% above median its 10-year median of 13.74. Over the past 10 years, this metric has ranged from a low of 2.67 to a high of 78.26. The Software industry median PB Ratio is 2.37. Freja eID Group AB's value of 24.02 is 913.5% above this industry median. Based on the distribution chart, Freja eID Group AB ranks #2536 out of 2618 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Freja eID Group AB has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Freja eID Group AB's PB Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, Freja eID Group AB ranks #2536 out of 2618 companies for PB Ratio. This places Freja eID Group AB in the lower half of its industry. The industry median PB Ratio is 2.37. Freja eID Group AB's value of 24.02 is 913.5% above this benchmark. Historically, Freja eID Group AB's own PB Ratio has ranged from 2.67 to 78.26 over the past decade. While the company's 10-year median is 13.74 vs. the industry median of 2.37, Freja eID Group 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 2,618 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. Freja eID Group AB's current PB Ratio of 24.02 is 913.5% 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 Freja eID Group 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. Freja eID Group AB's current PB Ratio is 24.02, which is 75% above median its own 10-year median of 13.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Freja eID Group AB stock overvalued right now?
Based on GuruFocus' analysis, Freja eID Group AB (OSTO:FREJA) is currently considered Significantly Overvalued. The stock's GF Value™ is kr11.61, compared to a current price of kr17.10 — trading 47.3% above its estimated fair value. The current PB Ratio is 24.02, which is 75% above median its 10-year median of 13.74 and 913.5% above the Software industry median of 2.37. Freja eID Group AB's overall GF Score™ is 68/100 with 2 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 Freja eID Group AB (OSTO:FREJA), the current PB Ratio is 24.02 as of Jul. 01, 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 Freja eID Group AB (OSTO:FREJA) Overvalued in 2026?

Based on GuruFocus' analysis, Freja eID Group AB stock appears to be overvalued. The current stock price of kr17.10 is trading 47.3% above its estimated GF Value™ of kr11.61. GuruFocus considers Freja eID Group AB to be Significantly Overvalued.

Key valuation signals for OSTO:FREJA:

  • PB Ratio: 24.02 (75% above median its 10-year median of 13.74)
  • GF Value™: kr11.61 vs. price of kr17.10 (47.3% above fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 913.5% above the Software median (#2536 of 2618)

No single metric tells the full story. See the OSTO:FREJA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Freja eID Group AB Business Description

Address Vasagatan 40, Box 3328, Stockholm, SWE, 103 66
Freja eID Group AB is a Swedish tech company. The company offers an ID platform that gives the user control over their digital identity and data. Through the platform, the user can interact with companies and authorities but also with private individuals. The functions include e-identification, electronic signatures, sign-up, check-out, physical identification, and e-service identification. Its business is based on the Swedish market and the platform is built for international scalability.
68GF Score

Get the complete analysis for OSTO:FREJA

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr17.10
Price
kr11.61
GF Value