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Scandinavian Real Heart ABOSTO:HEART 31 PB Ratio is 1.60 as of Jul. 17, 2026, which is 51% below its 10-year median of 3.29. GuruFocus rates OSTO:HEART with a GF Score™ of 31/100. The stock has 4 warning signs investors should review. Among 787 Medical Devices & Instruments companies, Scandinavian Real Heart AB ranks better than 61.5% on this metric.
Scandinavian Real Heart AB stock PB Ratio (=1.6) is close to 3-year high of 1.6.
The historical rank and industry rank for Scandinavian Real Heart AB's PB Ratio or its related term are showing as below:
OSTO:HEART'
s PB Ratio Range Over the Past 10 Years
Min: 0.08 Med: 3.29 Max: 20.13
Current: 1.6
During the past 13 years, Scandinavian Real Heart AB's highest PB Ratio was 20.13. The lowest was 0.08. And the median was 3.29.
OSTO:HEART's PB Ratio is ranked better than 61.5% of 787
companies
in the Medical Devices & Instruments industry
Industry Median: 2.05
vs OSTO:HEART: 1.60
During the past 12 months, Scandinavian Real Heart AB's average Book Value Per Share Growth Rate was -61.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -54.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -39.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -4.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Scandinavian Real Heart AB was 200.40% per year. The lowest was -54.40% per year. And the median was 34.50% per year.
Back to Basics: PB Ratio
Scandinavian Real Heart AB (OSTO:HEART) PB Ratio Explanation
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.
Scandinavian Real Heart AB PB Ratio Related Terms
Scandinavian Real Heart AB PB Ratio Historical Data
* 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 Medical Devices subindustry, Scandinavian Real Heart 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.
Scandinavian Real Heart AB PB Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Scandinavian Real Heart AB's PB Ratio distribution charts can be found below:
* The bar in red indicates where Scandinavian Real Heart 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.
* 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.
Scandinavian Real Heart AB (OSTO:HEART) has a PB Ratio of 1.60 as of Jul. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Scandinavian Real Heart AB and its competitors. This is 51% below median its historical median of 3.29. Over the past decade, Scandinavian Real Heart AB's PB Ratio has ranged from 0.08 to 20.13. According to the industry distribution chart, Scandinavian Real Heart AB ranks #303 out of 787 companies in the Medical Devices & Instruments industry, placing it in the top 38.5%.
Is Scandinavian Real Heart AB's PB Ratio too high?
Scandinavian Real Heart AB's current PB Ratio of 1.60 is 51% below median its 10-year median of 3.29. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 20.13. The Medical Devices & Instruments industry median PB Ratio is 2.05. Scandinavian Real Heart AB's value of 1.60 is 22% below this industry median. Based on the distribution chart, Scandinavian Real Heart AB ranks #303 out of 787 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Scandinavian Real Heart AB has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Scandinavian Real Heart AB's PB Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Scandinavian Real Heart AB ranks #303 out of 787 companies for PB Ratio. This puts Scandinavian Real Heart AB in the upper half of its industry. The industry median PB Ratio is 2.05. Scandinavian Real Heart AB's value of 1.60 is 22% below this benchmark. Historically, Scandinavian Real Heart AB's own PB Ratio has ranged from 0.08 to 20.13 over the past decade. While the company's 10-year median is 3.29 vs. the industry median of 2.05, Scandinavian Real Heart AB has consistently been below 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 Medical Devices & Instruments company?
The median PB Ratio among Medical Devices & Instruments companies is 2.05, based on 787 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. Scandinavian Real Heart AB's current PB Ratio of 1.60 is 22% below 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 Scandinavian Real Heart AB and its competitors. For the Medical Devices & Instruments industry, the median PB Ratio is 2.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scandinavian Real Heart AB's current PB Ratio is 1.60, which is 51% below median its own 10-year median of 3.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scandinavian Real Heart AB stock overvalued right now?
Scandinavian Real Heart AB (OSTO:HEART) has a current PB Ratio of 1.60. The current PB Ratio is 1.60, which is 51% below median its 10-year median of 3.29 and 22% below the Medical Devices & Instruments industry median of 2.05. Scandinavian Real Heart AB's overall GF Score™ is 31/100 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 Scandinavian Real Heart AB (OSTO:HEART), the current PB Ratio is 1.60 as of Jul. 17, 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.
Scandinavian Real Heart AB is engaged in developing an artificial heart that mimics the shape, function, and bloodflow pattern of the human heart. The company conducts research and development in medical technology and is developing an artificial heart that mimics the function of a natural heart - a so-called total artificial heart (TAH), Realhear, TAH. It is a Swedish-patented product that saves lives and improves the quality of life.
31GF Score
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