Minesto ABOSTO:MINEST +5.86%27 PB Ratio is 0.54 as of Jun. 26, 2026, which is 78% below its 10-year median of 2.47. GuruFocus rates OSTO:MINEST with a GF Score™ of 27/100. Among 430 Utilities - Independent Power Producers companies, Minesto AB ranks better than 83.02% 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 (2026-06-26), Minesto AB's share price is kr1.30. Minesto AB's Book Value per Share for the quarter that ended in Dec. 2025 was kr2.42. Hence, Minesto AB's PB Ratio of today is 0.54.
The historical rank and industry rank for Minesto AB's PB Ratio or its related term are showing as below:
OSTO:MINEST'
s PB Ratio Range Over the Past 10 Years
Min: 0.2 Med: 2.47 Max: 10.98
Current: 0.54
During the past 13 years, Minesto AB's highest PB Ratio was 10.98. The lowest was 0.20. And the median was 2.47.
OSTO:MINEST's PB Ratio is ranked better than 83.02% of 430
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.355
vs OSTO:MINEST: 0.54
During the past 12 months, Minesto AB's average Book Value Per Share Growth Rate was -16.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -8.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -5.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -0.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Minesto AB was 49.70% per year. The lowest was -8.00% per year. And the median was 0.50% 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.
Minesto AB PB Ratio Related Terms
Minesto AB PB Ratio Historical Data
* Premium members only.
The historical data trend for Minesto 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.
For the Utilities - Renewable subindustry, Minesto 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.
Minesto AB PB Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Minesto AB's PB Ratio distribution charts can be found below:
* The bar in red indicates where Minesto 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.
Minesto 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.
Minesto AB (OSTO:MINEST) has a PB Ratio of 0.54 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Minesto AB and its competitors. This is 78% below median its historical median of 2.47. Over the past decade, Minesto AB's PB Ratio has ranged from 0.20 to 10.98. According to the industry distribution chart, Minesto AB ranks #73 out of 430 companies in the Utilities - Independent Power Producers industry, placing it in the top 17%.
Is Minesto AB's PB Ratio too high?
Minesto AB's current PB Ratio of 0.54 is 78% below median its 10-year median of 2.47. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 10.98. The Utilities - Independent Power Producers industry median PB Ratio is 1.36. Minesto AB's value of 0.54 is 60.1% below this industry median. Based on the distribution chart, Minesto AB ranks #73 out of 430 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Minesto AB has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Minesto AB's PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Minesto AB ranks #73 out of 430 companies for PB Ratio. This places Minesto AB in the top 17% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.36. Minesto AB's value of 0.54 is 60.1% below this benchmark. Historically, Minesto AB's own PB Ratio has ranged from 0.20 to 10.98 over the past decade. While the company's 10-year median is 2.47 vs. the industry median of 1.36, Minesto 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 an Utilities - Independent Power Producers company?
The median PB Ratio among Utilities - Independent Power Producers companies is 1.36, based on 430 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. Minesto AB's current PB Ratio of 0.54 is 60.1% 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 Minesto AB and its competitors. For the Utilities - Independent Power Producers industry, the median PB Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Minesto AB's current PB Ratio is 0.54, which is 78% below median its own 10-year median of 2.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minesto AB stock overvalued right now?
Minesto AB (OSTO:MINEST) has a current PB Ratio of 0.54. The current PB Ratio is 0.54, which is 78% below median its 10-year median of 2.47 and 60.1% below the Utilities - Independent Power Producers industry median of 1.36. Minesto AB's overall GF Score™ is 27/100. 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 Minesto AB (OSTO:MINEST), the current PB Ratio is 0.54 as of Jun. 26, 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.
Minesto AB is a Sweden based company engaged in the production of tidal energy from the oceans. The main sources of the ocean energy include Tidal streams, Ocean currents, Tidal range (rise and fall), Waves, Ocean thermal energy and Salinity gradients.
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