Norditek Group ABOSTO:NOTEK 58 PB Ratio is 1.44 as of Jul. 08, 2026, which is 25% below its 10-year median of 1.92. GuruFocus rates OSTO:NOTEK with a GF Score™ of 58/100 and a GF Value™ of kr15.18 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 228 Waste Management companies, Norditek Group AB ranks better than 55.7% on this metric.
Norditek Group AB stock PB Ratio (=1.47) is close to 5-year low of 1.44.
The historical rank and industry rank for Norditek Group AB's PB Ratio or its related term are showing as below:
OSTO:NOTEK'
s PB Ratio Range Over the Past 10 Years
Min: 1.44 Med: 1.92 Max: 4.47
Current: 1.44
During the past 5 years, Norditek Group AB's highest PB Ratio was 4.47. The lowest was 1.44. And the median was 1.92.
OSTO:NOTEK's PB Ratio is ranked better than 55.7% of 228
companies
in the Waste Management industry
Industry Median: 1.595
vs OSTO:NOTEK: 1.44
During the past 12 months, Norditek Group AB's average Book Value Per Share Growth Rate was 17.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 11.00% per year.
During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Norditek Group AB was 27.60% per year. The lowest was 11.00% per year. And the median was 19.30% per year.
Back to Basics: PB Ratio
Norditek Group AB (OSTO:NOTEK) 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.
Norditek Group AB PB Ratio Related Terms
Norditek Group AB PB Ratio Historical Data
* Premium members only.
The historical data trend for Norditek 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.
For the Waste Management subindustry, Norditek 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.
Norditek Group AB PB Ratio vs Waste Management Industry
For the Waste Management industry and Industrials sector, Norditek Group AB's PB Ratio distribution charts can be found below:
* The bar in red indicates where Norditek Group 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.
Norditek Group AB (OSTO:NOTEK) has a PB Ratio of 1.44 as of Jul. 08, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Norditek Group AB and its competitors. This is 25% below median its historical median of 1.92. Over the past decade, Norditek Group AB's PB Ratio has ranged from 1.44 to 4.47. According to the industry distribution chart, Norditek Group AB ranks #101 out of 228 companies in the Waste Management industry, placing it in the top 44.3%.
Is Norditek Group AB's PB Ratio too high?
Norditek Group AB's current PB Ratio of 1.44 is 25% below median its 10-year median of 1.92. Over the past 10 years, this metric has ranged from a low of 1.44 to a high of 4.47. The Waste Management industry median PB Ratio is 1.60. Norditek Group AB's value of 1.44 is 9.7% below this industry median. Based on the distribution chart, Norditek Group AB ranks #101 out of 228 companies in the Waste Management industry, which is above the industry midpoint. Overall, Norditek Group AB has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Norditek Group AB's PB Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Norditek Group AB ranks #101 out of 228 companies for PB Ratio. This puts Norditek Group AB in the upper half of its industry. The industry median PB Ratio is 1.60. Norditek Group AB's value of 1.44 is 9.7% below this benchmark. Historically, Norditek Group AB's own PB Ratio has ranged from 1.44 to 4.47 over the past decade. While the company's 10-year median is 1.92 vs. the industry median of 1.60, Norditek Group 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 Waste Management company?
The median PB Ratio among Waste Management companies is 1.60, based on 228 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. Norditek Group AB's current PB Ratio of 1.44 is 9.7% 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 Norditek Group AB and its competitors. For the Waste Management industry, the median PB Ratio is 1.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norditek Group AB's current PB Ratio is 1.44, which is 25% below median its own 10-year median of 1.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norditek Group AB stock overvalued right now?
Based on GuruFocus' analysis, Norditek Group AB (OSTO:NOTEK) is currently considered Modestly Undervalued. The stock's GF Value™ is kr15.18, compared to a current price of kr10.80 — trading 28.9% below its estimated fair value. The current PB Ratio is 1.44, which is 25% below median its 10-year median of 1.92 and 9.7% below the Waste Management industry median of 1.60. Norditek Group AB's overall GF Score™ is 58/100 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 Norditek Group AB (OSTO:NOTEK), the current PB Ratio is 1.44 as of Jul. 08, 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 Norditek Group AB (OSTO:NOTEK) Overvalued in 2026?
Based on GuruFocus' analysis, Norditek Group AB stock appears to be undervalued.
The current stock price of kr10.80 is trading 28.9% below its estimated GF Value™ of kr15.18.
GuruFocus considers Norditek Group AB to be Modestly Undervalued.
Key valuation signals for OSTO:NOTEK:
PB Ratio: 1.44 (25% below median its 10-year median of 1.92)
GF Value™: kr15.18 vs. price of kr10.80 (28.9% below fair value)
Industry Position: 9.7% below the Waste Management median (#101 of 228)
No single metric tells the full story. See the OSTO:NOTEK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norditek Group AB is an environmental technology company with a focus on mobile and flexiblerecycling facilities in the Waste, Gravel & Rock and Biomass segments.
58GF Score
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