SpectrumOne AB (OSTO:SPEONE) PB Ratio: 0.91 (As of Jul. 21, 2026) — 33% Below Median

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OSTO:SPEONE SpectrumOne AB OSTO:SPEONE
32 GF Score
Price kr0.15
GF Value kr0.06
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is SpectrumOne AB PB Ratio?

SpectrumOne AB OSTO:SPEONE 32 PB Ratio is 0.91 as of Jul. 21, 2026, which is 33% below its 10-year median of 1.36. GuruFocus rates OSTO:SPEONE with a GF Score™ of 32/100 and a GF Value™ of kr0.06 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,636 Software companies, SpectrumOne AB ranks better than 84.37% 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 (2026-07-21), SpectrumOne AB's share price is kr0.15. SpectrumOne AB's Book Value per Share for the quarter that ended in Mar. 2026 was kr0.16. Hence, SpectrumOne AB's PB Ratio of today is 0.91.

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

OSTO:SPEONE' s PB Ratio Range Over the Past 10 Years
Min: 0.12   Med: 1.36   Max: 135
Current: 0.91

During the past 13 years, SpectrumOne AB's highest PB Ratio was 135.00. The lowest was 0.12. And the median was 1.36.

OSTO:SPEONE's PB Ratio is ranked better than
84.37% of 2636 companies
in the Software industry
Industry Median: 2.37 vs OSTO:SPEONE: 0.91

During the past 12 months, SpectrumOne AB's average Book Value Per Share Growth Rate was -37.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -14.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -29.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -31.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of SpectrumOne AB was 128.60% per year. The lowest was -84.20% per year. And the median was -17.80% per year.

Back to Basics: PB Ratio


SpectrumOne AB  (OSTO:SPEONE) 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.


SpectrumOne AB PB Ratio Related Terms


SpectrumOne AB PB Ratio Historical Data

* Premium members only.

The historical data trend for SpectrumOne 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.

SpectrumOne AB PB Ratio Chart

SpectrumOne 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 1.83 1.45 131.00 0.67 0.95

SpectrumOne 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 0.93 0.78 0.61 0.95 1.00

OSTO:SPEONE vs UBER, SHOP, CRM: PB Ratio Comparison

For the Software - Application subindustry, SpectrumOne 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.


SpectrumOne AB PB Ratio vs Software Industry

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

* The bar in red indicates where SpectrumOne AB's PB Ratio falls into.


OSTO:SPEONE
32GF Score
SpectrumOne AB OSTO:SPEONE
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SpectrumOne 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.

SpectrumOne AB's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.15/0.164
=0.91

* 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 0.91 mean?
SpectrumOne AB (OSTO:SPEONE) has a PB Ratio of 0.91 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on SpectrumOne AB and its competitors. This is 33% below median its historical median of 1.36. Over the past decade, SpectrumOne AB's PB Ratio has ranged from 0.12 to 135.00. According to the industry distribution chart, SpectrumOne AB ranks #412 out of 2636 companies in the Software industry, placing it in the top 15.6%.
Is SpectrumOne AB's PB Ratio too high?
SpectrumOne AB's current PB Ratio of 0.91 is 33% below median its 10-year median of 1.36. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 135.00. The Software industry median PB Ratio is 2.37. SpectrumOne AB's value of 0.91 is 61.6% below this industry median. Based on the distribution chart, SpectrumOne AB ranks #412 out of 2636 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, SpectrumOne AB has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SpectrumOne AB's PB Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, SpectrumOne AB ranks #412 out of 2636 companies for PB Ratio. This places SpectrumOne AB in the top 16% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.37. SpectrumOne AB's value of 0.91 is 61.6% below this benchmark. Historically, SpectrumOne AB's own PB Ratio has ranged from 0.12 to 135.00 over the past decade. While the company's 10-year median is 1.36 vs. the industry median of 2.37, SpectrumOne 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 Software company?
The median PB Ratio among Software companies is 2.37, based on 2,636 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. SpectrumOne AB's current PB Ratio of 0.91 is 61.6% 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 SpectrumOne 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. SpectrumOne AB's current PB Ratio is 0.91, which is 33% below median its own 10-year median of 1.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SpectrumOne AB stock overvalued right now?
Based on GuruFocus' analysis, SpectrumOne AB (OSTO:SPEONE) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.06, compared to a current price of kr0.15 — trading 150% above its estimated fair value. The current PB Ratio is 0.91, which is 33% below median its 10-year median of 1.36 and 61.6% below the Software industry median of 2.37. SpectrumOne AB's overall GF Score™ is 32/100 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 SpectrumOne AB (OSTO:SPEONE), the current PB Ratio is 0.91 as of Jul. 21, 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 SpectrumOne AB (OSTO:SPEONE) Overvalued in 2026?

Based on GuruFocus' analysis, SpectrumOne AB stock appears to be overvalued. The current stock price of kr0.15 is trading 150% above its estimated GF Value™ of kr0.06. GuruFocus considers SpectrumOne AB to be Significantly Overvalued.

Key valuation signals for OSTO:SPEONE:

  • PB Ratio: 0.91 (33% below median its 10-year median of 1.36)
  • GF Value™: kr0.06 vs. price of kr0.15 (150% above fair value)
  • GF Score™: 32/100 with 4 warning signs
  • Industry Position: 61.6% below the Software median (#412 of 2636)

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


SpectrumOne AB Business Description

Other Exchanges 9TE:Germany
Address Karlavagen 60, Stockholm, SWE, 114 49
SpectrumOne AB is a Big Data Management Platform. It has offices in Sweden, Norway, and Belgium.
32GF Score

Get the complete analysis for OSTO:SPEONE

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

kr0.15
Price
kr0.06
GF Value