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Waystream Group ABOSTO:WAYS -1.04%65 PB Ratio is 3.52 as of Jul. 14, 2026, which is 31% above its 10-year median of 2.68. GuruFocus rates OSTO:WAYS with a GF Score™ of 65/100 and a GF Value™ of kr28.02 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,421 Hardware companies, Waystream Group AB ranks worse than 65.3% on this metric.
Waystream Group AB stock PB Ratio (=3.52) is close to 1-year low of 3.52.
The historical rank and industry rank for Waystream Group AB's PB Ratio or its related term are showing as below:
OSTO:WAYS'
s PB Ratio Range Over the Past 10 Years
Min: 0.56 Med: 2.68 Max: 9.95
Current: 3.52
During the past 13 years, Waystream Group AB's highest PB Ratio was 9.95. The lowest was 0.56. And the median was 2.68.
OSTO:WAYS's PB Ratio is ranked worse than 65.3% of 2421
companies
in the Hardware industry
Industry Median: 2.29
vs OSTO:WAYS: 3.52
During the past 12 months, Waystream Group AB's average Book Value Per Share Growth Rate was 35.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -1.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 9.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Waystream Group AB was 59.30% per year. The lowest was -30.90% per year. And the median was 10.70% per year.
Back to Basics: PB Ratio
Waystream Group AB (OSTO:WAYS) 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.
Waystream Group AB PB Ratio Related Terms
Waystream Group AB PB Ratio Historical Data
* Premium members only.
The historical data trend for Waystream 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 Communication Equipment subindustry, Waystream 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.
Waystream Group AB PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Waystream Group AB's PB Ratio distribution charts can be found below:
* The bar in red indicates where Waystream 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.
Waystream Group AB (OSTO:WAYS) has a PB Ratio of 3.52 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Waystream Group AB and its competitors. This is 31% above median its historical median of 2.68. Over the past decade, Waystream Group AB's PB Ratio has ranged from 0.56 to 9.95. According to the industry distribution chart, Waystream Group AB ranks #1581 out of 2421 companies in the Hardware industry, placing it in the top 65.3%.
Is Waystream Group AB's PB Ratio too high?
Waystream Group AB's current PB Ratio of 3.52 is 31% above median its 10-year median of 2.68. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 9.95. The Hardware industry median PB Ratio is 2.29. Waystream Group AB's value of 3.52 is 53.7% above this industry median. Based on the distribution chart, Waystream Group AB ranks #1581 out of 2421 companies in the Hardware industry, which is below the industry midpoint. Overall, Waystream Group AB has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Waystream Group AB's PB Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Waystream Group AB ranks #1581 out of 2421 companies for PB Ratio. This places Waystream Group AB in the lower half of its industry. The industry median PB Ratio is 2.29. Waystream Group AB's value of 3.52 is 53.7% above this benchmark. Historically, Waystream Group AB's own PB Ratio has ranged from 0.56 to 9.95 over the past decade. While the company's 10-year median is 2.68 vs. the industry median of 2.29, Waystream 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 Hardware company?
The median PB Ratio among Hardware companies is 2.29, based on 2,421 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. Waystream Group AB's current PB Ratio of 3.52 is 53.7% 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 Waystream Group AB and its competitors. For the Hardware industry, the median PB Ratio is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waystream Group AB's current PB Ratio is 3.52, which is 31% above median its own 10-year median of 2.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waystream Group AB stock overvalued right now?
Based on GuruFocus' analysis, Waystream Group AB (OSTO:WAYS) is currently considered Significantly Overvalued. The stock's GF Value™ is kr28.02, compared to a current price of kr38.00 — trading 35.6% above its estimated fair value. The current PB Ratio is 3.52, which is 31% above median its 10-year median of 2.68 and 53.7% above the Hardware industry median of 2.29. Waystream Group AB's overall GF Score™ is 65/100 with 3 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 Waystream Group AB (OSTO:WAYS), the current PB Ratio is 3.52 as of Jul. 14, 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 Waystream Group AB (OSTO:WAYS) Overvalued in 2026?
Based on GuruFocus' analysis, Waystream Group AB stock appears to be overvalued.
The current stock price of kr38.00 is trading 35.6% above its estimated GF Value™ of kr28.02.
GuruFocus considers Waystream Group AB to be Significantly Overvalued.
Key valuation signals for OSTO:WAYS:
PB Ratio: 3.52 (31% above median its 10-year median of 2.68)
GF Value™: kr28.02 vs. price of kr38.00 (35.6% above fair value)
Industry Position: 53.7% above the Hardware median (#1581 of 2421)
No single metric tells the full story. See the OSTO:WAYS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Waystream Group AB operates in the telecommunications sector. The product portfolio includes switches and routers adapted for the fibre market and associated peripherals, technical support, training, and consulting. Its customer base and target customers are city networks, operators, and real estate companies that own and operate their fibre networks in the Nordic region and Central Europe.
65GF Score
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