Smartoptics Group ASASMOPF -2.60%89 PB Ratio is 15.53 as of Jun. 29, 2026, which is 141% above its 10-year median of 6.45. GuruFocus rates SMOPF with a GF Score™ of 89/100 and a GF Value™ of $3.04 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,417 Hardware companies, Smartoptics Group ASA ranks worse than 93.5% on this metric.
The historical rank and industry rank for Smartoptics Group ASA's PB Ratio or its related term are showing as below:
SMOPF'
s PB Ratio Range Over the Past 10 Years
Min: 4.61 Med: 6.45 Max: 49.15
Current: 14.75
During the past 8 years, Smartoptics Group ASA's highest PB Ratio was 49.15. The lowest was 4.61. And the median was 6.45.
SMOPF's PB Ratio is ranked worse than 93.5% of 2417
companies
in the Hardware industry
Industry Median: 2.34
vs SMOPF: 14.75
During the past 12 months, Smartoptics Group ASA's average Book Value Per Share Growth Rate was -6.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 21.20% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Smartoptics Group ASA was 45.30% per year. The lowest was 3.30% per year. And the median was 32.00% per year.
Back to Basics: PB Ratio
Smartoptics Group ASA (OTCPK:SMOPF) 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.
* 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, Smartoptics Group ASA'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.
Smartoptics Group ASA PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Smartoptics Group ASA's PB Ratio distribution charts can be found below:
* The bar in red indicates where Smartoptics Group ASA'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.
Smartoptics Group ASA (SMOPF) has a PB Ratio of 15.53 as of Jun. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Smartoptics Group ASA and its competitors. This is 141% above median its historical median of 6.45. Over the past decade, Smartoptics Group ASA's PB Ratio has ranged from 4.61 to 49.15. According to the industry distribution chart, Smartoptics Group ASA ranks #2260 out of 2417 companies in the Hardware industry, placing it in the top 93.5%.
Is Smartoptics Group ASA's PB Ratio too high?
Smartoptics Group ASA's current PB Ratio of 15.53 is 141% above median its 10-year median of 6.45. Over the past 10 years, this metric has ranged from a low of 4.61 to a high of 49.15. The Hardware industry median PB Ratio is 2.34. Smartoptics Group ASA's value of 15.53 is 563.7% above this industry median. Based on the distribution chart, Smartoptics Group ASA ranks #2260 out of 2417 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Smartoptics Group ASA has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Smartoptics Group ASA's PB Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Smartoptics Group ASA ranks #2260 out of 2417 companies for PB Ratio. This places Smartoptics Group ASA in the lower half of its industry. The industry median PB Ratio is 2.34. Smartoptics Group ASA's value of 15.53 is 563.7% above this benchmark. Historically, Smartoptics Group ASA's own PB Ratio has ranged from 4.61 to 49.15 over the past decade. While the company's 10-year median is 6.45 vs. the industry median of 2.34, Smartoptics Group ASA 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 2.34, based on 2,417 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. Smartoptics Group ASA's current PB Ratio of 15.53 is 563.7% 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 Smartoptics Group ASA and its competitors. For the Hardware industry, the median PB Ratio is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smartoptics Group ASA's current PB Ratio is 15.53, which is 141% above median its own 10-year median of 6.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smartoptics Group ASA stock overvalued right now?
Based on GuruFocus' analysis, Smartoptics Group ASA (SMOPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.04, compared to a current price of $5.02 — trading 65% above its estimated fair value. The current PB Ratio is 15.53, which is 141% above median its 10-year median of 6.45 and 563.7% above the Hardware industry median of 2.34. Smartoptics Group ASA's overall GF Score™ is 89/100 with 2 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 Smartoptics Group ASA (SMOPF), the current PB Ratio is 15.53 as of Jun. 29, 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 Smartoptics Group ASA (SMOPF) Overvalued in 2026?
Based on GuruFocus' analysis, Smartoptics Group ASA stock appears to be overvalued.
The current stock price of $5.02 is trading 65% above its estimated GF Value™ of $3.04.
GuruFocus considers Smartoptics Group ASA to be Significantly Overvalued.
Key valuation signals for SMOPF:
PB Ratio: 15.53 (141% above median its 10-year median of 6.45)
GF Value™: $3.04 vs. price of $5.02 (65% above fair value)
Industry Position: 563.7% above the Hardware median (#2260 of 2417)
No single metric tells the full story. See the SMOPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Smartoptics Group ASA provides optical networking solutions and devices for open networking. The company has three main product categories: Solutions, Optical Devices, and Software & Services. These products are used to construct various Enterprise, Governmental, DCI, Metro, and Regional networks. The Solutions consist of the DCP-R family, DCP-F family, DCP-M family, transponders, and Muxponders, as well as transceivers used in connection with the System projects. Optical devices consist of transceivers, passive filters, and accessories that are sold independently of products in the Solutions offering. Software and Services are closely related to Solutions, as customers buy a complete solution including a Software and Services package. Geographically works in America, EMEA, and APAC.
89GF Score
Get the complete analysis for SMOPF
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