SP Group ASSPGGF 95 PB Ratio is 1.21 as of Jun. 26, 2026, which is 65% below its 10-year median of 3.43. GuruFocus rates SPGGF with a GF Score™ of 95/100 and a GF Value™ of $23.63. The stock has 8 warning signs investors should review. Among 1,583 Chemicals companies, SP Group AS ranks worse than 67.4% 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), SP Group AS's share price is $29.7142. SP Group AS's Book Value per Share for the quarter that ended in Mar. 2026 was $24.49. Hence, SP Group AS's PB Ratio of today is 1.21.
Warning Sign:
SP Group AS stock PB Ratio (=2.62) is close to 3-year high of 2.7.
The historical rank and industry rank for SP Group AS's PB Ratio or its related term are showing as below:
SPGGF'
s PB Ratio Range Over the Past 10 Years
Min: 1.43 Med: 3.43 Max: 5.61
Current: 2.62
During the past 13 years, SP Group AS's highest PB Ratio was 5.61. The lowest was 1.43. And the median was 3.43.
SPGGF's PB Ratio is ranked worse than 67.4% of 1583
companies
in the Chemicals industry
Industry Median: 1.77
vs SPGGF: 2.62
During the past 12 months, SP Group AS's average Book Value Per Share Growth Rate was 8.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 13.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 14.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 16.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of SP Group AS was 21.20% per year. The lowest was -2.80% per year. And the median was 14.45% 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.
SP Group AS PB Ratio Related Terms
SP Group AS PB Ratio Historical Data
* Premium members only.
The historical data trend for SP Group AS'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 Specialty Chemicals subindustry, SP Group AS'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.
SP Group AS PB Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, SP Group AS's PB Ratio distribution charts can be found below:
* The bar in red indicates where SP Group AS'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.
SP Group AS'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.
SP Group AS (SPGGF) has a PB Ratio of 1.21 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 SP Group AS and its competitors. This is 65% below median its historical median of 3.43. Over the past decade, SP Group AS's PB Ratio has ranged from 1.43 to 5.61. According to the industry distribution chart, SP Group AS ranks #1067 out of 1583 companies in the Chemicals industry, placing it in the top 67.4%.
Is SP Group AS's PB Ratio too high?
SP Group AS's current PB Ratio of 1.21 is 65% below median its 10-year median of 3.43. Over the past 10 years, this metric has ranged from a low of 1.43 to a high of 5.61. The Chemicals industry median PB Ratio is 1.77. SP Group AS's value of 1.21 is 31.6% below this industry median. Based on the distribution chart, SP Group AS ranks #1067 out of 1583 companies in the Chemicals industry, which is below the industry midpoint. Overall, SP Group AS has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.
How does SP Group AS's PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, SP Group AS ranks #1067 out of 1583 companies for PB Ratio. This places SP Group AS in the lower half of its industry. The industry median PB Ratio is 1.77. SP Group AS's value of 1.21 is 31.6% below this benchmark. Historically, SP Group AS's own PB Ratio has ranged from 1.43 to 5.61 over the past decade. While the company's 10-year median is 3.43 vs. the industry median of 1.77, SP Group AS 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 Chemicals company?
The median PB Ratio among Chemicals companies is 1.77, based on 1,583 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. SP Group AS's current PB Ratio of 1.21 is 31.6% 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 SP Group AS and its competitors. For the Chemicals industry, the median PB Ratio is 1.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SP Group AS's current PB Ratio is 1.21, which is 65% below median its own 10-year median of 3.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SP Group AS stock overvalued right now?
SP Group AS (SPGGF) has a current PB Ratio of 1.21. The stock's GF Value™ is $23.63, compared to a current price of $29.71 — trading 25.7% above its estimated fair value. The current PB Ratio is 1.21, which is 65% below median its 10-year median of 3.43 and 31.6% below the Chemicals industry median of 1.77. SP Group AS's overall GF Score™ is 95/100 with 8 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 SP Group AS (SPGGF), the current PB Ratio is 1.21 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.
Is SP Group AS (SPGGF) Overvalued in 2026?
Based on GuruFocus' analysis, SP Group AS stock appears to be overvalued.
The current stock price of $29.71 is trading 25.7% above its estimated GF Value™ of $23.63.
Key valuation signals for SPGGF:
PB Ratio: 1.21 (65% below median its 10-year median of 3.43)
GF Value™: $23.63 vs. price of $29.71 (25.7% above fair value)
Industry Position: 31.6% below the Chemicals median (#1067 of 1583)
No single metric tells the full story. See the SPGGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SP Group AS develops and manufactures solutions in plastics using multiple production technologies. It is a supplier of manufactured plastic products for the manufacturing industries. Its solutions include 3D print, Assembly, Blow Moulding, Injection Moulding, , Precision Plastic Machining, among others. Its segments include Denmark, Norway, Sweden, Finland, Latvia, Slovakia, The Netherlands, Poland, North America, China, and Thailand, with Denmark generating the majority of the revenue.
95GF Score
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