Napatech ASSTU:NAT +1.82%58 PB Ratio is 18.54 as of Jun. 26, 2026, which is 210% above its 10-year median of 5.99. GuruFocus rates STU:NAT with a GF Score™ of 58/100 and a GF Value™ of €2.13 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,412 Hardware companies, Napatech AS ranks worse than 94.9% 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), Napatech AS's share price is €4.19. Napatech AS's Book Value per Share for the quarter that ended in Mar. 2026 was €0.23. Hence, Napatech AS's PB Ratio of today is 18.54.
The historical rank and industry rank for Napatech AS's PB Ratio or its related term are showing as below:
STU:NAT'
s PB Ratio Range Over the Past 10 Years
Min: 0.58 Med: 5.99 Max: 26.99
Current: 19.3
During the past 13 years, Napatech AS's highest PB Ratio was 26.99. The lowest was 0.58. And the median was 5.99.
STU:NAT's PB Ratio is ranked worse than 94.9% of 2412
companies
in the Hardware industry
Industry Median: 2.42
vs STU:NAT: 19.30
During the past 12 months, Napatech AS's average Book Value Per Share Growth Rate was 37.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 25.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 11.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -11.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Napatech AS was 45.50% per year. The lowest was -48.90% per year. And the median was 5.05% 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.
Napatech AS PB Ratio Related Terms
Napatech AS PB Ratio Historical Data
* Premium members only.
The historical data trend for Napatech 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 Communication Equipment subindustry, Napatech 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.
Napatech AS PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Napatech AS's PB Ratio distribution charts can be found below:
* The bar in red indicates where Napatech 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.
Napatech 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.
Napatech AS (STU:NAT) has a PB Ratio of 18.54 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 Napatech AS and its competitors. This is 210% above median its historical median of 5.99. Over the past decade, Napatech AS's PB Ratio has ranged from 0.58 to 26.99. According to the industry distribution chart, Napatech AS ranks #2289 out of 2412 companies in the Hardware industry, placing it in the top 94.9%.
Is Napatech AS's PB Ratio too high?
Napatech AS's current PB Ratio of 18.54 is 210% above median its 10-year median of 5.99. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 26.99. The Hardware industry median PB Ratio is 2.42. Napatech AS's value of 18.54 is 666.1% above this industry median. Based on the distribution chart, Napatech AS ranks #2289 out of 2412 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Napatech AS has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Napatech AS's PB Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Napatech AS ranks #2289 out of 2412 companies for PB Ratio. This places Napatech AS in the lower half of its industry. The industry median PB Ratio is 2.42. Napatech AS's value of 18.54 is 666.1% above this benchmark. Historically, Napatech AS's own PB Ratio has ranged from 0.58 to 26.99 over the past decade. While the company's 10-year median is 5.99 vs. the industry median of 2.42, Napatech AS 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 2.42, based on 2,412 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. Napatech AS's current PB Ratio of 18.54 is 666.1% 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 Napatech AS and its competitors. For the Hardware industry, the median PB Ratio is 2.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Napatech AS's current PB Ratio is 18.54, which is 210% above median its own 10-year median of 5.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Napatech AS stock overvalued right now?
Based on GuruFocus' analysis, Napatech AS (STU:NAT) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.13, compared to a current price of €4.19 — trading 96.7% above its estimated fair value. The current PB Ratio is 18.54, which is 210% above median its 10-year median of 5.99 and 666.1% above the Hardware industry median of 2.42. Napatech AS's overall GF Score™ is 58/100 with 1 warning sign 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 Napatech AS (STU:NAT), the current PB Ratio is 18.54 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 Napatech AS (STU:NAT) Overvalued in 2026?
Based on GuruFocus' analysis, Napatech AS stock appears to be overvalued.
The current stock price of €4.19 is trading 96.7% above its estimated GF Value™ of €2.13.
GuruFocus considers Napatech AS to be Significantly Overvalued.
Key valuation signals for STU:NAT:
PB Ratio: 18.54 (210% above median its 10-year median of 5.99)
GF Value™: €2.13 vs. price of €4.19 (96.7% above fair value)
Industry Position: 666.1% above the Hardware median (#2289 of 2412)
No single metric tells the full story. See the STU:NAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Napatech AS is a tech company. It enhances open and standard virtualized servers to boost innovation and release valuable computing resources that improve services and increase revenue. The Group manufactures and sells network adapters to end-users and through third-party channel partners. It derives the maximum of its revenue from the Americas.
58GF Score
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