Arctic PaperWAR:ATC +1.21%58 PB Ratio is 0.29 as of Jun. 24, 2026, which is 51% below its 10-year median of 0.59. GuruFocus rates WAR:ATC with a GF Score™ of 58/100 and a GF Value™ of zł14.28 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 274 Forest Products companies, Arctic Paper ranks better than 86.86% 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 (2026-06-24), Arctic Paper's share price is zł5.87. Arctic Paper's Book Value per Share for the quarter that ended in Mar. 2026 was zł19.92. Hence, Arctic Paper's PB Ratio of today is 0.29.
Good Sign:
Arctic Paper SA stock PB Ratio (=0.29) is close to 10-year low of 0.29.
The historical rank and industry rank for Arctic Paper's PB Ratio or its related term are showing as below:
WAR:ATC'
s PB Ratio Range Over the Past 10 Years
Min: 0.29 Med: 0.59 Max: 1.17
Current: 0.29
During the past 13 years, Arctic Paper's highest PB Ratio was 1.17. The lowest was 0.29. And the median was 0.59.
WAR:ATC's PB Ratio is ranked better than 86.86% of 274
companies
in the Forest Products industry
Industry Median: 0.8
vs WAR:ATC: 0.29
During the past 12 months, Arctic Paper's average Book Value Per Share Growth Rate was -5.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -3.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 13.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 14.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Arctic Paper was 37.80% per year. The lowest was -14.80% per year. And the median was 3.70% 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.
Arctic Paper PB Ratio Related Terms
Arctic Paper PB Ratio Historical Data
* Premium members only.
The historical data trend for Arctic Paper'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 Paper & Paper Products subindustry, Arctic Paper'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.
Arctic Paper PB Ratio vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Arctic Paper's PB Ratio distribution charts can be found below:
* The bar in red indicates where Arctic Paper'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.
Arctic Paper'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.
Arctic Paper (WAR:ATC) has a PB Ratio of 0.29 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Arctic Paper and its competitors. This is 51% below median its historical median of 0.59. Over the past decade, Arctic Paper's PB Ratio has ranged from 0.29 to 1.17. According to the industry distribution chart, Arctic Paper ranks #36 out of 274 companies in the Forest Products industry, placing it in the top 13.1%.
Is Arctic Paper's PB Ratio too high?
Arctic Paper's current PB Ratio of 0.29 is 51% below median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 1.17. The Forest Products industry median PB Ratio is 0.80. Arctic Paper's value of 0.29 is 63.8% below this industry median. Based on the distribution chart, Arctic Paper ranks #36 out of 274 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Arctic Paper has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Arctic Paper's PB Ratio compare to SLVM?
According to the Forest Products industry distribution chart, Arctic Paper ranks #36 out of 274 companies for PB Ratio. This places Arctic Paper in the top 13% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.80. Arctic Paper's value of 0.29 is 63.8% below this benchmark. Historically, Arctic Paper's own PB Ratio has ranged from 0.29 to 1.17 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 0.80, Arctic Paper 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 Forest Products company?
The median PB Ratio among Forest Products companies is 0.80, based on 274 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. Arctic Paper's current PB Ratio of 0.29 is 63.8% 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 Arctic Paper and its competitors. For the Forest Products industry, the median PB Ratio is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arctic Paper's current PB Ratio is 0.29, which is 51% below median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arctic Paper stock overvalued right now?
Based on GuruFocus' analysis, Arctic Paper (WAR:ATC) is currently considered Possible Value Trap. The stock's GF Value™ is zł14.28, compared to a current price of zł5.87 — trading 58.9% below its estimated fair value. The current PB Ratio is 0.29, which is 51% below median its 10-year median of 0.59 and 63.8% below the Forest Products industry median of 0.80. Arctic Paper's overall GF Score™ is 58/100 with 6 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 Arctic Paper (WAR:ATC), the current PB Ratio is 0.29 as of Jun. 24, 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 Arctic Paper (WAR:ATC) Overvalued in 2026?
Based on GuruFocus' analysis, Arctic Paper stock appears to be undervalued.
The current stock price of zł5.87 is trading 58.9% below its estimated GF Value™ of zł14.28.
GuruFocus considers Arctic Paper to be Possible Value Trap.
Key valuation signals for WAR:ATC:
PB Ratio: 0.29 (51% below median its 10-year median of 0.59)
GF Value™: zł14.28 vs. price of zł5.87 (58.9% below fair value)
Industry Position: 63.8% below the Forest Products median (#36 of 274)
No single metric tells the full story. See the WAR:ATC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arctic Paper SA produces a volume of bulky book paper and produces high-quality graphic paper in Europe. The group produces numerous types of uncoated and coated wood-free paper as well as wood-containing uncoated paper for printing houses, paper distributors, book and magazine publishing houses, and the advertising industry. The company's segment includes Paper and Pulp. The firm derives maximum revenue from the Paper segment. The majority of revenue is generated from Uncoated segment. Geographically, the firm derives revenue from Germany, France, the UK, Scandinavia, Western Europe (other countries), Poland, Central and Eastern Europe (other than Poland), and Outside Europe.
58GF Score
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