Cognor HoldingWAR:COG +0.60%68 PB Ratio is 1.02 as of Jun. 26, 2026, which is 16% above its 10-year median of 0.88. GuruFocus rates WAR:COG with a GF Score™ of 68/100 and a GF Value™ of zł5.62 (Fairly Valued). The stock has 6 warning signs investors should review. Among 612 Steel companies, Cognor Holding ranks worse than 51.96% 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), Cognor Holding's share price is zł5.90. Cognor Holding's Book Value per Share for the quarter that ended in Mar. 2026 was zł5.76. Hence, Cognor Holding's PB Ratio of today is 1.02.
The historical rank and industry rank for Cognor Holding's PB Ratio or its related term are showing as below:
WAR:COG'
s PB Ratio Range Over the Past 10 Years
Min: 0.36 Med: 0.88 Max: 2.14
Current: 1.03
During the past 13 years, Cognor Holding's highest PB Ratio was 2.14. The lowest was 0.36. And the median was 0.88.
WAR:COG's PB Ratio is ranked worse than 51.96% of 612
companies
in the Steel industry
Industry Median: 0.965
vs WAR:COG: 1.03
During the past 12 months, Cognor Holding's average Book Value Per Share Growth Rate was -9.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -5.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 25.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 15.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Cognor Holding was 58.70% per year. The lowest was -29.90% per year. And the median was 2.40% 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.
Cognor Holding PB Ratio Related Terms
Cognor Holding PB Ratio Historical Data
* Premium members only.
The historical data trend for Cognor Holding'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 Steel subindustry, Cognor Holding'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.
Cognor Holding PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Cognor Holding's PB Ratio distribution charts can be found below:
* The bar in red indicates where Cognor Holding'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.
Cognor Holding'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.
Cognor Holding (WAR:COG) has a PB Ratio of 1.02 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 Cognor Holding and its competitors. This is 16% above median its historical median of 0.88. Over the past decade, Cognor Holding's PB Ratio has ranged from 0.36 to 2.14. According to the industry distribution chart, Cognor Holding ranks #318 out of 612 companies in the Steel industry, placing it in the top 52%.
Is Cognor Holding's PB Ratio too high?
Cognor Holding's current PB Ratio of 1.02 is 16% above median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 2.14. The Steel industry median PB Ratio is 0.97. Cognor Holding's value of 1.02 is 5.7% above this industry median. Based on the distribution chart, Cognor Holding ranks #318 out of 612 companies in the Steel industry, which is below the industry midpoint. Overall, Cognor Holding has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cognor Holding's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Cognor Holding ranks #318 out of 612 companies for PB Ratio. This places Cognor Holding in the lower half of its industry. The industry median PB Ratio is 0.97. Cognor Holding's value of 1.02 is 5.7% above this benchmark. Historically, Cognor Holding's own PB Ratio has ranged from 0.36 to 2.14 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 0.97, Cognor Holding 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 Steel company?
The median PB Ratio among Steel companies is 0.97, based on 612 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. Cognor Holding's current PB Ratio of 1.02 is 5.7% 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 Cognor Holding and its competitors. For the Steel industry, the median PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cognor Holding's current PB Ratio is 1.02, which is 16% above median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cognor Holding stock overvalued right now?
Based on GuruFocus' analysis, Cognor Holding (WAR:COG) is currently considered Fairly Valued. The stock's GF Value™ is zł5.62, compared to a current price of zł5.90 — trading 5% above its estimated fair value. The current PB Ratio is 1.02, which is 16% above median its 10-year median of 0.88 and 5.7% above the Steel industry median of 0.97. Cognor Holding's overall GF Score™ is 68/100 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 Cognor Holding (WAR:COG), the current PB Ratio is 1.02 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 Cognor Holding (WAR:COG) Overvalued in 2026?
Based on GuruFocus' analysis, Cognor Holding stock appears to be overvalued.
The current stock price of zł5.90 is trading 5% above its estimated GF Value™ of zł5.62.
GuruFocus considers Cognor Holding to be Fairly Valued.
Key valuation signals for WAR:COG:
PB Ratio: 1.02 (16% above median its 10-year median of 0.88)
GF Value™: zł5.62 vs. price of zł5.90 (5% above fair value)
Industry Position: 5.7% above the Steel median (#318 of 612)
No single metric tells the full story. See the WAR:COG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cognor Holding SA operates in the steel industry. Along with its subsidiaries, the company is engaged in the business of scrap collection, scrap processing into steel billets, and steel products. Its product portfolio comprises metal bars, steel scrap, steel slabs, flat plates, round bars, and steel alloys, among others. The group operates in the following business segments: Zlomrex Metal (ZLMET), HSJ, Ferrostal (FER), OMS, JAP, and Others. The majority of its revenue is generated from the Ferrostal (FER) segment, which is involved in the production and sale of semi-finished steel products (raw steel) and final steel products to external customers. Geographically, the group generates maximum revenue from Poland, followed by Germany, Czechia, and other countries.
68GF Score
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