Fon SEWAR:FON 70 PB Ratio is 0.63 as of Jul. 05, 2026, which is 40% above its 10-year median of 0.45. GuruFocus rates WAR:FON with a GF Score™ of 70/100 and a GF Value™ of zł2.66 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 521 Credit Services companies, Fon SE ranks better than 73.7% 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 (2026-07-05), Fon SE's share price is zł1.80. Fon SE's Book Value per Share for the quarter that ended in Mar. 2026 was zł2.85. Hence, Fon SE's PB Ratio of today is 0.63.
The historical rank and industry rank for Fon SE's PB Ratio or its related term are showing as below:
WAR:FON'
s PB Ratio Range Over the Past 10 Years
Min: 0.1 Med: 0.45 Max: 20.25
Current: 0.63
During the past 13 years, Fon SE's highest PB Ratio was 20.25. The lowest was 0.10. And the median was 0.45.
WAR:FON's PB Ratio is ranked better than 73.7% of 521
companies
in the Credit Services industry
Industry Median: 1.05
vs WAR:FON: 0.63
During the past 12 months, Fon SE's average Book Value Per Share Growth Rate was -26.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 6.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -4.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -24.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Fon SE was 281.40% per year. The lowest was -40.80% per year. And the median was -11.00% 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.
Fon SE PB Ratio Related Terms
Fon SE PB Ratio Historical Data
* Premium members only.
The historical data trend for Fon SE'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 Credit Services subindustry, Fon SE'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.
Fon SE PB Ratio vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Fon SE's PB Ratio distribution charts can be found below:
* The bar in red indicates where Fon SE'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.
Fon SE'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.
Fon SE (WAR:FON) has a PB Ratio of 0.63 as of Jul. 05, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Fon SE and its competitors. This is 40% above median its historical median of 0.45. Over the past decade, Fon SE's PB Ratio has ranged from 0.10 to 20.25. According to the industry distribution chart, Fon SE ranks #137 out of 521 companies in the Credit Services industry, placing it in the top 26.3%.
Is Fon SE's PB Ratio too high?
Fon SE's current PB Ratio of 0.63 is 40% above median its 10-year median of 0.45. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 20.25. The Credit Services industry median PB Ratio is 1.05. Fon SE's value of 0.63 is 40% below this industry median. Based on the distribution chart, Fon SE ranks #137 out of 521 companies in the Credit Services industry, which is above the industry midpoint. Overall, Fon SE has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fon SE's PB Ratio compare to V and MA?
According to the Credit Services industry distribution chart, Fon SE ranks #137 out of 521 companies for PB Ratio. This puts Fon SE in the upper half of its industry. The industry median PB Ratio is 1.05. Fon SE's value of 0.63 is 40% below this benchmark. Historically, Fon SE's own PB Ratio has ranged from 0.10 to 20.25 over the past decade. While the company's 10-year median is 0.45 vs. the industry median of 1.05, Fon SE 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 Credit Services company?
The median PB Ratio among Credit Services companies is 1.05, based on 521 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. Fon SE's current PB Ratio of 0.63 is 40% 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 Fon SE and its competitors. For the Credit Services industry, the median PB Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fon SE's current PB Ratio is 0.63, which is 40% above median its own 10-year median of 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fon SE stock overvalued right now?
Based on GuruFocus' analysis, Fon SE (WAR:FON) is currently considered Possible Value Trap. The stock's GF Value™ is zł2.66, compared to a current price of zł1.80 — trading 32.3% below its estimated fair value. The current PB Ratio is 0.63, which is 40% above median its 10-year median of 0.45 and 40% below the Credit Services industry median of 1.05. Fon SE's overall GF Score™ is 70/100 with 3 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 Fon SE (WAR:FON), the current PB Ratio is 0.63 as of Jul. 05, 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 Fon SE (WAR:FON) Overvalued in 2026?
Based on GuruFocus' analysis, Fon SE stock appears to be undervalued.
The current stock price of zł1.80 is trading 32.3% below its estimated GF Value™ of zł2.66.
GuruFocus considers Fon SE to be Possible Value Trap.
Key valuation signals for WAR:FON:
PB Ratio: 0.63 (40% above median its 10-year median of 0.45)
GF Value™: zł2.66 vs. price of zł1.80 (32.3% below fair value)
Industry Position: 40% below the Credit Services median (#137 of 521)
No single metric tells the full story. See the WAR:FON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fon SE is engaged in financial activities and capital investments. The company offers medium-term cash loans to retail clients and small businesses and generates revenue through interest on loans granted. Geographically, it derives a majority of its revenue from its customers in Poland and the rest from Estonia.
70GF Score
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