Havas NVXAMS:HAVAS +1.13%18 PB Ratio is 0.97 as of Jul. 02, 2026, which is 20% above its 10-year median of 0.81. GuruFocus rates XAMS:HAVAS with a GF Score™ of 18/100. The stock has 7 warning signs investors should review. Among 926 Media - Diversified companies, Havas NV ranks better than 62.74% 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 (2026-07-02), Havas NV's share price is €17.85. Havas NV's Book Value per Share for the quarter that ended in Dec. 2025 was €18.46. Hence, Havas NV's PB Ratio of today is 0.97.
Warning Sign:
Havas NV stock PB Ratio (=0.96) is close to 2-year high of 0.96.
The historical rank and industry rank for Havas NV's PB Ratio or its related term are showing as below:
XAMS:HAVAS'
s PB Ratio Range Over the Past 10 Years
Min: 0.63 Med: 0.81 Max: 0.97
Current: 0.97
During the past 6 years, Havas NV's highest PB Ratio was 0.97. The lowest was 0.63. And the median was 0.81.
XAMS:HAVAS's PB Ratio is ranked better than 62.74% of 926
companies
in the Media - Diversified industry
Industry Median: 1.28
vs XAMS:HAVAS: 0.97
During the past 12 months, Havas NV's average Book Value Per Share Growth Rate was -2.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -0.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.30% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Havas NV was 7.40% per year. The lowest was -0.60% per year. And the median was 3.40% 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.
Havas NV PB Ratio Related Terms
Havas NV PB Ratio Historical Data
* Premium members only.
The historical data trend for Havas NV'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 Advertising Agencies subindustry, Havas NV'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.
Havas NV PB Ratio vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Havas NV's PB Ratio distribution charts can be found below:
* The bar in red indicates where Havas NV'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.
Havas NV'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.
Havas NV (XAMS:HAVAS) has a PB Ratio of 0.97 as of Jul. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Havas NV and its competitors. This is 20% above median its historical median of 0.81. Over the past decade, Havas NV's PB Ratio has ranged from 0.63 to 0.97. According to the industry distribution chart, Havas NV ranks #345 out of 926 companies in the Media - Diversified industry, placing it in the top 37.3%.
Is Havas NV's PB Ratio too high?
Havas NV's current PB Ratio of 0.97 is 20% above median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 0.97. The Media - Diversified industry median PB Ratio is 1.28. Havas NV's value of 0.97 is 24.2% below this industry median. Based on the distribution chart, Havas NV ranks #345 out of 926 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Havas NV has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Havas NV's PB Ratio compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Havas NV ranks #345 out of 926 companies for PB Ratio. This puts Havas NV in the upper half of its industry. The industry median PB Ratio is 1.28. Havas NV's value of 0.97 is 24.2% below this benchmark. Historically, Havas NV's own PB Ratio has ranged from 0.63 to 0.97 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 1.28, Havas NV 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 Media - Diversified company?
The median PB Ratio among Media - Diversified companies is 1.28, based on 926 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. Havas NV's current PB Ratio of 0.97 is 24.2% 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 Havas NV and its competitors. For the Media - Diversified industry, the median PB Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Havas NV's current PB Ratio is 0.97, which is 20% above median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Havas NV stock overvalued right now?
Havas NV (XAMS:HAVAS) has a current PB Ratio of 0.97. The current PB Ratio is 0.97, which is 20% above median its 10-year median of 0.81 and 24.2% below the Media - Diversified industry median of 1.28. Havas NV's overall GF Score™ is 18/100 with 7 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 Havas NV (XAMS:HAVAS), the current PB Ratio is 0.97 as of Jul. 02, 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.
Havas NV is a communications group providing integrated advertising, media, and healthcare-focused communication services. Its has three business lines: (i) Havas Creative, which delivers creative services, from advertising, brand strategy and business transformation to digital and social media solutions as well as public relations and events; (ii) Havas Media, which is dedicated to delivering comprehensive media experiences, through media planning and buying, fan engagement, retail media and e-commerce, as well as data analytics services to optimize client advertising investments; and (iii) Havas Health, which focuses on healthcare and wellness communications, providing specialized marketing services to pharmaceutical companies. The majority of revenue is derived from Havas Creative.
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