NFO Drives AB (XSAT:NFO) PB Ratio: 2.34 (As of Jul. 14, 2026) — 44% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XSAT:NFO NFO Drives AB XSAT:NFO
55 GF Score
Price kr6.55
GF Value kr9.41
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is NFO Drives AB PB Ratio?

NFO Drives AB XSAT:NFO -6.43% 55 PB Ratio is 2.34 as of Jul. 14, 2026, which is 44% below its 10-year median of 4.18. GuruFocus rates XSAT:NFO with a GF Score™ of 55/100 and a GF Value™ of kr9.41 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,421 Hardware companies, NFO Drives AB ranks worse than 50.68% 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 (2026-07-14), NFO Drives AB's share price is kr6.55. NFO Drives AB's Book Value per Share for the quarter that ended in Jun. 2026 was kr2.80. Hence, NFO Drives AB's PB Ratio of today is 2.34.

The historical rank and industry rank for NFO Drives AB's PB Ratio or its related term are showing as below:

XSAT:NFO' s PB Ratio Range Over the Past 10 Years
Min: 2.09   Med: 4.18   Max: 6.38
Current: 2.34

During the past 13 years, NFO Drives AB's highest PB Ratio was 6.38. The lowest was 2.09. And the median was 4.18.

XSAT:NFO's PB Ratio is ranked worse than
50.68% of 2421 companies
in the Hardware industry
Industry Median: 2.29 vs XSAT:NFO: 2.34

During the past 12 months, NFO Drives AB's average Book Value Per Share Growth Rate was -31.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -25.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -9.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -7.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of NFO Drives AB was 21.00% per year. The lowest was -25.00% per year. And the median was -5.30% per year.

Back to Basics: PB Ratio


NFO Drives AB  (XSAT:NFO) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


NFO Drives AB PB Ratio Related Terms


NFO Drives AB PB Ratio Historical Data

* Premium members only.

The historical data trend for NFO Drives AB'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.

NFO Drives AB PB Ratio Chart

NFO Drives AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.39 5.10 4.63 5.58 3.51

NFO Drives AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.13 4.25 3.51 2.85 2.36

XSAT:NFO vs COHR, KEYS, GRMN: PB Ratio Comparison

For the Scientific & Technical Instruments subindustry, NFO Drives AB'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.


NFO Drives AB PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, NFO Drives AB's PB Ratio distribution charts can be found below:

* The bar in red indicates where NFO Drives AB's PB Ratio falls into.


XSAT:NFO
55GF Score
NFO Drives AB XSAT:NFO
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NFO Drives AB PB Ratio Calculation

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.

NFO Drives AB's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=6.55/2.798
=2.34

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 2.34 mean?
NFO Drives AB (XSAT:NFO) has a PB Ratio of 2.34 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on NFO Drives AB and its competitors. This is 44% below median its historical median of 4.18. Over the past decade, NFO Drives AB's PB Ratio has ranged from 2.09 to 6.38. According to the industry distribution chart, NFO Drives AB ranks #1227 out of 2421 companies in the Hardware industry, placing it in the top 50.7%.
Is NFO Drives AB's PB Ratio too high?
NFO Drives AB's current PB Ratio of 2.34 is 44% below median its 10-year median of 4.18. Over the past 10 years, this metric has ranged from a low of 2.09 to a high of 6.38. The Hardware industry median PB Ratio is 2.29. NFO Drives AB's value of 2.34 is 2.2% above this industry median. Based on the distribution chart, NFO Drives AB ranks #1227 out of 2421 companies in the Hardware industry, which is below the industry midpoint. Overall, NFO Drives AB has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does NFO Drives AB's PB Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, NFO Drives AB ranks #1227 out of 2421 companies for PB Ratio. This places NFO Drives AB in the lower half of its industry. The industry median PB Ratio is 2.29. NFO Drives AB's value of 2.34 is 2.2% above this benchmark. Historically, NFO Drives AB's own PB Ratio has ranged from 2.09 to 6.38 over the past decade. While the company's 10-year median is 4.18 vs. the industry median of 2.29, NFO Drives AB 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 2.29, based on 2,421 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. NFO Drives AB's current PB Ratio of 2.34 is 2.2% 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 NFO Drives AB and its competitors. For the Hardware industry, the median PB Ratio is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NFO Drives AB's current PB Ratio is 2.34, which is 44% below median its own 10-year median of 4.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NFO Drives AB stock overvalued right now?
Based on GuruFocus' analysis, NFO Drives AB (XSAT:NFO) is currently considered Possible Value Trap. The stock's GF Value™ is kr9.41, compared to a current price of kr6.55 — trading 30.4% below its estimated fair value. The current PB Ratio is 2.34, which is 44% below median its 10-year median of 4.18 and 2.2% above the Hardware industry median of 2.29. NFO Drives AB's overall GF Score™ is 55/100 with 2 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 NFO Drives AB (XSAT:NFO), the current PB Ratio is 2.34 as of Jul. 14, 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 NFO Drives AB (XSAT:NFO) Overvalued in 2026?

Based on GuruFocus' analysis, NFO Drives AB stock appears to be undervalued. The current stock price of kr6.55 is trading 30.4% below its estimated GF Value™ of kr9.41. GuruFocus considers NFO Drives AB to be Possible Value Trap.

Key valuation signals for XSAT:NFO:

  • PB Ratio: 2.34 (44% below median its 10-year median of 4.18)
  • GF Value™: kr9.41 vs. price of kr6.55 (30.4% below fair value)
  • GF Score™: 55/100 with 2 warning signs
  • Industry Position: 2.2% above the Hardware median (#1227 of 2421)

No single metric tells the full story. See the XSAT:NFO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NFO Drives AB Business Description

Address Tubba Square 5, Karlshamn, SWE, 37432
NFO Drives AB is a technology company. The group is engaged in the development, manufacture, and marketing of NFO Sinus frequency inverters that are used to regulate the RPM of electric motors. Its product is used to control the speed of electric motors in machines, fans, and pumps. The company products are used in residential properties, industry, agricultural environment and hospital.
55GF Score

Get the complete analysis for XSAT:NFO

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr6.55
Price
kr9.41
GF Value