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Norden Estates ABXSAT:NORDEN +10.26%3 PB Ratio is 1.18 as of Aug. 04, 2026, which is 25% below its 10-year median of 1.57. GuruFocus rates XSAT:NORDEN with a GF Score™ of 3/100. The stock has 3 warning signs investors should review. Among 1,711 Real Estate companies, Norden Estates AB ranks worse than 65.75% on this metric.
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.
Norden Estates AB PB Ratio Related Terms
Norden Estates AB PB Ratio Historical Data
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The historical data trend for Norden Estates 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.
XSAT:NORDEN vs CBRE, BEKE, JLL: PB Ratio Comparison
For the Real Estate Services subindustry, Norden Estates 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.
Norden Estates AB PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Norden Estates AB's PB Ratio distribution charts can be found below:
* The bar in red indicates where Norden Estates AB'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.
* 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.
Norden Estates AB (XSAT:NORDEN) has a PB Ratio of 1.18 as of Aug. 04, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Norden Estates AB and its competitors. This is 25% below median its historical median of 1.57. Over the past decade, Norden Estates AB's PB Ratio has ranged from 0.85 to 4.08. According to the industry distribution chart, Norden Estates AB ranks #1125 out of 1711 companies in the Real Estate industry, placing it in the top 65.8%.
Is Norden Estates AB's PB Ratio too high?
Norden Estates AB's current PB Ratio of 1.18 is 25% below median its 10-year median of 1.57. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 4.08. The Real Estate industry median PB Ratio is 0.81. Norden Estates AB's value of 1.18 is 45.7% above this industry median. Based on the distribution chart, Norden Estates AB ranks #1125 out of 1711 companies in the Real Estate industry, which is below the industry midpoint. Overall, Norden Estates AB has a GF Score™ of 3/100, reflecting its overall financial health beyond just this single metric.
How does Norden Estates AB's PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Norden Estates AB ranks #1125 out of 1711 companies for PB Ratio. This places Norden Estates AB in the lower half of its industry. The industry median PB Ratio is 0.81. Norden Estates AB's value of 1.18 is 45.7% above this benchmark. Historically, Norden Estates AB's own PB Ratio has ranged from 0.85 to 4.08 over the past decade. While the company's 10-year median is 1.57 vs. the industry median of 0.81, Norden Estates 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.81, based on 1,711 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. Norden Estates AB's current PB Ratio of 1.18 is 45.7% 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 Norden Estates AB and its competitors. For the Real Estate industry, the median PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norden Estates AB's current PB Ratio is 1.18, which is 25% below median its own 10-year median of 1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norden Estates AB stock overvalued right now?
Norden Estates AB (XSAT:NORDEN) has a current PB Ratio of 1.18. The current PB Ratio is 1.18, which is 25% below median its 10-year median of 1.57 and 45.7% above the Real Estate industry median of 0.81. Norden Estates AB's overall GF Score™ is 3/100 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 Norden Estates AB (XSAT:NORDEN), the current PB Ratio is 1.18 as of Aug. 04, 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.
Norden Estates AB is engaged in managing real estate, conducting consulting activities regarding property management, financing, and sustainability with a focus on energy systems and material selection, and engages in securities trading. The company offers comprehensive solutions in property development, energy technology, and digital optimization. The company provides sustainable, energy-efficient, and cost-effective properties that drive development towards a greener future.
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