Netum Group Oyj (OHEL:NETUM) Price-to-Tangible-Book: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
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.

OHEL:NETUM Netum Group Oyj OHEL:NETUM
56 GF Score
Price €0.70
GF Value €1.95
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Netum Group Oyj Price-to-Tangible-Book?

As of today (2026-09-22), Netum Group Oyj's share price is €0.698. Netum Group Oyj's Tangible Book per Share of Jun. 2026 for the quarter that ended in Jun. 2026 was €-0.74. Hence, Netum Group Oyj's Price to Tangible Book Ratio of today is .

The historical rank and industry rank for Netum Group Oyj's Price-to-Tangible-Book or its related term are showing as below:

During the past 7 years, Netum Group Oyj's highest Price to Tangible Book Ratio was 96.15. The lowest was 8.82. And the median was 52.49.

OHEL:NETUM's Price-to-Tangible-Book is not ranked *
in the Software industry.
Industry Median: 3.37
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Netum Group Oyj's share price is €0.698. Netum Group Oyj's Book Value per Sharefor the quarter that ended in Jun. 2026 was €1.18. Hence, Netum Group Oyj's P/B Ratio of today is 0.59.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Netum Group Oyj Price-to-Tangible-Book Related Terms

Netum Group Oyj Price-to-Tangible-Book Historical Data

* Premium members only.

The historical data trend for Netum Group Oyj's Price-to-Tangible-Book 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.

Netum Group Oyj Price-to-Tangible-Book Chart

Netum Group Oyj Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Price-to-Tangible-Book
Get a 7-Day Free Trial - 96.15 - - -

Netum Group Oyj Semi-Annual Data
Jun20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

OHEL:NETUM vs IBM, ACN, CTSH: Price-to-Tangible-Book Comparison

For the Information Technology Services subindustry, Netum Group Oyj's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

Netum Group Oyj Price-to-Tangible-Book vs Software Industry

For the Software industry and Technology sector, Netum Group Oyj's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Netum Group Oyj's Price-to-Tangible-Book falls into.


OHEL:NETUM
56GF Score
Netum Group Oyj OHEL:NETUM
Price-to-Tangible-Book is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Netum Group Oyj Price-to-Tangible-Book Calculation

Netum Group Oyj's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2026 )
=0.698/-0.736
=

* 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:

Price to Tangible Book=Market Cap/Tangible Equity
=Market Cap/(Total Stockholders Equity-Preferred Stock-Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Is Netum Group Oyj (OHEL:NETUM) Overvalued in 2026?

Based on GuruFocus' analysis, Netum Group Oyj stock appears to be undervalued. The current stock price of €0.70 is trading 64.2% below its estimated GF Value™ of €1.95. GuruFocus considers Netum Group Oyj to be Possible Value Trap.

Key valuation signals for OHEL:NETUM:

  • Price-to-Tangible-Book:
  • GF Value™: €1.95 vs. price of €0.70 (64.2% below fair value)
  • GF Score™: 56/100 with 8 warning signs

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

Netum Group Oyj Business Description

Address Yliopistonkatu 58 B, Tampere, FIN, 33100
Netum Group Oyj is a fast-growing information technology service house. The company serves public administration and corporate customers with the legacy of digi concept, which combines existing traditional information technology solutions with the latest digital applications. Netum's services include digital services development, system continuity services, data and analysis services, integration services, cyber security services, and management consulting services.
56GF Score

Get the complete analysis for OHEL:NETUM

Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.70
Price
€1.95
GF Value