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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.
Romerike Sparebank Price-to-Tangible-Book Related Terms
Romerike Sparebank Price-to-Tangible-Book Historical Data
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The historical data trend for Romerike Sparebank'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.
For the Banks - Regional subindustry, Romerike Sparebank'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.
Romerike Sparebank Price-to-Tangible-Book vs Banks Industry
For the Banks industry and Financial Services sector, Romerike Sparebank's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Romerike Sparebank's Price-to-Tangible-Book falls into.
* 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 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.
Romerike Sparebank (OSL:ROMER) has a Price-to-Tangible-Book of 0.18 as of Sep. 21, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Romerike Sparebank and its competitors. According to the industry distribution chart, Romerike Sparebank ranks #24 out of 1493 companies in the Banks industry, placing it in the top 1.6%.
Is Romerike Sparebank's Price-to-Tangible-Book too high?
Romerike Sparebank's current Price-to-Tangible-Book is 0.18. The Banks industry median Price-to-Tangible-Book is 1.19. Romerike Sparebank's value of 0.18 is 84.9% below this industry median. Based on the distribution chart, Romerike Sparebank ranks #24 out of 1493 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Romerike Sparebank has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Romerike Sparebank's Price-to-Tangible-Book compare to competitors?
According to the Banks industry distribution chart, Romerike Sparebank ranks #24 out of 1493 companies for Price-to-Tangible-Book. This places Romerike Sparebank in the top 2% of its industry — outperforming the majority of peers. The industry median Price-to-Tangible-Book is 1.19. Romerike Sparebank's value of 0.18 is 84.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a Banks company?
The median Price-to-Tangible-Book among Banks companies is 1.19, based on 1,493 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Romerike Sparebank's current Price-to-Tangible-Book of 0.18 is 84.9% 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Romerike Sparebank and its competitors. For the Banks industry, the median Price-to-Tangible-Book is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Romerike Sparebank's current Price-to-Tangible-Book is 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Romerike Sparebank stock overvalued right now?
Based on GuruFocus' analysis, Romerike Sparebank (OSL:ROMER) is currently considered Fairly Valued. The stock's GF Value™ is kr141.38, compared to a current price of kr148.68 — trading 5.2% above its estimated fair value. The current Price-to-Tangible-Book is 0.18 and 84.9% below the Banks industry median of 1.19. Romerike Sparebank's overall GF Score™ is 53/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Romerike Sparebank (OSL:ROMER), the current Price-to-Tangible-Book is 0.18 as of Sep. 21, 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 Romerike Sparebank (OSL:ROMER) Overvalued in 2026?
Based on GuruFocus' analysis, Romerike Sparebank stock appears to be overvalued.
The current stock price of kr148.68 is trading 5.2% above its estimated GF Value™ of kr141.38.
GuruFocus considers Romerike Sparebank to be Fairly Valued.
Key valuation signals for OSL:ROMER:
Price-to-Tangible-Book: 0.18
GF Value™: kr141.38 vs. price of kr148.68 (5.2% above fair value)
Industry Position: 84.9% below the Banks median (#24 of 1493)
No single metric tells the full story. See the OSL:ROMER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Romerike Sparebank is a local bank that provides banking and financial services in Norway. It provides services of Daily banking, Insurance, Loans, Savings and Retitement.
53GF Score
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Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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