RTOBF (Ratos AB) Price-to-Tangible-Book: 4.19 (As of Jul. 21, 2026) — 47% Below Median

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.

RTOBF Ratos AB RTOBF
56 GF Score
Price $3.42
GF Value $2.59
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Ratos AB Price-to-Tangible-Book?

Ratos AB RTOBF 56 Price-to-Tangible-Book is 4.19 as of Jul. 21, 2026, which is 47% below its 10-year median of 7.93. GuruFocus rates RTOBF with a GF Score™ of 56/100 and a GF Value™ of $2.59 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,591 Construction companies, Ratos AB ranks worse than 84.92% on this metric.

As of today (2026-07-21), Ratos AB's share price is $3.42. Ratos AB's Tangible Book per Share of Jun. 2026 for the quarter that ended in Jun. 2026 was $0.82. Hence, Ratos AB's Price to Tangible Book Ratio of today is 4.19.

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

RTOBF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.39   Med: 7.93   Max: 38.88
Current: 4.75

During the past 13 years, Ratos AB's highest Price to Tangible Book Ratio was 38.88. The lowest was 4.39. And the median was 7.93.

RTOBF's Price-to-Tangible-Book is ranked worse than
84.92% of 1591 companies
in the Construction industry
Industry Median: 1.43 vs RTOBF: 4.75

A closely related ratio is called PB Ratio. As of today, Ratos AB's share price is $3.42. Ratos AB's Book Value per Sharefor the quarter that ended in Jun. 2026 was $4.64. Hence, Ratos AB's P/B Ratio of today is 0.74.


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.


Ratos AB Price-to-Tangible-Book Related Terms


Ratos AB Price-to-Tangible-Book Historical Data

* Premium members only.

The historical data trend for Ratos AB'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.

Ratos AB Price-to-Tangible-Book Chart

Ratos AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.97 0.00 0.00 0.00 6.84

Ratos AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Price-to-Tangible-Book 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 9.38 6.65 6.84 8.30 4.19

RTOBF vs PWR, FIX, EME: Price-to-Tangible-Book Comparison

For the Engineering & Construction subindustry, Ratos AB'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.


Ratos AB Price-to-Tangible-Book vs Construction Industry

For the Construction industry and Industrials sector, Ratos AB's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Ratos AB's Price-to-Tangible-Book falls into.


RTOBF
56GF Score
Ratos AB RTOBF
Price-to-Tangible-Book is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ratos AB Price-to-Tangible-Book Calculation

Ratos AB's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2026 )
=3.42/0.817
=4.19

* 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.

Frequently Asked Questions Learn more about Price-to-Tangible-Book →
What does a Price-to-Tangible-Book of 4.19 mean?
Ratos AB (RTOBF) has a Price-to-Tangible-Book of 4.19 as of Jul. 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 Ratos AB and its competitors. This is 47% below median its historical median of 7.93. Over the past decade, Ratos AB's Price-to-Tangible-Book has ranged from 4.39 to 38.88. According to the industry distribution chart, Ratos AB ranks #1351 out of 1591 companies in the Construction industry, placing it in the top 84.9%.
Is Ratos AB's Price-to-Tangible-Book too high?
Ratos AB's current Price-to-Tangible-Book of 4.19 is 47% below median its 10-year median of 7.93. Over the past 10 years, this metric has ranged from a low of 4.39 to a high of 38.88. The Construction industry median Price-to-Tangible-Book is 1.43. Ratos AB's value of 4.19 is 193% above this industry median. Based on the distribution chart, Ratos AB ranks #1351 out of 1591 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Ratos AB has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ratos AB's Price-to-Tangible-Book compare to PWR and FIX?
According to the Construction industry distribution chart, Ratos AB ranks #1351 out of 1591 companies for Price-to-Tangible-Book. This places Ratos AB in the lower half of its industry. The industry median Price-to-Tangible-Book is 1.43. Ratos AB's value of 4.19 is 193% above this benchmark. Historically, Ratos AB's own Price-to-Tangible-Book has ranged from 4.39 to 38.88 over the past decade. While the company's 10-year median is 7.93 vs. the industry median of 1.43, Ratos 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 Price-to-Tangible-Book for a Construction company?
The median Price-to-Tangible-Book among Construction companies is 1.43, based on 1,591 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. Ratos AB's current Price-to-Tangible-Book of 4.19 is 193% 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 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 Ratos AB and its competitors. For the Construction industry, the median Price-to-Tangible-Book is 1.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ratos AB's current Price-to-Tangible-Book is 4.19, which is 47% below median its own 10-year median of 7.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ratos AB stock overvalued right now?
Based on GuruFocus' analysis, Ratos AB (RTOBF) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.59, compared to a current price of $3.42 — trading 32% above its estimated fair value. The current Price-to-Tangible-Book is 4.19, which is 47% below median its 10-year median of 7.93 and 193% above the Construction industry median of 1.43. Ratos AB's overall GF Score™ is 56/100 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 Ratos AB (RTOBF), the current Price-to-Tangible-Book is 4.19 as of Jul. 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 Ratos AB (RTOBF) Overvalued in 2026?

Based on GuruFocus' analysis, Ratos AB stock appears to be overvalued. The current stock price of $3.42 is trading 32% above its estimated GF Value™ of $2.59. GuruFocus considers Ratos AB to be Significantly Overvalued.

Key valuation signals for RTOBF:

  • Price-to-Tangible-Book: 4.19 (47% below median its 10-year median of 7.93)
  • GF Value™: $2.59 vs. price of $3.42 (32% above fair value)
  • GF Score™: 56/100 with 3 warning signs
  • Industry Position: 193% above the Construction median (#1351 of 1591)

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


Ratos AB Business Description

Address Sturegatan 10, Box 511, Stockholm, SWE, SE-114 11
Ratos AB is an investment company that owns and develops unlisted medium-and small-sized Nordic companies. The company focuses on technological and infrastructure solutions and comprises two business segment; Construction & Services and Consumer. Majority of the revenue is generated from its Construction & Services segment which predominantly includes maintenance of infrastructure within railway, road, energy solutions, and construction of new critical buildings such as hospitals, schools, police stations and governmental buildings in the Nordics. Geographically, the company generates majority of its revenue from Norway and rest from Sweden and other regions.
56GF Score

Get the complete analysis for RTOBF

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

$3.42
Price
$2.59
GF Value