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.
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.
The historical rank and industry rank for NIBE Industrier AB's Price-to-Tangible-Book or its related term are showing as below:
XSWX:NIBEB'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 31.42 Med: 55.33 Max: 885.2
Current: 53.49
During the past 13 years, NIBE Industrier AB's highest Price to Tangible Book Ratio was 885.20. The lowest was 31.42. And the median was 55.33.
XSWX:NIBEB's Price-to-Tangible-Book is ranked worse than 98.56% of 1601
companies
in the Construction industry
Industry Median: 1.45
vs XSWX:NIBEB: 53.49
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.
NIBE Industrier AB Price-to-Tangible-Book Related Terms
NIBE Industrier AB Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for NIBE Industrier 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.
XSWX:NIBEB vs TT, JCI, CARR: Price-to-Tangible-Book Comparison
For the Building Products & Equipment subindustry, NIBE Industrier 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.
NIBE Industrier AB Price-to-Tangible-Book vs Construction Industry
For the Construction industry and Industrials sector, NIBE Industrier AB's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where NIBE Industrier AB'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.
NIBE Industrier AB (XSWX:NIBEB) has a Price-to-Tangible-Book of 52.73 as of Sep. 06, 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 NIBE Industrier AB and its competitors. According to the industry distribution chart, NIBE Industrier AB ranks #1578 out of 1601 companies in the Construction industry, placing it in the top 98.6%.
Is NIBE Industrier AB's Price-to-Tangible-Book too high?
NIBE Industrier AB's current Price-to-Tangible-Book is 52.73. The Construction industry median Price-to-Tangible-Book is 1.45. NIBE Industrier AB's value of 52.73 is 3536.6% above this industry median. Based on the distribution chart, NIBE Industrier AB ranks #1578 out of 1601 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, NIBE Industrier AB has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NIBE Industrier AB's Price-to-Tangible-Book compare to TT and JCI?
According to the Construction industry distribution chart, NIBE Industrier AB ranks #1578 out of 1601 companies for Price-to-Tangible-Book. This places NIBE Industrier AB in the lower half of its industry. The industry median Price-to-Tangible-Book is 1.45. NIBE Industrier AB's value of 52.73 is 3536.6% above 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 Construction company?
The median Price-to-Tangible-Book among Construction companies is 1.45, based on 1,601 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. NIBE Industrier AB's current Price-to-Tangible-Book of 52.73 is 3536.6% 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 NIBE Industrier AB and its competitors. For the Construction industry, the median Price-to-Tangible-Book is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NIBE Industrier AB's current Price-to-Tangible-Book is 52.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIBE Industrier AB stock overvalued right now?
Based on GuruFocus' analysis, NIBE Industrier AB (XSWX:NIBEB) is currently considered Fairly Valued. The stock's GF Value™ is CHF3.64, compared to a current price of CHF3.74 — trading 2.9% above its estimated fair value. The current Price-to-Tangible-Book is 52.73 and 3536.6% above the Construction industry median of 1.45. NIBE Industrier AB's overall GF Score™ is 87/100 with 8 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 NIBE Industrier AB (XSWX:NIBEB), the current Price-to-Tangible-Book is 52.73 as of Sep. 06, 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 NIBE Industrier AB (XSWX:NIBEB) Overvalued in 2026?
Based on GuruFocus' analysis, NIBE Industrier AB stock appears to be overvalued.
The current stock price of CHF3.74 is trading 2.9% above its estimated GF Value™ of CHF3.64.
GuruFocus considers NIBE Industrier AB to be Fairly Valued.
Key valuation signals for XSWX:NIBEB:
Price-to-Tangible-Book: 52.73
GF Value™: CHF3.64 vs. price of CHF3.74 (2.9% above fair value)
Industry Position: 3536.6% above the Construction median (#1578 of 1601)
No single metric tells the full story. See the XSWX:NIBEB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NIBE Industrier AB manufactures and sells energy-efficient products for industrial and consumer use. The firm is organized into three segments by product type. The climate solutions segment, which generates the majority of revenue, sells HVAC systems and hot water heaters to homes, apartment buildings, and other large properties. The elements segment sells components and elements to multiple industries, including appliance manufacturers, home remodelers, energy, and automotive. The stoves segment sells energy-efficient stoves and chimney systems to residential and commercial customers. The vast majority of revenue comes from Europe.
87GF Score
Get the complete analysis for XSWX:NIBEB
Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XSWX:NIBEB has been successfully added to your 
