SP Group AS (FRA:1PU2) ROE % Adjusted to Book Value: 10.19% (As of Mar. 2026)

Author:

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.

View Profile →

Reviewed by:

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.

View Profile →

What is SP Group AS ROE % Adjusted to Book Value?

SP Group AS FRA:1PU2 -0.33% 94 ROE % Adjusted to Book Value is 10.19% as of Mar. 2026. GuruFocus rates FRA:1PU2 with a GF Score™ of 94/100 and a GF Value™ of €42.45. The stock has 8 warning signs investors should review.

SP Group AS's ROE % for the quarter that ended in Mar. 2026 was 21.60%. SP Group AS's PB Ratio for the quarter that ended in Mar. 2026 was 2.12. SP Group AS's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 10.19%.

SP Group AS ROE % Adjusted to Book Value Related Terms

SP Group AS ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for SP Group AS's ROE % Adjusted to Book Value 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.

SP Group AS ROE % Adjusted to Book Value Chart

SP Group AS Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROE % Adjusted to Book Value

Get a 7-Day Free Trial

4.04

7.44

6.65

8.00

7.05

SP Group AS Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROE % Adjusted to Book Value	Get a 7-Day Free Trial															9.68	5.51	5.15	9.20	10.19

FRA:1PU2 vs LIN, SHW, ECL: ROE % Adjusted to Book Value Comparison

For the Specialty Chemicals subindustry, SP Group AS's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.

SP Group AS ROE % Adjusted to Book Value vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, SP Group AS's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where SP Group AS's ROE % Adjusted to Book Value falls into.

Save Embed

94GF Score

SP Group AS FRA:1PU2

ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

SP Group AS ROE % Adjusted to Book Value Calculation

SP Group AS's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	15.16%	/	2.15
	=	7.05%

SP Group AS's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	21.60%	/	2.12
	=	10.19%

Frequently Asked Questions Learn more about ROE % Adjusted to Book Value →

What does a ROE % Adjusted to Book Value of 10.19% mean?

SP Group AS (FRA:1PU2) has a ROE % Adjusted to Book Value of 10.19% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on SP Group AS and its competitors.

Is SP Group AS's ROE % Adjusted to Book Value too high?

SP Group AS's current ROE % Adjusted to Book Value is 10.19%. Overall, SP Group AS has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.

How does SP Group AS's ROE % Adjusted to Book Value compare to LIN and SHW?

SP Group AS's ROE % Adjusted to Book Value of 10.19% can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROE % Adjusted to Book Value for a Chemicals company?

A good ROE % Adjusted to Book Value depends on the Chemicals industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high ROE % Adjusted to Book Value mean?

A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on SP Group AS and its competitors. SP Group AS's current ROE % Adjusted to Book Value is 10.19%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is SP Group AS stock overvalued right now?

SP Group AS (FRA:1PU2) has a current ROE % Adjusted to Book Value of 10.19%. The stock's GF Value™ is €42.45, compared to a current price of €60.20 — trading 41.8% above its estimated fair value. The current ROE % Adjusted to Book Value is 10.19%. SP Group AS's overall GF Score™ is 94/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROE % Adjusted to Book Value calculated?

ROE % Adjusted to Book Value is calculated from a company's financial statements. For SP Group AS (FRA:1PU2), the current ROE % Adjusted to Book Value is 10.19% as of Mar. 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 SP Group AS (FRA:1PU2) Overvalued in 2026?

Based on GuruFocus' analysis, SP Group AS stock appears to be overvalued. The current stock price of €60.20 is trading 41.8% above its estimated GF Value™ of €42.45.

Key valuation signals for FRA:1PU2:

ROE % Adjusted to Book Value: 10.19%
GF Value™: €42.45 vs. price of €60.20 (41.8% above fair value)
GF Score™: 94/100 with 8 warning signs

No single metric tells the full story. See the FRA:1PU2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

SP Group AS Business Description

Industry Basic Materials Chemicals

Comparable Companies OCSE:FLUG B OCSE:HOVE LIN XPAR:AI SHW ECL APD SHSE:603256 XSWX:GIVN TPE:1303 XSWX:SIKA SHSE:600309 SHSE:688146 OCSE:NSIS B PPG BOM:500820 XAMS:DSFIR XSGO:SQM-B ADX:BOROUGE XSWX:EMSN

Other Exchanges SPG:Denmark

Address Snavevej 6-10, Sonderso, DNK, 5471

Website https://www.sp-group.com

SP Group AS develops and manufactures solutions in plastics using multiple production technologies. It is a supplier of manufactured plastic products for the manufacturing industries. Its solutions include 3D print, Assembly, Blow Moulding, Injection Moulding, , Precision Plastic Machining, among others. Its segments include Denmark, Norway, Sweden, Finland, Latvia, Slovakia, The Netherlands, Poland, North America, China, and Thailand, with Denmark generating the majority of the revenue.

94GF Score

Get the complete analysis for FRA:1PU2

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

€60.20

Price

€42.45

GF Value

View FRA:1PU2 Analysis

See ROE % Adjusted to Book Value data for all stocks →