PhotoCure ASA (FRA:PHS) ROE % Adjusted to Book Value: 25.39% (As of Mar. 2026)


FRA:PHS PhotoCure ASA FRA:PHS
73 GF Score
Price €5.19
GF Value €6.33
Valuation Modestly Undervalued
! 1 Warning Sign
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What is PhotoCure ASA ROE % Adjusted to Book Value?

PhotoCure ASA FRA:PHS -1.32% 73 ROE % Adjusted to Book Value is 25.39% as of Mar. 2026. GuruFocus rates FRA:PHS with a GF Score™ of 73/100 and a GF Value™ of €6.33 (Modestly Undervalued). The stock has 1 warning sign investors should review.

PhotoCure ASA's ROE % for the quarter that ended in Mar. 2026 was 64.49%. PhotoCure ASA's PB Ratio for the quarter that ended in Mar. 2026 was 2.54. PhotoCure ASA's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 25.39%.


PhotoCure ASA ROE % Adjusted to Book Value Related Terms


PhotoCure ASA ROE % Adjusted to Book Value Historical Data

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The historical data trend for PhotoCure ASA'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.

PhotoCure ASA ROE % Adjusted to Book Value Chart

PhotoCure ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.13 -2.38 0.05 -0.20 -0.08

PhotoCure ASA 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 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 -0.62 1.41 1.03 -1.70 25.39

FRA:PHS vs ZTS, UTHR, VTRS: ROE % Adjusted to Book Value Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, PhotoCure ASA'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.


PhotoCure ASA ROE % Adjusted to Book Value vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, PhotoCure ASA's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where PhotoCure ASA's ROE % Adjusted to Book Value falls into.


FRA:PHS
73GF Score
PhotoCure ASA FRA:PHS
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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PhotoCure ASA ROE % Adjusted to Book Value Calculation

PhotoCure ASA'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
=-0.31% / 3.82
=-0.08%

PhotoCure ASA'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
=64.49% / 2.54
=25.39%

* 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.

What does a ROE % Adjusted to Book Value of 25.39% mean?
PhotoCure ASA (FRA:PHS) has a ROE % Adjusted to Book Value of 25.39% 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 PhotoCure ASA and its competitors.
Is PhotoCure ASA's ROE % Adjusted to Book Value too high?
PhotoCure ASA's current ROE % Adjusted to Book Value is 25.39%. Overall, PhotoCure ASA has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PhotoCure ASA's ROE % Adjusted to Book Value compare to ZTS and UTHR?
PhotoCure ASA's ROE % Adjusted to Book Value of 25.39% can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good ROE % Adjusted to Book Value depends on the Drug Manufacturers 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 PhotoCure ASA and its competitors. PhotoCure ASA's current ROE % Adjusted to Book Value is 25.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PhotoCure ASA stock overvalued right now?
Based on GuruFocus' analysis, PhotoCure ASA (FRA:PHS) is currently considered Modestly Undervalued. The stock's GF Value™ is €6.33, compared to a current price of €5.19 — trading 18% below its estimated fair value. The current ROE % Adjusted to Book Value is 25.39%. PhotoCure ASA's overall GF Score™ is 73/100 with 1 warning sign 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 PhotoCure ASA (FRA:PHS), the current ROE % Adjusted to Book Value is 25.39% 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 PhotoCure ASA (FRA:PHS) Overvalued in 2026?

Based on GuruFocus' analysis, PhotoCure ASA stock appears to be undervalued. The current stock price of €5.19 is trading 18% below its estimated GF Value™ of €6.33. GuruFocus considers PhotoCure ASA to be Modestly Undervalued.

Key valuation signals for FRA:PHS:

  • ROE % Adjusted to Book Value: 25.39%
  • GF Value™: €6.33 vs. price of €5.19 (18% below fair value)
  • GF Score™: 73/100 with 1 warning sign

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


PhotoCure ASA Business Description

Address Hoffsveien 4, Oslo, NOR, 0275
PhotoCure ASA is a Norway-based business group associated with the research, development, production, distribution, marketing, and sales of pharmaceutical products and specialty pharmaceutical companies. The technology platform of the company is focused on the field of photodynamic diagnosis and treatment of cancer. The company has two operating segments of the group the Commercial franchise and the Development portfolio. It generates prime revenue from the Commercial franchise segment, which includes Hexvix and Cysview products. Its geographical segments are Nordic countries, Germany, France, Austria, the United Kingdom, BeNeLux, Italy, Other European countries, Canada, and the United States.
73GF Score

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

€5.19
Price
€6.33
GF Value