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Gigantelmon AS (OSL:GIGA) PB Ratio : 2.19 (As of May. 13, 2024)


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What is Gigantelmon AS PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-13), Gigantelmon AS's share price is kr7.86. Gigantelmon AS's Book Value per Share for the quarter that ended in Mar. 2024 was kr3.59. Hence, Gigantelmon AS's PB Ratio of today is 2.19.

Good Sign:

Gigante Salmon AS stock PB Ratio (=2.19) is close to 2-year low of 2.19

The historical rank and industry rank for Gigantelmon AS's PB Ratio or its related term are showing as below:

OSL:GIGA' s PB Ratio Range Over the Past 10 Years
Min: 2.19   Med: 3.33   Max: 4.53
Current: 2.19

During the past 5 years, Gigantelmon AS's highest PB Ratio was 4.53. The lowest was 2.19. And the median was 3.33.

OSL:GIGA's PB Ratio is ranked worse than
66.04% of 1796 companies
in the Consumer Packaged Goods industry
Industry Median: 1.55 vs OSL:GIGA: 2.19

During the past 12 months, Gigantelmon AS's average Book Value Per Share Growth Rate was 36.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 80.30% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Gigantelmon AS was 407.90% per year. The lowest was 80.30% per year. And the median was 244.10% per year.

Back to Basics: PB Ratio


Gigantelmon AS PB Ratio Historical Data

The historical data trend for Gigantelmon AS's PB Ratio 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.

* Premium members only.

Gigantelmon AS PB Ratio Chart

Gigantelmon AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
- - 1.90 3.06 2.90

Gigantelmon AS Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio 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 4.15 4.08 3.01 2.90 1.76

Competitive Comparison of Gigantelmon AS's PB Ratio

For the Farm Products subindustry, Gigantelmon AS's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Gigantelmon AS's PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Gigantelmon AS's PB Ratio distribution charts can be found below:

* The bar in red indicates where Gigantelmon AS's PB Ratio falls into.



Gigantelmon AS PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Gigantelmon AS's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=7.86/3.587
=2.19

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Gigantelmon AS  (OSL:GIGA) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Gigantelmon AS PB Ratio Related Terms

Thank you for viewing the detailed overview of Gigantelmon AS's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Gigantelmon AS (OSL:GIGA) Business Description

Traded in Other Exchanges
Address
Sjogata 21, Bodo, NOR, 8006
Gigante Salmon AS is engaged in the salmon farming business.

Gigantelmon AS (OSL:GIGA) Headlines

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