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Volvo Car AB (CHIX:VOLCBS) Price-to-Tangible-Book : 4.43 (As of May. 09, 2024)


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What is Volvo Car AB Price-to-Tangible-Book?

As of today (2024-05-09), Volvo Car AB's share price is kr40.67. Volvo Car AB's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was kr9.17. Hence, Volvo Car AB's Price to Tangible Book Ratio of today is 4.43.

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

CHIX:VOLCBs' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.79   Med: 2.49   Max: 4.95
Current: 3.72

During the past 6 years, Volvo Car AB's highest Price to Tangible Book Ratio was 4.95. The lowest was 1.79. And the median was 2.49.

CHIX:VOLCBs's Price-to-Tangible-Book is ranked worse than
79.11% of 1197 companies
in the Vehicles & Parts industry
Industry Median: 1.71 vs CHIX:VOLCBs: 3.72

A closely related ratio is called PB Ratio. As of today, Volvo Car AB's share price is kr40.67. Volvo Car AB's Book Value per Sharefor the quarter that ended in Mar. 2024 was kr21.76. Hence, Volvo Car AB's P/B Ratio of today is 1.87.


Volvo Car AB Price-to-Tangible-Book Historical Data

The historical data trend for Volvo Car 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.

* Premium members only.

Volvo Car AB Price-to-Tangible-Book Chart

Volvo Car AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - 4.96 2.52 1.86

Volvo Car AB Quarterly Data
Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.19 2.35 2.31 1.86 3.91

Competitive Comparison of Volvo Car AB's Price-to-Tangible-Book

For the Auto Manufacturers subindustry, Volvo Car 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.


Volvo Car AB's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Volvo Car AB's Price-to-Tangible-Book distribution charts can be found below:

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



Volvo Car AB Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=40.67/9.173
=4.43

* 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.


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.


Volvo Car AB Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Volvo Car AB's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Volvo Car AB (CHIX:VOLCBS) Business Description

Traded in Other Exchanges
Address
VAK Building, Gunnar Engellaus Vag, Gothenburg, SWE, 405 31
Volvo Car AB manufactures, designs, and supplies automobiles. The company offers a wide range of cars. Geographically, it derives a majority of its revenue from China and also has a presence in the US; Sweden; Germany; United Kingdom; Japan, and South Korea. It generates maximum revenue from the sale of new cars.

Volvo Car AB (CHIX:VOLCBS) Headlines

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