Nuernberger Beteiligungs AG (LTS:0M3S) Price-to-Tangible-Book : 1.02 (As of May. 20, 2024)

View and export this data going back to . Start your Free Trial

What is Nuernberger Beteiligungs AG Price-to-Tangible-Book?

As of today (2024-05-20), Nuernberger Beteiligungs AG's share price is €75.35. Nuernberger Beteiligungs AG's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €73.86. Hence, Nuernberger Beteiligungs AG's Price to Tangible Book Ratio of today is 1.02.

The historical rank and industry rank for Nuernberger Beteiligungs AG's Price-to-Tangible-Book or its related term are showing as below:

LTS:0M3S' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.87 Med: 1.01 Max: 1.18
Current: 0.87

During the past 13 years, Nuernberger Beteiligungs AG's highest Price to Tangible Book Ratio was 1.18. The lowest was 0.87. And the median was 1.01.

LTS:0M3S's Price-to-Tangible-Book is ranked better than
73.16% of 462 companies
in the Insurance industry
Industry Median: 1.34 vs LTS:0M3S: 0.87

A closely related ratio is called PB Ratio. As of today, Nuernberger Beteiligungs AG's share price is €75.35. Nuernberger Beteiligungs AG's Book Value per Sharefor the quarter that ended in Dec. 2023 was €82.48. Hence, Nuernberger Beteiligungs AG's P/B Ratio of today is 0.91.

Nuernberger Beteiligungs AG Price-to-Tangible-Book Historical Data

The historical data trend for Nuernberger Beteiligungs AG'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.

Nuernberger Beteiligungs AG Price-to-Tangible-Book Chart

Nuernberger Beteiligungs AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

Nuernberger Beteiligungs AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Nuernberger Beteiligungs AG's Price-to-Tangible-Book

For the Insurance - Diversified subindustry, Nuernberger Beteiligungs AG'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.

Nuernberger Beteiligungs AG's Price-to-Tangible-Book Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Nuernberger Beteiligungs AG's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Nuernberger Beteiligungs AG's Price-to-Tangible-Book falls into.

Nuernberger Beteiligungs AG Price-to-Tangible-Book Calculation

Nuernberger Beteiligungs AG's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	75.35	/	73.857
	=	1.02

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Nuernberger Beteiligungs AG Price-to-Tangible-Book Related Terms

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

Nuernberger Beteiligungs AG (LTS:0M3S) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Nuernberger Beteiligungs AG (LTS:0M3S) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

NBG6:Germany

Address

Ostendstrasse 100, Nuernberg, DEU, 90334

Website

http://www.nuernberger.de

Nuernberger Beteiligungs AG operates in the German financial services domain. Its prime focus is on offering insurance products that span the life, health, and property insurance products. The Life business area comprises of the company's subsidiaries engaged in the provision of life insurances, disability insurance, occupational pensions and various forms of risk insurance, and pension funds. The Health segment is concerned with the provision of health and supplementary insurance and the property insurance segment is responsible for the activities related to in property, casualty, accident insurance, as well as reinsurance. In addition, it provides banking services encompassing financial products, asset management, and investment services.

Nuernberger Beteiligungs AG (LTS:0M3S) Headlines

No Headlines