SOL SpA (MIL:SOL) Price-to-Tangible-Book : 4.61 (As of May. 25, 2024)

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What is SOL SpA Price-to-Tangible-Book?

As of today (2024-05-25), SOL SpA's share price is €31.00. SOL SpA's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was €6.73. Hence, SOL SpA's Price to Tangible Book Ratio of today is 4.61.

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

MIL:SOL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.47 Med: 2.4 Max: 4.54
Current: 4.38

During the past 13 years, SOL SpA's highest Price to Tangible Book Ratio was 4.54. The lowest was 1.47. And the median was 2.40.

MIL:SOL's Price-to-Tangible-Book is ranked worse than
82.22% of 1485 companies
in the Chemicals industry
Industry Median: 1.8 vs MIL:SOL: 4.38

A closely related ratio is called PB Ratio. As of today, SOL SpA's share price is €31.00. SOL SpA's Book Value per Sharefor the quarter that ended in Jun. 2023 was €9.58. Hence, SOL SpA's P/B Ratio of today is 3.24.

SOL SpA Price-to-Tangible-Book Historical Data

The historical data trend for SOL SpA'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.

SOL SpA Price-to-Tangible-Book Chart

SOL SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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2.33

2.66

3.80

2.78

3.93

SOL SpA 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															3.80	2.74	2.78	3.93	3.93

Competitive Comparison of SOL SpA's Price-to-Tangible-Book

For the Specialty Chemicals subindustry, SOL SpA'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.

SOL SpA's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, SOL SpA's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where SOL SpA's Price-to-Tangible-Book falls into.

SOL SpA Price-to-Tangible-Book Calculation

SOL SpA's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	31.00	/	6.725
	=	4.61

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.

SOL SpA Price-to-Tangible-Book Related Terms

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

SOL SpA (MIL:SOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » SOL SpA (MIL:SOL) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

SOLm:UK QOL:Germany

Address

Via Borgazzi, 27, Monza, ITA, 20900

Website

http://www.solgroup.com

SOL SpA manufactures and sells industrial gases and medical equipment. The firm's two segments are based on product type. The home-care segment, which generates the majority of revenue, sells a variety of medicinal gases including oxygen, nitrogen, nitrous oxide, carbon dioxide, synthetic air, and medical air. The segment also provides medical air services for hospitals. The technical gases segment sells gas-based products to the energy, agricultural, food, metalworking, glass, and electronics industries. More of SOL's revenue comes from Italy than any other country.