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Mandatum (OHEL:MANTA) Price-to-Tangible-Book : 1.30 (As of May. 22, 2024)


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What is Mandatum Price-to-Tangible-Book?

As of today (2024-05-22), Mandatum's share price is €4.11. Mandatum's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €3.16. Hence, Mandatum's Price to Tangible Book Ratio of today is 1.30.

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

OHEL:MANTA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.3   Med: 1.32   Max: 1.32
Current: 1.3

During the past 3 years, Mandatum's highest Price to Tangible Book Ratio was 1.32. The lowest was 1.30. And the median was 1.32.

OHEL:MANTA's Price-to-Tangible-Book is ranked better than
68.22% of 494 companies
in the Diversified Financial Services industry
Industry Median: 1.875 vs OHEL:MANTA: 1.30

A closely related ratio is called PB Ratio. As of today, Mandatum's share price is €4.11. Mandatum's Book Value per Sharefor the quarter that ended in Mar. 2024 was €3.26. Hence, Mandatum's P/B Ratio of today is 1.26.


Mandatum Price-to-Tangible-Book Historical Data

The historical data trend for Mandatum'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.

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Mandatum Price-to-Tangible-Book Chart

Mandatum Annual Data
Trend Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - 1.32

Mandatum Quarterly Data
Dec22 Mar23 Dec23 Mar24
Price-to-Tangible-Book - - 1.32 1.31

Competitive Comparison of Mandatum's Price-to-Tangible-Book

For the Financial Conglomerates subindustry, Mandatum'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.


Mandatum's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Mandatum's Price-to-Tangible-Book distribution charts can be found below:

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



Mandatum Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=4.11/3.155
=1.30

* 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.


Mandatum Price-to-Tangible-Book Related Terms

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


Mandatum (OHEL:MANTA) Business Description

Traded in Other Exchanges
Address
Bulevardi 56, Helsinki, FIN, 00120
Website
Mandatum PLC is a financial services provider offering a wide array of services covering asset and wealth management, savings and investment, compensation and rewards, complimentary pension plans and personal risk insurance to corporates, retail customers as well as institutional and wealth management customers. Mandatum serves a network of 20,000 Finnish corporates through its highly skilled sales force and customer relationship personnel, which gives opportunity to cross sell products from its broad offering.

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