Aker ASA (OSL:AKER) Price-to-Tangible-Book : 1.16 (As of May. 18, 2024)

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What is Aker ASA Price-to-Tangible-Book?

As of today (2024-05-18), Aker ASA's share price is kr629.00. Aker ASA's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was kr543.75. Hence, Aker ASA's Price to Tangible Book Ratio of today is 1.16.

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

OSL:AKER' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.16 Med: 2.71 Max: 5.62
Current: 1.16

During the past 13 years, Aker ASA's highest Price to Tangible Book Ratio was 5.62. The lowest was 1.16. And the median was 2.71.

OSL:AKER's Price-to-Tangible-Book is ranked better than
50.94% of 477 companies
in the Conglomerates industry
Industry Median: 1.17 vs OSL:AKER: 1.16

A closely related ratio is called PB Ratio. As of today, Aker ASA's share price is kr629.00. Aker ASA's Book Value per Sharefor the quarter that ended in Dec. 2023 was kr604.74. Hence, Aker ASA's P/B Ratio of today is 1.04.

Aker ASA Price-to-Tangible-Book Historical Data

The historical data trend for Aker ASA'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.

Aker ASA Price-to-Tangible-Book Chart

Aker ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

5.62

2.85

3.45

1.46

1.22

Aker ASA 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															3.45	1.65	1.46	1.10	1.22

Competitive Comparison of Aker ASA's Price-to-Tangible-Book

For the Conglomerates subindustry, Aker ASA'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.

Aker ASA's Price-to-Tangible-Book Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Aker ASA's Price-to-Tangible-Book distribution charts can be found below:

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

Aker ASA Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	629.00	/	543.753
	=	1.16

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.

Aker ASA Price-to-Tangible-Book Related Terms

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

Aker ASA (OSL:AKER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Aker ASA (OSL:AKER) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

AKAAF:USA AKERo:Sweden AKERo:UK 0MJX:UK FKM:Germany

Address

Oksenoyveien 10, Lysaker, Oslo, NOR, 1366

Website

https://www.akerasa.com

Aker ASA is an industrial investment company that develops businesses and exercises active ownership to create value for its shareholders and society at large. The portfolio has focused on companies in oil and gas, maritime assets, seafood/marine biotechnology, and real estate sectors. Investments are broken down into two portfolios; Industrial holdings are strategic assets and are managed with a long-term perspective. It comprises Aker's ownership interests in Aker BP, Aker Energy, Aker Solutions, Aker Horizons, Aker BioMarine, SalMar Aker Ocean, Cognite, and Aize, and Financial investments comprise cash, other assets, and the listed companies Akastor, AMSC, Philly Shipyard, and Solstad Offshore, in addition to ICP and Aker Property Group.