Surnadal Sparebank (OSL:SUSB) Price-to-Tangible-Book : 0.26 (As of May. 26, 2024)

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What is Surnadal Sparebank Price-to-Tangible-Book?

As of today (2024-05-26), Surnadal Sparebank's share price is kr120.00. Surnadal Sparebank's Tangible Book per Share of Mar. 2021 for the quarter that ended in Mar. 2021 was kr459.52. Hence, Surnadal Sparebank's Price to Tangible Book Ratio of today is 0.26.

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

OSL:SUSB's Price-to-Tangible-Book is not ranked ^*
in the Banks industry.
Industry Median: 0.92
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Surnadal Sparebank's share price is kr120.00. Surnadal Sparebank's Book Value per Sharefor the quarter that ended in Mar. 2021 was kr459.52. Hence, Surnadal Sparebank's P/B Ratio of today is 0.26.

Surnadal Sparebank Price-to-Tangible-Book Historical Data

The historical data trend for Surnadal Sparebank'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.

Surnadal Sparebank Price-to-Tangible-Book Chart

Surnadal Sparebank Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Price-to-Tangible-Book

0.24

0.31

0.26

Surnadal Sparebank Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Price-to-Tangible-Book	Get a 7-Day Free Trial											0.24	0.25	0.25	0.26	0.26

Competitive Comparison of Surnadal Sparebank's Price-to-Tangible-Book

For the Banks - Regional subindustry, Surnadal Sparebank'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.

Surnadal Sparebank's Price-to-Tangible-Book Distribution in the Banks Industry

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

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

Surnadal Sparebank Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2021 )
	=	120.00	/	459.522
	=	0.26

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.

Surnadal Sparebank Price-to-Tangible-Book Related Terms

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

Surnadal Sparebank (OSL:SUSB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Surnadal Sparebank (OSL:SUSB) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

Bardshaugvegen 7, Surnadal, NOR, 6650

Website

https://www.bank.no

Surnadal Sparebank is an independent saving bank. It is a medium-sized savings bank with a wide range of products and services within loans, placement, self-service solutions, cards, insurance and real estate.