EQT AB (OSTO:EQT) Price-to-Tangible-Book : 46.22 (As of May. 08, 2024)

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What is EQT AB Price-to-Tangible-Book?

As of today (2024-05-08), EQT AB's share price is kr316.00. EQT AB's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was kr6.84. Hence, EQT AB's Price to Tangible Book Ratio of today is 46.22.

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

OSTO:EQT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 9.48 Med: 34.09 Max: 46.2
Current: 46.2

During the past 9 years, EQT AB's highest Price to Tangible Book Ratio was 46.20. The lowest was 9.48. And the median was 34.09.

OSTO:EQT's Price-to-Tangible-Book is ranked worse than
99.75% of 1622 companies
in the Asset Management industry
Industry Median: 0.96 vs OSTO:EQT: 46.20

A closely related ratio is called PB Ratio. As of today, EQT AB's share price is kr316.00. EQT AB's Book Value per Sharefor the quarter that ended in Dec. 2023 was kr56.74. Hence, EQT AB's P/B Ratio of today is 5.57.

EQT AB Price-to-Tangible-Book Historical Data

The historical data trend for EQT AB'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.

EQT AB Price-to-Tangible-Book Chart

EQT AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

9.48

15.93

34.09

39.51

41.68

EQT AB Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial									34.09	15.85	39.51	46.56	41.68

Competitive Comparison of EQT AB's Price-to-Tangible-Book

For the Asset Management subindustry, EQT AB'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.

EQT AB's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, EQT AB's Price-to-Tangible-Book distribution charts can be found below:

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

EQT AB Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	316.00	/	6.837
	=	46.22

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.

EQT AB Price-to-Tangible-Book Related Terms

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

EQT AB (OSTO:EQT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » EQT AB (OSTO:EQT) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

EQBBF:USA EQTs:UK 0AAZ:UK 6EQ:Germany 6EQ:Germany 6EQ:Germany

Address

Regeringsgatan 25, Stockholm, SWE, SE-111 53

Website

https://www.eqtgroup.com

EQT AB is an investment management company. The company manages and advises investment funds and other investment units investing worldwide with the goal of creating attractive returns and future-proof companies. It has two business segments namely, Private Capital and Real Assets. It generates maximum revenue from Private Capital segment. Geographically, it has a presence in Germany; Norway; Denmark; Netherlands; Singapore, and other countries.