Holmen AB (OSTO:HOLM A) Price-to-Tangible-Book : 1.24 (As of May. 09, 2024)

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

As of today (2024-05-09), Holmen AB's share price is kr438.00. Holmen AB's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was kr354.54. Hence, Holmen AB's Price to Tangible Book Ratio of today is 1.24.

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

OSTO:HOLM A' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.86 Med: 1.31 Max: 1.84
Current: 1.24

During the past 13 years, Holmen AB's highest Price to Tangible Book Ratio was 1.84. The lowest was 0.86. And the median was 1.31.

OSTO:HOLM A's Price-to-Tangible-Book is ranked worse than
60.43% of 278 companies
in the Forest Products industry
Industry Median: 1.06 vs OSTO:HOLM A: 1.24

A closely related ratio is called PB Ratio. As of today, Holmen AB's share price is kr438.00. Holmen AB's Book Value per Sharefor the quarter that ended in Mar. 2024 was kr357.74. Hence, Holmen AB's P/B Ratio of today is 1.22.

Holmen AB Price-to-Tangible-Book Historical Data

The historical data trend for Holmen 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.

Holmen AB Price-to-Tangible-Book Chart

Holmen AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.19

1.60

1.56

1.22

1.20

Holmen AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.29	1.20	1.30	1.20	1.23

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

For the Paper & Paper Products subindustry, Holmen 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.

Holmen AB's Price-to-Tangible-Book Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Holmen AB's Price-to-Tangible-Book distribution charts can be found below:

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

Holmen AB Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	438.00	/	354.543
	=	1.24

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.

Holmen AB Price-to-Tangible-Book Related Terms

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

Holmen AB (OSTO:HOLM A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Holmen AB (OSTO:HOLM A) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

HLMNY:USA HOLM B:Sweden 0XS9:UK HL9C:Germany

Address

Strandvagen 1, P.O. Box 5407, Stockholm, SWE, SE-114 84

Website

https://www.holmen.com

Holmen AB produces and sells timber, wood products, a variety of paper products, and electricity generated through renewable energy sources. The company organizes itself into five segments based on product type: Forest, Paperboard, Paper, Wood Products, and Renewable Energy. The company's product portfolio includes logs, biofuel, paperboard for consumer packaging, paper for books, construction timber, and renewable energy from hydro and wind power. The company's customer segment is composed of printing firms, sawmills, pulp mills, paper mills, construction industry, and packaging industry, among others. The vast majority of revenue comes from the company's paper and paperboard segments combined, and it earns majoroty of its revenue in Europe.

Holmen AB (OSTO:HOLM A) Headlines

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