Industrivarden AB (OSTO:INDU A) Price-to-Tangible-Book : 0.97 (As of May. 21, 2024)

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

As of today (2024-05-21), Industrivarden AB's share price is kr371.80. Industrivarden AB's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was kr385.26. Hence, Industrivarden AB's Price to Tangible Book Ratio of today is 0.97.

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

OSTO:INDU A' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.82 Med: 0.94 Max: 1.07
Current: 0.97

During the past 13 years, Industrivarden AB's highest Price to Tangible Book Ratio was 1.07. The lowest was 0.82. And the median was 0.94.

OSTO:INDU A's Price-to-Tangible-Book is ranked better than
54.86% of 1626 companies
in the Asset Management industry
Industry Median: 0.96 vs OSTO:INDU A: 0.97

A closely related ratio is called PB Ratio. As of today, Industrivarden AB's share price is kr371.80. Industrivarden AB's Book Value per Sharefor the quarter that ended in Mar. 2024 was kr385.26. Hence, Industrivarden AB's P/B Ratio of today is 0.97.

Industrivarden AB Price-to-Tangible-Book Historical Data

The historical data trend for Industrivarden 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.

Industrivarden AB Price-to-Tangible-Book Chart

Industrivarden AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.90

0.99

0.87

0.95

Industrivarden 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															0.88	0.95	0.93	0.95	0.96

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

For the Asset Management subindustry, Industrivarden 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.

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

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

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

Industrivarden AB Price-to-Tangible-Book Calculation

Industrivarden 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 )
	=	371.80	/	385.261
	=	0.97

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.

Industrivarden AB Price-to-Tangible-Book Related Terms

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

Industrivarden AB (OSTO:INDU A) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

INDU C:Sweden INDUCs:UK INDUAs:UK 0MHU:UK 0H13:UK IDVA:Germany

Address

Storgatan 10, Stockholm, SWE, 114 51

Website

https://www.industrivarden.net

Industrivarden AB is an asset management firm with a long-term, activist orientation. The company's stated investment goal is to increase net asset value and generate returns in excess of the market cost of capital. Industrivarden makes investments in Nordic companies it can influence through corporate governance actions. It benchmarks its performance relative to the average return of the Stockholm Stock Exchange. The firm counts many public and private pension managers, foundations, and retail investors as its client base. Its security selection criteria emphasize enduring business models with promising growth prospects at an attractive valuation.

Industrivarden AB (OSTO:INDU A) Headlines

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