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Svolder AB (OSTO:SVOL A) Price-to-Tangible-Book : 2.02 (As of May. 19, 2024)


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

As of today (2024-05-19), Svolder AB's share price is kr111.00. Svolder AB's Tangible Book per Share of Feb. 2024 for the quarter that ended in Feb. 2024 was kr55.07. Hence, Svolder AB's Price to Tangible Book Ratio of today is 2.02.

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

OSTO:SVOL A' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.91   Med: 1.16   Max: 2.02
Current: 2.02

During the past 13 years, Svolder AB's highest Price to Tangible Book Ratio was 2.02. The lowest was 0.91. And the median was 1.16.

OSTO:SVOL A's Price-to-Tangible-Book is ranked worse than
85.5% of 1621 companies
in the Asset Management industry
Industry Median: 0.96 vs OSTO:SVOL A: 2.02

A closely related ratio is called PB Ratio. As of today, Svolder AB's share price is kr111.00. Svolder AB's Book Value per Sharefor the quarter that ended in Feb. 2024 was kr55.07. Hence, Svolder AB's P/B Ratio of today is 2.02.


Svolder AB Price-to-Tangible-Book Historical Data

The historical data trend for Svolder 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.

Svolder AB Price-to-Tangible-Book Chart

Svolder AB Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.15 1.00 1.33 1.19 1.56

Svolder AB Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.45 1.61 1.56 1.53 1.55

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

For the Asset Management subindustry, Svolder 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.


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

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

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



Svolder AB Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Feb. 2024 )
=111.00/55.074
=2.02

* 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.

It can also be calculated from the numbers for the whole company:

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.


Svolder AB Price-to-Tangible-Book Related Terms

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


Svolder AB (OSTO:SVOL A) Business Description

Traded in Other Exchanges
Address
Birger Jarlsgatan 13 Box 70431, Stockholm, SWE, SE-107 25
Svolder AB is an investment trust. The company holds investments in small to medium-sized publically traded Swedish companies. It has stakes in GARO, Troax, Nordic Waterproofing, New Wave Group, FM Mattsson Mora, Beijer Electronics Group, Platzer Fastigheter, Scandic Hotels, XANO, ITAB Shop Concept, Elanders, Boule Diagnostics and Elos Medtech.

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