Enefit Green AS (OTSE:EGR1T) Price-to-Tangible-Book : 1.17 (As of May. 27, 2024)

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What is Enefit Green AS Price-to-Tangible-Book?

As of today (2024-05-27), Enefit Green AS's share price is €3.064. Enefit Green AS's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €2.62. Hence, Enefit Green AS's Price to Tangible Book Ratio of today is 1.17.

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

OTSE:EGR1T' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.17 Med: 1.73 Max: 1.9
Current: 1.17

During the past 6 years, Enefit Green AS's highest Price to Tangible Book Ratio was 1.90. The lowest was 1.17. And the median was 1.73.

OTSE:EGR1T's Price-to-Tangible-Book is ranked better than
59.4% of 399 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.46 vs OTSE:EGR1T: 1.17

A closely related ratio is called PB Ratio. As of today, Enefit Green AS's share price is €3.064. Enefit Green AS's Book Value per Sharefor the quarter that ended in Mar. 2024 was €2.85. Hence, Enefit Green AS's P/B Ratio of today is 1.08.

Enefit Green AS Price-to-Tangible-Book Historical Data

The historical data trend for Enefit Green AS'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.

Enefit Green AS Price-to-Tangible-Book Chart

Enefit Green AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.90

1.76

1.45

Enefit Green AS Quarterly Data
	Dec18	Dec19	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													1.69	1.81	1.66	1.45	1.20

Competitive Comparison of Enefit Green AS's Price-to-Tangible-Book

For the Utilities - Renewable subindustry, Enefit Green AS'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.

Enefit Green AS's Price-to-Tangible-Book Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Enefit Green AS's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Enefit Green AS's Price-to-Tangible-Book falls into.

Enefit Green AS Price-to-Tangible-Book Calculation

Enefit Green AS's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	3.064	/	2.618
	=	1.17

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.

Enefit Green AS Price-to-Tangible-Book Related Terms

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

Enefit Green AS (OTSE:EGR1T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Enefit Green AS (OTSE:EGR1T) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

I6B:Germany

Address

Lelle tn 22, Tallinn, EST, 11318

Website

https://www.enefitgreen.ee

Enefit Green AS is a renewable energy producer in the Baltic Sea region. The company produces electricity from wind, as well as municipal waste, biomass, solar and hydroelectric sources in Estonia, Latvia, Lithuania, and Poland. The segments of the company are Wind energy segment which comprises all of the company's wind farms and generates key revenue for the firm; Cogeneration segment comprises all of the company's cogeneration plants and the pellet factory and Solar energy segment comprises all of the company's solar farms.

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