Grab2Go AS (OTSE:GRB2G) Price-to-Tangible-Book : 5.56 (As of May. 27, 2024)

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What is Grab2Go AS Price-to-Tangible-Book?

As of today (2024-05-27), Grab2Go AS's share price is €0.30. Grab2Go AS's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was €0.05. Hence, Grab2Go AS's Price to Tangible Book Ratio of today is 5.56.

The historical rank and industry rank for Grab2Go AS's Price-to-Tangible-Book or its related term are showing as below:

OTSE:GRB2G' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 5.56 Med: 12.04 Max: 12.04
Current: 6

During the past 2 years, Grab2Go AS's highest Price to Tangible Book Ratio was 12.04. The lowest was 5.56. And the median was 12.04.

OTSE:GRB2G's Price-to-Tangible-Book is ranked worse than
85.04% of 2834 companies
in the Industrial Products industry
Industry Median: 2.12 vs OTSE:GRB2G: 6.00

A closely related ratio is called PB Ratio. As of today, Grab2Go AS's share price is €0.30. Grab2Go AS's Book Value per Sharefor the quarter that ended in Jun. 2023 was €0.13. Hence, Grab2Go AS's P/B Ratio of today is 2.34.

Grab2Go AS Price-to-Tangible-Book Historical Data

The historical data trend for Grab2Go 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.

Grab2Go AS Price-to-Tangible-Book Chart

Grab2Go AS Annual Data

Trend

Dec21

Dec22

Price-to-Tangible-Book

Grab2Go AS Semi-Annual Data
	Jun22	Dec22	Jun23
Price-to-Tangible-Book	-	-	12.04

Competitive Comparison of Grab2Go AS's Price-to-Tangible-Book

For the Business Equipment & Supplies subindustry, Grab2Go 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.

Grab2Go AS's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Grab2Go AS's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Grab2Go AS's Price-to-Tangible-Book falls into.

Grab2Go AS Price-to-Tangible-Book Calculation

Grab2Go AS's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	0.30	/	0.054
	=	5.56

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.

Grab2Go AS Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Grab2Go AS's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Grab2Go AS (OTSE:GRB2G) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Grab2Go AS (OTSE:GRB2G) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Veskiposti tn 2-1002, Harju maakond, Tallinn, EST, 10138

Website

https://www.grab2go.eu

Grab2Go AS develops and manufactures autonomous, unmanned and robotic convenience store and pharmacy technology. Its technology and solutions make it possible to achieve a significant increase in efficiency, resource savings and a better consumer experience in the operation of convenience stores, pharmacies and other similar points of sale. The company has developed a completely unique Cloud Platform to remotely manage and operate Its Autonomous Stores in Real-Time. Grab2Go earns revenue from the sale of hardware solutions (machines) (one-time revenue), maintenance of hardware solutions (machines) (periodic payments), licensing of software solutions (periodic payments) and software development.

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