I Love Lund AB (XSAT:LOVE B) Price-to-Tangible-Book : 0.83 (As of May. 25, 2024)

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What is I Love Lund AB Price-to-Tangible-Book?

As of today (2024-05-25), I Love Lund AB's share price is kr90.50. I Love Lund AB's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was kr109.20. Hence, I Love Lund AB's Price to Tangible Book Ratio of today is 0.83.

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

XSAT:LOVE B' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.76 Med: 1.03 Max: 1.84
Current: 0.83

During the past 4 years, I Love Lund AB's highest Price to Tangible Book Ratio was 1.84. The lowest was 0.76. And the median was 1.03.

XSAT:LOVE B's Price-to-Tangible-Book is ranked better than
73.63% of 1623 companies
in the Asset Management industry
Industry Median: 0.96 vs XSAT:LOVE B: 0.83

A closely related ratio is called PB Ratio. As of today, I Love Lund AB's share price is kr90.50. I Love Lund AB's Book Value per Sharefor the quarter that ended in Mar. 2024 was kr109.20. Hence, I Love Lund AB's P/B Ratio of today is 0.83.

I Love Lund AB Price-to-Tangible-Book Historical Data

The historical data trend for I Love Lund 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.

I Love Lund AB Price-to-Tangible-Book Chart

I Love Lund AB Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

1.10

0.87

I Love Lund AB Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial					1.03	1.06	0.76	0.87	0.89

Competitive Comparison of I Love Lund AB's Price-to-Tangible-Book

For the Asset Management subindustry, I Love Lund 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.

I Love Lund AB's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

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

I Love Lund AB Price-to-Tangible-Book Calculation

I Love Lund 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 )
	=	90.50	/	109.197
	=	0.83

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.

I Love Lund AB Price-to-Tangible-Book Related Terms

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

I Love Lund AB (XSAT:LOVE B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » I Love Lund AB (XSAT:LOVE B) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hospitalsgatan 2, Lund, SWE, 223 53

Website

https://www.ilovelund.se

I Love Lund AB is an investment company that invests in companies based in Lund. It invests broadly across all sectors and with the main focus on pre-seed companies. The portfolio's return objective is to achieve a return over a business cycle that is as good as equivalent references.

I Love Lund AB (XSAT:LOVE B) Headlines

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