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Tingsvalvet Fastighets AB (XSAT:TINGS A) Price-to-Tangible-Book : 0.43 (As of May. 27, 2024)


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What is Tingsvalvet Fastighets AB Price-to-Tangible-Book?

As of today (2024-05-27), Tingsvalvet Fastighets AB's share price is kr26.80. Tingsvalvet Fastighets AB's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was kr61.80. Hence, Tingsvalvet Fastighets AB's Price to Tangible Book Ratio of today is 0.43.

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

XSAT:TINGS A' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.36   Med: 0.81   Max: 2.16
Current: 0.43

During the past 5 years, Tingsvalvet Fastighets AB's highest Price to Tangible Book Ratio was 2.16. The lowest was 0.36. And the median was 0.81.

XSAT:TINGS A's Price-to-Tangible-Book is ranked better than
75.26% of 1722 companies
in the Real Estate industry
Industry Median: 0.83 vs XSAT:TINGS A: 0.43

A closely related ratio is called PB Ratio. As of today, Tingsvalvet Fastighets AB's share price is kr26.80. Tingsvalvet Fastighets AB's Book Value per Sharefor the quarter that ended in Mar. 2024 was kr61.80. Hence, Tingsvalvet Fastighets AB's P/B Ratio of today is 0.43.


Tingsvalvet Fastighets AB Price-to-Tangible-Book Historical Data

The historical data trend for Tingsvalvet Fastighets 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.

Tingsvalvet Fastighets AB Price-to-Tangible-Book Chart

Tingsvalvet Fastighets AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
0.93 0.91 0.98 0.57 0.55

Tingsvalvet Fastighets AB Quarterly Data
May19 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 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 0.40 0.36 0.38 0.55 0.47

Competitive Comparison of Tingsvalvet Fastighets AB's Price-to-Tangible-Book

For the Real Estate - Development subindustry, Tingsvalvet Fastighets 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.


Tingsvalvet Fastighets AB's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tingsvalvet Fastighets AB's Price-to-Tangible-Book distribution charts can be found below:

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



Tingsvalvet Fastighets AB Price-to-Tangible-Book Calculation

Tingsvalvet Fastighets 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 )
=26.80/61.798
=0.43

* 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.


Tingsvalvet Fastighets AB Price-to-Tangible-Book Related Terms

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


Tingsvalvet Fastighets AB (XSAT:TINGS A) Business Description

Traded in Other Exchanges
Address
c/o Arctic Securities AS, filial Sverige, Biblioteksgatan 8, 3tr., Stockholm, SWE, 111 46
Tingsvalvet Fastighets AB is a Swedish real estate company that owns, manages and leases office, retail and restaurant premises in central Karlstad.

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