GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Svenska Handelsbanken AB (FRA:SVHG) » Definitions » Price-to-Tangible-Book

Svenska Handelsbanken AB (FRA:SVHG) Price-to-Tangible-Book : 1.45 (As of Nov. 13, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Svenska Handelsbanken AB Price-to-Tangible-Book?

As of today (2024-11-13), Svenska Handelsbanken AB's share price is €12.45. Svenska Handelsbanken AB's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was €8.57. Hence, Svenska Handelsbanken AB's Price to Tangible Book Ratio of today is 1.45.

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

FRA:SVHG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.92   Med: 1.23   Max: 2.04
Current: 1.15

During the past 13 years, Svenska Handelsbanken AB's highest Price to Tangible Book Ratio was 2.04. The lowest was 0.92. And the median was 1.23.

FRA:SVHG's Price-to-Tangible-Book is ranked worse than
60.13% of 1520 companies
in the Banks industry
Industry Median: 0.98 vs FRA:SVHG: 1.15

A closely related ratio is called PB Ratio. As of today, Svenska Handelsbanken AB's share price is €12.45. Svenska Handelsbanken AB's Book Value per Sharefor the quarter that ended in Sep. 2024 was €8.95. Hence, Svenska Handelsbanken AB's P/B Ratio of today is 1.39.


Svenska Handelsbanken AB Price-to-Tangible-Book Historical Data

The historical data trend for Svenska Handelsbanken 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.

Svenska Handelsbanken AB Price-to-Tangible-Book Chart

Svenska Handelsbanken AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.32 1.10 1.21 1.28 1.31

Svenska Handelsbanken AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.19 1.31 1.44 1.28 1.34

Competitive Comparison of Svenska Handelsbanken AB's Price-to-Tangible-Book

For the Banks - Diversified subindustry, Svenska Handelsbanken 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.


Svenska Handelsbanken AB's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Svenska Handelsbanken AB's Price-to-Tangible-Book distribution charts can be found below:

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



Svenska Handelsbanken AB Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2024 )
=12.45/8.568
=1.45

* 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.


Svenska Handelsbanken AB Price-to-Tangible-Book Related Terms

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


Svenska Handelsbanken AB Business Description

Address
Kungstradgardsgatan 2, Stockholm, SWE, SE-106 70
Handelsbanken is one of the largest Swedish banks with significant exposure to the Swedish mortgage market; about 44% of total loans are tied to the Swedish real estate market. Outside of Sweden, the bank operates primarily in the U.K. and Netherlands. Handelsbanken generates about three fourths of its income through its interest spread-based business, including mortgages, household loans, and corporate loans to large and small enterprises.

Svenska Handelsbanken AB Headlines

No Headlines