Volue ASA (OSTO:VOLUEO) Price-to-Tangible-Book : (As of Jun. 30, 2024)

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What is Volue ASA Price-to-Tangible-Book?

As of today (2024-06-30), Volue ASA's share price is kr30.00. Volue ASA's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was kr-1.70. Hence, Volue ASA's Price to Tangible Book Ratio of today is .

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

During the past 6 years, Volue ASA's highest Price to Tangible Book Ratio was 37.87. The lowest was 16.30. And the median was 26.10.

OSTO:VOLUEo's Price-to-Tangible-Book is not ranked ^*
in the Software industry.
Industry Median: 3.49
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Volue ASA's share price is kr30.00. Volue ASA's Book Value per Sharefor the quarter that ended in Mar. 2024 was kr6.27. Hence, Volue ASA's P/B Ratio of today is 4.79.

Volue ASA Price-to-Tangible-Book Historical Data

The historical data trend for Volue ASA'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.

Volue ASA Price-to-Tangible-Book Chart

Volue ASA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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35.08

22.76

Volue ASA Quarterly Data
	Dec18	Jun19	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial														18.22	-	-	-	-

Competitive Comparison of Volue ASA's Price-to-Tangible-Book

For the Software - Application subindustry, Volue ASA'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.

Volue ASA's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Volue ASA's Price-to-Tangible-Book distribution charts can be found below:

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

Volue ASA Price-to-Tangible-Book Calculation

Volue ASA's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	30.00	/	-1.697
	=

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.

Volue ASA Price-to-Tangible-Book Related Terms

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

Volue ASA (OSTO:VOLUEO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Volue ASA (OSTO:VOLUEo) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

VOLUE:Norway 642:Germany

Address

Christian Krohgs gate 16, Postboks 9008, Oslo, NOR, NO-0186

Website

https://www.volue.com

Volue ASA is engaged in investing in its own and managing companies and carrying out its business activities within IT and other software services. The company operates in three segments: Energy, Power Grid, and Infrastructure. The Energy segment delivers solutions that help customers master the energy transition by enabling wall-to-wall digitalization of the green energy value chain. The Power Grid segment enables power distributors to support the electrification of society by unlocking flexibility and digital management of the power grid. Some of its product categories are Water & Community software, Optimization and Trading Software, and Construction Software. The majority of the company's revenue comes from the Energy segment.

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