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Orkla ASA (Orkla ASA) Price-to-Tangible-Book : 7.44 (As of Apr. 27, 2024)


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

As of today (2024-04-27), Orkla ASA's share price is $6.72. Orkla ASA's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.90. Hence, Orkla ASA's Price to Tangible Book Ratio of today is 7.44.

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

ORKLY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.14   Med: 6.39   Max: 11.17
Current: 7.72

During the past 13 years, Orkla ASA's highest Price to Tangible Book Ratio was 11.17. The lowest was 3.14. And the median was 6.39.

ORKLY's Price-to-Tangible-Book is ranked worse than
92.13% of 1702 companies
in the Consumer Packaged Goods industry
Industry Median: 1.68 vs ORKLY: 7.72

A closely related ratio is called PB Ratio. As of today, Orkla ASA's share price is $6.72. Orkla ASA's Book Value per Sharefor the quarter that ended in Dec. 2023 was $4.30. Hence, Orkla ASA's P/B Ratio of today is 1.56.


Orkla ASA Price-to-Tangible-Book Historical Data

The historical data trend for Orkla 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.

Orkla ASA Price-to-Tangible-Book Chart

Orkla ASA 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 7.77 6.78 11.49 8.79 8.62

Orkla ASA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 8.79 8.47 10.82 9.07 8.62

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

For the Packaged Foods subindustry, Orkla 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.


Orkla ASA's Price-to-Tangible-Book Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Orkla ASA's Price-to-Tangible-Book distribution charts can be found below:

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



Orkla ASA Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=6.72/0.903
=7.44

* 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.


Orkla ASA Price-to-Tangible-Book Related Terms

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


Orkla ASA (Orkla ASA) Business Description

Address
Drammensveien 149, Oslo, NOR, NO-0277
Orkla ASA is a branded consumer goods company, originally from Norway. Its business consists of the following divisions: Orkla Foods, Orkla Confectionery and Snacks, Orkla Care, Orkla Food Ingredients, and Orkla Consumer & Financial Investments business. Orkla offers its products to the grocery sector, specialty retailers, out-of-home sectors, and the bakery market. Orkla's main geographical markets are the Nordic and Norway regions, which account for more than half of the total sales. The Orkla Group also sells some of its product categories in Central Europe and India.

Orkla ASA (Orkla ASA) Headlines

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