Kesko Oyj (Kesko Oyj) Price-to-Tangible-Book

: 3.46 (As of Today)

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As of today (2024-04-23), Kesko Oyj's share price is $8.94. Kesko Oyj's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $2.58. Hence, Kesko Oyj's Price to Tangible Book Ratio of today is 3.46.

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

KKOYY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.54 Med: 6.18 Max: 17.38
Current: 3.62

During the past 13 years, Kesko Oyj's highest Price to Tangible Book Ratio was 17.38. The lowest was 3.54. And the median was 6.18.

KKOYY's Price-to-Tangible-Book is ranked worse than
69.4% of 281 companies
in the Retail - Defensive industry
Industry Median: 2.01 vs KKOYY: 3.62

A closely related ratio is called PB Ratio. As of today, Kesko Oyj's share price is $8.94. Kesko Oyj's Book Value per Sharefor the quarter that ended in Dec. 2023 was $3.78. Hence, Kesko Oyj's P/B Ratio of today is 2.36.

Kesko Oyj Price-to-Tangible-Book Historical Data

The historical data trend for Kesko Oyj'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.

Kesko Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

3.89

5.97

6.80

4.20

3.84

Kesko Oyj 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																4.20	5.33	4.26	3.76	3.84

Competitive Comparison

For the Grocery Stores subindustry, Kesko Oyj'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.

Kesko Oyj Price-to-Tangible-Book Distribution

For the Retail - Defensive industry and Consumer Defensive sector, Kesko Oyj's Price-to-Tangible-Book distribution charts can be found below:

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

Kesko Oyj Price-to-Tangible-Book Calculation

Kesko Oyj's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	8.94	/	2.582
	=	3.46

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.

Kesko Oyj Price-to-Tangible-Book Related Terms

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

Kesko Oyj (Kesko Oyj) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Kesko Oyj (OTCPK:KKOYY) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

KKOYF:USA KESKBh:UK 0BNT:UK KESKOB:Finland KESKOA:Finland KEK:Germany

Address

Tyopajankatu 12, Helsinki, FIN, 00580

Website

https://www.kesko.fi

Kesko Oyj is a Finland-based retail conglomerate that operates in three divisions: Grocery, Building and Technical, and Car. The Grocery segment provides the customers with K-food retailers running their locally tailored stores, acting in a chain business model. Chains include K-Citymarket, K-Supermarket, K-Market, and Neste K. The Building and Technical Sector produces construction materials, leisure athletic goods, and infrastructure tools and operates out of Scandinavia and Eastern Europe, both in digital and brick-and-mortar stores. The Car division acts as an importer and leaser for various European car brands, including Volkswagen, SEAT, Audi, and Porsche as well as a seller of used cars online and in-store. The Grocery segment in Finland produces the most revenue.

Kesko Oyj (Kesko Oyj) Headlines

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