Nurminen Logistics Oyj (Nurminen Logistics Oyj) PB Ratio : 2.63 (As of Jun. 05, 2024)

Nurminen Logistics Oyj PB Ratio Chart

Nurminen Logistics Oyj Annual Data
	Trend	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
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Nurminen Logistics Oyj Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Nurminen Logistics Oyj's PB Ratio

For the Railroads subindustry, Nurminen Logistics Oyj's PB Ratio, along with its competitors' market caps and PB Ratio 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.

Nurminen Logistics Oyj's PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Nurminen Logistics Oyj's PB Ratio distribution charts can be found below:

* The bar in red indicates where Nurminen Logistics Oyj's PB Ratio falls into.

Nurminen Logistics Oyj PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Nurminen Logistics Oyj's PB Ratio for today is calculated as follows:

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Nurminen Logistics Oyj  (GREY:NRNMF) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Nurminen Logistics Oyj PB Ratio Related Terms

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Nurminen Logistics Oyj (Nurminen Logistics Oyj) Business Description