Fastighets AB Balder (OSTO:BALD B) PB Ratio : 1.01 (As of May. 13, 2024)

View and export this data going back to 2003. Start your Free Trial

What is Fastighets AB Balder PB Ratio?

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. As of today (2024-05-13), Fastighets AB Balder's share price is kr72.00. Fastighets AB Balder's Book Value per Share for the quarter that ended in Mar. 2024 was kr71.10. Hence, Fastighets AB Balder's PB Ratio of today is 1.01.

The historical rank and industry rank for Fastighets AB Balder's PB Ratio or its related term are showing as below:

OSTO:BALD B' s PB Ratio Range Over the Past 10 Years
Min: 0.48 Med: 1.28 Max: 1.95
Current: 1.01

During the past 13 years, Fastighets AB Balder's highest PB Ratio was 1.95. The lowest was 0.48. And the median was 1.28.

OSTO:BALD B's PB Ratio is ranked worse than
59.64% of 1754 companies
in the Real Estate industry
Industry Median: 0.82 vs OSTO:BALD B: 1.01

During the past 12 months, Fastighets AB Balder's average Book Value Per Share Growth Rate was -8.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 15.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 21.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Fastighets AB Balder was 32.80% per year. The lowest was 9.90% per year. And the median was 23.05% per year.

Back to Basics: PB Ratio

Fastighets AB Balder PB Ratio Historical Data

The historical data trend for Fastighets AB Balder's PB Ratio 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.

Fastighets AB Balder PB Ratio Chart

Fastighets AB Balder Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

1.59

1.37

1.57

0.62

1.00

Fastighets AB Balder Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PB Ratio	Get a 7-Day Free Trial															0.55	0.51	0.65	1.00	1.11

Competitive Comparison of Fastighets AB Balder's PB Ratio

For the Real Estate - Diversified subindustry, Fastighets AB Balder'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.

Fastighets AB Balder's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Fastighets AB Balder's PB Ratio distribution charts can be found below:

* The bar in red indicates where Fastighets AB Balder's PB Ratio falls into.

Fastighets AB Balder 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.

Fastighets AB Balder's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	72.00	/	71.098
	=	1.01

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Fastighets AB Balder (OSTO:BALD B) 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.

Fastighets AB Balder PB Ratio Related Terms

Thank you for viewing the detailed overview of Fastighets AB Balder's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Fastighets AB Balder (OSTO:BALD B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Fastighets AB Balder (OSTO:BALD B) » Definitions » PB Ratio

Traded in Other Exchanges

BALDF:USA 0H2Z:UK 28F0:Germany

Address

Parkgatan 49, P.O. Box 53121, Gothenburg, SWE, 400 15

Website

https://www.balder.se

Fastighets AB Balder is engaged in acquiring, developing, and managing residential properties and commercial properties based on local presence and creating customer value by meeting the needs of different customer groups for commercial premises and housing in Sweden, Denmark, Finland, Norway, Germany, and the UK. The company's property portfolio contains a wide variety of commercial space, ranging from office, retail, and warehouse space, out of which Residential properties constitute the majority portion of the company's portfolio. The Group's business segments are; Helsinki, Stockholm, Gothenburg, Copenhagen, South, East, and North. The company generates revenue through income earned on the rents of its properties and on the management of its real estate.

Fastighets AB Balder (OSTO:BALD B) Headlines

No Headlines