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Karnell Group AB (OSTO:KARNEL B) PB Ratio : 2.17 (As of May. 26, 2024)


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What is Karnell Group AB 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 (2024-05-26), Karnell Group AB's share price is kr43.92. Karnell Group AB's Book Value per Share for the quarter that ended in Mar. 2024 was kr20.27. Hence, Karnell Group AB's PB Ratio of today is 2.17.

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

OSTO:KARNEL B' s PB Ratio Range Over the Past 10 Years
Min: 1.89   Med: 2.05   Max: 3.18
Current: 2.16

During the past 3 years, Karnell Group AB's highest PB Ratio was 3.18. The lowest was 1.89. And the median was 2.05.

OSTO:KARNEL B's PB Ratio is ranked worse than
88.21% of 1688 companies
in the Asset Management industry
Industry Median: 0.95 vs OSTO:KARNEL B: 2.16

During the past 12 months, Karnell Group AB's average Book Value Per Share Growth Rate was 2.20% per year.

Back to Basics: PB Ratio


Karnell Group AB PB Ratio Historical Data

The historical data trend for Karnell Group AB'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.

Karnell Group AB PB Ratio Chart

Karnell Group AB Annual Data
Trend Dec21 Dec22 Dec23
PB Ratio
- - -

Karnell Group AB Quarterly Data
Dec21 Dec22 Mar23 Dec23 Mar24
PB Ratio - - - - 2.33

Competitive Comparison of Karnell Group AB's PB Ratio

For the Asset Management subindustry, Karnell Group AB'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.


Karnell Group AB's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Karnell Group AB's PB Ratio distribution charts can be found below:

* The bar in red indicates where Karnell Group AB's PB Ratio falls into.



Karnell Group AB 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.

Karnell Group AB's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=43.92/20.265
=2.17

* 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.


Karnell Group AB  (OSTO:KARNEL 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.


Karnell Group AB PB Ratio Related Terms

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


Karnell Group AB (OSTO:KARNEL B) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Riddargatan 13D, Stockholm, SWE, 114 51
Karnell Group AB is a company that is an active owner of industrial technology companies. The Company's business concept is to use a systematic and proactive acquisition strategy to identify and invest in industrial technology companies where Karnell believes there is development potential and thus an opportunity for value creation with Karnell as a long-term owner. It consists of twelve directly owned group companies, with subsidiaries, divided into two business areas that includes Product companies and Niched manufacturers. The business area Product companies consists of companies that wholly or predominantly base their business on proprietary products, which may include various rights such as trademarks, patents, etc.

Karnell Group AB (OSTO:KARNEL B) Headlines

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