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Arjo AB (FRA:A39) Price-to-Tangible-Book : 21.57 (As of May. 12, 2024)


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What is Arjo AB Price-to-Tangible-Book?

As of today (2024-05-12), Arjo AB's share price is €3.926. Arjo AB's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €0.18. Hence, Arjo AB's Price to Tangible Book Ratio of today is 21.57.

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

FRA:A39' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 21.37   Med: 40.46   Max: 681.05
Current: 21.81

During the past 11 years, Arjo AB's highest Price to Tangible Book Ratio was 681.05. The lowest was 21.37. And the median was 40.46.

FRA:A39's Price-to-Tangible-Book is ranked worse than
98.78% of 82 companies
in the Medical Distribution industry
Industry Median: 1.48 vs FRA:A39: 21.81

A closely related ratio is called PB Ratio. As of today, Arjo AB's share price is €3.926. Arjo AB's Book Value per Sharefor the quarter that ended in Mar. 2024 was €2.63. Hence, Arjo AB's P/B Ratio of today is 1.50.


Arjo AB Price-to-Tangible-Book Historical Data

The historical data trend for Arjo AB'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.

Arjo AB Price-to-Tangible-Book Chart

Arjo AB 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 - - - 251.57 45.64

Arjo AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 35.28 34.45 27.80 45.64 24.93

Competitive Comparison of Arjo AB's Price-to-Tangible-Book

For the Medical Distribution subindustry, Arjo AB'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.


Arjo AB's Price-to-Tangible-Book Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Arjo AB's Price-to-Tangible-Book distribution charts can be found below:

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



Arjo AB Price-to-Tangible-Book Calculation

Arjo AB's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=3.926/0.182
=21.57

* 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.


Arjo AB Price-to-Tangible-Book Related Terms

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


Arjo AB (FRA:A39) Business Description

Address
Hans Michelsensgatan 10, Malmo, SWE, SE-211 20
Arjo AB is a supplier of medical devices, services, and solutions in Sweden. It serves its services to private and public institutions with acute care and long-term care. The company's offering includes products and solutions for patient handling, hygiene, disinfection, medical beds, therapeutic surfaces, venous thromboembolism (VTE) prevention and diagnostics. It also offers services such as training in connection with product sales. Geographically, it derives a majority of revenue from Western Europe and also has a presence in North America; and the Rest of the World.

Arjo AB (FRA:A39) Headlines

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