Aquila European Renewables (LSE:AERI) Price-to-Tangible-Book : 0.72 (As of May. 14, 2024)

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What is Aquila European Renewables Price-to-Tangible-Book?

As of today (2024-05-14), Aquila European Renewables's share price is €0.714. Aquila European Renewables's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €0.99. Hence, Aquila European Renewables's Price to Tangible Book Ratio of today is 0.72.

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

LSE:AERI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.72 Med: 0.99 Max: 1.07
Current: 0.72

During the past 5 years, Aquila European Renewables's highest Price to Tangible Book Ratio was 1.07. The lowest was 0.72. And the median was 0.99.

LSE:AERI's Price-to-Tangible-Book is ranked better than
80.97% of 1624 companies
in the Asset Management industry
Industry Median: 0.96 vs LSE:AERI: 0.72

A closely related ratio is called PB Ratio. As of today, Aquila European Renewables's share price is €0.714. Aquila European Renewables's Book Value per Sharefor the quarter that ended in Dec. 2023 was €0.99. Hence, Aquila European Renewables's P/B Ratio of today is 0.72.

Aquila European Renewables Price-to-Tangible-Book Historical Data

The historical data trend for Aquila European Renewables'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.

Aquila European Renewables Price-to-Tangible-Book Chart

Aquila European Renewables Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

1.05

1.07

0.99

0.83

0.80

Aquila European Renewables Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial			0.99	0.96	0.83	0.86	0.80

Competitive Comparison of Aquila European Renewables's Price-to-Tangible-Book

For the Asset Management subindustry, Aquila European Renewables'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.

Aquila European Renewables's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Aquila European Renewables's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Aquila European Renewables's Price-to-Tangible-Book falls into.

Aquila European Renewables Price-to-Tangible-Book Calculation

Aquila European Renewables's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.714	/	0.985
	=	0.72

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.

Aquila European Renewables Price-to-Tangible-Book Related Terms

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

Aquila European Renewables (LSE:AERI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Aquila European Renewables PLC (LSE:AERI) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

125 London Wall, 6th Floor, London, GBR, EC2Y 5AS

Website

https://www.aquila-european-renewables-income-fund

Aquila European Renewables PLC objective is an externally managed investment company. The Company's investment objective is to generate stable returns, principally in the form of income distributions, by investing in a diversified portfolio of Renewable Energy Infrastructure Investments.