BankNordik P/F (OCSE:BNORDIK CSE) Price-to-Tangible-Book : 0.74 (As of May. 16, 2024)

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What is BankNordik P/F Price-to-Tangible-Book?

As of today (2024-05-16), BankNordik P/F's share price is kr151.50. BankNordik P/F's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was kr205.98. Hence, BankNordik P/F's Price to Tangible Book Ratio of today is 0.74.

The historical rank and industry rank for BankNordik P/F's Price-to-Tangible-Book or its related term are showing as below:

OCSE:BNORDIK CSE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.41 Med: 0.65 Max: 0.97
Current: 0.74

During the past 13 years, BankNordik P/F's highest Price to Tangible Book Ratio was 0.97. The lowest was 0.41. And the median was 0.65.

OCSE:BNORDIK CSE's Price-to-Tangible-Book is ranked better than
68.38% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs OCSE:BNORDIK CSE: 0.74

A closely related ratio is called PB Ratio. As of today, BankNordik P/F's share price is kr151.50. BankNordik P/F's Book Value per Sharefor the quarter that ended in Mar. 2024 was kr206.54. Hence, BankNordik P/F's P/B Ratio of today is 0.73.

BankNordik P/F Price-to-Tangible-Book Historical Data

The historical data trend for BankNordik P/F'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.

BankNordik P/F Price-to-Tangible-Book Chart

BankNordik P/F Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.46

0.60

0.62

0.67

0.79

BankNordik P/F 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															0.97	0.74	0.82	0.79	0.74

Competitive Comparison of BankNordik P/F's Price-to-Tangible-Book

For the Banks - Regional subindustry, BankNordik P/F'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.

BankNordik P/F's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, BankNordik P/F's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where BankNordik P/F's Price-to-Tangible-Book falls into.

BankNordik P/F Price-to-Tangible-Book Calculation

BankNordik P/F's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	151.50	/	205.98
	=	0.74

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.

BankNordik P/F Price-to-Tangible-Book Related Terms

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

BankNordik P/F (OCSE:BNORDIK CSE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » BankNordik P/F (OCSE:BNORDIK CSE) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

BNW:Germany

Address

Oknarvegur 5, P.O. Box 3048, Torshavn, FRO, FO-110

Website

https://www.banknordik.fo

BankNordik P/F is a banking company. The bank provides a range of banking products and financial services to private and corporate customers. Its business units includes Banking and Non-life insurance. The Banking unit comprises Personal Banking and Corporate Banking. Personal Banking comprises private customers in the Faroe Islands and Greenland. Corporate Banking comprises corporate customers mainly in the Faroe Islands and in Greenland. The corporate also comprises a few remaining corporate customers from Denmark. Non-life insurance comprises the insurance company P/F TRYGD based The Faroe Islands. TRYGD is responsible for the-life insurance products. The company operates in the Faroe Islands, Denmark and Greenland of which key revenue is derived from the Faroe Islands.

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