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Nordfyns Bank A/S (OCSE:NRDF) Price-to-Tangible-Book : 0.79 (As of May. 15, 2024)


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What is Nordfyns Bank A/S Price-to-Tangible-Book?

As of today (2024-05-15), Nordfyns Bank A/S's share price is kr354.00. Nordfyns Bank A/S's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was kr445.31. Hence, Nordfyns Bank A/S's Price to Tangible Book Ratio of today is 0.79.

The historical rank and industry rank for Nordfyns Bank A/S's Price-to-Tangible-Book or its related term are showing as below:

OCSE:NRDF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.41   Med: 0.67   Max: 0.89
Current: 0.79

During the past 13 years, Nordfyns Bank A/S's highest Price to Tangible Book Ratio was 0.89. The lowest was 0.41. And the median was 0.67.

OCSE:NRDF's Price-to-Tangible-Book is ranked better than
63.1% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs OCSE:NRDF: 0.79

A closely related ratio is called PB Ratio. As of today, Nordfyns Bank A/S's share price is kr354.00. Nordfyns Bank A/S's Book Value per Sharefor the quarter that ended in Mar. 2024 was kr445.80. Hence, Nordfyns Bank A/S's P/B Ratio of today is 0.79.


Nordfyns Bank A/S Price-to-Tangible-Book Historical Data

The historical data trend for Nordfyns Bank A/S'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.

Nordfyns Bank A/S Price-to-Tangible-Book Chart

Nordfyns Bank A/S 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 0.45 0.51 0.67 0.57 0.62

Nordfyns Bank A/S 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 0.62 0.65 0.63 0.62 0.77

Competitive Comparison of Nordfyns Bank A/S's Price-to-Tangible-Book

For the Banks - Regional subindustry, Nordfyns Bank A/S'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.


Nordfyns Bank A/S's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Nordfyns Bank A/S's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Nordfyns Bank A/S's Price-to-Tangible-Book falls into.



Nordfyns Bank A/S Price-to-Tangible-Book Calculation

Nordfyns Bank A/S's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=354.00/445.314
=0.79

* 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.


Nordfyns Bank A/S Price-to-Tangible-Book Related Terms

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


Nordfyns Bank A/S (OCSE:NRDF) Business Description

Traded in Other Exchanges
N/A
Address
Adelgade 49, Bogense, DNK, 5400
Nordfyns Bank A/S is a regional bank. It is engaged in the provision of banking products to private and corporate customers. It offers accounts and deposits, car loans, mortgages, and savings products; life, travel, and injury insurance products; and investment products, credit cards, pension savings, mobile and online banking services, and commercial assets leasing services.

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