Merus Power Oyj (OHEL:MERUS) Price-to-Tangible-Book : 3.71 (As of May. 11, 2024)

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What is Merus Power Oyj Price-to-Tangible-Book?

As of today (2024-05-11), Merus Power Oyj's share price is €4.16. Merus Power Oyj's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €1.12. Hence, Merus Power Oyj's Price to Tangible Book Ratio of today is 3.71.

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

OHEL:MERUS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.74 Med: 3.61 Max: 5.47
Current: 3.71

During the past 6 years, Merus Power Oyj's highest Price to Tangible Book Ratio was 5.47. The lowest was 2.74. And the median was 3.61.

OHEL:MERUS's Price-to-Tangible-Book is ranked worse than
74.07% of 2827 companies
in the Industrial Products industry
Industry Median: 2.14 vs OHEL:MERUS: 3.71

A closely related ratio is called PB Ratio. As of today, Merus Power Oyj's share price is €4.16. Merus Power Oyj's Book Value per Sharefor the quarter that ended in Dec. 2023 was €1.58. Hence, Merus Power Oyj's P/B Ratio of today is 2.63.

Merus Power Oyj Price-to-Tangible-Book Historical Data

The historical data trend for Merus Power Oyj'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.

Merus Power Oyj Price-to-Tangible-Book Chart

Merus Power Oyj Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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5.47

2.74

3.61

Merus Power Oyj Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial					5.47	4.39	2.74	3.93	3.61

Competitive Comparison of Merus Power Oyj's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Merus Power Oyj'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.

Merus Power Oyj's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Merus Power Oyj's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Merus Power Oyj's Price-to-Tangible-Book falls into.

Merus Power Oyj Price-to-Tangible-Book Calculation

Merus Power Oyj's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	4.16	/	1.12
	=	3.71

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.

Merus Power Oyj Price-to-Tangible-Book Related Terms

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

Merus Power Oyj (OHEL:MERUS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Merus Power Oyj (OHEL:MERUS) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

99H:Germany

Address

Pirkkalaistie 1, Nokia, FIN, 37100

Website

https://www.meruspower.fi

Merus Power Oyj Is engaged in the design, manufacturing and sale of domestic innovative electricity storage, power quality solutions and services. The company's business is based on scalable and modular power electronics, intelligent software technologies and electrical engineering expertise.

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