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Sparebank 68 Grader Nord (OSL:SB68) Price-to-Tangible-Book : 0.32 (As of May. 25, 2024)


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What is Sparebank 68 Grader Nord Price-to-Tangible-Book?

As of today (2024-05-25), Sparebank 68 Grader Nord's share price is kr159.00. Sparebank 68 Grader Nord's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was kr501.54. Hence, Sparebank 68 Grader Nord's Price to Tangible Book Ratio of today is 0.32.

The historical rank and industry rank for Sparebank 68 Grader Nord's Price-to-Tangible-Book or its related term are showing as below:

OSL:SB68' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.32   Med: 0.39   Max: 8.68
Current: 0.32

During the past 6 years, Sparebank 68 Grader Nord's highest Price to Tangible Book Ratio was 8.68. The lowest was 0.32. And the median was 0.39.

OSL:SB68's Price-to-Tangible-Book is ranked better than
92.51% of 1442 companies
in the Banks industry
Industry Median: 0.92 vs OSL:SB68: 0.32

A closely related ratio is called PB Ratio. As of today, Sparebank 68 Grader Nord's share price is kr159.00. Sparebank 68 Grader Nord's Book Value per Sharefor the quarter that ended in Mar. 2024 was kr501.54. Hence, Sparebank 68 Grader Nord's P/B Ratio of today is 0.32.


Sparebank 68 Grader Nord Price-to-Tangible-Book Historical Data

The historical data trend for Sparebank 68 Grader Nord'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.

Sparebank 68 Grader Nord Price-to-Tangible-Book Chart

Sparebank 68 Grader Nord Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - 0.41 8.68 8.34

Sparebank 68 Grader Nord Quarterly Data
Dec18 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 0.35 0.34 0.34 8.34 0.32

Competitive Comparison of Sparebank 68 Grader Nord's Price-to-Tangible-Book

For the Banks - Regional subindustry, Sparebank 68 Grader Nord'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.


Sparebank 68 Grader Nord's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sparebank 68 Grader Nord's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Sparebank 68 Grader Nord's Price-to-Tangible-Book falls into.



Sparebank 68 Grader Nord Price-to-Tangible-Book Calculation

Sparebank 68 Grader Nord's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=159.00/501.54
=0.32

* 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.


Sparebank 68 Grader Nord Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Sparebank 68 Grader Nord's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Sparebank 68 Grader Nord (OSL:SB68) Business Description

Traded in Other Exchanges
N/A
Address
Storgata 9, Leknes, NOR, 8370
Sparebank 68 Grader Nord is a local savings bank, focused on retail banking and insurance products and services. The range of products offered includes current accounts, payment cards, savings accounts, consumer loans, car loans, and mortgage loans.

Sparebank 68 Grader Nord (OSL:SB68) Headlines

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