Karnell Group AB (OSTO:KARNEL B) Price-to-Tangible-Book : 8.31 (As of May. 26, 2024)

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What is Karnell Group AB Price-to-Tangible-Book?

As of today (2024-05-26), Karnell Group AB's share price is kr43.92. Karnell Group AB's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was kr5.29. Hence, Karnell Group AB's Price to Tangible Book Ratio of today is 8.31.

The historical rank and industry rank for Karnell Group AB's Price-to-Tangible-Book or its related term are showing as below:

OSTO:KARNEL B' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 8.3 Med: 8.93 Max: 8.93
Current: 8.3

During the past 3 years, Karnell Group AB's highest Price to Tangible Book Ratio was 8.93. The lowest was 8.30. And the median was 8.93.

OSTO:KARNEL B's Price-to-Tangible-Book is ranked worse than
96.12% of 1623 companies
in the Asset Management industry
Industry Median: 0.96 vs OSTO:KARNEL B: 8.30

A closely related ratio is called PB Ratio. As of today, Karnell Group AB's share price is kr43.92. Karnell Group AB's Book Value per Sharefor the quarter that ended in Mar. 2024 was kr20.27. Hence, Karnell Group AB's P/B Ratio of today is 2.17.

Karnell Group AB Price-to-Tangible-Book Historical Data

The historical data trend for Karnell Group AB'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.

Karnell Group AB Price-to-Tangible-Book Chart

Karnell Group AB Annual Data

Trend

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Karnell Group AB Quarterly Data
	Dec21	Dec22	Mar23	Dec23	Mar24
Price-to-Tangible-Book	-	-	-	-	8.93

Competitive Comparison of Karnell Group AB's Price-to-Tangible-Book

For the Asset Management subindustry, Karnell Group AB'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.

Karnell Group AB's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where Karnell Group AB's Price-to-Tangible-Book falls into.

Karnell Group AB Price-to-Tangible-Book Calculation

Karnell Group AB's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	43.92	/	5.285
	=	8.31

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.

Karnell Group AB Price-to-Tangible-Book Related Terms

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

Karnell Group AB (OSTO:KARNEL B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Karnell Group AB (OSTO:KARNEL B) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Riddargatan 13D, Stockholm, SWE, 114 51

Website

https://www.karnell.se

Karnell Group AB is a company that is an active owner of industrial technology companies. The Company's business concept is to use a systematic and proactive acquisition strategy to identify and invest in industrial technology companies where Karnell believes there is development potential and thus an opportunity for value creation with Karnell as a long-term owner. It consists of twelve directly owned group companies, with subsidiaries, divided into two business areas that includes Product companies and Niched manufacturers. The business area Product companies consists of companies that wholly or predominantly base their business on proprietary products, which may include various rights such as trademarks, patents, etc.

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