New Wave Group AB (OSTO:NEWA B) Price-to-Tangible-Book : 2.93 (As of May. 21, 2024)

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What is New Wave Group AB Price-to-Tangible-Book?

As of today (2024-05-21), New Wave Group AB's share price is kr110.20. New Wave Group AB's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was kr37.63. Hence, New Wave Group AB's Price to Tangible Book Ratio of today is 2.93.

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

OSTO:NEWA B' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.79 Med: 1.68 Max: 3.6
Current: 2.93

During the past 13 years, New Wave Group AB's highest Price to Tangible Book Ratio was 3.60. The lowest was 0.79. And the median was 1.68.

OSTO:NEWA B's Price-to-Tangible-Book is ranked worse than
65.91% of 974 companies
in the Retail - Cyclical industry
Industry Median: 1.815 vs OSTO:NEWA B: 2.93

A closely related ratio is called PB Ratio. As of today, New Wave Group AB's share price is kr110.20. New Wave Group AB's Book Value per Sharefor the quarter that ended in Mar. 2024 was kr51.45. Hence, New Wave Group AB's P/B Ratio of today is 2.14.

New Wave Group AB Price-to-Tangible-Book Historical Data

The historical data trend for New Wave 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.

New Wave Group AB Price-to-Tangible-Book Chart

New Wave Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.76

1.47

3.60

3.32

2.87

New Wave Group AB 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															2.71	2.88	2.23	2.87	3.40

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

For the Specialty Retail subindustry, New Wave 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.

New Wave Group AB's Price-to-Tangible-Book Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, New Wave Group AB's Price-to-Tangible-Book distribution charts can be found below:

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

New Wave Group AB Price-to-Tangible-Book Calculation

New Wave 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 )
	=	110.20	/	37.629
	=	2.93

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.

New Wave Group AB Price-to-Tangible-Book Related Terms

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

New Wave Group AB (OSTO:NEWA B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » New Wave Group AB (OSTO:NEWA B) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

NWG0:Germany

Address

Kungsportsavenyen 10, Gothenburg, SWE, 41136

Website

https://www.nwg.se

New Wave Group AB is a Sweden-based company that designs, acquires and develops brands and products in the corporate promo, gifts, and home furnishings sectors. The group achieves synergies by coordinating the design, purchasing, marketing, warehousing and distribution of its product range. To ensure good diversification, the Group market its products in the corporate promo market and the retail market. The group divides its operations into three operating segments, Corporate, Sports and Leisure, and Gifts and Home Furnishings.

New Wave Group AB (OSTO:NEWA B) Headlines

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