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Prevas AB (OSTO:PREV B) Price-to-Tangible-Book : 8.56 (As of May. 22, 2024)


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What is Prevas AB Price-to-Tangible-Book?

As of today (2024-05-22), Prevas AB's share price is kr136.60. Prevas AB's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was kr15.95. Hence, Prevas AB's Price to Tangible Book Ratio of today is 8.56.

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

OSTO:PREV B' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.3   Med: 10.8   Max: 815
Current: 8.56

During the past 13 years, Prevas AB's highest Price to Tangible Book Ratio was 815.00. The lowest was 3.30. And the median was 10.80.

OSTO:PREV B's Price-to-Tangible-Book is ranked worse than
74.98% of 2086 companies
in the Software industry
Industry Median: 3.645 vs OSTO:PREV B: 8.56

A closely related ratio is called PB Ratio. As of today, Prevas AB's share price is kr136.60. Prevas AB's Book Value per Sharefor the quarter that ended in Mar. 2024 was kr50.20. Hence, Prevas AB's P/B Ratio of today is 2.72.


Prevas AB Price-to-Tangible-Book Historical Data

The historical data trend for Prevas 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.

Prevas AB Price-to-Tangible-Book Chart

Prevas AB 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 7.63 6.65 10.80 11.09 9.21

Prevas 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 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 10.36 10.68 7.07 9.21 7.69

Competitive Comparison of Prevas AB's Price-to-Tangible-Book

For the Information Technology Services subindustry, Prevas 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.


Prevas AB's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Prevas AB's Price-to-Tangible-Book distribution charts can be found below:

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



Prevas AB Price-to-Tangible-Book Calculation

Prevas 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 )
=136.60/15.95
=8.56

* 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.


Prevas AB Price-to-Tangible-Book Related Terms

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


Prevas AB (OSTO:PREV B) Business Description

Industry
Traded in Other Exchanges
Address
Glodgargrand 14, Box 4, Vasteras, SWE, 72103
Prevas AB is a Sweden-based information technology (IT) company that offers solutions, services, and products to customers, who develop products with high IT content, and need to streamline and automate their operations. The company's products are segmented as automotive, products and units, steel and minerals, defense, energy, life science, manufacturing, engineering, and telecom industries.

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