Infortar AS (OTSE:INF1T) Price-to-Tangible-Book : 0.98 (As of May. 24, 2024)

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What is Infortar AS Price-to-Tangible-Book?

As of today (2024-05-24), Infortar AS's share price is €39.40. Infortar AS's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €40.05. Hence, Infortar AS's Price to Tangible Book Ratio of today is 0.98.

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

OTSE:INF1T' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.65 Med: 0.65 Max: 0.98
Current: 0.98

During the past 4 years, Infortar AS's highest Price to Tangible Book Ratio was 0.98. The lowest was 0.65. And the median was 0.65.

OTSE:INF1T's Price-to-Tangible-Book is ranked worse than
54.56% of 1624 companies
in the Asset Management industry
Industry Median: 0.96 vs OTSE:INF1T: 0.98

A closely related ratio is called PB Ratio. As of today, Infortar AS's share price is €39.40. Infortar AS's Book Value per Sharefor the quarter that ended in Dec. 2023 was €40.77. Hence, Infortar AS's P/B Ratio of today is 0.97.

Infortar AS Price-to-Tangible-Book Historical Data

The historical data trend for Infortar AS'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.

Infortar AS Price-to-Tangible-Book Chart

Infortar AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

0.65

Infortar AS Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Price-to-Tangible-Book	-	-	-	0.65

Competitive Comparison of Infortar AS's Price-to-Tangible-Book

For the Asset Management subindustry, Infortar AS'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.

Infortar AS's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

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

Infortar AS Price-to-Tangible-Book Calculation

Infortar AS's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	39.40	/	40.05
	=	0.98

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.

Infortar AS Price-to-Tangible-Book Related Terms

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

Infortar AS (OTSE:INF1T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Infortar AS (OTSE:INF1T) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

X8K:Germany

Address

Sadama 5, Tallinn, EST, 10111

Website

https://www.infortar.ee

Infortar AS is an investment holding company in the Baltics. The group focus is on four segment areas which are energy, shipping, real estate, and others. Energy segment consisting of natural gas and electricity trade and sale, natural gas distribution service, sale and bunkering of liquefied natural gas, sale of compressed gas, biomethane production, and solar electricity production, Real estate segment consisting of hotels, office buildings, logistics center, and other real estate object, and Other segment which predominantly includes construction, drug and pharmacy wholesale, building materials, printing, taxicab, and other activities.

Infortar AS (OTSE:INF1T) Headlines

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