Nordic Fibreboard AS (OTSE:SKN1T) Price-to-Tangible-Book : 0.97 (As of May. 21, 2024)

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What is Nordic Fibreboard AS Price-to-Tangible-Book?

As of today (2024-05-21), Nordic Fibreboard AS's share price is €0.932. Nordic Fibreboard AS's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €0.96. Hence, Nordic Fibreboard AS's Price to Tangible Book Ratio of today is 0.97.

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

OTSE:SKN1T' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.53 Med: 0.76 Max: 2.56
Current: 0.97

During the past 13 years, Nordic Fibreboard AS's highest Price to Tangible Book Ratio was 2.56. The lowest was 0.53. And the median was 0.76.

OTSE:SKN1T's Price-to-Tangible-Book is ranked better than
72.96% of 392 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.805 vs OTSE:SKN1T: 0.97

A closely related ratio is called PB Ratio. As of today, Nordic Fibreboard AS's share price is €0.932. Nordic Fibreboard AS's Book Value per Sharefor the quarter that ended in Mar. 2024 was €0.96. Hence, Nordic Fibreboard AS's P/B Ratio of today is 0.97.

Nordic Fibreboard AS Price-to-Tangible-Book Historical Data

The historical data trend for Nordic Fibreboard 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.

Nordic Fibreboard AS Price-to-Tangible-Book Chart

Nordic Fibreboard AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.21

0.77

2.28

1.42

0.92

Nordic Fibreboard AS 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															1.52	1.25	1.00	0.92	0.82

Competitive Comparison of Nordic Fibreboard AS's Price-to-Tangible-Book

For the Furnishings, Fixtures & Appliances subindustry, Nordic Fibreboard 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.

Nordic Fibreboard AS's Price-to-Tangible-Book Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Nordic Fibreboard AS's Price-to-Tangible-Book distribution charts can be found below:

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

Nordic Fibreboard AS Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	0.932	/	0.962
	=	0.97

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.

Nordic Fibreboard AS Price-to-Tangible-Book Related Terms

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

Nordic Fibreboard AS (OTSE:SKN1T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Nordic Fibreboard AS (OTSE:SKN1T) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rääma 31, Parnu, EST, 80044

Website

https://www.nordicfibreboard.com

Nordic Fibreboard AS is a company operating in the business of fiberboard and furniture products. It operates through the business segments of Fibreboard manufacturing and sale; Furniture retail sale and Real Estate Management. The company generates maximum revenue from the Fibreboard manufacturing and sale segment. Fibreboard manufacturing and sale segment include the manufacture of general construction boards based on softwood fibre boards and interior finishing boards in Parnu and Pussi factories and wholesale of those boards. Geographically, it derives a majority of revenue from the European Union and also has a presence in Russia; Asia; Africa; the Middle East and Other.

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