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Saab AB (Saab AB) Price-to-Tangible-Book : 6.54 (As of May. 22, 2024)


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

As of today (2024-05-22), Saab AB's share price is $23.44. Saab AB's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $3.58. Hence, Saab AB's Price to Tangible Book Ratio of today is 6.54.

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

SAABF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.61   Med: 1.56   Max: 7.4
Current: 6.7

During the past 13 years, Saab AB's highest Price to Tangible Book Ratio was 7.40. The lowest was 0.61. And the median was 1.56.

SAABF's Price-to-Tangible-Book is ranked worse than
73.44% of 256 companies
in the Aerospace & Defense industry
Industry Median: 3.115 vs SAABF: 6.70

A closely related ratio is called PB Ratio. As of today, Saab AB's share price is $23.44. Saab AB's Book Value per Sharefor the quarter that ended in Mar. 2024 was $5.89. Hence, Saab AB's P/B Ratio of today is 3.98.


Saab AB Price-to-Tangible-Book Historical Data

The historical data trend for Saab 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.

Saab AB Price-to-Tangible-Book Chart

Saab 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 4.21 3.04 2.61 3.18 4.25

Saab 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 1.20 1.02 3.93 4.25 6.21

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

For the Aerospace & Defense subindustry, Saab 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.


Saab AB's Price-to-Tangible-Book Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Saab AB's Price-to-Tangible-Book distribution charts can be found below:

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



Saab AB Price-to-Tangible-Book Calculation

Saab 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 )
=23.44/3.584
=6.54

* 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.


Saab AB Price-to-Tangible-Book Related Terms

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


Saab AB (Saab AB) Business Description

Address
Olof Palmes gata 17, 5th Floor, Stockholm, SWE, SE-111 22
Saab AB supplies products and services for military, defense, and civil security. The company operates within six segments: Aeronautics, Dynamics, Surveillance, Support and Services, Industrial Products and Services, and Kockums. Aeronautics involves the manufacturing of defense and commercial aerial systems. Dynamics produces combat weapons and defense training and management systems. The Surveillance segment supplies security services. Support and Services offers solutions related to civil and military missions. IPS creates traffic management technology and aviation parts. Kockums offers solutions for naval missions. Over three quarters of its sales are from the defense sector. The company sells to multiple geographic regions, but over half of its sales come from Europe.

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