FREYR Battery (FREYR Battery) Price-to-Tangible-Book : 0.44 (As of May. 15, 2024)

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What is FREYR Battery Price-to-Tangible-Book?

As of today (2024-05-15), FREYR Battery's share price is $2.00. FREYR Battery's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was $4.51. Hence, FREYR Battery's Price to Tangible Book Ratio of today is 0.44.

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

FREY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.42 Med: 1.97 Max: 4.04
Current: 0.44

During the past 3 years, FREYR Battery's highest Price to Tangible Book Ratio was 4.04. The lowest was 0.42. And the median was 1.97.

FREY's Price-to-Tangible-Book is ranked better than
95.69% of 2831 companies
in the Industrial Products industry
Industry Median: 2.12 vs FREY: 0.44

A closely related ratio is called PB Ratio. As of today, FREYR Battery's share price is $2.00. FREYR Battery's Book Value per Sharefor the quarter that ended in Sep. 2023 was $4.53. Hence, FREYR Battery's P/B Ratio of today is 0.44.

FREYR Battery Price-to-Tangible-Book Historical Data

The historical data trend for FREYR Battery'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.

FREYR Battery Price-to-Tangible-Book Chart

FREYR Battery Annual Data

Trend

Dec20

Dec21

Dec22

Price-to-Tangible-Book

2.40

1.70

FREYR Battery Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial								4.04	1.70	1.86	2.08	1.09

Competitive Comparison of FREYR Battery's Price-to-Tangible-Book

For the Electrical Equipment & Parts subindustry, FREYR Battery'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.

FREYR Battery's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, FREYR Battery's Price-to-Tangible-Book distribution charts can be found below:

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

FREYR Battery Price-to-Tangible-Book Calculation

FREYR Battery's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	2.00	/	4.505
	=	0.44

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.

FREYR Battery Price-to-Tangible-Book Related Terms

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

FREYR Battery (FREYR Battery) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » FREYR Battery Inc (NYSE:FREY) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

T2T:Germany T2T:Germany

Address

Boulevard Royal, 22-24, Level 2449, Luxembourg, LUX, L-2449

Website

https://www.freyrbattery.com

FREYR Battery Inc is an emerging producer of clean battery solutions for the planet. It designs and manufactures high-density and cost-competitive lithium-ion batteries with a reduced carbon footprint for the markets for electric mobility, stationary energy storage, and marine and aviation applications.