KONE Oyj (OHEL:KNEBV) Price-to-Tangible-Book

: 22.91 (As of Today)

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As of today (2024-04-16), KONE Oyj's share price is €44.11. KONE Oyj's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €1.93. Hence, KONE Oyj's Price to Tangible Book Ratio of today is 22.91.

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

OHEL:KNEBV' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 14.61 Med: 20.81 Max: 35.51
Current: 22.85

During the past 13 years, KONE Oyj's highest Price to Tangible Book Ratio was 35.51. The lowest was 14.61. And the median was 20.81.

OHEL:KNEBV's Price-to-Tangible-Book is ranked worse than
97.98% of 2821 companies
in the Industrial Products industry
Industry Median: 2 vs OHEL:KNEBV: 22.85

A closely related ratio is called PB Ratio. As of today, KONE Oyj's share price is €44.11. KONE Oyj's Book Value per Sharefor the quarter that ended in Dec. 2023 was €5.32. Hence, KONE Oyj's P/B Ratio of today is 8.29.

KONE Oyj Price-to-Tangible-Book Historical Data

The historical data trend for KONE Oyj'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.

KONE Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

19.37

21.21

21.03

20.58

23.52

KONE Oyj Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book																20.58	65.93	51.60	28.33	23.52

Competitive Comparison

For the Specialty Industrial Machinery subindustry, KONE Oyj'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.

KONE Oyj Price-to-Tangible-Book Distribution

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

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

KONE Oyj Price-to-Tangible-Book Calculation

KONE Oyj's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	44.11	/	1.925
	=	22.91

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.

KONE Oyj Price-to-Tangible-Book Related Terms

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

KONE Oyj (OHEL:KNEBV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » KONE Oyj (OHEL:KNEBV) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

KNYJY:USA KNYJF:USA 1KNEBV:Italy KNEBVh:UK 0II2:UK KC4:Germany

Address

Keilasatama 3, P.O. Box 7, Espoo, FIN, FI-02150

Website

https://www.kone.com

Kone is a global top-four supplier of elevators and escalators. Kone began producing elevators in Finland in 1918 and today generates revenue in three ways: selling new elevators and escalators, modernizing old equipment, and servicing its installed base. Most of the company's profit comes from the last activity, where contracts are rolled over annually with built-in price increases. The bulk of Kone's business is in elevators, which are more numerous globally than escalators. Its business model is similar to its closest competitors Otis, Schindler, and TK Elevator.

KONE Oyj (OHEL:KNEBV) Headlines

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