SpareBank 1 Nord-Norge (OSL:NONG) Price-to-Tangible-Book

: 0.58 (As of Today)

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As of today (2024-04-18), SpareBank 1 Nord-Norge's share price is kr97.43. SpareBank 1 Nord-Norge's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was kr166.86. Hence, SpareBank 1 Nord-Norge's Price to Tangible Book Ratio of today is 0.58.

The historical rank and industry rank for SpareBank 1 Nord-Norge's Price-to-Tangible-Book or its related term are showing as below:

OSL:NONG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.37 Med: 0.51 Max: 0.69
Current: 0.58

During the past 13 years, SpareBank 1 Nord-Norge's highest Price to Tangible Book Ratio was 0.69. The lowest was 0.37. And the median was 0.51.

OSL:NONG's Price-to-Tangible-Book is ranked better than
77.34% of 1443 companies
in the Banks industry
Industry Median: 0.91 vs OSL:NONG: 0.58

A closely related ratio is called PB Ratio. As of today, SpareBank 1 Nord-Norge's share price is kr97.43. SpareBank 1 Nord-Norge's Book Value per Sharefor the quarter that ended in Dec. 2023 was kr168.78. Hence, SpareBank 1 Nord-Norge's P/B Ratio of today is 0.58.

SpareBank 1 Nord-Norge Price-to-Tangible-Book Historical Data

The historical data trend for SpareBank 1 Nord-Norge'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.

SpareBank 1 Nord-Norge Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

0.56

0.50

0.69

0.62

SpareBank 1 Nord-Norge 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																0.62	0.60	0.64	0.61	0.62

Competitive Comparison

For the Banks - Regional subindustry, SpareBank 1 Nord-Norge'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.

SpareBank 1 Nord-Norge Price-to-Tangible-Book Distribution

For the Banks industry and Financial Services sector, SpareBank 1 Nord-Norge's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where SpareBank 1 Nord-Norge's Price-to-Tangible-Book falls into.

SpareBank 1 Nord-Norge Price-to-Tangible-Book Calculation

SpareBank 1 Nord-Norge's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	97.43	/	166.856
	=	0.58

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.

SpareBank 1 Nord-Norge Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of SpareBank 1 Nord-Norge's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

SpareBank 1 Nord-Norge (OSL:NONG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SpareBank 1 Nord-Norge (OSL:NONG) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

0J1N:UK 93S:Germany

Address

Storgata 65, PO Box 6800, Tromso, NOR, 9008

Website

https://www.snn.no

SpareBank 1 Nord-Norge is a Norwegian banking services provider. Apart from general banking solutions, its areas of expertise include estate agency, asset financing, and accounting operations. The company operates with primary segments, namely Retail Banking, Corporate Banking, and leasing & Markets. The Retail Banking segment serves individual customers through the provision of retail banking products such as loans, deposits, cards, and insurances. The Corporate Banking segment focuses purely on corporate customers. The bank also provides real estate brokerage, trading in securities, active investment management, and value assessment.

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