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Sparebank 1 Ostfold Akershus (OSL:SOAG) Price-to-Tangible-Book : 0.90 (As of Apr. 26, 2024)


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What is Sparebank 1 Ostfold Akershus Price-to-Tangible-Book?

As of today (2024-04-26), Sparebank 1 Ostfold Akershus's share price is kr326.10. Sparebank 1 Ostfold Akershus's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was kr362.16. Hence, Sparebank 1 Ostfold Akershus's Price to Tangible Book Ratio of today is 0.90.

The historical rank and industry rank for Sparebank 1 Ostfold Akershus's Price-to-Tangible-Book or its related term are showing as below:

OSL:SOAG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.59   Med: 0.81   Max: 1.06
Current: 0.9

During the past 13 years, Sparebank 1 Ostfold Akershus's highest Price to Tangible Book Ratio was 1.06. The lowest was 0.59. And the median was 0.81.

OSL:SOAG's Price-to-Tangible-Book is ranked better than
52.85% of 1438 companies
in the Banks industry
Industry Median: 0.93 vs OSL:SOAG: 0.90

A closely related ratio is called PB Ratio. As of today, Sparebank 1 Ostfold Akershus's share price is kr326.10. Sparebank 1 Ostfold Akershus's Book Value per Sharefor the quarter that ended in Dec. 2023 was kr364.91. Hence, Sparebank 1 Ostfold Akershus's P/B Ratio of today is 0.89.


Sparebank 1 Ostfold Akershus Price-to-Tangible-Book Historical Data

The historical data trend for Sparebank 1 Ostfold Akershus'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 Ostfold Akershus Price-to-Tangible-Book Chart

Sparebank 1 Ostfold Akershus 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 0.84 0.87 1.06 0.91 0.88

Sparebank 1 Ostfold Akershus 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 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 0.91 0.95 0.91 0.88 0.88

Competitive Comparison of Sparebank 1 Ostfold Akershus's Price-to-Tangible-Book

For the Banks - Regional subindustry, Sparebank 1 Ostfold Akershus'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 Ostfold Akershus's Price-to-Tangible-Book Distribution in the Banks Industry

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

* The bar in red indicates where Sparebank 1 Ostfold Akershus's Price-to-Tangible-Book falls into.



Sparebank 1 Ostfold Akershus Price-to-Tangible-Book Calculation

Sparebank 1 Ostfold Akershus's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=326.10/362.16
=0.90

* 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.


Sparebank 1 Ostfold Akershus Price-to-Tangible-Book Related Terms

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


Sparebank 1 Ostfold Akershus (OSL:SOAG) Business Description

Traded in Other Exchanges
N/A
Address
Kongensgate 21, Moss, NOR, 1501
Sparebank 1 Ostfold Akershus is a regional savings bank operating through SpareBank 1 Corp. It offers a range of financial services including loans, savings, advice, insurance and pensions to personal and corporate customers. The Bank also offers credit cards, debit cards, structured products, stock savings, mobile banking and online banking services.

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