Nordex SE (WBO:NDX1) Price-to-Tangible-Book

: 12.36 (As of Today)

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As of today (2024-04-24), Nordex SE's share price is €12.81. Nordex SE's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €1.04. Hence, Nordex SE's Price to Tangible Book Ratio of today is 12.36.

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

WBO:NDX1' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.38 Med: 10.47 Max: 66.53
Current: 12.32

During the past 13 years, Nordex SE's highest Price to Tangible Book Ratio was 66.53. The lowest was 4.38. And the median was 10.47.

WBO:NDX1's Price-to-Tangible-Book is ranked worse than
94.37% of 2822 companies
in the Industrial Products industry
Industry Median: 2.07 vs WBO:NDX1: 12.32

A closely related ratio is called PB Ratio. As of today, Nordex SE's share price is €12.81. Nordex SE's Book Value per Sharefor the quarter that ended in Dec. 2023 was €4.13. Hence, Nordex SE's P/B Ratio of today is 3.10.

Nordex SE Price-to-Tangible-Book Historical Data

The historical data trend for Nordex SE'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.

Nordex SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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66.32

6.68

17.91

10.10

Nordex SE 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															17.91	-	9.77	12.67	10.10

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Nordex SE'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.

Nordex SE Price-to-Tangible-Book Distribution

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

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

Nordex SE Price-to-Tangible-Book Calculation

Nordex SE's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	12.81	/	1.036
	=	12.36

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.

Nordex SE Price-to-Tangible-Book Related Terms

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

Nordex SE (WBO:NDX1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nordex SE (WBO:NDX1) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

NRXXY:USA NRDXF:USA 1NDX:Italy NDX1d:UK 0MEC:UK NDX1:Germany NDX1:Germany NDX1:Germany NDX1:Germany

Address

Langenhorner Chaussee 600, Hamburg, DEU, 22419

Website

https://www.nordex-online.com

Nordex SE is a German company that develops, manufactures, services, and markets wind power systems. The company manages its activities via Projects and Service segments. The projects segment includes all activities associated with the development, production, assembly and commissioning of wind turbines and project development business. The services segment encompasses services and projects for existing turbines after their handover to customers. In particular, this includes technical services such as maintenance and remote monitoring of wind farms as well as repair and technical enhancements for existing turbines. The majority of the sales are done through the projects segment.

Nordex SE (WBO:NDX1) Headlines

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