Sofina (WBO:SOF) Price-to-Tangible-Book : 0.80 (As of Apr. 25, 2024)

View and export this data going back to 2018. Start your Free Trial

What is Sofina Price-to-Tangible-Book?

As of today (2024-04-25), Sofina's share price is €218.60. Sofina's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €272.57. Hence, Sofina's Price to Tangible Book Ratio of today is 0.80.

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

WBO:SOF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.63 Med: 0.81 Max: 1.28
Current: 0.81

During the past 13 years, Sofina's highest Price to Tangible Book Ratio was 1.28. The lowest was 0.63. And the median was 0.81.

WBO:SOF's Price-to-Tangible-Book is ranked better than
74.86% of 1623 companies
in the Asset Management industry
Industry Median: 0.93 vs WBO:SOF: 0.81

A closely related ratio is called PB Ratio. As of today, Sofina's share price is €218.60. Sofina's Book Value per Sharefor the quarter that ended in Dec. 2023 was €272.84. Hence, Sofina's P/B Ratio of today is 0.80.

Sofina Price-to-Tangible-Book Historical Data

The historical data trend for Sofina'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.

Sofina Price-to-Tangible-Book Chart

Sofina Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.85

1.05

1.27

0.75

0.83

Sofina Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.27	-	0.75	0.69	0.83

Competitive Comparison of Sofina's Price-to-Tangible-Book

For the Asset Management subindustry, Sofina'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.

Sofina's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Sofina's Price-to-Tangible-Book distribution charts can be found below:

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

Sofina Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	218.60	/	272.572
	=	0.80

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.

Sofina Price-to-Tangible-Book Related Terms

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

Sofina (WBO:SOF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Sofina SA (WBO:SOF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

SFNXF:USA SOFb:UK 0G2X:UK 8FS:Germany SOF:Belgium

Address

Rue de l’Industrie 31, Bruxelles, BEL, 1040

Website

http://www.sofina.be

Sofina SA is a long-term oriented, investment holding company that favors allocating capital to entrepreneurs. The company also provides its investees access to a support network. Sofina only takes minority ownership positions in its long-term holdings with capital from its own balance sheet. Its portfolio holdings constitute the majority of its net asset value and come mostly from Europe. A smaller percentage of its net asset value base comes from investments in venture capital and private equity funds, mostly in the United States and in Asia.