2G Energy AG (XTER:2GB) Price-to-Tangible-Book

: 3.67 (As of Today)

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As of today (2024-04-18), 2G Energy AG's share price is €21.15. 2G Energy AG's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was €5.76. Hence, 2G Energy AG's Price to Tangible Book Ratio of today is 3.67.

The historical rank and industry rank for 2G Energy AG's Price-to-Tangible-Book or its related term are showing as below:

XTER:2GB' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.56 Med: 2.96 Max: 5.51
Current: 3.67

During the past 13 years, 2G Energy AG's highest Price to Tangible Book Ratio was 5.51. The lowest was 1.56. And the median was 2.96.

XTER:2GB's Price-to-Tangible-Book is ranked worse than
74.51% of 2821 companies
in the Industrial Products industry
Industry Median: 2.06 vs XTER:2GB: 3.67

A closely related ratio is called PB Ratio. As of today, 2G Energy AG's share price is €21.15. 2G Energy AG's Book Value per Sharefor the quarter that ended in Jun. 2023 was €6.06. Hence, 2G Energy AG's P/B Ratio of today is 3.49.

2G Energy AG Price-to-Tangible-Book Historical Data

The historical data trend for 2G Energy AG'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.

2G Energy AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

1.70

3.04

5.27

5.14

4.06

2G Energy AG Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Price-to-Tangible-Book																5.51	5.14	4.54	4.06	4.85

Competitive Comparison

For the Specialty Industrial Machinery subindustry, 2G Energy AG'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.

2G Energy AG Price-to-Tangible-Book Distribution

For the Industrial Products industry and Industrials sector, 2G Energy AG's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where 2G Energy AG's Price-to-Tangible-Book falls into.

2G Energy AG Price-to-Tangible-Book Calculation

2G Energy AG's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	21.15	/	5.757
	=	3.67

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.

2G Energy AG Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of 2G Energy AG's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

2G Energy AG (XTER:2GB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » 2G Energy AG (XTER:2GB) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

2GB:Germany 2GB:Germany

Address

Benzstrasse 3, Heek, NW, DEU, 48619

Website

https://www.2-g.de

2G Energy AG is a Germany based company manufacturer and provider of decentralized energy supply systems. The group through development, production, and technical installation, as well as digital grid integration, combined heat and power systems (CHP), offers comprehensive solutions for combined heat and power generation. The product range of the company includes CHP modules for operation deploying natural gas, biogas, other lean gases, and hydrogen. The company's products have applications in sectors like Chemical and pharmaceutical industries, Horticultural, shopping centers, landfills, hotels, heating networks, swimming pools, and others. The group has business operations in Germany and internationally, of which the majority of the revenue is derived from the operations in Germany.

Executives

Dr. Lukas Lenz

Supervisory Board

2G Energy AG (XTER:2GB) Headlines

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