NRKBY (NKT AS) PB Ratio : 2.41 (As of Dec. 14, 2024)

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What is NKT AS PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-12-14), NKT AS's share price is $18.69. NKT AS's Book Value per Share for the quarter that ended in Sep. 2024 was $7.74. Hence, NKT AS's PB Ratio of today is 2.41.

The historical rank and industry rank for NKT AS's PB Ratio or its related term are showing as below:

NRKBY' s PB Ratio Range Over the Past 10 Years
Min: 0.34 Med: 0.98 Max: 2.75
Current: 2.03

During the past 13 years, NKT AS's highest PB Ratio was 2.75. The lowest was 0.34. And the median was 0.98.

NRKBY's PB Ratio is ranked better than
52.44% of 2931 companies
in the Industrial Products industry
Industry Median: 2.12 vs NRKBY: 2.03

During the past 12 months, NKT AS's average Book Value Per Share Growth Rate was 22.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of NKT AS was 15.20% per year. The lowest was -5.80% per year. And the median was 3.60% per year.

Back to Basics: PB Ratio

NKT AS PB Ratio Historical Data

The historical data trend for NKT AS's PB Ratio 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.

NKT AS PB Ratio Chart

NKT AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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1.72

NKT AS Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
PB Ratio	Get a 7-Day Free Trial															1.82	1.72	1.70	1.50	2.41

Competitive Comparison of NKT AS's PB Ratio

For the Electrical Equipment & Parts subindustry, NKT AS's PB Ratio, along with its competitors' market caps and PB Ratio 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.

NKT AS's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, NKT AS's PB Ratio distribution charts can be found below:

* The bar in red indicates where NKT AS's PB Ratio falls into.

NKT AS PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

NKT AS's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2024)
	=	18.69	/	7.74
	=	2.41

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

NKT AS (OTCPK:NRKBY) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

NKT AS PB Ratio Related Terms

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NKT AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NKT AS (OTCPK:NRKBY) » Definitions » PB Ratio

Traded in Other Exchanges

NRKBF:USA NKTc:UK 0MGC:UK NKT:Denmark NKT:Germany

Address

Vibeholms Alle 20, Broendby, DNK, 2605

Website

https://www.nkt.com

NKT AS is a Denmark-based holding company that acquires, owns, and manages industrial companies in three business areas: Solutions, Applications, and Service and Accessories. NKT provides cables for power infrastructure, including onshore and offshore power transmission system, and its solutions bring power to interconnections, hydro-electric, and nuclear power plants, including onshore and offshore wind farms, oil and gas platforms, and solar energy. NKT Photonics, a supplier of fiber lasers and photonic crystal fibers. Geographically, the company operates and derives its majority revenue from mainland Europe, but it's also expanding its business to the U.S., China, and the U.K.