Nordnet AB (publ) (LTS:0A6V) PB Ratio : 5.01 (As of May. 27, 2024)

View and export this data going back to 2021. Start your Free Trial

What is Nordnet AB (publ) 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 (2024-05-27), Nordnet AB (publ)'s share price is kr158.20. Nordnet AB (publ)'s Book Value per Share for the quarter that ended in Mar. 2024 was kr31.55. Hence, Nordnet AB (publ)'s PB Ratio of today is 5.01.

The historical rank and industry rank for Nordnet AB (publ)'s PB Ratio or its related term are showing as below:

LTS:0A6V' s PB Ratio Range Over the Past 10 Years
Min: 4.95 Med: 6.5 Max: 9.71
Current: 6.83

During the past 13 years, Nordnet AB (publ)'s highest PB Ratio was 9.71. The lowest was 4.95. And the median was 6.50.

LTS:0A6V's PB Ratio is ranked worse than
91.59% of 761 companies
in the Capital Markets industry
Industry Median: 1.31 vs LTS:0A6V: 6.83

During the past 12 months, Nordnet AB (publ)'s average Book Value Per Share Growth Rate was 13.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 22.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 29.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 12.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nordnet AB (publ) was 44.40% per year. The lowest was -9.50% per year. And the median was 13.45% per year.

Back to Basics: PB Ratio

Nordnet AB (publ) PB Ratio Historical Data

The historical data trend for Nordnet AB (publ)'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.

Nordnet AB (publ) PB Ratio Chart

Nordnet AB (publ) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

6.60

6.53

5.16

Nordnet AB (publ) Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PB Ratio	Get a 7-Day Free Trial															5.68	6.15	5.58	5.16	5.01

Competitive Comparison of Nordnet AB (publ)'s PB Ratio

For the Capital Markets subindustry, Nordnet AB (publ)'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.

Nordnet AB (publ)'s PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Nordnet AB (publ)'s PB Ratio distribution charts can be found below:

* The bar in red indicates where Nordnet AB (publ)'s PB Ratio falls into.

Nordnet AB (publ) 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.

Nordnet AB (publ)'s PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	158.20	/	31.547
	=	5.01

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.

Nordnet AB (publ) (LTS:0A6V) 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.

Nordnet AB (publ) PB Ratio Related Terms

Thank you for viewing the detailed overview of Nordnet AB (publ)'s PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Nordnet AB (publ) (LTS:0A6V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Nordnet AB (publ) (LTS:0A6V) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

SAVE:Sweden SAVEs:UK 9JL:Germany

Address

Alstromergatan 39, Box 30099, Stockholm, SWE, SE-104 25

Website

https://www.nordnetab.com

Nordnet AB (publ) is a digital platform in the Nordics for savings and investments. The company operates in Sweden, Norway, Denmark and Finland. Nordnet's purpose is to democratize savings and investments. It provides trading in a large number of equities, funds and other types of securities from several markets at a low price, as well as pension savings without fixed fees. The firm also offers margin loans, private loans and mortgages. There are a number of user-interfaces to choose from, such as web, app or more advanced trading applications. Digital financial guidance tools are offered to customers who want help and inspiration with their savings. Nordnet also runs the largest social investment network in the Nordics, Shareville.

Nordnet AB (publ) (LTS:0A6V) Headlines

No Headlines