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Flat Capital AB (OSTO:FLAT B) PB Ratio : 1.80 (As of Jun. 23, 2024)


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What is Flat Capital AB 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 (2024-06-23), Flat Capital AB's share price is kr14.74. Flat Capital AB's Book Value per Share for the quarter that ended in Mar. 2024 was kr8.20. Hence, Flat Capital AB's PB Ratio of today is 1.80.

The historical rank and industry rank for Flat Capital AB's PB Ratio or its related term are showing as below:

OSTO:FLAT B' s PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.14   Max: 2.61
Current: 1.8

During the past 5 years, Flat Capital AB's highest PB Ratio was 2.61. The lowest was 0.71. And the median was 1.14.

OSTO:FLAT B's PB Ratio is ranked worse than
86.05% of 1685 companies
in the Asset Management industry
Industry Median: 0.94 vs OSTO:FLAT B: 1.80

During the past 12 months, Flat Capital AB's average Book Value Per Share Growth Rate was -9.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 15.20% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Flat Capital AB was 58.40% per year. The lowest was 15.20% per year. And the median was 36.80% per year.

Back to Basics: PB Ratio


Flat Capital AB PB Ratio Historical Data

The historical data trend for Flat Capital AB'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.

Flat Capital AB PB Ratio Chart

Flat Capital AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
- - 2.61 0.87 1.43

Flat Capital AB Quarterly Data
Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.77 1.15 1.14 1.43 1.78

Competitive Comparison of Flat Capital AB's PB Ratio

For the Asset Management subindustry, Flat Capital AB'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.


Flat Capital AB's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Flat Capital AB's PB Ratio distribution charts can be found below:

* The bar in red indicates where Flat Capital AB's PB Ratio falls into.



Flat Capital AB 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.

Flat Capital AB's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=14.74/8.196
=1.80

* 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.

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

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.


Flat Capital AB  (OSTO:FLAT B) 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.


Flat Capital AB PB Ratio Related Terms

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


Flat Capital AB (OSTO:FLAT B) Business Description

Traded in Other Exchanges
Address
Nybrogatan 6, Stockholm, SWE, 114 34
Flat Capital AB is an investment company that focuses on companies with prominent entrepreneurs in various positions. Its view is to simplify and improve the path to company building and give more people the opportunity to benefit from shared maximum returns.

Flat Capital AB (OSTO:FLAT B) Headlines

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