TELNF (Telenor ASA) PB Ratio : 2.23 (As of Dec. 11, 2024)

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What is Telenor ASA 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 (2024-12-11), Telenor ASA's share price is $11.435. Telenor ASA's Book Value per Share for the quarter that ended in Sep. 2024 was $5.13. Hence, Telenor ASA's PB Ratio of today is 2.23.

Good Sign:

Telenor ASA stock PB Ratio (=2.37) is close to 1-year low of 2.14

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

TELNF' s PB Ratio Range Over the Past 10 Years
Min: 1.77 Med: 4.61 Max: 9.41
Current: 2.37

During the past 13 years, Telenor ASA's highest PB Ratio was 9.41. The lowest was 1.77. And the median was 4.61.

TELNF's PB Ratio is ranked worse than
59.71% of 350 companies
in the Telecommunication Services industry
Industry Median: 1.835 vs TELNF: 2.37

During the past 12 months, Telenor ASA's average Book Value Per Share Growth Rate was 1.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 19.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -2.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Telenor ASA was 24.90% per year. The lowest was -17.90% per year. And the median was 1.20% per year.

Back to Basics: PB Ratio

Telenor ASA PB Ratio Historical Data

The historical data trend for Telenor ASA'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.

Telenor ASA PB Ratio Chart

Telenor ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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6.05

5.37

7.52

2.12

2.63

Telenor ASA 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															2.30	2.63	2.09	2.57	2.47

Competitive Comparison of Telenor ASA's PB Ratio

For the Telecom Services subindustry, Telenor ASA'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.

Telenor ASA's PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telenor ASA's PB Ratio distribution charts can be found below:

* The bar in red indicates where Telenor ASA's PB Ratio falls into.

Telenor ASA 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.

Telenor ASA's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2024)
	=	11.435	/	5.132
	=	2.23

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.

Telenor ASA (OTCPK:TELNF) 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.

Telenor ASA PB Ratio Related Terms

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Telenor ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Telenor ASA (OTCPK:TELNF) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

TELNY:USA TELo:Sweden TEL:Norway TELo:UK 0G8C:UK TEQ:Germany

Address

Snaroyveien 30, Fornebu, NOR, N-1360

Website

https://www.telenor.com

Telenor is an international provider of telecom, data, and media communication services. It is the incumbent dominant telecom operator in Norway and the Norwegian government holds a stake of more than 50% in the firm. Telenor also operates in other Nordic countries like Sweden, Denmark, and Finland, and owns several businesses in Asia. Most of Telenor's operations are mobile businesses, although it also has some fixed-line operations in Nordic European countries.