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Cloudberry Clean Energy ASA (CHIX:CLOUDO) Price-to-Tangible-Book : 0.90 (As of Jun. 16, 2024)


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What is Cloudberry Clean Energy ASA Price-to-Tangible-Book?

As of today (2024-06-16), Cloudberry Clean Energy ASA's share price is kr11.92. Cloudberry Clean Energy ASA's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was kr13.18. Hence, Cloudberry Clean Energy ASA's Price to Tangible Book Ratio of today is 0.90.

The historical rank and industry rank for Cloudberry Clean Energy ASA's Price-to-Tangible-Book or its related term are showing as below:

CHIX:CLOUDo' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.75   Med: 1.2   Max: 2.37
Current: 0.81

During the past 6 years, Cloudberry Clean Energy ASA's highest Price to Tangible Book Ratio was 2.37. The lowest was 0.75. And the median was 1.20.

CHIX:CLOUDo's Price-to-Tangible-Book is ranked better than
74.81% of 397 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.43 vs CHIX:CLOUDo: 0.81

A closely related ratio is called PB Ratio. As of today, Cloudberry Clean Energy ASA's share price is kr11.92. Cloudberry Clean Energy ASA's Book Value per Sharefor the quarter that ended in Mar. 2024 was kr14.00. Hence, Cloudberry Clean Energy ASA's P/B Ratio of today is 0.85.


Cloudberry Clean Energy ASA Price-to-Tangible-Book Historical Data

The historical data trend for Cloudberry Clean Energy ASA'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.

Cloudberry Clean Energy ASA Price-to-Tangible-Book Chart

Cloudberry Clean Energy ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - - - 0.93

Cloudberry Clean Energy ASA Quarterly Data
Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book 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 Premium Member Only Premium Member Only - 0.81 0.93 0.93 0.90

Competitive Comparison of Cloudberry Clean Energy ASA's Price-to-Tangible-Book

For the Utilities - Renewable subindustry, Cloudberry Clean Energy ASA'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.


Cloudberry Clean Energy ASA's Price-to-Tangible-Book Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Cloudberry Clean Energy ASA's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Cloudberry Clean Energy ASA's Price-to-Tangible-Book falls into.



Cloudberry Clean Energy ASA Price-to-Tangible-Book Calculation

Cloudberry Clean Energy ASA's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=11.92/13.182
=0.90

* 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 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.


Cloudberry Clean Energy ASA Price-to-Tangible-Book Related Terms

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


Cloudberry Clean Energy ASA (CHIX:CLOUDO) Business Description

Traded in Other Exchanges
Address
Froyas gate 15, Oslo, NOR, NO-0273
Cloudberry Clean Energy ASA is a Nordic energy company that owns, develops, and operates hydropower and wind power plants in Norway and Sweden. The company produces renewable energy for future generations, with an ambition to develop a sustainable society and create value for stakeholders. The company has three revenue generating segments and one cost-efficient corporate segment. Development segment consists of green-field projects both onshore and off-shore. Production segment is engaged in operating assets, with power sold in the spot market and under fixed price Power Purchase Agreements. Operations segment delivers services such as asset management of hydro and wind assets, including digital solutions.

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