Green Hydrogen Systems AS (CHIX:GREEHC) Price-to-Tangible-Book : 4.10 (As of Sep. 23, 2024)

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What is Green Hydrogen Systems AS Price-to-Tangible-Book?

As of today (2024-09-23), Green Hydrogen Systems AS's share price is kr8.59. Green Hydrogen Systems AS's Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was kr2.09. Hence, Green Hydrogen Systems AS's Price to Tangible Book Ratio of today is 4.10.

The historical rank and industry rank for Green Hydrogen Systems AS's Price-to-Tangible-Book or its related term are showing as below:

CHIX:GREEHc' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.2 Med: 2.56 Max: 4.36
Current: 2.73

During the past 7 years, Green Hydrogen Systems AS's highest Price to Tangible Book Ratio was 4.36. The lowest was 1.20. And the median was 2.56.

CHIX:GREEHc's Price-to-Tangible-Book is ranked worse than
75.74% of 408 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.32 vs CHIX:GREEHc: 2.73

A closely related ratio is called PB Ratio. As of today, Green Hydrogen Systems AS's share price is kr8.59. Green Hydrogen Systems AS's Book Value per Sharefor the quarter that ended in Jun. 2024 was kr3.59. Hence, Green Hydrogen Systems AS's P/B Ratio of today is 2.40.

Green Hydrogen Systems AS Price-to-Tangible-Book Historical Data

The historical data trend for Green Hydrogen Systems AS'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.

Green Hydrogen Systems AS Price-to-Tangible-Book Chart

Green Hydrogen Systems AS Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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3.18

2.67

Green Hydrogen Systems AS Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Price-to-Tangible-Book	Get a 7-Day Free Trial						2.67	3.18	3.15	2.67	4.10

Competitive Comparison of Green Hydrogen Systems AS's Price-to-Tangible-Book

For the Utilities - Renewable subindustry, Green Hydrogen Systems AS'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.

Green Hydrogen Systems AS's Price-to-Tangible-Book Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Green Hydrogen Systems AS's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Green Hydrogen Systems AS's Price-to-Tangible-Book falls into.

Green Hydrogen Systems AS Price-to-Tangible-Book Calculation

Green Hydrogen Systems AS's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2024 )
	=	8.59	/	2.094
	=	4.10

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Green Hydrogen Systems AS Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Green Hydrogen Systems AS's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Green Hydrogen Systems AS Business Description

Industry

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Traded in Other Exchanges

GREENH:Denmark 3LUA:Germany

Address

Nordager 21, Kolding, DNK, DK-6000

Website

https://www.greenhydrogen.dk

Green Hydrogen Systems A/S is a provider of standardised and modular electrolysers for the production of green hydrogen solely based on renewable energy. The firm caters to industries that establish on-site green hydrogen production for different purposes as well as energy and transport companies being at the forefront of the development of Power-to-X applications and transition towards emission-free fuel. It generates revenue from the sale and installation of complete alkaline electrolysis solutions as well as the service of the installed systems. The company derives its revenue from Denmark, Norway, Sweden and other countries.

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