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Nordnet AB (publ) (FRA:9JL) Price-to-Tangible-Book : 10.37 (As of Sep. 27, 2024)


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What is Nordnet AB (publ) Price-to-Tangible-Book?

As of today (2024-09-27), Nordnet AB (publ)'s share price is €21.30. Nordnet AB (publ)'s Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was €2.05. Hence, Nordnet AB (publ)'s Price to Tangible Book Ratio of today is 10.37.

The historical rank and industry rank for Nordnet AB (publ)'s Price-to-Tangible-Book or its related term are showing as below:

FRA:9JL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 5.93   Med: 7.79   Max: 10.83
Current: 10.54

During the past 13 years, Nordnet AB (publ)'s highest Price to Tangible Book Ratio was 10.83. The lowest was 5.93. And the median was 7.79.

FRA:9JL's Price-to-Tangible-Book is ranked worse than
92.79% of 735 companies
in the Capital Markets industry
Industry Median: 1.44 vs FRA:9JL: 10.54

A closely related ratio is called PB Ratio. As of today, Nordnet AB (publ)'s share price is €21.30. Nordnet AB (publ)'s Book Value per Sharefor the quarter that ended in Jun. 2024 was €2.42. Hence, Nordnet AB (publ)'s P/B Ratio of today is 8.79.


Nordnet AB (publ) Price-to-Tangible-Book Historical Data

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

Nordnet AB (publ) Price-to-Tangible-Book Chart

Nordnet AB (publ) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 8.56 7.33 6.45

Nordnet AB (publ) Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 Premium Member Only Premium Member Only 6.42 5.98 6.45 6.96 9.33

Competitive Comparison of Nordnet AB (publ)'s Price-to-Tangible-Book

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


Nordnet AB (publ)'s Price-to-Tangible-Book Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Nordnet AB (publ)'s Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Nordnet AB (publ)'s Price-to-Tangible-Book falls into.



Nordnet AB (publ) Price-to-Tangible-Book Calculation

Nordnet AB (publ)'s price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2024 )
=21.30/2.054
=10.37

* 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.


Nordnet AB (publ) Price-to-Tangible-Book Related Terms

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


Nordnet AB (publ) Business Description

Traded in Other Exchanges
Address
Alstromergatan 39, Box 30099, Stockholm, SWE, SE-104 25
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) Headlines

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