Ignitis Group AB (FRA:IGV) Price-to-Tangible-Book : 0.65 (As of May. 21, 2025)

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What is Ignitis Group AB Price-to-Tangible-Book?

As of today (2025-05-21), Ignitis Group AB's share price is €19.70. Ignitis Group AB's Tangible Book per Share of Mar. 2025 for the quarter that ended in Mar. 2025 was €30.11. Hence, Ignitis Group AB's Price to Tangible Book Ratio of today is 0.65.

The historical rank and industry rank for Ignitis Group AB's Price-to-Tangible-Book or its related term are showing as below:

FRA:IGV' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.65 Med: 0.72 Max: 0.92
Current: 0.71

During the past 8 years, Ignitis Group AB's highest Price to Tangible Book Ratio was 0.92. The lowest was 0.65. And the median was 0.72.

FRA:IGV's Price-to-Tangible-Book is ranked better than
80.94% of 446 companies
in the Utilities - Regulated industry
Industry Median: 1.82 vs FRA:IGV: 0.71

A closely related ratio is called PB Ratio. As of today, Ignitis Group AB's share price is €19.70. Ignitis Group AB's Book Value per Sharefor the quarter that ended in Mar. 2025 was €34.32. Hence, Ignitis Group AB's P/B Ratio of today is 0.57.

Ignitis Group AB Price-to-Tangible-Book Historical Data

The historical data trend for Ignitis Group AB'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.

Ignitis Group AB Price-to-Tangible-Book Chart

Ignitis Group AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Price-to-Tangible-Book

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0.83

0.85

0.67

0.74

0.61

Ignitis Group AB Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.62	0.62	0.61	0.61	0.65

Competitive Comparison of Ignitis Group AB's Price-to-Tangible-Book

For the Utilities - Diversified subindustry, Ignitis Group AB'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.

Ignitis Group AB's Price-to-Tangible-Book Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Ignitis Group AB's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Ignitis Group AB's Price-to-Tangible-Book falls into.

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Ignitis Group AB Price-to-Tangible-Book Calculation

Ignitis Group AB's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2025 )
	=	19.70	/	30.111
	=	0.65

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.

Ignitis Group AB Price-to-Tangible-Book Related Terms

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

Ignitis Group AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Ignitis Group AB (FRA:IGV) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

IGN1L:Lithuania IGN:UK IGV0:Germany

Address

Laisves Avenue 10, Vilnius, LTU, LT-04215

Website

https://www.ignitisgrupe.lt

Ignitis Group AB is engaged in green electricity generation and development of green and flexible technologies, energy distribution and supply, development of energy-smart solutions and other related activities. It is focusing on green generation and green flexibility technologies: onshore and offshore wind, batteries, pumped-storage hydro and power-to-X (P2X). Its business segments include Green Capacities, Networks, Reserve Capacities, Customers & Solutions, and Others. The company derives maximum revenue from Customers & Solutions segment. Geographically, it operates in Lithuania, Poland, Latvia, Finland, Estonia and Other Countries, out of which Lithuania generates majority revenue.