Kinnevik AB (FRA:IV6) Price-to-Tangible-Book : 0.72 (As of May. 27, 2024)

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What is Kinnevik AB Price-to-Tangible-Book?

As of today (2024-05-27), Kinnevik AB's share price is €10.85. Kinnevik AB's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €15.04. Hence, Kinnevik AB's Price to Tangible Book Ratio of today is 0.72.

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

FRA:IV6' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.61 Med: 0.85 Max: 1.41
Current: 0.75

During the past 13 years, Kinnevik AB's highest Price to Tangible Book Ratio was 1.41. The lowest was 0.61. And the median was 0.85.

FRA:IV6's Price-to-Tangible-Book is ranked better than
79.54% of 1623 companies
in the Asset Management industry
Industry Median: 0.96 vs FRA:IV6: 0.75

A closely related ratio is called PB Ratio. As of today, Kinnevik AB's share price is €10.85. Kinnevik AB's Book Value per Sharefor the quarter that ended in Mar. 2024 was €15.04. Hence, Kinnevik AB's P/B Ratio of today is 0.72.

Kinnevik AB Price-to-Tangible-Book Historical Data

The historical data trend for Kinnevik 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.

Kinnevik AB Price-to-Tangible-Book Chart

Kinnevik AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.50

0.60

1.23

0.76

0.63

Kinnevik AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	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															0.76	0.76	0.61	0.63	0.68

Competitive Comparison of Kinnevik AB's Price-to-Tangible-Book

For the Asset Management subindustry, Kinnevik 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.

Kinnevik AB's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Kinnevik AB's Price-to-Tangible-Book distribution charts can be found below:

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

Kinnevik AB Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	10.85	/	15.04
	=	0.72

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.

Kinnevik AB Price-to-Tangible-Book Related Terms

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

Kinnevik AB (FRA:IV6) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

KNKBF:USA KINV B:Sweden KINV A:Sweden 0RGZ:UK

Address

Skeppsbron 18, P.O. Box 2094, Stockholm, SWE, SE-103 13

Website

https://www.kinnevik.com

Kinnevik AB is an operationally oriented investment group with an entrepreneurial focus on building digital brands. It concentrates its growth-style investment efforts on four sectors: TMT, e-commerce and marketplaces, Healthcare and financial services. Nearly all of its capital is committed to the communication and e-commerce and marketplace sectors. The group, through its various subsidiaries, is geographically diversified and operationally present in over 80 countries. Kinnevik's bias is toward investing in emerging markets because of the opportunity afforded by these markets' reliance on legacy products and services. A key component of its strategy is to create consumer choice of solutions in markets where supply may have been previously constrained.

Kinnevik AB (FRA:IV6) Headlines

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