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Linus Digital Finance AG (FRA:LDF) Price-to-Tangible-Book : 0.94 (As of Jun. 04, 2024)


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What is Linus Digital Finance AG Price-to-Tangible-Book?

As of today (2024-06-04), Linus Digital Finance AG's share price is €1.66. Linus Digital Finance AG's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €1.77. Hence, Linus Digital Finance AG's Price to Tangible Book Ratio of today is 0.94.

The historical rank and industry rank for Linus Digital Finance AG's Price-to-Tangible-Book or its related term are showing as below:

FRA:LDF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.94   Med: 1.26   Max: 7.77
Current: 0.94

During the past 4 years, Linus Digital Finance AG's highest Price to Tangible Book Ratio was 7.77. The lowest was 0.94. And the median was 1.26.

FRA:LDF's Price-to-Tangible-Book is ranked better than
50.46% of 1615 companies
in the Asset Management industry
Industry Median: 0.95 vs FRA:LDF: 0.94

A closely related ratio is called PB Ratio. As of today, Linus Digital Finance AG's share price is €1.66. Linus Digital Finance AG's Book Value per Sharefor the quarter that ended in Dec. 2023 was €1.77. Hence, Linus Digital Finance AG's P/B Ratio of today is 0.94.

Linus Digital Finance AG Price-to-Tangible-Book Historical Data

The historical data trend for Linus Digital Finance AG'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.

Linus Digital Finance AG Price-to-Tangible-Book Chart

Linus Digital Finance AG Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- 7.77 1.26 1.06

Linus Digital Finance AG Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial 7.77 4.24 1.26 1.47 1.06

Competitive Comparison of Linus Digital Finance AG's Price-to-Tangible-Book

For the Asset Management subindustry, Linus Digital Finance AG'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.

Linus Digital Finance AG's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where Linus Digital Finance AG's Price-to-Tangible-Book falls into.


Linus Digital Finance AG Price-to-Tangible-Book Calculation

Linus Digital Finance AG's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=1.66/1.772
=0.94

* 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:

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.

Linus Digital Finance AG Price-to-Tangible-Book Related Terms

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

Linus Digital Finance AG (FRA:LDF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Linus Digital Finance AG (FRA:LDF) » Definitions » Price-to-Tangible-Book
Comparable Companies
HAM:C9T XTER:EFF FRA:VMR1 STU:HRU FRA:LEH STU:FAK HAM:NAB FRA:LKB FRA:ICP HAM:I8CK BLK BX OSTO:INVE A KKR TSX:BN APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
LDF:Germany
Address
Alexanderstrasse 7, Berlin, DEU, 10178
Website
https://www.linus-finance.com
Linus Digital Finance AG is engaged in the development and management of financing solutions for real estate projects. Its digital platform gives professional and semi-professional investors access to curated real estate investments. The company's operating segment includes Linus Corporate and Linus Funds. It generates maximum revenue from the Linus Corporate segment.

Linus Digital Finance AG (FRA:LDF) Headlines

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