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EQT AB (HAM:6EQ) Price-to-Tangible-Book : 15.60 (As of Jan. 18, 2025)


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

As of today (2025-01-18), EQT AB's share price is €29.68. EQT AB's Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was €1.90. Hence, EQT AB's Price to Tangible Book Ratio of today is 15.60.

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

HAM:6EQ' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 9.48   Med: 25.49   Max: 46.56
Current: 15.7

During the past 9 years, EQT AB's highest Price to Tangible Book Ratio was 46.56. The lowest was 9.48. And the median was 25.49.

HAM:6EQ's Price-to-Tangible-Book is ranked worse than
98.88% of 1605 companies
in the Asset Management industry
Industry Median: 0.93 vs HAM:6EQ: 15.70

A closely related ratio is called PB Ratio. As of today, EQT AB's share price is €29.68. EQT AB's Book Value per Sharefor the quarter that ended in Jun. 2024 was €6.34. Hence, EQT AB's P/B Ratio of today is 4.68.


EQT AB Price-to-Tangible-Book Historical Data

The historical data trend for EQT 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.

EQT AB Price-to-Tangible-Book Chart

EQT AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only - 16.22 34.28 39.43 42.34

EQT AB Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 16.71 39.43 45.09 42.34 14.32

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

For the Asset Management subindustry, EQT 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.


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

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

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



EQT AB Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2024 )
=29.68/1.903
=15.60

* 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.


EQT AB Price-to-Tangible-Book Related Terms

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


EQT AB Business Description

Traded in Other Exchanges
Address
Regeringsgatan 25, Stockholm, SWE, SE-111 53
Swedish conglomerate Investor AB set up EQT as its private equity division in 1994. In its early days, EQT focused primarily on private equity investments in Sweden and the rest of Scandinavia. Today, EQT is one of the largest global private-market investors, with funds that target private equity, real estate, and infrastructure globally. Investor AB retains a minority stake.

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