Noratis AG (HAM:NUVA) Price-to-Tangible-Book : 0.32 (As of May. 26, 2024)

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What is Noratis AG Price-to-Tangible-Book?

As of today (2024-05-26), Noratis AG's share price is €5.05. Noratis AG's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was €15.70. Hence, Noratis AG's Price to Tangible Book Ratio of today is 0.32.

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

HAM:NUVA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.32 Med: 1.34 Max: 2.49
Current: 0.32

During the past 8 years, Noratis AG's highest Price to Tangible Book Ratio was 2.49. The lowest was 0.32. And the median was 1.34.

HAM:NUVA's Price-to-Tangible-Book is ranked better than
82.81% of 1722 companies
in the Real Estate industry
Industry Median: 0.83 vs HAM:NUVA: 0.32

A closely related ratio is called PB Ratio. As of today, Noratis AG's share price is €5.05. Noratis AG's Book Value per Sharefor the quarter that ended in Jun. 2023 was €15.71. Hence, Noratis AG's P/B Ratio of today is 0.32.

Noratis AG Price-to-Tangible-Book Historical Data

The historical data trend for Noratis 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.

Noratis AG Price-to-Tangible-Book Chart

Noratis AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

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1.55

1.45

1.15

0.60

Noratis AG Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Price-to-Tangible-Book	Get a 7-Day Free Trial											1.27	1.15	0.90	0.60	0.53

Competitive Comparison of Noratis AG's Price-to-Tangible-Book

For the Real Estate - Development subindustry, Noratis 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.

Noratis AG's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Noratis AG's Price-to-Tangible-Book distribution charts can be found below:

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

Noratis AG Price-to-Tangible-Book Calculation

Noratis AG's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	5.05	/	15.703
	=	0.32

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.

Noratis AG Price-to-Tangible-Book Related Terms

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

Noratis AG (HAM:NUVA) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

NUVA:Germany

Address

Hauptstrasse 129, Eschborn, HE, DEU, 65760

Website

https://www.noratis.de

Noratis AG is a developer of residential property portfolios. The company invests in residential properties with technical and commercial development potential in Germany, mainly in small and medium-sized towns or on the outskirts of metropolitan areas. The Company specializes in the upgrading of ageing residential portfolios, mostly company-owned apartments, residential areas or housing estates in cities with more than 10,000 inhabitants and in peripheral areas of conurbations.