Kreditbanken AS (OCSE:KRE) Price-to-Tangible-Book : 1.01 (As of May. 08, 2025)

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What is Kreditbanken AS Price-to-Tangible-Book?

As of today (2025-05-08), Kreditbanken AS's share price is kr6550.00. Kreditbanken AS's Tangible Book per Share of Mar. 2025 for the quarter that ended in Mar. 2025 was kr6,507.34. Hence, Kreditbanken AS's Price to Tangible Book Ratio of today is 1.01.

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

OCSE:KRE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.73 Med: 0.81 Max: 1.03
Current: 1.01

During the past 13 years, Kreditbanken AS's highest Price to Tangible Book Ratio was 1.03. The lowest was 0.73. And the median was 0.81.

OCSE:KRE's Price-to-Tangible-Book is ranked worse than
53.35% of 1552 companies
in the Banks industry
Industry Median: 0.97 vs OCSE:KRE: 1.01

A closely related ratio is called PB Ratio. As of today, Kreditbanken AS's share price is kr6550.00. Kreditbanken AS's Book Value per Sharefor the quarter that ended in Mar. 2025 was kr6,507.34. Hence, Kreditbanken AS's P/B Ratio of today is 1.01.

Kreditbanken AS Price-to-Tangible-Book Historical Data

The historical data trend for Kreditbanken AS'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.

Kreditbanken AS Price-to-Tangible-Book Chart

Kreditbanken AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Price-to-Tangible-Book

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0.80

0.90

0.84

0.79

0.80

Kreditbanken AS 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															0.85	0.81	0.80	0.80	1.03

Competitive Comparison of Kreditbanken AS's Price-to-Tangible-Book

For the Banks - Regional subindustry, Kreditbanken AS'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.

Kreditbanken AS's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Kreditbanken AS's Price-to-Tangible-Book distribution charts can be found below:

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

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Kreditbanken AS Price-to-Tangible-Book Calculation

Kreditbanken AS's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2025 )
	=	6550.00	/	6507.339
	=	1.01

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.

Kreditbanken AS Price-to-Tangible-Book Related Terms

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

Kreditbanken AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Kreditbanken AS (OCSE:KRE) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

H.P. Hanssens Gade 17, Aabenraa, DNK, 6200

Website

http://alm.kreditbanken.dk

Kreditbanken AS is Denmark based bank engaged in providing financial services and products to corporate and private customers. Its services includes deposits, savings account, credit cards, car loans, mortgages, insurance products, internet banking and investment advice.