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Prime Office AS (OCSE:PRIMOF) Price-to-Tangible-Book : 0.52 (As of Dec. 14, 2024)


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What is Prime Office AS Price-to-Tangible-Book?

As of today (2024-12-14), Prime Office AS's share price is kr175.00. Prime Office AS's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was kr336.82. Hence, Prime Office AS's Price to Tangible Book Ratio of today is 0.52.

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

OCSE:PRIMOF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.33   Med: 0.91   Max: 1.21
Current: 0.52

During the past 13 years, Prime Office AS's highest Price to Tangible Book Ratio was 1.21. The lowest was 0.33. And the median was 0.91.

OCSE:PRIMOF's Price-to-Tangible-Book is ranked better than
70.38% of 1695 companies
in the Real Estate industry
Industry Median: 0.85 vs OCSE:PRIMOF: 0.52

A closely related ratio is called PB Ratio. As of today, Prime Office AS's share price is kr175.00. Prime Office AS's Book Value per Sharefor the quarter that ended in Sep. 2024 was kr336.82. Hence, Prime Office AS's P/B Ratio of today is 0.52.


Prime Office AS Price-to-Tangible-Book Historical Data

The historical data trend for Prime Office 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.

Prime Office AS Price-to-Tangible-Book Chart

Prime Office AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.03 0.93 1.16 0.73 0.62

Prime Office AS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.62 0.62 0.54 0.52 0.53

Competitive Comparison of Prime Office AS's Price-to-Tangible-Book

For the Real Estate - Development subindustry, Prime Office 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.


Prime Office AS's Price-to-Tangible-Book Distribution in the Real Estate Industry

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

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



Prime Office AS Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2024 )
=175.00/336.824
=0.52

* 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.


Prime Office AS Price-to-Tangible-Book Related Terms

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


Prime Office AS Business Description

Traded in Other Exchanges
N/A
Address
Sonder Alle 6, 2. sal, Arhus, DNK, DK-8000
Prime Office AS is a Denmark based real estate company. Its portfolio consists of office properties, residential and commercial properties and invests in property company which owns apartments in Northern Germany.

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