Aker Horizons ASA (OSL:AKH) Price-to-Tangible-Book : 0.77 (As of Dec. 15, 2024)

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What is Aker Horizons ASA Price-to-Tangible-Book?

As of today (2024-12-15), Aker Horizons ASA's share price is kr2.25. Aker Horizons ASA's Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was kr2.94. Hence, Aker Horizons ASA's Price to Tangible Book Ratio of today is 0.77.

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

OSL:AKH' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.77 Med: 2.45 Max: 6.52
Current: 0.77

During the past 5 years, Aker Horizons ASA's highest Price to Tangible Book Ratio was 6.52. The lowest was 0.77. And the median was 2.45.

OSL:AKH's Price-to-Tangible-Book is ranked better than
70.62% of 405 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.36 vs OSL:AKH: 0.77

A closely related ratio is called PB Ratio. As of today, Aker Horizons ASA's share price is kr2.25. Aker Horizons ASA's Book Value per Sharefor the quarter that ended in Jun. 2024 was kr5.43. Hence, Aker Horizons ASA's P/B Ratio of today is 0.41.

Aker Horizons ASA Price-to-Tangible-Book Historical Data

The historical data trend for Aker Horizons ASA'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.

Aker Horizons ASA Price-to-Tangible-Book Chart

Aker Horizons ASA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

2.45

6.52

Aker Horizons ASA Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Price-to-Tangible-Book	Get a 7-Day Free Trial			5.75	2.45	2.29	6.52	0.96

Competitive Comparison of Aker Horizons ASA's Price-to-Tangible-Book

For the Utilities - Renewable subindustry, Aker Horizons ASA'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.

Aker Horizons ASA's Price-to-Tangible-Book Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Aker Horizons ASA's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Aker Horizons ASA's Price-to-Tangible-Book falls into.

Aker Horizons ASA Price-to-Tangible-Book Calculation

Aker Horizons ASA's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2024 )
	=	2.25	/	2.939
	=	0.77

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.

Aker Horizons ASA Price-to-Tangible-Book Related Terms

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

Aker Horizons ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Aker Horizons ASA (OSL:AKH) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

AKHOF:USA AKHo_NO:Sweden 7QF:Germany

Address

John Strandruds vei 10, Baerum, NOR, NO-1366

Website

https://www.akerhorizons.com

Aker Horizons ASA is an investment management company. It invests in and develops companies within renewable energy sectors and other technologies that make material contributions to reducing emissions or promoting sustainable living. The company's reportable segments are Aker Carbon Capture (ACC), Asset Development (AAD), Mainstream Renewable Power (Mainstream), Aker Horizons and holdings, and Others.

Aker Horizons ASA Headlines

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