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Argeo ASA (OSL:ARGEO) Price-to-Tangible-Book : 0.07 (As of Jul. 21, 2025)


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What is Argeo ASA Price-to-Tangible-Book?

As of today (2025-07-21), Argeo ASA's share price is kr0.455. Argeo ASA's Tangible Book per Share of Mar. 2025 for the quarter that ended in Mar. 2025 was kr6.19. Hence, Argeo ASA's Price to Tangible Book Ratio of today is 0.07.

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

OSL:ARGEO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.07   Med: 1.4   Max: 3.54
Current: 0.07

During the past 7 years, Argeo ASA's highest Price to Tangible Book Ratio was 3.54. The lowest was 0.07. And the median was 1.40.

OSL:ARGEO's Price-to-Tangible-Book is ranked better than
99.56% of 900 companies
in the Oil & Gas industry
Industry Median: 1.295 vs OSL:ARGEO: 0.07

A closely related ratio is called PB Ratio. As of today, Argeo ASA's share price is kr0.455. Argeo ASA's Book Value per Sharefor the quarter that ended in Mar. 2025 was kr7.11. Hence, Argeo ASA's P/B Ratio of today is 0.06.


Argeo ASA Price-to-Tangible-Book Historical Data

The historical data trend for Argeo 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.

Argeo ASA Price-to-Tangible-Book Chart

Argeo ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Price-to-Tangible-Book
Get a 7-Day Free Trial - 1.60 0.72 2.21 1.38

Argeo ASA 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 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 1.69 1.54 1.14 1.38 0.91

Competitive Comparison of Argeo ASA's Price-to-Tangible-Book

For the Oil & Gas Equipment & Services subindustry, Argeo 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.


Argeo ASA's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Argeo ASA's Price-to-Tangible-Book distribution charts can be found below:

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


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Argeo ASA Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2025 )
=0.455/6.192
=0.07

* 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.


Argeo ASA Price-to-Tangible-Book Related Terms

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


Argeo ASA Business Description

Industry
Traded in Other Exchanges
N/A
Address
Nye Vakasvei 14, Hvalstad, NOR, 1395
Argeo ASA is an Offshore Service company with a mission to transform the ocean surveying and inspection industry by utilizing autonomous surface and underwater robotics solutions. This company is equipped with individual sensors and digital imaging technology; these autonomous underwater vehicles increase efficiency and imaging quality, in addition to contributing to substantially reducing CO2 emissions from operations.

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