Aurora Eiendom AS (OSL:AURA) Price-to-Tangible-Book : 0.62 (As of Jun. 25, 2024)

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What is Aurora Eiendom AS Price-to-Tangible-Book?

As of today (2024-06-25), Aurora Eiendom AS's share price is kr79.50. Aurora Eiendom AS's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was kr127.27. Hence, Aurora Eiendom AS's Price to Tangible Book Ratio of today is 0.62.

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

OSL:AURA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.53 Med: 0.66 Max: 0.8
Current: 0.62

During the past 3 years, Aurora Eiendom AS's highest Price to Tangible Book Ratio was 0.80. The lowest was 0.53. And the median was 0.66.

OSL:AURA's Price-to-Tangible-Book is ranked better than
61.84% of 1719 companies
in the Real Estate industry
Industry Median: 0.79 vs OSL:AURA: 0.62

A closely related ratio is called PB Ratio. As of today, Aurora Eiendom AS's share price is kr79.50. Aurora Eiendom AS's Book Value per Sharefor the quarter that ended in Mar. 2024 was kr127.27. Hence, Aurora Eiendom AS's P/B Ratio of today is 0.62.

Aurora Eiendom AS Price-to-Tangible-Book Historical Data

The historical data trend for Aurora Eiendom 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.

Aurora Eiendom AS Price-to-Tangible-Book Chart

Aurora Eiendom AS Annual Data

Trend

Dec21

Dec22

Dec23

Price-to-Tangible-Book

0.80

0.57

0.66

Aurora Eiendom AS Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial						0.68	0.53	0.61	0.66	0.63

Competitive Comparison of Aurora Eiendom AS's Price-to-Tangible-Book

For the Real Estate Services subindustry, Aurora Eiendom 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.

Aurora Eiendom AS's Price-to-Tangible-Book Distribution in the Real Estate Industry

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

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

Aurora Eiendom AS Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	79.50	/	127.27
	=	0.62

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.

Aurora Eiendom AS Price-to-Tangible-Book Related Terms

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

Aurora Eiendom AS (OSL:AURA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Aurora Eiendom AS (OSL:AURA) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Oravegen 4, Surnadal, NOR, 6650

Website

https://www.aurora.no

Aurora Eiendom AS is a Norwegian real estate company that owns, operates, and develops shopping destinations, and creates value for customers, tenants, and investors. The company intends to own shopping centers that have the potential to become leading in their local markets.