Ecit AS (OSL:ECIT) Price-to-Tangible-Book : (As of Apr. 17, 2025)

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

As of today (2025-04-17), Ecit AS's share price is kr9.88. Ecit AS's Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was kr-2.05. Hence, Ecit AS's Price to Tangible Book Ratio of today is .

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

OSL:ECIT's Price-to-Tangible-Book is not ranked ^*
in the Software industry.
Industry Median: 3.4
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Ecit AS's share price is kr9.88. Ecit AS's Book Value per Sharefor the quarter that ended in Jun. 2024 was kr2.91. Hence, Ecit AS's P/B Ratio of today is 3.40.

Ecit AS Price-to-Tangible-Book Historical Data

The historical data trend for Ecit 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.

Ecit AS Price-to-Tangible-Book Chart

Ecit AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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Ecit AS Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	-	-	-	-

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

For the Information Technology Services subindustry, Ecit 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.

Ecit AS's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Ecit AS's Price-to-Tangible-Book distribution charts can be found below:

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

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Ecit AS Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2024 )
	=	9.88	/	-2.054
	=

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.

Ecit AS Price-to-Tangible-Book Related Terms

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

Ecit AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ecit AS (OSL:ECIT) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rolfsbuktveien 4A, Fornebu, NOR, 1364

Website

https://www.ecit.com

Ecit AS provides services within key business areas of IT, Finance & Accounting and Tech across sectors and industries. The company has a model for acquisition and integration, ensuring proximity to customers and local entrepreneurship combined with the strength of a larger international group. The group's business operations are carried out by three divisions: IT, Finance & Accounting, and Tech. The Finance & Accounting division improves customers' efficiency through delivering administrative services in a productive way along with being a key revenue driver for the company.

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