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Eltek ASA (OSL:ELT) Price-to-Tangible-Book : 6.63 (As of May. 14, 2024)


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

As of today (2024-05-14), Eltek ASA's share price is kr11.70. Eltek ASA's Tangible Book per Share of Dec. 2014 for the quarter that ended in Dec. 2014 was kr1.77. Hence, Eltek ASA's Price to Tangible Book Ratio of today is 6.63.

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

OSL:ELT's Price-to-Tangible-Book is not ranked *
in the Industrial Products industry.
Industry Median: 2.13
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Eltek ASA's share price is kr11.70. Eltek ASA's Book Value per Sharefor the quarter that ended in Dec. 2014 was kr2.49. Hence, Eltek ASA's P/B Ratio of today is 4.71.


Eltek ASA Price-to-Tangible-Book Historical Data

The historical data trend for Eltek 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.

Eltek ASA Price-to-Tangible-Book Chart

Eltek ASA Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.87 1.33 1.44 2.65 6.57

Eltek ASA Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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 2.65 2.89 4.47 4.29 6.57

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

For the Specialty Industrial Machinery subindustry, Eltek 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.


Eltek ASA's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Eltek ASA's Price-to-Tangible-Book distribution charts can be found below:

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



Eltek ASA Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2014 )
=11.70/1.766
=6.63

* 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.


Eltek ASA Price-to-Tangible-Book Related Terms

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


Eltek ASA (OSL:ELT) Business Description

Traded in Other Exchanges
N/A
Address
Eltek Power Systems AS was incorporated on January 1, 1971. The Company is a supplier to the telecommunication industry. The Company develops, manufactures & markets power systems & solutions for mission critical applications within telecommunications & data centers, and for the power utilities, railway & metro, & marine & offshore industries.

Eltek ASA (OSL:ELT) Headlines

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