Proximar Seafood AS (OSL:PROXI) Price-to-Tangible-Book : 0.57 (As of May. 21, 2024)

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What is Proximar Seafood AS Price-to-Tangible-Book?

As of today (2024-05-21), Proximar Seafood AS's share price is kr3.57. Proximar Seafood AS's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was kr6.24. Hence, Proximar Seafood AS's Price to Tangible Book Ratio of today is 0.57.

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

OSL:PROXI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.39 Med: 0.44 Max: 0.73
Current: 0.57

During the past 6 years, Proximar Seafood AS's highest Price to Tangible Book Ratio was 0.73. The lowest was 0.39. And the median was 0.44.

OSL:PROXI's Price-to-Tangible-Book is ranked better than
89.12% of 1709 companies
in the Consumer Packaged Goods industry
Industry Median: 1.74 vs OSL:PROXI: 0.57

A closely related ratio is called PB Ratio. As of today, Proximar Seafood AS's share price is kr3.57. Proximar Seafood AS's Book Value per Sharefor the quarter that ended in Dec. 2023 was kr6.24. Hence, Proximar Seafood AS's P/B Ratio of today is 0.57.

Proximar Seafood AS Price-to-Tangible-Book Historical Data

The historical data trend for Proximar Seafood 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.

Proximar Seafood AS Price-to-Tangible-Book Chart

Proximar Seafood AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.73

0.39

0.44

Proximar Seafood AS Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial									0.39	0.51	0.66	0.81	0.44

Competitive Comparison of Proximar Seafood AS's Price-to-Tangible-Book

For the Farm Products subindustry, Proximar Seafood 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.

Proximar Seafood AS's Price-to-Tangible-Book Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Proximar Seafood AS's Price-to-Tangible-Book distribution charts can be found below:

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

Proximar Seafood AS Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	3.57	/	6.24
	=	0.57

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.

Proximar Seafood AS Price-to-Tangible-Book Related Terms

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

Proximar Seafood AS (OSL:PROXI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Proximar Seafood AS (OSL:PROXI) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

84Q:Germany

Address

Edvard Griegs vei 3C, Bergen, NOR, 5059

Website

https://www.proximarseafood.com

Proximar Seafood AS is a land-based salmon farming company in the process of constructing a fish farm for Atlantic salmon in Japan. It produces Atlantic salmon which involves free of medication and without impact from traditional challenges such as lice and microplastics and the fish is isolated from the marine surrounding environment.

Proximar Seafood AS (OSL:PROXI) Headlines

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