GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Eastnine AB (OSTO:EAST) » Definitions » Price-to-Tangible-Book

Eastnine AB (OSTO:EAST) Price-to-Tangible-Book : 0.80 (As of May. 26, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Eastnine AB Price-to-Tangible-Book?

As of today (2024-05-26), Eastnine AB's share price is kr41.05. Eastnine AB's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was kr51.52. Hence, Eastnine AB's Price to Tangible Book Ratio of today is 0.80.

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

OSTO:EAST' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.42   Med: 0.7   Max: 1.03
Current: 0.8

During the past 13 years, Eastnine AB's highest Price to Tangible Book Ratio was 1.03. The lowest was 0.42. And the median was 0.70.

OSTO:EAST's Price-to-Tangible-Book is ranked better than
52.09% of 1722 companies
in the Real Estate industry
Industry Median: 0.83 vs OSTO:EAST: 0.80

A closely related ratio is called PB Ratio. As of today, Eastnine AB's share price is kr41.05. Eastnine AB's Book Value per Sharefor the quarter that ended in Mar. 2024 was kr51.52. Hence, Eastnine AB's P/B Ratio of today is 0.80.


Eastnine AB Price-to-Tangible-Book Historical Data

The historical data trend for Eastnine AB'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.

Eastnine AB Price-to-Tangible-Book Chart

Eastnine AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.03 0.84 0.91 0.51 0.85

Eastnine AB Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Dec17 Dec18 Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.42 0.50 0.74 0.85 0.86

Competitive Comparison of Eastnine AB's Price-to-Tangible-Book

For the Real Estate Services subindustry, Eastnine AB'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.


Eastnine AB's Price-to-Tangible-Book Distribution in the Real Estate Industry

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

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



Eastnine AB Price-to-Tangible-Book Calculation

Eastnine AB's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=41.05/51.521
=0.80

* 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.


Eastnine AB Price-to-Tangible-Book Related Terms

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


Eastnine AB (OSTO:EAST) Business Description

Traded in Other Exchanges
Address
Kungsgatan 30, Box 7214, Stockholm, SWE, 103 88
Eastnine AB is a Swedish real estate company focused on modern and sustainable office and logistics properties in the Baltics and Poland. Its tenants comprise, mainly, large Nordic group companies that operate internationally. The company operates through four segments namely Properties in Lithuania, Properties in Latvia, Properties in Poland and Other investments. The firm generates revenue from Rental income.