Modelon AB (OSTO:MODEL B) Price-to-Tangible-Book : 2.83 (As of Jun. 25, 2024)

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

As of today (2024-06-25), Modelon AB's share price is kr10.00. Modelon AB's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was kr3.53. Hence, Modelon AB's Price to Tangible Book Ratio of today is 2.83.

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

OSTO:MODEL B' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.45 Med: 2.1 Max: 2.83
Current: 2.83

During the past 5 years, Modelon AB's highest Price to Tangible Book Ratio was 2.83. The lowest was 1.45. And the median was 2.10.

OSTO:MODEL B's Price-to-Tangible-Book is ranked better than
57.71% of 2088 companies
in the Software industry
Industry Median: 3.44 vs OSTO:MODEL B: 2.83

A closely related ratio is called PB Ratio. As of today, Modelon AB's share price is kr10.00. Modelon AB's Book Value per Sharefor the quarter that ended in Mar. 2024 was kr3.53. Hence, Modelon AB's P/B Ratio of today is 2.83.

Modelon AB Price-to-Tangible-Book Historical Data

The historical data trend for Modelon 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.

Modelon AB Price-to-Tangible-Book Chart

Modelon AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

2.24

1.45

2.03

Modelon AB Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial												1.78	1.66	2.10	2.03	2.68

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

For the Software - Application subindustry, Modelon 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.

Modelon AB's Price-to-Tangible-Book Distribution in the Software Industry

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

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

Modelon AB Price-to-Tangible-Book Calculation

Modelon 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 )
	=	10.00	/	3.531
	=	2.83

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.

Modelon AB Price-to-Tangible-Book Related Terms

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

Modelon AB (OSTO:MODEL B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Modelon AB (OSTO:MODEL B) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

3VM1:Germany

Address

Scheelevagen 17, Ideon Science Park, Lund, SWE, SE-223 70

Website

https://www.modelon.com

Modelon AB offers systems modeling and simulation software that accelerates product innovation, development, and operations in a range of industries. The company's flagship product, Modelon Impact, is a cloud-native system simulation software platform featuring a collaborative browser-based interface and thousands of models and components spanning a broad range of applications.

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