Norditek Group AB (OSTO:NOTEK) Price-to-Tangible-Book : 3.05 (As of Jun. 15, 2024)

Norditek Group AB Price-to-Tangible-Book Chart

Norditek Group AB Quarterly Data
	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Price-to-Tangible-Book	Get a 7-Day Free Trial						4.78	5.46	4.83	3.56	3.05

Competitive Comparison of Norditek Group AB's Price-to-Tangible-Book

For the Waste Management subindustry, Norditek Group 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.

Norditek Group AB's Price-to-Tangible-Book Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Norditek Group AB's Price-to-Tangible-Book distribution charts can be found below:

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

Norditek Group AB Price-to-Tangible-Book Calculation

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

* 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.

Norditek Group AB Price-to-Tangible-Book Related Terms

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Norditek Group AB (OSTO:NOTEK) Business Description