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Norske Skogindustrier ASA (OSTO:NSGO) Price-to-Tangible-Book : 0.10 (As of Jun. 19, 2024)


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What is Norske Skogindustrier ASA Price-to-Tangible-Book?

As of today (2024-06-19), Norske Skogindustrier ASA's share price is kr2.20. Norske Skogindustrier ASA's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was kr22.04. Hence, Norske Skogindustrier ASA's Price to Tangible Book Ratio of today is 0.10.

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

During the past 13 years, Norske Skogindustrier ASA's highest Price to Tangible Book Ratio was 1.16. The lowest was 0.57. And the median was 1.01.

OSTO:NSGo's Price-to-Tangible-Book is not ranked *
in the Forest Products industry.
Industry Median: 0.99
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Norske Skogindustrier ASA's share price is kr2.20. Norske Skogindustrier ASA's Book Value per Sharefor the quarter that ended in Dec. 2023 was kr22.08. Hence, Norske Skogindustrier ASA's P/B Ratio of today is 0.10.


Norske Skogindustrier ASA Price-to-Tangible-Book Historical Data

The historical data trend for Norske Skogindustrier 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.

Norske Skogindustrier ASA Price-to-Tangible-Book Chart

Norske Skogindustrier ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
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Norske Skogindustrier ASA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Norske Skogindustrier ASA's Price-to-Tangible-Book

For the Paper & Paper Products subindustry, Norske Skogindustrier 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.


Norske Skogindustrier ASA's Price-to-Tangible-Book Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Norske Skogindustrier ASA's Price-to-Tangible-Book distribution charts can be found below:

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



Norske Skogindustrier ASA Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=2.20/22.036
=0.10

* 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.


Norske Skogindustrier ASA Price-to-Tangible-Book Related Terms

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


Norske Skogindustrier ASA (OSTO:NSGO) Business Description

Traded in Other Exchanges
Address
Sjolyst plass 2, Oslo, NOR, 0278
Norske Skog ASA is an industrial company in publication paper, packaging paper, energy production, and bioproducts. Publication paper products comprise both newsprint and magazine paper, both of which are marketed under the NOR brand. Packaging paper includes the recycled containerboard grades test liner and fluting, which are marketed under the STRATO brand. The company's core bioproducts are the nano cellulose product CEBINA and the bio-composite product CEBICO. Norske Skog owns and operates four industrial sites in Europe, and one industrial site in Australasia.

Norske Skogindustrier ASA (OSTO:NSGO) Headlines

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