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Observit AB (OSTO:OBSE) Price-to-Tangible-Book : (As of May. 25, 2025)


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

As of today (2025-05-25), Observit AB's share price is kr0.57. Observit AB's Tangible Book per Share of Dec. 2024 for the quarter that ended in Dec. 2024 was kr-0.01. Hence, Observit AB's Price to Tangible Book Ratio of today is .

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

OSTO:OBSE's Price-to-Tangible-Book is not ranked *
in the Software industry.
Industry Median: 3.68
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Observit AB's share price is kr0.57. Observit AB's Book Value per Sharefor the quarter that ended in Dec. 2024 was kr0.03. Hence, Observit AB's P/B Ratio of today is 17.27.


Observit AB Price-to-Tangible-Book Historical Data

The historical data trend for Observit 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.

Observit AB Price-to-Tangible-Book Chart

Observit AB Annual Data
Trend Jun21 Dec22 Dec23 Dec24
Price-to-Tangible-Book
- - - -

Observit AB Quarterly Data
Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - - - - -

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

For the Information Technology Services subindustry, Observit 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.


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

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

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


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Observit AB Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2024 )
=0.57/-0.009
=

* 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.


Observit AB Price-to-Tangible-Book Related Terms

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


Observit AB Business Description

Industry
Traded in Other Exchanges
N/A
Address
Heffners Alle 52, Sundsvall, SWE, 856 33
Observit AB is the market leader in the Nordics when it comes to mobile video surveillance in public transport. The company provides software as a cloud service, and a Software as a Service (SaaS) solution, and currently has approximately 38,000 licenses (one license per security camera) connected worldwide. The customer base includes large, well-known bus operators such as Nobina, Keolis, and Arriva and other transport-heavy customers such as Elis. Observit wants to become the leading global brand for mobile video solutions in the transport sector.

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