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Readly International AB (OSTO:READ) Price-to-Tangible-Book : (As of May. 28, 2024)


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What is Readly International AB Price-to-Tangible-Book?

As of today (2024-05-28), Readly International AB's share price is kr14.30. Readly International AB's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was kr-2.65. Hence, Readly International AB's Price to Tangible Book Ratio of today is .

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

During the past 7 years, Readly International AB's highest Price to Tangible Book Ratio was 14.00. The lowest was 7.04. And the median was 10.52.

OSTO:READ's Price-to-Tangible-Book is not ranked *
in the Interactive Media industry.
Industry Median: 2.74
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Readly International AB's share price is kr14.30. Readly International AB's Book Value per Sharefor the quarter that ended in Dec. 2023 was kr0.90. Hence, Readly International AB's P/B Ratio of today is 15.82.


Readly International AB Price-to-Tangible-Book Historical Data

The historical data trend for Readly International 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.

Readly International AB Price-to-Tangible-Book Chart

Readly International AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - 7.04 14.00 - -

Readly International AB Quarterly Data
Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of Readly International AB's Price-to-Tangible-Book

For the Internet Content & Information subindustry, Readly International 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.


Readly International AB's Price-to-Tangible-Book Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Readly International AB's Price-to-Tangible-Book distribution charts can be found below:

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



Readly International AB Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=14.30/-2.645
=

* 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.


Readly International AB Price-to-Tangible-Book Related Terms

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


Readly International AB (OSTO:READ) Business Description

Traded in Other Exchanges
Address
Kungsgatan 17, PO Box 33 41, Stockholm, SWE, 111 43
Readly International AB is a provider of digital subscription services that offer access to digital magazines and newspapers. Its subscription gives the user unlimited access to thousands of magazines in around 16 local languages. Geographically company derived its revenue from Germany, UK, Sweden, France, and Others.

Readly International AB (OSTO:READ) Headlines

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