ABgax (OSTO:SAGA A) Price-to-Tangible-Book : 3.53 (As of May. 03, 2024)

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What is ABgax Price-to-Tangible-Book?

As of today (2024-05-03), ABgax's share price is kr278.00. ABgax's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was kr78.73. Hence, ABgax's Price to Tangible Book Ratio of today is 3.53.

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

OSTO:SAGA A' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.54 Med: 2.58 Max: 4.33
Current: 3.53

During the past 13 years, ABgax's highest Price to Tangible Book Ratio was 4.33. The lowest was 1.54. And the median was 2.58.

OSTO:SAGA A's Price-to-Tangible-Book is ranked worse than
88.77% of 1718 companies
in the Real Estate industry
Industry Median: 0.83 vs OSTO:SAGA A: 3.53

A closely related ratio is called PB Ratio. As of today, ABgax's share price is kr278.00. ABgax's Book Value per Sharefor the quarter that ended in Dec. 2023 was kr78.73. Hence, ABgax's P/B Ratio of today is 3.53.

ABgax Price-to-Tangible-Book Historical Data

The historical data trend for ABgax'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.

ABgax Price-to-Tangible-Book Chart

ABgax Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

3.07

3.33

4.33

3.17

3.48

ABgax Quarterly Data
	Mar19	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															3.17	3.19	2.82	2.72	3.48

Competitive Comparison of ABgax's Price-to-Tangible-Book

For the Real Estate Services subindustry, ABgax'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.

ABgax's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, ABgax's Price-to-Tangible-Book distribution charts can be found below:

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

ABgax Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	278.00	/	78.731
	=	3.53

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.

ABgax Price-to-Tangible-Book Related Terms

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

ABgax (OSTO:SAGA A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » AB Sagax (OSTO:SAGA A) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

SAGA D:Sweden SAGA B:Sweden SAGABs:UK 0QDX:UK EFE:Germany

Address

Engelbrektsplan 1, Stockholm, SWE, SE-114 34

Website

https://www.sagax.se

AB Sagax is a property company that invests in commercial properties with a focus on the warehouse and light industry segment. The company owns properties in Sweden, Finland, Germany, and Denmark, with a total rental space of more than 3 million square metres. A significant proportion of the company's real estate portfolio is located in the Stockholm and Helsinki regions. The company's revenue consists primarily of rental income for the provision of premises, of which the majority is derived from the government, municipalities, or companies with significant sales.

ABgax (OSTO:SAGA A) Headlines

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