Solnaberg Property AB (OSTO:SOLNA) Price-to-Tangible-Book : 2.59 (As of May. 15, 2024)

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What is Solnaberg Property AB Price-to-Tangible-Book?

As of today (2024-05-15), Solnaberg Property AB's share price is kr104.00. Solnaberg Property AB's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was kr40.21. Hence, Solnaberg Property AB's Price to Tangible Book Ratio of today is 2.59.

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

OSTO:SOLNA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.12 Med: 2.22 Max: 3
Current: 2.59

During the past 8 years, Solnaberg Property AB's highest Price to Tangible Book Ratio was 3.00. The lowest was 1.12. And the median was 2.22.

OSTO:SOLNA's Price-to-Tangible-Book is ranked worse than
85.1% of 1725 companies
in the Real Estate industry
Industry Median: 0.83 vs OSTO:SOLNA: 2.59

A closely related ratio is called PB Ratio. As of today, Solnaberg Property AB's share price is kr104.00. Solnaberg Property AB's Book Value per Sharefor the quarter that ended in Dec. 2023 was kr40.21. Hence, Solnaberg Property AB's P/B Ratio of today is 2.59.

Solnaberg Property AB Price-to-Tangible-Book Historical Data

The historical data trend for Solnaberg Property 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.

Solnaberg Property AB Price-to-Tangible-Book Chart

Solnaberg Property AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.05

2.46

3.00

2.78

2.39

Solnaberg Property AB Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial										3.00	3.00	2.78	2.10	2.39

Competitive Comparison of Solnaberg Property AB's Price-to-Tangible-Book

For the Real Estate Services subindustry, Solnaberg Property 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.

Solnaberg Property AB's Price-to-Tangible-Book Distribution in the Real Estate Industry

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

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

Solnaberg Property AB Price-to-Tangible-Book Calculation

Solnaberg Property 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 )
	=	104.00	/	40.207
	=	2.59

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.

Solnaberg Property AB Price-to-Tangible-Book Related Terms

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

Solnaberg Property AB (OSTO:SOLNA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Solnaberg Property AB (OSTO:SOLNA) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/o Wilfast Forvaltning AB, Stora Badhusgatan 28A, Gothenburg, SWE, 411 21

Website

http://www.solnabergproperty.se

Solnaberg Property AB is a Sweden-based company involved in the real estate sector. It owns the property Solna Bladet 3 which comprises four combined office buildings. The property is in Bergshamra, a district in eastern Solna.

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