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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.
Solstad Maritime ASA Price-to-Tangible-Book Related Terms
Solstad Maritime ASA Price-to-Tangible-Book Historical Data
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The historical data trend for Solstad Maritime 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.
For the Marine Shipping subindustry, Solstad Maritime 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.
Solstad Maritime ASA Price-to-Tangible-Book vs Transportation Industry
For the Transportation industry and Industrials sector, Solstad Maritime ASA's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Solstad Maritime ASA's Price-to-Tangible-Book falls into.
* 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.
Solstad Maritime ASA (SLTMF) has a Price-to-Tangible-Book of 1.22 as of Sep. 13, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Solstad Maritime ASA and its competitors. According to the industry distribution chart, Solstad Maritime ASA ranks #478 out of 931 companies in the Transportation industry, placing it in the top 51.3%.
Is Solstad Maritime ASA's Price-to-Tangible-Book too high?
Solstad Maritime ASA's current Price-to-Tangible-Book is 1.22. The Transportation industry median Price-to-Tangible-Book is 1.39. Solstad Maritime ASA's value of 1.22 is 12.2% below this industry median. Based on the distribution chart, Solstad Maritime ASA ranks #478 out of 931 companies in the Transportation industry, which is below the industry midpoint. Overall, Solstad Maritime ASA has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Solstad Maritime ASA's Price-to-Tangible-Book compare to competitors?
According to the Transportation industry distribution chart, Solstad Maritime ASA ranks #478 out of 931 companies for Price-to-Tangible-Book. This places Solstad Maritime ASA in the lower half of its industry. The industry median Price-to-Tangible-Book is 1.39. Solstad Maritime ASA's value of 1.22 is 12.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a Transportation company?
The median Price-to-Tangible-Book among Transportation companies is 1.39, based on 931 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Solstad Maritime ASA's current Price-to-Tangible-Book of 1.22 is 12.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Solstad Maritime ASA and its competitors. For the Transportation industry, the median Price-to-Tangible-Book is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solstad Maritime ASA's current Price-to-Tangible-Book is 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solstad Maritime ASA stock overvalued right now?
Solstad Maritime ASA (SLTMF) has a current Price-to-Tangible-Book of 1.22. The current Price-to-Tangible-Book is 1.22 and 12.2% below the Transportation industry median of 1.39. Solstad Maritime ASA's overall GF Score™ is 19/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Solstad Maritime ASA (SLTMF), the current Price-to-Tangible-Book is 1.22 as of Sep. 13, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Solstad Maritime ASA operates offshore service and construction vessels, offering ships, additional services (ROVs, etc.), and maritime personnel across all geographical regions. Its operating business segments include AHTS, CSV, Services, and Others. The AHTS segment includes anchor handling tug supply vessels; the CSV segment represents operations of construction vessels performing subsea construction contracts; and the Services segment includes additional services provided across vessel spreads, i.e., ROVs, tooling, project personnel, and engineering support. All of the company's income is classified as Oil and Gas, which generates the majority of revenue, or Renewable. Geographically, it generates maximum revenue from the North Sea region.
19GF Score
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