Grenke AG (WBO:GLJ) Price-to-Tangible-Book : 0.47 (As of May. 18, 2025)

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What is Grenke AG Price-to-Tangible-Book?

As of today (2025-05-18), Grenke AG's share price is €13.94. Grenke AG's Tangible Book per Share of Dec. 2024 for the quarter that ended in Dec. 2024 was €29.49. Hence, Grenke AG's Price to Tangible Book Ratio of today is 0.47.

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

WBO:GLJ' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.48 Med: 2.66 Max: 5.33
Current: 0.48

During the past 13 years, Grenke AG's highest Price to Tangible Book Ratio was 5.33. The lowest was 0.48. And the median was 2.66.

WBO:GLJ's Price-to-Tangible-Book is ranked better than
85.43% of 501 companies
in the Credit Services industry
Industry Median: 1.14 vs WBO:GLJ: 0.48

A closely related ratio is called PB Ratio. As of today, Grenke AG's share price is €13.94. Grenke AG's Book Value per Sharefor the quarter that ended in Dec. 2024 was €30.40. Hence, Grenke AG's P/B Ratio of today is 0.46.

Grenke AG Price-to-Tangible-Book Historical Data

The historical data trend for Grenke AG'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.

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Grenke AG Price-to-Tangible-Book Chart

Grenke AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Price-to-Tangible-Book

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1.57

1.15

0.70

0.88

0.52

Grenke AG Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.88	0.85	0.71	0.82	0.52

Competitive Comparison of Grenke AG's Price-to-Tangible-Book

For the Credit Services subindustry, Grenke AG'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.

Grenke AG's Price-to-Tangible-Book Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Grenke AG's Price-to-Tangible-Book distribution charts can be found below:

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

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Grenke AG Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2024 )
	=	13.94	/	29.493
	=	0.47

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.

Grenke AG Price-to-Tangible-Book Related Terms

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

Grenke AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Grenke AG (WBO:GLJ) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

GLJd:UK 0R97:UK GLJ:Germany

Address

Neuer Markt 2, Baden-Baden, DEU, 76532

Website

https://www.grenke.de

Grenke AG is a financial services company that, under a franchise model, provides operational infrastructure, and other support services. The firm retains the right to acquire the franchisee based on a predetermined formula and time frame. Grenke's reporting segments include; The Leasing segment which generates key revenue, and consists of financing to commercial lessees, rental, service, protection and maintenance offerings, and the disposal of used equipment. The Banking segment acts as a financing partner, particularly to small- and medium-sized companies, and the Factoring segment offers traditional factoring services with a focus on small-ticket factoring. Geographically, the majority of the company's revenue is generated from France and rest from Italy, Germany and other regions.

Grenke AG Headlines

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