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Peab AB (OSTO:PEAB B) 6-Month Price Index : 1.20 (As of Jun. 23, 2024)


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What is Peab AB 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-06-23), Peab AB's 6-Month Price Index is 1.20.

Competitive Comparison of Peab AB's 6-Month Price Index

For the Engineering & Construction subindustry, Peab AB's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index 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.

Peab AB  (OSTO:PEAB B) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* 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.

Peab AB  (OSTO:PEAB B) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Peab AB 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Peab AB's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

Peab AB (OSTO:PEAB B) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Peab AB (OSTO:PEAB B) » Definitions » 6-Month Price Index
Comparable Companies
OSTO:AFRY OSTO:BRAV OSTO:NCC A OSTO:RATO A OSTO:INSTAL OSTO:FG OSTO:VESTUM OSTO:EOLU B OSTO:ELTEL OSTO:WTW A XPAR:DG NSE:LT PWR SHSE:601668 SHSE:601390 TSX:WSP J XKRX:028260 EME HKSE:01800
Traded in Other Exchanges
0MHT:UK
Address
Margretetorpsvagen 84, Forslov, SWE, SE-269 73
Website
https://www.peab.com
Peab AB is one of the leading Nordic construction and civil engineering companies. It builds offices around the region and contributes to all stages of construction. Many projects are related to housing, transportation, commercial property, and building materials. A network of subcontractors and external suppliers helps plan and build innovative systems for projects. Peab operates in four business areas: construction (roughly half of total revenue), civil engineering, industry, and project development. It uses technical expertise and input from customers to complete projects and deliver customized solutions. The majority of sales come from Sweden, and the company has the capacity to complete smaller local projects as well as more complex construction projects.

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