Arctic Fish Holding AS (OSL:AFISH) PB Ratio : 1.78 (As of May. 27, 2024)

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What is Arctic Fish Holding AS PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-27), Arctic Fish Holding AS's share price is kr55.00. Arctic Fish Holding AS's Book Value per Share for the quarter that ended in Jun. 2023 was kr30.94. Hence, Arctic Fish Holding AS's PB Ratio of today is 1.78.

Good Sign:

Arctic Fish Holding AS stock PB Ratio (=1.78) is close to 5-year low of 1.74

The historical rank and industry rank for Arctic Fish Holding AS's PB Ratio or its related term are showing as below:

OSL:AFISH' s PB Ratio Range Over the Past 10 Years
Min: 1.74 Med: 2.84 Max: 4.05
Current: 1.78

During the past 6 years, Arctic Fish Holding AS's highest PB Ratio was 4.05. The lowest was 1.74. And the median was 2.84.

OSL:AFISH's PB Ratio is ranked worse than
55.54% of 1806 companies
in the Consumer Packaged Goods industry
Industry Median: 1.53 vs OSL:AFISH: 1.78

During the past 12 months, Arctic Fish Holding AS's average Book Value Per Share Growth Rate was -4.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 26.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 35.20% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Arctic Fish Holding AS was 54.10% per year. The lowest was 26.90% per year. And the median was 48.90% per year.

Back to Basics: PB Ratio

Arctic Fish Holding AS PB Ratio Historical Data

The historical data trend for Arctic Fish Holding AS's PB Ratio 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.

Arctic Fish Holding AS PB Ratio Chart

Arctic Fish Holding AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

2.86

3.06

2.05

Arctic Fish Holding AS Quarterly Data
	Dec18	Sep19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial											3.00	3.18	3.06	3.02	2.05

Competitive Comparison of Arctic Fish Holding AS's PB Ratio

For the Farm Products subindustry, Arctic Fish Holding AS's PB Ratio, along with its competitors' market caps and PB Ratio 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.

Arctic Fish Holding AS's PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Arctic Fish Holding AS's PB Ratio distribution charts can be found below:

* The bar in red indicates where Arctic Fish Holding AS's PB Ratio falls into.

Arctic Fish Holding AS PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Arctic Fish Holding AS's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jun. 2023)
	=	55.00	/	30.943
	=	1.78

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Arctic Fish Holding AS (OSL:AFISH) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Arctic Fish Holding AS PB Ratio Related Terms

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Arctic Fish Holding AS (OSL:AFISH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Arctic Fish Holding AS (OSL:AFISH) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

6TW:Germany

Address

Sindragata 10, Isafjordur, ISL, 400

Website

https://www.arcticfish.is

Arctic Fish Holding AS is a fish farming company. It is engaged in farming and marketing Atlantic salmon. The fish farming business includes smolt production, salmon farming, harvesting activities, and sales of harvested fish.

Arctic Fish Holding AS (OSL:AFISH) Headlines

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