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Nolato AB (Nolato AB) Price-to-Tangible-Book : 4.60 (As of Jun. 02, 2024)


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What is Nolato AB Price-to-Tangible-Book?

As of today (2024-06-02), Nolato AB's share price is $5.00. Nolato AB's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $1.09. Hence, Nolato AB's Price to Tangible Book Ratio of today is 4.60.

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

NLTBF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.23   Med: 5.76   Max: 16.97
Current: 5.49

During the past 13 years, Nolato AB's highest Price to Tangible Book Ratio was 16.97. The lowest was 4.23. And the median was 5.76.

NLTBF's Price-to-Tangible-Book is ranked worse than
89.77% of 479 companies
in the Conglomerates industry
Industry Median: 1.15 vs NLTBF: 5.49

A closely related ratio is called PB Ratio. As of today, Nolato AB's share price is $5.00. Nolato AB's Book Value per Sharefor the quarter that ended in Mar. 2024 was $1.98. Hence, Nolato AB's P/B Ratio of today is 2.53.


Nolato AB Price-to-Tangible-Book Historical Data

The historical data trend for Nolato 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.

Nolato AB Price-to-Tangible-Book Chart

Nolato AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.68 12.15 8.43 6.06 5.44

Nolato AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.49 6.26 3.89 5.44 5.01

Competitive Comparison of Nolato AB's Price-to-Tangible-Book

For the Conglomerates subindustry, Nolato 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.


Nolato AB's Price-to-Tangible-Book Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nolato AB's Price-to-Tangible-Book distribution charts can be found below:

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



Nolato AB Price-to-Tangible-Book Calculation

Nolato AB's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=5.00/1.087
=4.60

* 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.


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.


Nolato AB Price-to-Tangible-Book Related Terms

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


Nolato AB (Nolato AB) Business Description

Traded in Other Exchanges
Address
Nolatovagen 32, Torekov, SWE, SE-269 78
Nolato AB is a Swedish company that develops and manufactures plastic, silicone, and thermoplastic elastomer products. The firm's operations are organized into three segments based on end market: Medical, which develops complex product systems, components, and packaging solutions for pharmaceuticals and supplements; Integrated, which develops subsystems for mobile phones; and Industrial, which develops systems for the automotive, hygiene, packaging, and furniture industries. Roughly a third of the firm's revenue is generated in the Rest of Europe.

Nolato AB (Nolato AB) Headlines