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Lokotech Group AS (OSL:LOKO) Price-to-Tangible-Book : 3.86 (As of May. 20, 2024)


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What is Lokotech Group AS Price-to-Tangible-Book?

As of today (2024-05-20), Lokotech Group AS's share price is kr0.788. Lokotech Group AS's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was kr0.20. Hence, Lokotech Group AS's Price to Tangible Book Ratio of today is 3.86.

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

OSL:LOKO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.98   Med: 2.21   Max: 3.94
Current: 3.94

During the past 6 years, Lokotech Group AS's highest Price to Tangible Book Ratio was 3.94. The lowest was 1.98. And the median was 2.21.

OSL:LOKO's Price-to-Tangible-Book is ranked worse than
52.59% of 2086 companies
in the Software industry
Industry Median: 3.645 vs OSL:LOKO: 3.94

A closely related ratio is called PB Ratio. As of today, Lokotech Group AS's share price is kr0.788. Lokotech Group AS's Book Value per Sharefor the quarter that ended in Dec. 2023 was kr0.29. Hence, Lokotech Group AS's P/B Ratio of today is 2.72.


Lokotech Group AS Price-to-Tangible-Book Historical Data

The historical data trend for Lokotech Group AS'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.

Lokotech Group AS Price-to-Tangible-Book Chart

Lokotech Group AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - 2.21 1.98 3.73

Lokotech Group AS Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only 2.21 2.17 1.98 4.02 3.73

Competitive Comparison of Lokotech Group AS's Price-to-Tangible-Book

For the Software - Infrastructure subindustry, Lokotech Group AS'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.


Lokotech Group AS's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Lokotech Group AS's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Lokotech Group AS's Price-to-Tangible-Book falls into.



Lokotech Group AS Price-to-Tangible-Book Calculation

Lokotech Group AS's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.788/0.204
=3.86

* 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.


Lokotech Group AS Price-to-Tangible-Book Related Terms

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


Lokotech Group AS (OSL:LOKO) Business Description

Traded in Other Exchanges
Address
St. Olavsgate 21B, Oslo, NOR, 0165
Lokotech Group AS is a hardware and software company specializing in supercomputer development. The company focuses on environmental improvements (reducing energy waste and CO2 emissions) in the blockchain industry. Its low energy microchips may potentially also be used in Artificial Intelligence (AI).

Lokotech Group AS (OSL:LOKO) Headlines

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