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Bure Equity AB (OSTO:BURE) Price-to-Tangible-Book : 1.24 (As of Jun. 05, 2024)


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What is Bure Equity AB Price-to-Tangible-Book?

As of today (2024-06-05), Bure Equity AB's share price is kr369.60. Bure Equity AB's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was kr297.77. Hence, Bure Equity AB's Price to Tangible Book Ratio of today is 1.24.

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

OSTO:BURE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.74   Med: 0.99   Max: 1.36
Current: 1.24

During the past 13 years, Bure Equity AB's highest Price to Tangible Book Ratio was 1.36. The lowest was 0.74. And the median was 0.99.

OSTO:BURE's Price-to-Tangible-Book is ranked worse than
77.59% of 1615 companies
in the Asset Management industry
Industry Median: 0.95 vs OSTO:BURE: 1.24

A closely related ratio is called PB Ratio. As of today, Bure Equity AB's share price is kr369.60. Bure Equity AB's Book Value per Sharefor the quarter that ended in Mar. 2024 was kr298.21. Hence, Bure Equity AB's P/B Ratio of today is 1.24.


Bure Equity AB Price-to-Tangible-Book Historical Data

The historical data trend for Bure Equity 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.

Bure Equity AB Price-to-Tangible-Book Chart

Bure Equity 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 1.09 1.23 1.36 1.26 1.11

Bure Equity 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 1.08 1.06 1.00 1.11 1.15

Competitive Comparison of Bure Equity AB's Price-to-Tangible-Book

For the Asset Management subindustry, Bure Equity 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.


Bure Equity AB's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Bure Equity AB's Price-to-Tangible-Book distribution charts can be found below:

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



Bure Equity AB Price-to-Tangible-Book Calculation

Bure Equity 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 )
=369.60/297.774
=1.24

* 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.


Bure Equity AB Price-to-Tangible-Book Related Terms

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


Bure Equity AB (OSTO:BURE) Business Description

Traded in Other Exchanges
Address
Nybrogatan 6, Stockholm, SWE, SE-114 34
Bure Equity AB is a Sweden-based investment company. The foundation of the company's business model is far-reaching engagement and a strong presence in the portfolio companies. The company specializes in long-term owning, developing, as well as disposing of listed and unlisted operating entities. Bure's objectives are to be a profitable investment for shareholders and to be a competitive investment alternative in the market.

Bure Equity AB (OSTO:BURE) Headlines

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