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LumenRadio AB (OSTO:LUMEN) Price-to-Tangible-Book : 26.57 (As of May. 25, 2024)


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

As of today (2024-05-25), LumenRadio AB's share price is kr108.40. LumenRadio AB's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was kr4.08. Hence, LumenRadio AB's Price to Tangible Book Ratio of today is 26.57.

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

OSTO:LUMEN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 9.58   Med: 21.77   Max: 39.37
Current: 26.57

During the past 5 years, LumenRadio AB's highest Price to Tangible Book Ratio was 39.37. The lowest was 9.58. And the median was 21.77.

OSTO:LUMEN's Price-to-Tangible-Book is ranked worse than
98.52% of 2298 companies
in the Hardware industry
Industry Median: 2.06 vs OSTO:LUMEN: 26.57

A closely related ratio is called PB Ratio. As of today, LumenRadio AB's share price is kr108.40. LumenRadio AB's Book Value per Sharefor the quarter that ended in Mar. 2024 was kr16.83. Hence, LumenRadio AB's P/B Ratio of today is 6.44.


LumenRadio AB Price-to-Tangible-Book Historical Data

The historical data trend for LumenRadio 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.

LumenRadio AB Price-to-Tangible-Book Chart

LumenRadio AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - - 9.58 39.37

LumenRadio AB Quarterly Data
Dec19 Dec20 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 11.65 14.12 34.64 39.37 29.41

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

For the Communication Equipment subindustry, LumenRadio 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.


LumenRadio AB's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, LumenRadio AB's Price-to-Tangible-Book distribution charts can be found below:

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



LumenRadio AB Price-to-Tangible-Book Calculation

LumenRadio 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 )
=108.40/4.08
=26.57

* 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.


LumenRadio AB Price-to-Tangible-Book Related Terms

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


LumenRadio AB (OSTO:LUMEN) Business Description

Traded in Other Exchanges
Address
Johan Willins Gata 6, Gothenburg, SWE, SE-416 48
LumenRadio AB provide ultra-reliable and ultra-low power device-to-device wireless connectivity for the most business-critical applications. The company's scalable solutions are based on patented wireless technology for lighting control, building automation and industrial communication.

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