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Volvo Group (XBRU:VLV) Price-to-Tangible-Book : 2.10 (As of May. 27, 2024)


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What is Volvo Group Price-to-Tangible-Book?

As of today (2024-05-27), Volvo Group's share price is €10.72. Volvo Group's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €5.09. Hence, Volvo Group's Price to Tangible Book Ratio of today is 2.10.

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

XBRU:VLV' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.24   Med: 3.69   Max: 5.13
Current: 5.13

During the past 13 years, Volvo Group's highest Price to Tangible Book Ratio was 5.13. The lowest was 2.24. And the median was 3.69.

XBRU:VLV's Price-to-Tangible-Book is ranked worse than
86.91% of 191 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.88 vs XBRU:VLV: 5.13

A closely related ratio is called PB Ratio. As of today, Volvo Group's share price is €10.72. Volvo Group's Book Value per Sharefor the quarter that ended in Mar. 2024 was €6.99. Hence, Volvo Group's P/B Ratio of today is 1.53.


Volvo Group Price-to-Tangible-Book Historical Data

The historical data trend for Volvo Group'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.

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Volvo Group Price-to-Tangible-Book Chart

Volvo Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
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Volvo Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Volvo Group's Price-to-Tangible-Book

For the Farm & Heavy Construction Machinery subindustry, Volvo Group'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.


Volvo Group's Price-to-Tangible-Book Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Volvo Group's Price-to-Tangible-Book distribution charts can be found below:

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



Volvo Group Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=10.72/5.093
=2.10

* 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.


Volvo Group Price-to-Tangible-Book Related Terms

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


Volvo Group (XBRU:VLV) Business Description

Address
Gropegardsgatan 2, Gothenburg, SWE, 417 15
Volvo AB drives prosperity through transport and infrastructure solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing and services that increase the customers' uptime and productivity.

Volvo Group (XBRU:VLV) Headlines

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