Neinor Homes (XMAD:HOME) Price-to-Tangible-Book : 0.81 (As of Apr. 29, 2024)

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What is Neinor Homes Price-to-Tangible-Book?

As of today (2024-04-29), Neinor Homes's share price is €10.48. Neinor Homes's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €12.97. Hence, Neinor Homes's Price to Tangible Book Ratio of today is 0.81.

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

XMAD:HOME' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.67 Med: 0.95 Max: 2
Current: 0.79

During the past 9 years, Neinor Homes's highest Price to Tangible Book Ratio was 2.00. The lowest was 0.67. And the median was 0.95.

XMAD:HOME's Price-to-Tangible-Book is ranked better than
51.83% of 1721 companies
in the Real Estate industry
Industry Median: 0.82 vs XMAD:HOME: 0.79

A closely related ratio is called PB Ratio. As of today, Neinor Homes's share price is €10.48. Neinor Homes's Book Value per Sharefor the quarter that ended in Dec. 2023 was €13.09. Hence, Neinor Homes's P/B Ratio of today is 0.80.

Neinor Homes Price-to-Tangible-Book Historical Data

The historical data trend for Neinor Homes'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.

Neinor Homes Price-to-Tangible-Book Chart

Neinor Homes Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.04

0.95

0.87

0.67

0.81

Neinor Homes Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.99	0.79	0.67	0.75	0.81

Competitive Comparison of Neinor Homes's Price-to-Tangible-Book

For the Real Estate - Development subindustry, Neinor Homes'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.

Neinor Homes's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Neinor Homes's Price-to-Tangible-Book distribution charts can be found below:

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

Neinor Homes Price-to-Tangible-Book Calculation

Neinor Homes's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	10.48	/	12.971
	=	0.81

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Neinor Homes Price-to-Tangible-Book Related Terms

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

Neinor Homes (XMAD:HOME) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Neinor Homes SA (XMAD:HOME) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

0RNU:UK 1NN:Germany

Address

Calle Ercilla 24, Bilbao, ESP, 48011

Website

https://www.neinorhomes.com

Neinor Homes SA is a residential property development company in Spain. The company is engaged in developing and selling property developments. Its operating segment includes Rentals, Asset management, Legacy, and Development. The company generates maximum revenue from the Development segment.