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Airthings ASA (Airthings ASA) Price-to-Tangible-Book : 2.35 (As of May. 31, 2024)


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What is Airthings ASA Price-to-Tangible-Book?

As of today (2024-05-31), Airthings ASA's share price is $0.48. Airthings ASA's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $0.20. Hence, Airthings ASA's Price to Tangible Book Ratio of today is 2.35.

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

ARTGF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.96   Med: 1.53   Max: 3.8
Current: 1.41

During the past 7 years, Airthings ASA's highest Price to Tangible Book Ratio was 3.80. The lowest was 0.96. And the median was 1.53.

ARTGF's Price-to-Tangible-Book is ranked better than
68.57% of 2835 companies
in the Industrial Products industry
Industry Median: 2.11 vs ARTGF: 1.41

A closely related ratio is called PB Ratio. As of today, Airthings ASA's share price is $0.48. Airthings ASA's Book Value per Sharefor the quarter that ended in Mar. 2024 was $0.24. Hence, Airthings ASA's P/B Ratio of today is 2.04.


Airthings ASA Price-to-Tangible-Book Historical Data

The historical data trend for Airthings ASA'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.

Airthings ASA Price-to-Tangible-Book Chart

Airthings ASA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - 3.65 1.83 2.16

Airthings ASA Quarterly Data
Dec18 Jun19 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 1.99 2.16 2.17 2.16 2.35

Competitive Comparison of Airthings ASA's Price-to-Tangible-Book

For the Electrical Equipment & Parts subindustry, Airthings ASA'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.


Airthings ASA's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Airthings ASA's Price-to-Tangible-Book distribution charts can be found below:

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



Airthings ASA Price-to-Tangible-Book Calculation

Airthings ASA's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=0.48/0.204
=2.35

* 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.


Airthings ASA Price-to-Tangible-Book Related Terms

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


Airthings ASA (Airthings ASA) Business Description

Traded in Other Exchanges
Address
Wergelandsveien 7, Oslo, NOR, 0167
Airthings ASA is a hardware-enabled software company that develops products and systems for monitoring indoor air quality, radon, and energy efficiency. The company's solutions resolve issues related to air quality and air containment and enable a reduced CO2 footprint by optimizing energy consumption for buildings. It is engaged in three business segments which include Airthings for Consumer (Consumer), Airthings for Business (AfB), and Airthings for Professionals (Pro). The majority of the revenue comes from the Airthings for Consumer segment, which uses software solutions to monitor air quality and create and maintain a healthy living environment.

Airthings ASA (Airthings ASA) Headlines

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Q4 2023 Airthings ASA Earnings Presentation Transcript

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