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Nordwest Handel AG (FRA:NWX) Price-to-Tangible-Book : 0.67 (As of May. 25, 2024)


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What is Nordwest Handel AG Price-to-Tangible-Book?

As of today (2024-05-25), Nordwest Handel AG's share price is €23.00. Nordwest Handel AG's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €34.35. Hence, Nordwest Handel AG's Price to Tangible Book Ratio of today is 0.67.

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

FRA:NWX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.6   Med: 0.94   Max: 1.57
Current: 0.67

During the past 13 years, Nordwest Handel AG's highest Price to Tangible Book Ratio was 1.57. The lowest was 0.60. And the median was 0.94.

FRA:NWX's Price-to-Tangible-Book is ranked better than
75.56% of 135 companies
in the Industrial Distribution industry
Industry Median: 1.25 vs FRA:NWX: 0.67

A closely related ratio is called PB Ratio. As of today, Nordwest Handel AG's share price is €23.00. Nordwest Handel AG's Book Value per Sharefor the quarter that ended in Mar. 2024 was €34.35. Hence, Nordwest Handel AG's P/B Ratio of today is 0.67.


Nordwest Handel AG Price-to-Tangible-Book Historical Data

The historical data trend for Nordwest Handel AG'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.

Nordwest Handel AG Price-to-Tangible-Book Chart

Nordwest Handel AG 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 1.08 0.93 0.99 0.75 0.71

Nordwest Handel AG 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 0.68 0.74 0.64 0.71 0.60

Competitive Comparison of Nordwest Handel AG's Price-to-Tangible-Book

For the Industrial Distribution subindustry, Nordwest Handel AG'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.


Nordwest Handel AG's Price-to-Tangible-Book Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Nordwest Handel AG's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Nordwest Handel AG's Price-to-Tangible-Book falls into.



Nordwest Handel AG Price-to-Tangible-Book Calculation

Nordwest Handel AG's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=23.00/34.354
=0.67

* 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.


Nordwest Handel AG Price-to-Tangible-Book Related Terms

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


Nordwest Handel AG (FRA:NWX) Business Description

Traded in Other Exchanges
Address
Robert-Schuman-Strasse 17, Dortmund, DEU, D-44263
Nordwest Handel AG provides procurement, finance, logistics, IT, and sales services for small and medium sized businesses. It trades in various steel products, such as molded steel/broad flanged beams; and trades in occupational health and safety, construction equipment and components. The company also supplies sanitary/bathroom ceramics and fittings, bathroom furniture and radiators, shower separations, and accessories to plumbers, fitters, and housing societies, as well as to private building owners and renovators.

Nordwest Handel AG (FRA:NWX) Headlines

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