Rockwool AS (OCSE:ROCK A) Price-to-Tangible-Book : 2.83 (As of May. 08, 2024)

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What is Rockwool AS Price-to-Tangible-Book?

As of today (2024-05-08), Rockwool AS's share price is kr2600.00. Rockwool AS's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was kr918.79. Hence, Rockwool AS's Price to Tangible Book Ratio of today is 2.83.

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

OCSE:ROCK A' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.74 Med: 2.39 Max: 3.17
Current: 2.83

During the past 13 years, Rockwool AS's highest Price to Tangible Book Ratio was 3.17. The lowest was 1.74. And the median was 2.39.

OCSE:ROCK A's Price-to-Tangible-Book is ranked worse than
73.65% of 1503 companies
in the Construction industry
Industry Median: 1.36 vs OCSE:ROCK A: 2.83

A closely related ratio is called PB Ratio. As of today, Rockwool AS's share price is kr2600.00. Rockwool AS's Book Value per Sharefor the quarter that ended in Dec. 2023 was kr968.89. Hence, Rockwool AS's P/B Ratio of today is 2.68.

Rockwool AS Price-to-Tangible-Book Historical Data

The historical data trend for Rockwool AS'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.

Rockwool AS Price-to-Tangible-Book Chart

Rockwool AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.20

3.12

3.14

1.95

2.14

Rockwool AS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.95	1.97	2.08	1.94	2.14

Competitive Comparison of Rockwool AS's Price-to-Tangible-Book

For the Building Products & Equipment subindustry, Rockwool AS'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.

Rockwool AS's Price-to-Tangible-Book Distribution in the Construction Industry

For the Construction industry and Industrials sector, Rockwool AS's Price-to-Tangible-Book distribution charts can be found below:

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

Rockwool AS Price-to-Tangible-Book Calculation

Rockwool AS's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2600.00	/	918.791
	=	2.83

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.

Rockwool AS Price-to-Tangible-Book Related Terms

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

Rockwool AS (OCSE:ROCK A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Rockwool AS (OCSE:ROCK A) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

ROCKBc:UK 0M0A:UK ROCK B:Denmark R90:Germany

Address

Hovedgaden 584, Hedehusene, DNK, 2640

Website

https://www.rockwool.com

Rockwool AS manufactures and sells building materials, including insulation, and roofing systems. The company organizes itself into two segments based on the product: Insulation and Systems. The Insulation segment, which generates the majority of revenue, sells building, industrial, and technical insulation and external thermal insulation wall systems to the construction industry. The Systems business sells acoustic ceilings and wall systems, external cladding systems, horticultural substrate solutions, engineered fiber solutions, and noise and vibration control to the construction and automotive industries. The majority of sales come from Europe.

Rockwool AS (OCSE:ROCK A) Headlines

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