Betolar Oyj (OHEL:BETOLAR) Price-to-Tangible-Book : 2.11 (As of May. 23, 2024)

View and export this data going back to 2021. Start your Free Trial

What is Betolar Oyj Price-to-Tangible-Book?

As of today (2024-05-23), Betolar Oyj's share price is €1.02. Betolar Oyj's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €0.48. Hence, Betolar Oyj's Price to Tangible Book Ratio of today is 2.11.

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

OHEL:BETOLAR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.09 Med: 2.69 Max: 3.36
Current: 2.13

During the past 5 years, Betolar Oyj's highest Price to Tangible Book Ratio was 3.36. The lowest was 2.09. And the median was 2.69.

OHEL:BETOLAR's Price-to-Tangible-Book is ranked worse than
65.51% of 374 companies
in the Building Materials industry
Industry Median: 1.395 vs OHEL:BETOLAR: 2.13

A closely related ratio is called PB Ratio. As of today, Betolar Oyj's share price is €1.02. Betolar Oyj's Book Value per Sharefor the quarter that ended in Dec. 2023 was €0.70. Hence, Betolar Oyj's P/B Ratio of today is 1.45.

Betolar Oyj Price-to-Tangible-Book Historical Data

The historical data trend for Betolar Oyj'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.

Betolar Oyj Price-to-Tangible-Book Chart

Betolar Oyj Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

3.36

2.60

2.69

Betolar Oyj Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial			3.36	2.82	2.60	3.60	2.69

Competitive Comparison of Betolar Oyj's Price-to-Tangible-Book

For the Building Materials subindustry, Betolar Oyj'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.

Betolar Oyj's Price-to-Tangible-Book Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Betolar Oyj's Price-to-Tangible-Book distribution charts can be found below:

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

Betolar Oyj Price-to-Tangible-Book Calculation

Betolar Oyj's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1.02	/	0.483
	=	2.11

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.

Betolar Oyj Price-to-Tangible-Book Related Terms

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

Betolar Oyj (OHEL:BETOLAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Betolar Oyj (OHEL:BETOLAR) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mannilantie 9, Kannonkoski, FIN, 43300

Website

https://www.betolar.com

Betolar Oyj is a Finnish materials technology company in the growth stage, whose mission is to enable the green transition of different industries globally, especially in the construction, process, and energy industries, by offering solutions for the utilization of its material technology. With its Geoprime solution, the company offers an alternative for producing sustainable and low-carbon concrete and concrete applications. The solution can be used to convert previously under-used or unused industrial side streams into a substitute for cement used in the production of concrete. Its product offering is divided into four segments: precast small concrete products, building elements, mining, and recycling of untapped side streams.

Betolar Oyj (OHEL:BETOLAR) Headlines

No Headlines