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Titanium Oyj (OHEL:TITAN) Price-to-Tangible-Book : 5.34 (As of May. 15, 2024)


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

As of today (2024-05-15), Titanium Oyj's share price is €11.50. Titanium Oyj's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €2.15. Hence, Titanium Oyj's Price to Tangible Book Ratio of today is 5.34.

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

OHEL:TITAN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.56   Med: 6.38   Max: 8.01
Current: 5.35

During the past 9 years, Titanium Oyj's highest Price to Tangible Book Ratio was 8.01. The lowest was 4.56. And the median was 6.38.

OHEL:TITAN's Price-to-Tangible-Book is ranked worse than
93.64% of 1619 companies
in the Asset Management industry
Industry Median: 0.96 vs OHEL:TITAN: 5.35

A closely related ratio is called PB Ratio. As of today, Titanium Oyj's share price is €11.50. Titanium Oyj's Book Value per Sharefor the quarter that ended in Dec. 2023 was €2.18. Hence, Titanium Oyj's P/B Ratio of today is 5.29.


Titanium Oyj Price-to-Tangible-Book Historical Data

The historical data trend for Titanium 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.

Titanium Oyj Price-to-Tangible-Book Chart

Titanium Oyj Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only 6.08 7.33 7.33 6.38 8.01

Titanium Oyj Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 7.33 6.87 6.38 10.44 8.01

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

For the Asset Management subindustry, Titanium 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.


Titanium Oyj's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Titanium Oyj's Price-to-Tangible-Book distribution charts can be found below:

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



Titanium Oyj Price-to-Tangible-Book Calculation

Titanium 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 )
=11.50/2.153
=5.34

* 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.


Titanium Oyj Price-to-Tangible-Book Related Terms

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


Titanium Oyj (OHEL:TITAN) Business Description

Traded in Other Exchanges
N/A
Address
Aleksanterinkatu 48 B, Helsinki, FIN, 00100
Titanium Oyj through its subsidiaries provides investment in real estate, mutual fund operations, asset management and insurance business.

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