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Bien Sparebank ASA (OSL:BIEN) Price-to-Tangible-Book : 0.76 (As of Jun. 04, 2024)


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What is Bien Sparebank ASA Price-to-Tangible-Book?

As of today (2024-06-04), Bien Sparebank ASA's share price is kr90.00. Bien Sparebank ASA's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was kr118.20. Hence, Bien Sparebank ASA's Price to Tangible Book Ratio of today is 0.76.

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

OSL:BIEN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.74   Med: 0.76   Max: 0.8
Current: 0.76

During the past 4 years, Bien Sparebank ASA's highest Price to Tangible Book Ratio was 0.80. The lowest was 0.74. And the median was 0.76.

OSL:BIEN's Price-to-Tangible-Book is ranked better than
63.93% of 1439 companies
in the Banks industry
Industry Median: 0.92 vs OSL:BIEN: 0.76

A closely related ratio is called PB Ratio. As of today, Bien Sparebank ASA's share price is kr90.00. Bien Sparebank ASA's Book Value per Sharefor the quarter that ended in Sep. 2023 was kr118.20. Hence, Bien Sparebank ASA's P/B Ratio of today is 0.76.


Bien Sparebank ASA Price-to-Tangible-Book Historical Data

The historical data trend for Bien Sparebank 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.

Bien Sparebank ASA Price-to-Tangible-Book Chart

Bien Sparebank ASA Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Price-to-Tangible-Book
- - - 0.80

Bien Sparebank ASA Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - 0.80 0.76 0.75 0.74

Competitive Comparison of Bien Sparebank ASA's Price-to-Tangible-Book

For the Banks - Regional subindustry, Bien Sparebank 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.


Bien Sparebank ASA's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bien Sparebank ASA's Price-to-Tangible-Book distribution charts can be found below:

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



Bien Sparebank ASA Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=90.00/118.198
=0.76

* 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.


Bien Sparebank ASA Price-to-Tangible-Book Related Terms

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


Bien Sparebank ASA (OSL:BIEN) Business Description

Traded in Other Exchanges
N/A
Address
Dronning Mauds gate 11, Oslo, NOR, 0250
Bien Sparebank ASA is a independent savings bank. It is a close and accessible bank for individuals and businesses in the Oslo area. The company offers various services namely daily banking, saving, pension, insurance and others.

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