Vow Green Metals AS (OSL:VGM) Price-to-Tangible-Book : 3.24 (As of May. 23, 2024)

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What is Vow Green Metals AS Price-to-Tangible-Book?

As of today (2024-05-23), Vow Green Metals AS's share price is kr1.775. Vow Green Metals AS's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was kr0.55. Hence, Vow Green Metals AS's Price to Tangible Book Ratio of today is 3.24.

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

OSL:VGM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.01 Med: 3.38 Max: 4.29
Current: 3.23

During the past 4 years, Vow Green Metals AS's highest Price to Tangible Book Ratio was 4.29. The lowest was 3.01. And the median was 3.38.

OSL:VGM's Price-to-Tangible-Book is ranked worse than
66.84% of 190 companies
in the Waste Management industry
Industry Median: 2.04 vs OSL:VGM: 3.23

A closely related ratio is called PB Ratio. As of today, Vow Green Metals AS's share price is kr1.775. Vow Green Metals AS's Book Value per Sharefor the quarter that ended in Dec. 2023 was kr0.61. Hence, Vow Green Metals AS's P/B Ratio of today is 2.93.

Vow Green Metals AS Price-to-Tangible-Book Historical Data

The historical data trend for Vow Green Metals 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.

Vow Green Metals AS Price-to-Tangible-Book Chart

Vow Green Metals AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

4.29

3.01

3.38

Vow Green Metals AS Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial			4.29	7.20	3.01	176.82	3.38

Competitive Comparison of Vow Green Metals AS's Price-to-Tangible-Book

For the Waste Management subindustry, Vow Green Metals 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.

Vow Green Metals AS's Price-to-Tangible-Book Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Vow Green Metals AS's Price-to-Tangible-Book distribution charts can be found below:

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

Vow Green Metals AS Price-to-Tangible-Book Calculation

Vow Green Metals 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 )
	=	1.775	/	0.547
	=	3.24

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.

Vow Green Metals AS Price-to-Tangible-Book Related Terms

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

Vow Green Metals AS (OSL:VGM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Vow Green Metals AS (OSL:VGM) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

9G5:Germany

Address

Lysaker Torg 12, Lysaker, NOR, 1366

Website

https://www.vowasa.com

Vow Green Metals AS is engaged in preventing pollution. The solutions of the company convert biomass and waste into valuable resources and generate clean energy for a wide range of industries.

Vow Green Metals AS (OSL:VGM) Headlines

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