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Arise AB (OSTO:ARISE) Price-to-Tangible-Book : 1.00 (As of May. 28, 2024)


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What is Arise AB Price-to-Tangible-Book?

As of today (2024-05-28), Arise AB's share price is kr43.90. Arise AB's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was kr43.90. Hence, Arise AB's Price to Tangible Book Ratio of today is 1.00.

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

OSTO:ARISE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.43   Med: 0.9   Max: 2.71
Current: 1

During the past 13 years, Arise AB's highest Price to Tangible Book Ratio was 2.71. The lowest was 0.43. And the median was 0.90.

OSTO:ARISE's Price-to-Tangible-Book is ranked better than
66.67% of 399 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.45 vs OSTO:ARISE: 1.00

A closely related ratio is called PB Ratio. As of today, Arise AB's share price is kr43.90. Arise AB's Book Value per Sharefor the quarter that ended in Mar. 2024 was kr44.60. Hence, Arise AB's P/B Ratio of today is 0.98.


Arise AB Price-to-Tangible-Book Historical Data

The historical data trend for Arise AB'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.

Arise AB Price-to-Tangible-Book Chart

Arise AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.44 2.10 2.71 1.40 1.07

Arise AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only 1.37 1.12 0.85 1.07 0.94

Competitive Comparison of Arise AB's Price-to-Tangible-Book

For the Utilities - Renewable subindustry, Arise AB'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.


Arise AB's Price-to-Tangible-Book Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Arise AB's Price-to-Tangible-Book distribution charts can be found below:

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



Arise AB Price-to-Tangible-Book Calculation

Arise AB's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=43.90/43.9
=1.00

* 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.


Arise AB Price-to-Tangible-Book Related Terms

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


Arise AB (OSTO:ARISE) Business Description

Traded in Other Exchanges
Address
Kristian IV: s vag 3, Box 808, Halmstad, SWE, 302 50
Arise AB is an onshore wind power company. The company operates its business in two segments: Own Wind Power Operations and Development & Management. The Own wind power operations comprise 10 wind farms totaling 139 MW in southern Sweden and is engaged in the production and sale of electricity and electricity certificates. The Development and Management segment includes project development, construction, and sales of projects for renewable electricity production and management.

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