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Betsson AB (OSTO:BETS B) Price-to-Tangible-Book : 15.02 (As of May. 21, 2024)


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

As of today (2024-05-21), Betsson AB's share price is kr121.20. Betsson AB's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was kr8.07. Hence, Betsson AB's Price to Tangible Book Ratio of today is 15.02.

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

OSTO:BETS B' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 12.62   Med: 21.71   Max: 102.54
Current: 15.02

During the past 13 years, Betsson AB's highest Price to Tangible Book Ratio was 102.54. The lowest was 12.62. And the median was 21.71.

OSTO:BETS B's Price-to-Tangible-Book is ranked worse than
94.45% of 667 companies
in the Travel & Leisure industry
Industry Median: 1.87 vs OSTO:BETS B: 15.02

A closely related ratio is called PB Ratio. As of today, Betsson AB's share price is kr121.20. Betsson AB's Book Value per Sharefor the quarter that ended in Mar. 2024 was kr67.27. Hence, Betsson AB's P/B Ratio of today is 1.80.


Betsson AB Price-to-Tangible-Book Historical Data

The historical data trend for Betsson 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.

Betsson AB Price-to-Tangible-Book Chart

Betsson 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 - - - 18.21 25.21

Betsson 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 13.38 12.62 27.72 25.21 13.12

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

For the Gambling subindustry, Betsson 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.


Betsson AB's Price-to-Tangible-Book Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Betsson AB's Price-to-Tangible-Book distribution charts can be found below:

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



Betsson AB Price-to-Tangible-Book Calculation

Betsson 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 )
=121.20/8.07
=15.02

* 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.


Betsson AB Price-to-Tangible-Book Related Terms

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


Betsson AB (OSTO:BETS B) Business Description

Traded in Other Exchanges
Address
Regeringsgatan 28, Stockholm, SWE, 111 53
Betsson AB is a holding company that invests in and manages companies operating in the online gaming industry. The products consist of casino and sports betting. The largest category of the casino is slots, i.e. virtual slot machines, followed by the live casino, which provides the player with a virtual, real-life-like casino experience with table games broadcast live from the game provider's studio. Company's approximately 20 brands include either the entire product portfolio, such as Betsson, Betsafe and Nordicbet, or just one product, such as Racebets (betting on horses) and Jalla Casino (casino). The brands' services are offered through the proprietary platform that manages payments, customer information, accounts, transactions and a range of games on offer.

Betsson AB (OSTO:BETS B) Headlines

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