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Momentum Group AB (OSTO:MMGR B) Price-to-Tangible-Book : (As of Jun. 03, 2024)


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What is Momentum Group AB Price-to-Tangible-Book?

As of today (2024-06-03), Momentum Group AB's share price is kr180.00. Momentum Group AB's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was kr-2.49. Hence, Momentum Group AB's Price to Tangible Book Ratio of today is .

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

During the past 6 years, Momentum Group AB's highest Price to Tangible Book Ratio was 29.79. The lowest was 19.80. And the median was 23.01.

OSTO:MMGR B's Price-to-Tangible-Book is not ranked *
in the Industrial Distribution industry.
Industry Median: 1.27
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Momentum Group AB's share price is kr180.00. Momentum Group AB's Book Value per Sharefor the quarter that ended in Mar. 2024 was kr13.46. Hence, Momentum Group AB's P/B Ratio of today is 13.37.


Momentum Group AB Price-to-Tangible-Book Historical Data

The historical data trend for Momentum Group 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.

Momentum Group AB Price-to-Tangible-Book Chart

Momentum Group AB Annual Data
Trend Mar18 Mar19 Mar20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - - 25.05 -

Momentum Group AB Quarterly Data
Mar19 Mar20 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 29.79 - - - -

Competitive Comparison of Momentum Group AB's Price-to-Tangible-Book

For the Industrial Distribution subindustry, Momentum Group 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.


Momentum Group AB's Price-to-Tangible-Book Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Momentum Group AB's Price-to-Tangible-Book distribution charts can be found below:

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



Momentum Group AB Price-to-Tangible-Book Calculation

Momentum Group 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 )
=180.00/-2.49
=

* 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.


Momentum Group AB Price-to-Tangible-Book Related Terms

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


Momentum Group AB (OSTO:MMGR B) Business Description

Traded in Other Exchanges
Address
Ostermalmsgatan 87 E, Stockholm, SWE, SE-114 59
Momentum Group AB operates, develops and acquires successful sustainable companies in the Nordic region through active ownership with decentralized profit and business responsibility. The group consists of a number of companies that together constitute one of the Nordic region's leading suppliers of industrial components, industrial services and other related services in the industrial sector.

Momentum Group AB (OSTO:MMGR B) Headlines

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