Airobot Technologies AS (OTSE:AIR) Price-to-Tangible-Book : 23.87 (As of May. 22, 2024)

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What is Airobot Technologies AS Price-to-Tangible-Book?

As of today (2024-05-22), Airobot Technologies AS's share price is €2.84. Airobot Technologies AS's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €0.12. Hence, Airobot Technologies AS's Price to Tangible Book Ratio of today is 23.87.

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

OTSE:AIR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 16.72 Med: 23.97 Max: 31.22
Current: 23.67

During the past 5 years, Airobot Technologies AS's highest Price to Tangible Book Ratio was 31.22. The lowest was 16.72. And the median was 23.97.

OTSE:AIR's Price-to-Tangible-Book is ranked worse than
98.22% of 2300 companies
in the Hardware industry
Industry Median: 2.06 vs OTSE:AIR: 23.67

A closely related ratio is called PB Ratio. As of today, Airobot Technologies AS's share price is €2.84. Airobot Technologies AS's Book Value per Sharefor the quarter that ended in Dec. 2023 was €0.18. Hence, Airobot Technologies AS's P/B Ratio of today is 15.96.

Airobot Technologies AS Price-to-Tangible-Book Historical Data

The historical data trend for Airobot Technologies 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.

Airobot Technologies AS Price-to-Tangible-Book Chart

Airobot Technologies AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

31.22

16.72

Airobot Technologies AS Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	20.10	31.22	61.64	16.72

Competitive Comparison of Airobot Technologies AS's Price-to-Tangible-Book

For the Consumer Electronics subindustry, Airobot Technologies 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.

Airobot Technologies AS's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Airobot Technologies AS's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Airobot Technologies AS's Price-to-Tangible-Book falls into.

Airobot Technologies AS Price-to-Tangible-Book Calculation

Airobot Technologies 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 )
	=	2.84	/	0.119
	=	23.87

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.

Airobot Technologies AS Price-to-Tangible-Book Related Terms

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Airobot Technologies AS (OTSE:AIR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Airobot Technologies AS (OTSE:AIR) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

Suur-sojamae 37a, Rae Vald, EST, 75322

Website

https://www.airobothome.com

Airobot Technologies AS is an indoor climate technology and production company, which is characterized by strong software and air analysis. The company's main product is innovative ventilation equipment with a demand-based control algorithm, which has been developed in cooperation with researchers from the University of Tartu and TalTech.