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Amber Grid AB (OVSE:AMG1L) Price-to-Tangible-Book : 1.08 (As of May. 18, 2024)


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What is Amber Grid AB Price-to-Tangible-Book?

As of today (2024-05-18), Amber Grid AB's share price is €1.14. Amber Grid AB's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €1.06. Hence, Amber Grid AB's Price to Tangible Book Ratio of today is 1.08.

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

OVSE:AMG1L' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.38   Med: 1.16   Max: 1.65
Current: 1.08

During the past 11 years, Amber Grid AB's highest Price to Tangible Book Ratio was 1.65. The lowest was 0.38. And the median was 1.16.

OVSE:AMG1L's Price-to-Tangible-Book is ranked better than
73.09% of 472 companies
in the Utilities - Regulated industry
Industry Median: 1.805 vs OVSE:AMG1L: 1.08

A closely related ratio is called PB Ratio. As of today, Amber Grid AB's share price is €1.14. Amber Grid AB's Book Value per Sharefor the quarter that ended in Mar. 2024 was €1.07. Hence, Amber Grid AB's P/B Ratio of today is 1.06.


Amber Grid AB Price-to-Tangible-Book Historical Data

The historical data trend for Amber Grid 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.

Amber Grid AB Price-to-Tangible-Book Chart

Amber Grid 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 1.31 1.16 1.26 1.24 1.06

Amber Grid 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 1.20 1.16 1.16 1.06 1.08

Competitive Comparison of Amber Grid AB's Price-to-Tangible-Book

For the Utilities - Regulated Gas subindustry, Amber Grid 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.


Amber Grid AB's Price-to-Tangible-Book Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Amber Grid AB's Price-to-Tangible-Book distribution charts can be found below:

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



Amber Grid AB Price-to-Tangible-Book Calculation

Amber Grid 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 )
=1.14/1.06
=1.08

* 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.


Amber Grid AB Price-to-Tangible-Book Related Terms

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


Amber Grid AB (OVSE:AMG1L) Business Description

Traded in Other Exchanges
Address
Laisv?s pr. 10, Vilnius, LTU, LT-04215
Amber Grid AB is a part of the oil and gas sector. It is a natural gas transmission system operator in Lithuania. It is responsible for maintaining the natural gas transmission system for users of the natural gas infrastructure, operation, maintenance, and development. The company's transmission system mainly consists of gas pipelines, gas compressor stations, metering stations and distribution pipelines corrosion protection devices, data transmission, and communication systems. The company reports in two segments that are natural gas transmission operations and natural gas exchange operator activities, out of which the majority of revenue comes from natural gas transmission operations.

Amber Grid AB (OVSE:AMG1L) Headlines

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