Soltec Power Holdings (XMAD:SOL) Price-to-Tangible-Book : 2.11 (As of May. 16, 2024)

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What is Soltec Power Holdings Price-to-Tangible-Book?

As of today (2024-05-16), Soltec Power Holdings's share price is €2.68. Soltec Power Holdings's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was €1.27. Hence, Soltec Power Holdings's Price to Tangible Book Ratio of today is 2.11.

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

XMAD:SOL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.97 Med: 3.86 Max: 9.35
Current: 2.11

During the past 4 years, Soltec Power Holdings's highest Price to Tangible Book Ratio was 9.35. The lowest was 1.97. And the median was 3.86.

XMAD:SOL's Price-to-Tangible-Book is ranked better than
61.22% of 949 companies
in the Semiconductors industry
Industry Median: 2.61 vs XMAD:SOL: 2.11

A closely related ratio is called PB Ratio. As of today, Soltec Power Holdings's share price is €2.68. Soltec Power Holdings's Book Value per Sharefor the quarter that ended in Jun. 2023 was €1.65. Hence, Soltec Power Holdings's P/B Ratio of today is 1.63.

Soltec Power Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Soltec Power Holdings'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.

Soltec Power Holdings Price-to-Tangible-Book Chart

Soltec Power Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

9.35

4.41

2.79

Soltec Power Holdings Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Price-to-Tangible-Book	Get a 7-Day Free Trial			6.16	4.41	3.05	2.79	3.30

Competitive Comparison of Soltec Power Holdings's Price-to-Tangible-Book

For the Solar subindustry, Soltec Power Holdings'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.

Soltec Power Holdings's Price-to-Tangible-Book Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Soltec Power Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Soltec Power Holdings's Price-to-Tangible-Book falls into.

Soltec Power Holdings Price-to-Tangible-Book Calculation

Soltec Power Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	2.68	/	1.273
	=	2.11

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.

Soltec Power Holdings Price-to-Tangible-Book Related Terms

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

Soltec Power Holdings (XMAD:SOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Soltec Power Holdings SA (XMAD:SOL) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

0AC5:UK 5PZ:Germany

Address

Gabriel Campillo Street, Poligono Industrial la Serreta s/n, Molina de Segura, Murcia, ESP, 30500

Website

http://www.soltecpowerholdings.com

Soltec Power Holdings SA is specialized in providing integrated solutions in solar PV energy. The company designs, manufactures and installs solar tracking systems and develops solar power projects. Its business is divided into industrial (trackers and construction services) business line, which is also referred to as Soltec Industrial, and project development business line, which is also referred to as Powertis. It offers a portfolio of solar trackers, including the SF8 and SF7 single-axis trackers, the SF8 and SF7 bi-facial trackers and the SF7 Tandem.