KERING.UNSP.ADR 1/10 EO 4 (PPXB) — Tangible Net Worth Ratio

Latest as of June 2026: 48.2%

KERING.UNSP.ADR 1/10 EO 4 (PPXB) has a Tangible Net Worth Ratio of 48.2% as of June 2026. This metric is calculated by deducting intangible assets (€7.95 Billion) from net assets (€15.36 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore KERING.UNSP.ADR 1/10 EO 4 (PPXB) net asset momentum to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

48.2%
Tangible equity / total equity

Net Assets (Equity)

€15.36 Billion
EUR

Intangible Assets

€7.95 Billion
Goodwill, patents, brand value

Total Assets

€39.82 Billion
EUR

KERING.UNSP.ADR 1/10 EO 4 Tangible Net Worth Ratio (2022–2025)

This chart shows how KERING.UNSP.ADR 1/10 EO 4's Tangible Net Worth Ratio has changed across 4 annual periods from 2022 to 2025. As of June 2026, the ratio stands at 48.2%, reflecting net assets of €15.36 Billion with intangible assets of €7.95 Billion EUR. For live market cap and overall valuation, see KERING.UNSP.ADR 1/10 EO 4 stock valuation.

Annual Tangible Net Worth Ratio for KERING.UNSP.ADR 1/10 EO 4 (2022–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for KERING.UNSP.ADR 1/10 EO 4 from 2022 to 2025, covering 4 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore KERING.UNSP.ADR 1/10 EO 4 (PPXB) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2025 48.7% €15.52 Billion €7.96 Billion €41.18 Billion ▲ +8.5 pp
2024 40.1% €15.73 Billion €9.41 Billion €43.35 Billion ▼ -8.0 pp
2023 48.1% €16.01 Billion €8.30 Billion €41.37 Billion ▼ -1.3 pp
2022 49.4% €14.78 Billion €7.48 Billion €33.94 Billion
pp = percentage points