AIN has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
AIN has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Albany International's tangible book value per share for the quarter that ended in Dec. 2023 was $23.61.
Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.
The historical data trend for Albany International's Tangible Book per Share 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.
Albany International Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Tangible Book per Share | Get a 7-Day Free Trial | 14.39 | 17.98 | 20.34 | 20.93 | 23.61 |
Albany International Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Tangible Book per Share | Get a 7-Day Free Trial | 20.93 | 21.83 | 22.43 | 22.21 | 23.61 |
For the Textile Manufacturing subindustry, Albany International'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.
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Albany International's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Albany International's Price-to-Tangible-Book falls into.
Albany International's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as
Tangible Book Value per Share | = | (Total Stockholders Equity | - | Preferred Stock | - | Intangible Assets) | / | Shares Outstanding (EOP) |
= | (961.368 | - | 0 | - | 224.827) | / | 31.1951 | |
= | 23.61 |
Albany International's Tangible Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as
Tangible Book Value per Share | = | (Total Stockholders Equity | - | Preferred Stock | - | Intangible Assets) | / | Shares Outstanding (EOP) |
= | (961.368 | - | 0 | - | 224.827) | / | 31.1951 | |
= | 23.61 |
* 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.
Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.
Albany International (NYSE:AIN) Tangible Book per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
Thank you for viewing the detailed overview of Albany International's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Gunnar Kleveland | director, officer: President and CEO | C/O ALBANY INTERNATIONAL CORP., 216 AIRPORT DRIVE, ROCHESTER NH 03867 |
Robert Alan Hansen | officer: Senior Vice President & CTO | C/O ALBANY INTERNATIONAL CORP, PO BOX 1907, ALBANY NY 12201-1907 |
John J Tedone | officer: VP - Controller & CAO | 501 DUNN ROAD, COVENTRY CT 06238 |
Robert D. Starr | officer: CFO & Treasurer | 10 STOCKBRIDGE DRIVE, AVON CT 06001 |
Elisabeth Indriani | officer: CAO & Corporate Controller | C/O ALBANY INTERNATIONAL CORP., 216 AIRPORT DRIVE, ROCHESTER NH 03867 |
John Michael Mcquade | director | C/O ALBANY INTERNATIONAL CORP, 216 AIRPORT DRIVE, ROCHESTER NH 03867 |
Katharine Plourde | director | 120 EAST END AVE, NEW YORK NY 10028 |
Erland E Kailbourne | director | C/O RAND CAPITAL CORP, 2200 RAND BUILDING, BUFFFALO NY 14203 |
Russell Toney | director | 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515 |
Christina M Alvord | director | 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242 |
Daniel A Halftermeyer | officer: President, MC | C/O ALBANY INTERNATIONAL CORP., P.O. BOX 1907, ALBANY NY 12201-1907 |
Christine L Standish | director | C/O ALBANY INTERNATIONAL CORP, PO BOX 1907, ALBANY NY 12201-1907 |
David M Pawlick | officer: Vice President-Controller | C/O ALBANY INTERNATIONAL CORP., P.O. BOX 1907, ALBANY NY 12201-1907 |
Alice Mccarvill | officer: Exec VP Human Resources | C/O ALBANY INTERNATIONAL CORP., 216 AIRPORT DRIVE, ROCHESTER NH 03867 |
Gregory N Harwell | officer: President- AEC | C/O ALBANY INTERNATIONAL CORP., 216 AIRPORT DRIVE, ROCHESTER NH 03867 |
From GuruFocus
By Business Wire • 08-31-2023
By Business Wire Business Wire • 04-25-2023
By Business Wire Business Wire • 05-23-2022
By Business Wire • 07-26-2023
By Business Wire Business Wire • 03-22-2022
By Business Wire • 06-29-2023
By Business Wire Business Wire • 02-24-2023
By Business Wire Business Wire • 04-19-2023
By Business Wire Business Wire • 02-13-2023
By Business Wire Business Wire • 06-20-2023
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.