What is Albany International Price-to-Tangible-Book?
As of today (2024-04-24), Albany International's share price is $88.08. Albany International's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $23.61. Hence, Albany International's Price to Tangible Book Ratio of today is 3.73.
The historical rank and industry rank for Albany International's Price-to-Tangible-Book or its related term are showing as below:
AIN'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.71 Med: 4.53 Max: 5.69
Current: 3.73
During the past 13 years, Albany International's highest Price to Tangible Book Ratio was 5.69. The lowest was 2.71. And the median was 4.53.
AIN's Price-to-Tangible-Book is ranked worse than 83.84% of 990
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.305
vs AIN: 3.73
A closely related ratio is called PB Ratio. As of today, Albany International's share price is $88.08. Albany International's Book Value per Sharefor the quarter that ended in Dec. 2023 was $30.82. Hence, Albany International's P/B Ratio of today is 2.86.
Albany International Price-to-Tangible-Book Historical Data
The historical data trend for Albany International'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.
Competitive Comparison of Albany International's Price-to-Tangible-Book
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.
Albany International's Price-to-Tangible-Book Distribution in the Manufacturing - Apparel & Accessories Industry
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 Price-to-Tangible-Book Calculation
Albany International's price-to-tangible-book ratio for today is calculated as:
* 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.
Albany International Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Albany International's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Albany International (Albany International) Business Description
Albany International Corp is principally engaged in processing textiles and materials. The company consists of two business segments, the machine clothing segment, which produces and provides custom-designed fabrics and belts for the production in the paper, nonwovens, and other process industries; and the Albany engineered composites segment, which offers engineered composite parts for the aerospace and defensive industries. The machine clothing segment contributes to the majority of the company's total revenue. The company has a global operation and generates revenue from the United States, Switzerland, Brazil, China, Mexico, France, and other areas.
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