AAK AB (AAK AB) Price-to-Tangible-Book : 3.29 (As of Apr. 27, 2024)

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What is AAK AB Price-to-Tangible-Book?

As of today (2024-04-27), AAK AB's share price is $19.26. AAK AB's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $5.86. Hence, AAK AB's Price to Tangible Book Ratio of today is 3.29.

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

ARHUF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.12 Med: 4.9 Max: 9.46
Current: 4.39

During the past 13 years, AAK AB's highest Price to Tangible Book Ratio was 9.46. The lowest was 3.12. And the median was 4.90.

ARHUF's Price-to-Tangible-Book is ranked worse than
85.3% of 1701 companies
in the Consumer Packaged Goods industry
Industry Median: 1.68 vs ARHUF: 4.39

A closely related ratio is called PB Ratio. As of today, AAK AB's share price is $19.26. AAK AB's Book Value per Sharefor the quarter that ended in Mar. 2024 was $7.03. Hence, AAK AB's P/B Ratio of today is 2.74.

AAK AB Price-to-Tangible-Book Historical Data

The historical data trend for AAK 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.

AAK AB Price-to-Tangible-Book Chart

AAK AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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5.91

5.29

4.79

3.68

3.63

AAK 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															3.51	4.10	4.01	3.63	3.29

Competitive Comparison of AAK AB's Price-to-Tangible-Book

For the Packaged Foods subindustry, AAK 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.

AAK AB's Price-to-Tangible-Book Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, AAK AB's Price-to-Tangible-Book distribution charts can be found below:

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

AAK AB Price-to-Tangible-Book Calculation

AAK 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 )
	=	19.26	/	5.86
	=	3.29

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.

AAK AB Price-to-Tangible-Book Related Terms

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

AAK AB (AAK AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » AAK AB (OTCPK:ARHUF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

AAK:Sweden AAKs:UK 0A0J:UK 6AA0:Germany

Address

Skrivaregatan 9, Malmo, SWE, SE-215 32

Website

https://www.aak.com

AAK AB is a Swedish refined vegetable oils producer with sales operations around the world. The company has three business segments: Food ingredients, Chocolate & confectionery fats, and Technical products & feed. The food ingredients segment provides solutions to the bakery, dairy, nutrition, plant-based, & food service industries. The Chocolate & Confectionery Fats segment mainly serves manufacturers of chocolate, spreads, & fillings products as well as customers in the personal care industry. Technical Products & Feed segment provides a growing range of specialized solutions, responding to an increased demand for natural ingredients & sustainability. The majority is from the Food ingredients segment.