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Grocery Outlet Holding (Grocery Outlet Holding) Price-to-Tangible-Book : 6.61 (As of Apr. 28, 2024)


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What is Grocery Outlet Holding Price-to-Tangible-Book?

As of today (2024-04-28), Grocery Outlet Holding's share price is $26.17. Grocery Outlet Holding's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $3.96. Hence, Grocery Outlet Holding's Price to Tangible Book Ratio of today is 6.61.

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

GO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 6.61   Med: 11.27   Max: 29.51
Current: 6.61

During the past 8 years, Grocery Outlet Holding's highest Price to Tangible Book Ratio was 29.51. The lowest was 6.61. And the median was 11.27.

GO's Price-to-Tangible-Book is ranked worse than
81.91% of 282 companies
in the Retail - Defensive industry
Industry Median: 2.045 vs GO: 6.61

A closely related ratio is called PB Ratio. As of today, Grocery Outlet Holding's share price is $26.17. Grocery Outlet Holding's Book Value per Sharefor the quarter that ended in Dec. 2023 was $12.29. Hence, Grocery Outlet Holding's P/B Ratio of today is 2.13.


Grocery Outlet Holding Price-to-Tangible-Book Historical Data

The historical data trend for Grocery Outlet Holding'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.

Grocery Outlet Holding Price-to-Tangible-Book Chart

Grocery Outlet Holding Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - 29.51 12.98 9.56 6.81

Grocery Outlet Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.56 8.93 8.79 7.58 6.81

Competitive Comparison of Grocery Outlet Holding's Price-to-Tangible-Book

For the Grocery Stores subindustry, Grocery Outlet Holding'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.


Grocery Outlet Holding's Price-to-Tangible-Book Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Grocery Outlet Holding's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Grocery Outlet Holding's Price-to-Tangible-Book falls into.



Grocery Outlet Holding Price-to-Tangible-Book Calculation

Grocery Outlet Holding's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=26.17/3.959
=6.61

* 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.

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.


Grocery Outlet Holding Price-to-Tangible-Book Related Terms

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


Grocery Outlet Holding (Grocery Outlet Holding) Business Description

Traded in Other Exchanges
N/A
Address
5650 Hollis Street, Emeryville, CA, USA, 94608
Grocery Outlet Holding Corp is a grocery store operator in the United States. Its flexible buying model allows them to offer quality, name-brand opportunistic products at prices generally 40% to 70% below those of conventional retailers. The stores are run by Entrepreneurial independent operators which create a neighborhood feel through personalized customer service and a localized product offering.
Executives
Thomas F Herman director C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608
Lindberg Eric J. Jr. director, officer: Chief Executive Officer C/O GROCERY OUTLET HOLDING CORP., 56560 HOLLIS STREET, EMERYVILLE CA 94608
Pamela B. Burke officer: CAO, GC & Secretary C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608
Charles Bracher officer: Chief Financial Officer C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608
Erik D. Ragatz director ONE MARITIME PLAZA, 12TH FLOOR, SAN FRANCISCO CA 94111
Luke D Thompson officer: SVP, GC and Secretary C/O GROCERY OUTLET HOLDING CORP, 5650 HOLLIS STREET, EMERYVILLE CA 94608
Calvin Chung officer: See Remarks C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608
Sheedy Robert Joseph Jr. officer: President C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608
Lindsay E. Gray officer: VP Corporate Controller C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608
Steven K. Wilson officer: SVP, Purchasing C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608
Andrea Renee Bortner officer: Chief Human Resources Officer C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608
Jeffrey York director C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608
Brian Mcandrews officer: See Remarks C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608
Norman S Matthews director 650 MADISON AVENUE, 23RD FLOOR, NEW YORK NY 10022
Read S. Macgregor Jr. director, officer: Vice Chairman C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608