As of today (2024-04-23), Kellanova Co's share price is $58.14. Kellanova Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $-11.50. Hence, Kellanova Co's Price to Tangible Book Ratio of today is .
The historical rank and industry rank for Kellanova Co's Price-to-Tangible-Book or its related term are showing as below:
K's Price-to-Tangible-Book is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 1.66 * Ranked among companies with meaningful Price-to-Tangible-Book only.
A closely related ratio is called PB Ratio. As of today, Kellanova Co's share price is $58.14. Kellanova Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was $9.32. Hence, Kellanova Co's P/B Ratio of today is 6.24.
Kellanova Co Price-to-Tangible-Book Historical Data
The historical data trend for Kellanova Co'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.
For the Packaged Foods subindustry, Kellanova Co'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.
Kellanova Co Price-to-Tangible-Book Distribution
For the Consumer Packaged Goods industry and Consumer Defensive sector, Kellanova Co's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Kellanova Co's Price-to-Tangible-Book falls into.
Kellanova Co Price-to-Tangible-Book Calculation
Kellanova Co'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.
Kellanova Co Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Kellanova Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Following its split from the North American cereal business, Kellanova (previously the global snacking arm of Kellogg) is a leading global manufacturer and marketer of salty snacks, snack bars, frozen breakfast fare, meat alternatives, and other packaged foods. Its offerings are manufactured in around 20 countries and marketed in more than 180 countries. Its product mix includes well-known brands such as Pringles, Cheez-It, Rice Krispies Treats, Pop-Tarts, Eggo, Nutri-Grain, and Morningstar Farms. Sales beyond its home turf account for about half of Kellanova's consolidated sales base.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
K has been successfully added to your 