Axfood AB (Axfood AB) Price-to-Tangible-Book

: 32.76 (As of Today)

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As of today (2024-04-19), Axfood AB's share price is $26.83. Axfood AB's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.82. Hence, Axfood AB's Price to Tangible Book Ratio of today is 32.76.

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

AXFOF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 15.39 Med: 37.17 Max: 79.6
Current: 35.3

During the past 13 years, Axfood AB's highest Price to Tangible Book Ratio was 79.60. The lowest was 15.39. And the median was 37.17.

AXFOF's Price-to-Tangible-Book is ranked worse than
98.58% of 281 companies
in the Retail - Defensive industry
Industry Median: 1.98 vs AXFOF: 35.30

A closely related ratio is called PB Ratio. As of today, Axfood AB's share price is $26.83. Axfood AB's Book Value per Sharefor the quarter that ended in Dec. 2023 was $3.11. Hence, Axfood AB's P/B Ratio of today is 8.64.

Axfood AB Price-to-Tangible-Book Historical Data

The historical data trend for Axfood 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.

Axfood AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

66.10

48.77

30.47

26.86

Axfood AB 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																30.47	-	79.14	39.50	26.86

Competitive Comparison

For the Grocery Stores subindustry, Axfood 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.

Axfood AB Price-to-Tangible-Book Distribution

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

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

Axfood AB Price-to-Tangible-Book Calculation

Axfood AB's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	26.83	/	0.819
	=	32.76

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.

Axfood AB Price-to-Tangible-Book Related Terms

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

Axfood AB (Axfood AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Axfood AB (OTCPK:AXFOF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

AXFOY:USA AXFO:Sweden AXFOs:UK 0R6R:UK AXL1:Germany

Address

Solnavagen 4, Stockholm, SWE, 113 65

Website

https://www.axfood.se

Axfood AB operates food retail and wholesale businesses in Sweden. Its operating segments include Willys, Hemkop, Dagab, and Snabbgross. The Willys segment operates two discount grocery chains: Willys and Eurocash. Willys is Sweden's primary discount market chain, while Eurocash serves mainly the Norwegian-Swedish border. Hemkop offers a wide range of fresh products for meal solutions. Dagab is engaged in the wholesale purchasing and logistics business. Narlivs operates within this segment as a wholesaler serving independent grocers and convenience retailers. This segment contributes to the majority of the company's revenue. Snabbgross is a restaurant wholesaler, catering primarily to cafes, fast-food establishments, and high-end restaurants.

Axfood AB (Axfood AB) Headlines

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