GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tofutti Brands Inc (OTCPK:TOFB) » Definitions » PB Ratio

Tofutti Brands (Tofutti Brands) PB Ratio

: 1.20 (As of Today)
View and export this data going back to 1995. Start your Free Trial

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-19), Tofutti Brands's share price is $0.88. Tofutti Brands's Book Value per Share for the quarter that ended in Dec. 2023 was $0.74. Hence, Tofutti Brands's PB Ratio of today is 1.20.

The historical rank and industry rank for Tofutti Brands's PB Ratio or its related term are showing as below:

TOFB' s PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 3.21   Max: 13.38
Current: 1.19

During the past 13 years, Tofutti Brands's highest PB Ratio was 13.38. The lowest was 0.70. And the median was 3.21.

TOFB's PB Ratio is ranked better than
58.85% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 1.47 vs TOFB: 1.19

During the past 12 months, Tofutti Brands's average Book Value Per Share Growth Rate was -7.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -5.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tofutti Brands was 59.10% per year. The lowest was -65.00% per year. And the median was 3.75% per year.

Back to Basics: PB Ratio


Tofutti Brands PB Ratio Historical Data

The historical data trend for Tofutti Brands's PB Ratio 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.

Tofutti Brands Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.66 2.13 2.98 1.50 1.02

Tofutti Brands Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio 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 Premium Member Only Premium Member Only Premium Member Only 1.50 1.28 1.12 0.87 1.02

Competitive Comparison

For the Packaged Foods subindustry, Tofutti Brands's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Tofutti Brands PB Ratio Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tofutti Brands's PB Ratio distribution charts can be found below:

* The bar in red indicates where Tofutti Brands's PB Ratio falls into.



Tofutti Brands PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Tofutti Brands's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.88/0.736
=1.20

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Tofutti Brands  (OTCPK:TOFB) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Tofutti Brands PB Ratio Related Terms

Thank you for viewing the detailed overview of Tofutti Brands's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Tofutti Brands (Tofutti Brands) Business Description

Traded in Other Exchanges
N/A
Address
50 Jackson Drive, Cranford, NJ, USA, 07016
Tofutti Brands Inc is engaged in the development, production, and marketing of TOFUTTI brand non-dairy frozen desserts and other food products. It offers soy-based products, plant-based, dairy vegan, frozen desserts, soy-based cheeses and spreads, and other frozen food products. The company sells its dairy-free frozen dessert products, frozen entrees, and soy-cheese products in majorly markets in the United States, including Atlanta, Baltimore, Boston, Charlotte, Chicago, Cincinnati, and Cleveland. It distributes all of its products by common carrier or by allowing customers to pick up products from outside storage facilities.
Executives
Efraim Mintz director TOFUTTI BRANDS INC., 50 JACKSON DRIVE, CRANFORD NJ 07106
Joseph N Himy director 13-01 POLLITT DRIVE, FAIR LAWN NJ 07410
Scott Korman director C/O NASHONE, INC., 175 ELM ROAD, ENGLEWOOD NJ 07361
Neal S Axelrod director C/O TOFUTTI BRANDS INC., 50 JACKSON DRIVE, CRANFORD NJ 07016
Steven Kass officer: Chief Financial Officer 50 JACKSON DRIVE, CRANFORD NJ 07016
Philip Gotthelf director C/O TOFUTTI BRANDS INC., 50 JACKSON DRIVE, CRANFORD NJ 07016
Aron Forem director C/O WUHL SHAFMAN LIEBERMAN CO., 52-62 CORNELIA STREET, NEWARK NJ 07105
Joseph K Fischer director 50 JACKSON DRIVE, CRANFORD NJ 7016
Franklyn H Snitow director 575 LEXINGTON AVE, NEW YORK NY 10017
Jeremy Wiesen director
Reuben Rapoport director, officer: Director-Product Development
David Mintz director, 10 percent owner, officer: President & Chairman 50 JACKSON DRIVE, CRANFORD NJ 07016

Tofutti Brands (Tofutti Brands) Headlines

From GuruFocus

TOFUTTI BRANDS, INC. JOINS VEGANUARY MOVEMENT

By Tiesvg Tiesvg 12-28-2022

TOFUTTI ANNOUNCES RESULTS FOR THIRTEEN WEEKS ENDED APRIL 1, 2023

By sperokesalga sperokesalga 05-16-2023

TOFUTTI ANNOUNCES RESULTS FOR THIRTEEN WEEKS ENDED APRIL 2, 2022

By GuruFocusNews GuruFocusNews 05-17-2022

TOFUTTI ANNOUNCES RESULTS FOR FISCAL YEAR ENDED JANUARY 1, 2022

By GlobeNewswire GlobeNewswire 04-01-2022

TOFUTTI ANNOUNCES RESULTS FOR FISCAL YEAR ENDED JANUARY 1, 2022

By GuruFocusNews GuruFocusNews 04-01-2022

TOFUTTI ANNOUNCES THIRD QUARTER AND NINE MONTH RESULTS

By Marketwired Marketwired 11-13-2019

TOFUTTI ANNOUNCES RESULTS FOR THIRTEEN WEEKS ENDED APRIL 3, 2021

By Marketwired Marketwired 05-24-2021