Adcock Ingram Holdings (JSE:AIP) Price-to-Tangible-Book : 1.98 (As of May. 09, 2024)

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What is Adcock Ingram Holdings Price-to-Tangible-Book?

As of today (2024-05-09), Adcock Ingram Holdings's share price is R55.60. Adcock Ingram Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was R28.14. Hence, Adcock Ingram Holdings's Price to Tangible Book Ratio of today is 1.98.

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

JSE:AIP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.87 Med: 2.63 Max: 4.47
Current: 1.98

During the past 13 years, Adcock Ingram Holdings's highest Price to Tangible Book Ratio was 4.47. The lowest was 1.87. And the median was 2.63.

JSE:AIP's Price-to-Tangible-Book is ranked better than
58.9% of 871 companies
in the Drug Manufacturers industry
Industry Median: 2.44 vs JSE:AIP: 1.98

A closely related ratio is called PB Ratio. As of today, Adcock Ingram Holdings's share price is R55.60. Adcock Ingram Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was R36.26. Hence, Adcock Ingram Holdings's P/B Ratio of today is 1.53.

Adcock Ingram Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Adcock Ingram Holdings'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.

Adcock Ingram Holdings Price-to-Tangible-Book Chart

Adcock Ingram Holdings Annual Data

Trend

Sep13

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.77

2.23

1.97

2.01

2.07

Adcock Ingram Holdings Semi-Annual Data
	Mar14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															2.18	2.01	1.91	2.07	2.14

Competitive Comparison of Adcock Ingram Holdings's Price-to-Tangible-Book

For the Drug Manufacturers - Specialty & Generic subindustry, Adcock Ingram Holdings'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.

Adcock Ingram Holdings's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Adcock Ingram Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Adcock Ingram Holdings's Price-to-Tangible-Book falls into.

Adcock Ingram Holdings Price-to-Tangible-Book Calculation

Adcock Ingram Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	55.60	/	28.14
	=	1.98

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.

Adcock Ingram Holdings Price-to-Tangible-Book Related Terms

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

Adcock Ingram Holdings (JSE:AIP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Adcock Ingram Holdings Ltd (JSE:AIP) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 New Road, (c/o New Road & 7th Street), Midrand, Johannesburg, GT, ZAF, 1682

Website

https://www.adcock.com

Adcock Ingram Holdings Ltd is a drug manufacturing company. The company manufactures, markets, and distributes a wide range of healthcare products. The company generates roughly two-thirds of its sales from the private sector, with the remaining from the public sector. Adcock operates in four broad areas: renal disease, medicine delivery, transfusion therapies, and blood and specialized pharmaceuticals. The company generates the vast majority of its revenue in southern Africa, followed by the rest of Africa and India.