As of today (2024-05-26), AdvanSix's share price is $23.04. AdvanSix's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $22.81. Hence, AdvanSix's Price to Tangible Book Ratio of today is 1.01.
The historical rank and industry rank for AdvanSix's Price-to-Tangible-Book or its related term are showing as below:
ASIX'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.68 Med: 1.69 Max: 4.2
Current: 1.01
During the past 11 years, AdvanSix's highest Price to Tangible Book Ratio was 4.20. The lowest was 0.68. And the median was 1.69.
ASIX's Price-to-Tangible-Book is ranked better than 76.03% of 1485
companies
in the Chemicals industry
Industry Median: 1.8
vs ASIX: 1.01
A closely related ratio is called PB Ratio. As of today, AdvanSix's share price is $23.04. AdvanSix's Book Value per Sharefor the quarter that ended in Mar. 2024 was $26.60. Hence, AdvanSix's P/B Ratio of today is 0.87.
AdvanSix Price-to-Tangible-Book Historical Data
The historical data trend for AdvanSix'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.
Competitive Comparison of AdvanSix's Price-to-Tangible-Book
For the Chemicals subindustry, AdvanSix'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.
AdvanSix's Price-to-Tangible-Book Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, AdvanSix's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where AdvanSix's Price-to-Tangible-Book falls into.
AdvanSix Price-to-Tangible-Book Calculation
AdvanSix'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.
AdvanSix Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of AdvanSix's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
AdvanSix Inc. is an integrated manufacturer of Nylon 6, a polymer resin and fertilizers. Nylon 6 is a synthetic material used by customers to produce engineered plastics, fibers, filaments, and films, which in turn are used in such end-products as automotive and electronic components, carpets, sports apparel, fishing nets and food and industrial packaging. In addition, it also sells a variety of other products, all of which are produced as part of the Nylon 6 resin manufacturing process including caprolactam, ammonium sulfate fertilizers, and other chemical intermediates. Geographically, the group operates through the United States and its business is also expanding internationally but it derives the majority of its revenue from the United States region.
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