Coles Group (ASX:COL) Price-to-Tangible-Book : 15.18 (As of Apr. 26, 2024)

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What is Coles Group Price-to-Tangible-Book?

As of today (2024-04-26), Coles Group's share price is A$16.42. Coles Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$1.08. Hence, Coles Group's Price to Tangible Book Ratio of today is 15.18.

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

ASX:COL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 9.8 Med: 18.81 Max: 22.5
Current: 15.2

During the past 6 years, Coles Group's highest Price to Tangible Book Ratio was 22.50. The lowest was 9.80. And the median was 18.81.

ASX:COL's Price-to-Tangible-Book is ranked worse than
94.33% of 282 companies
in the Retail - Defensive industry
Industry Median: 2.045 vs ASX:COL: 15.20

A closely related ratio is called PB Ratio. As of today, Coles Group's share price is A$16.42. Coles Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$2.65. Hence, Coles Group's P/B Ratio of today is 6.19.

Coles Group Price-to-Tangible-Book Historical Data

The historical data trend for Coles Group'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.

Coles Group Price-to-Tangible-Book Chart

Coles Group Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

Get a 7-Day Free Trial

9.80

22.50

20.44

18.81

18.59

Coles Group Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial						19.91	18.81	15.00	18.59	14.89

Competitive Comparison of Coles Group's Price-to-Tangible-Book

For the Grocery Stores subindustry, Coles Group'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.

Coles Group's Price-to-Tangible-Book Distribution in the Retail - Defensive Industry

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

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

Coles Group Price-to-Tangible-Book Calculation

Coles Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	16.42	/	1.082
	=	15.18

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.

Coles Group Price-to-Tangible-Book Related Terms

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

Coles Group (ASX:COL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Coles Group Ltd (ASX:COL) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

CLEGF:USA 2OF:Germany

Address

800-838 Toorak Road, Hawthorn East, Melbourne, VIC, AUS, 3123

Website

https://www.colesgroup.com.au

Coles Group Limited is one of Australia's largest retailers, operating the second-largest supermarket chain behind market leader Woolworths, and is the country's third-largest liquor retailer. The group has an extensive store network of about 2,500 store outlets and roughly 80% of Australian live within a 10-minute drive from their nearest Coles store. The retailer employs some 110,000 people, who process over 20 million individual customer transactions a week. This compares with Woolworths processing almost 30 million customer transactions per week from Australia's population of 25 million.