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Gildan Activewear (Gildan Activewear) Price-to-Tangible-Book

: 4.23 (As of Today)
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As of today (2024-04-19), Gildan Activewear's share price is $35.405. Gildan Activewear's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $8.38. Hence, Gildan Activewear's Price to Tangible Book Ratio of today is 4.23.

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

GIL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.55   Med: 4.68   Max: 6.06
Current: 4.34

During the past 13 years, Gildan Activewear's highest Price to Tangible Book Ratio was 6.06. The lowest was 3.55. And the median was 4.68.

GIL's Price-to-Tangible-Book is ranked worse than
86.65% of 989 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.31 vs GIL: 4.34

A closely related ratio is called PB Ratio. As of today, Gildan Activewear's share price is $35.405. Gildan Activewear's Book Value per Sharefor the quarter that ended in Dec. 2023 was $11.52. Hence, Gildan Activewear's P/B Ratio of today is 3.07.


Gildan Activewear Price-to-Tangible-Book Historical Data

The historical data trend for Gildan Activewear'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.

Gildan Activewear Annual Data
Trend Sep14 Sep15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.81 5.23 6.13 3.57 3.95

Gildan Activewear 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 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 3.57 4.26 3.89 3.25 3.95

Competitive Comparison

For the Apparel Manufacturing subindustry, Gildan Activewear'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.


Gildan Activewear Price-to-Tangible-Book Distribution

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gildan Activewear's Price-to-Tangible-Book distribution charts can be found below:

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



Gildan Activewear Price-to-Tangible-Book Calculation

Gildan Activewear's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=35.405/8.379
=4.23

* 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.


Gildan Activewear Price-to-Tangible-Book Related Terms

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


Gildan Activewear (Gildan Activewear) Business Description

Traded in Other Exchanges
Address
600 de Maisonneuve Boulevard West, 33rd Floor, Suite 330, Montreal, QC, CAN, H3A 3J2
Gildan is a vertically integrated designer and manufacturer of basic apparel, including T-shirts, underwear, socks, and hosiery. Its primary market is the sale of blank T-shirts, sweatshirts, and other apparel to wholesalers, major clothing brands, and printers (printwear). Gildan also sells branded clothing through retail and direct-to-consumer channels. Brands include Gildan, American Apparel, Comfort Colors, and Gold Toe. Gildan produces most of its clothing at factories in Latin America and recently began operating a new plant in Bangladesh. Incorporated in 1984, the Montreal-based company operates internationally but generates nearly 90% of its sales in the U.S.