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Hormel Foods Price-to-Tangible-Book

: 9.39 (As of Today)
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As of today (2019-10-20), Hormel Foods's share price is $40.81. Hormel Foods's Tangible Book per Share of Jul. 2019 for the quarter that ended in Jul. 2019 was $4.34. Hence, Hormel Foods's Price to Tangible Book Ratio of today is 9.39.

NYSE:HRL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.04   Max: 15.48
Current: 9.39

1.04
15.48

During the past 13 years, Hormel Foods's highest Price to Tangible Book Ratio was 15.48. The lowest was 1.04. And the median was 3.85.

NYSE:HRL's Price-to-Tangible-Book is ranked lower than
93% of the 1434 Companies
in the Consumer Packaged Goods industry.

( Industry Median: 1.53 vs. NYSE:HRL: 9.39 )

A closely related ratio is called PB Ratio. As of today, Hormel Foods's share price is $40.81. Hormel Foods's Book Value per Sharefor the quarter that ended in Jul. 2019 was $10.83. Hence, Hormel Foods's P/B Ratio of today is 3.77.


Hormel Foods Price-to-Tangible-Book Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Hormel Foods Annual Data
Oct09 Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18
Price-to-Tangible-Book Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.80 12.13 11.93 9.21 13.78

Hormel Foods Quarterly Data
Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19
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 13.41 13.78 12.67 9.01 9.44

Competitive Comparison
* 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.


Hormel Foods Price-to-Tangible-Book Distribution

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



Hormel Foods Price-to-Tangible-Book Calculation

Hormel Foods's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jul. 2019 )
=40.81/4.344
=9.39

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.


Hormel Foods Price-to-Tangible-Book Related Terms


Hormel Foods Price-to-Tangible-Book Headlines

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