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The a2 Milk Co (The a2 Milk Co) Price-to-Tangible-Book : 4.22 (As of Apr. 25, 2024)


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What is The a2 Milk Co Price-to-Tangible-Book?

As of today (2024-04-25), The a2 Milk Co's share price is $3.72. The a2 Milk Co's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was $0.88. Hence, The a2 Milk Co's Price to Tangible Book Ratio of today is 4.22.

The historical rank and industry rank for The a2 Milk Co's Price-to-Tangible-Book or its related term are showing as below:

ACOPY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.37   Med: 11.22   Max: 15.34
Current: 4.48

During the past 13 years, The a2 Milk Co's highest Price to Tangible Book Ratio was 15.34. The lowest was 3.37. And the median was 11.22.

ACOPY's Price-to-Tangible-Book is ranked worse than
83.12% of 1700 companies
in the Consumer Packaged Goods industry
Industry Median: 1.67 vs ACOPY: 4.48

A closely related ratio is called PB Ratio. As of today, The a2 Milk Co's share price is $3.72. The a2 Milk Co's Book Value per Sharefor the quarter that ended in Jun. 2023 was $0.97. Hence, The a2 Milk Co's P/B Ratio of today is 3.82.


The a2 Milk Co Price-to-Tangible-Book Historical Data

The historical data trend for The a2 Milk Co'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.

The a2 Milk Co Price-to-Tangible-Book Chart

The a2 Milk Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.80 13.08 4.46 3.07 3.59

The a2 Milk Co Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Price-to-Tangible-Book Get a 7-Day Free Trial 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 4.46 4.19 3.07 4.75 3.59

Competitive Comparison of The a2 Milk Co's Price-to-Tangible-Book

For the Packaged Foods subindustry, The a2 Milk Co'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.


The a2 Milk Co's Price-to-Tangible-Book Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The a2 Milk Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where The a2 Milk Co's Price-to-Tangible-Book falls into.



The a2 Milk Co Price-to-Tangible-Book Calculation

The a2 Milk Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2023 )
=3.72/0.882
=4.22

* 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.


The a2 Milk Co Price-to-Tangible-Book Related Terms

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The a2 Milk Co (The a2 Milk Co) Business Description

Address
51 Shortland Street, P.O. Box 163, Level 10, Auckland, NTL, NZL, 1010
A2 Milk is a New Zealand licensor and marketer of fresh milk, infant formula, and other dairy products that lack the A1 beta-casein protein. The firm was founded in 2000 by Corran McLachlan, who developed a genetic test to determine which proteins a cow produces in its milk, and business partner Howard Paterson. The company has been through a tumultuous history of receivership, legal battles, and strategic shifts, but emerged in its current structure in 2006 and listed publicly in March 2013.

The a2 Milk Co (The a2 Milk Co) Headlines

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