Avalon Advanced Materials (TSX:AVL) Price-to-Tangible-Book

Avalon Advanced Materials Annual Data
	Trend	Aug12	Aug13	Aug14	Aug15	Aug16	Aug17	Aug18	Aug19	Aug20	Aug21
Price-to-Tangible-Book							0.24	0.16	0.13	0.20	0.37

Avalon Advanced Materials Quarterly Data
	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Nov22	Feb23	May23	Nov23
Price-to-Tangible-Book																0.43	0.42	0.49	0.47	0.45

For the Other Industrial Metals & Mining subindustry, Avalon Advanced Materials'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.

For the Metals & Mining industry and Basic Materials sector, Avalon Advanced Materials's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Avalon Advanced Materials's Price-to-Tangible-Book falls into.

Avalon Advanced Materials Price-to-Tangible-Book Calculation

Avalon Advanced Materials'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.

Avalon Advanced Materials Price-to-Tangible-Book Related Terms

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Avalon Advanced Materials (TSX:AVL) Business Description