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adidas AG (XTER:ADS) Price-to-Tangible-Book

: 13.91 (As of Today)
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As of today (2024-04-19), adidas AG's share price is €225.90. adidas AG's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €16.24. Hence, adidas AG's Price to Tangible Book Ratio of today is 13.91.

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

XTER:ADS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.36   Med: 9.28   Max: 13.95
Current: 13.91

During the past 13 years, adidas AG's highest Price to Tangible Book Ratio was 13.95. The lowest was 4.36. And the median was 9.28.

XTER:ADS's Price-to-Tangible-Book is ranked worse than
96.06% of 989 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.31 vs XTER:ADS: 13.91

A closely related ratio is called PB Ratio. As of today, adidas AG's share price is €225.90. adidas AG's Book Value per Sharefor the quarter that ended in Dec. 2023 was €25.65. Hence, adidas AG's P/B Ratio of today is 8.81.


adidas AG Price-to-Tangible-Book Historical Data

The historical data trend for adidas AG'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 13.95 [6] => 13.69 [7] => 8.19 [8] => 6.89 [9] => 11.34 )
adidas AG Annual Data
Trend Dec14 Dec15 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 13.95 13.69 8.19 6.89 11.34

adidas AG 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 6.89 9.17 10.22 8.49 11.34

Competitive Comparison

For the Footwear & Accessories subindustry, adidas AG'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.


adidas AG Price-to-Tangible-Book Distribution

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

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



adidas AG Price-to-Tangible-Book Calculation

adidas AG's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=225.90/16.242
=13.91

* 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.


adidas AG Price-to-Tangible-Book Related Terms

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


adidas AG (XTER:ADS) Business Description

Address
Adi-Dassler-Strasse 1, Herzogenaurach, BY, DEU, 91074
Adidas designs, develops, produces, and markets athletic and leisure apparel, footwear, accessories, and sports equipment. Under its eponymous brand, it produces apparel for competitive athletics, casual activewear, and casual fashion. Adidas sells its products in more than 160 countries through nearly 2,000 owned retail stores, 15,000 mono-branded franchise stores, 150,000 wholesale doors, and owned e-commerce that is available in 65 countries. The company was founded in 1949 in Germany.
Executives
Brian Grevy Board of Directors

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