Astral Foods (JSE:ARL) PB Ratio : 1.35 (As of Jun. 17, 2024)

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What is Astral Foods PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-06-17), Astral Foods's share price is R153.89. Astral Foods's Book Value per Share for the quarter that ended in Mar. 2024 was R113.93. Hence, Astral Foods's PB Ratio of today is 1.35.

The historical rank and industry rank for Astral Foods's PB Ratio or its related term are showing as below:

JSE:ARL' s PB Ratio Range Over the Past 10 Years
Min: 1.09 Med: 1.92 Max: 4.12
Current: 1.35

During the past 13 years, Astral Foods's highest PB Ratio was 4.12. The lowest was 1.09. And the median was 1.92.

JSE:ARL's PB Ratio is ranked better than
54.89% of 1820 companies
in the Consumer Packaged Goods industry
Industry Median: 1.52 vs JSE:ARL: 1.35

During the past 12 months, Astral Foods's average Book Value Per Share Growth Rate was -4.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 10.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Astral Foods was 29.50% per year. The lowest was -0.50% per year. And the median was 11.40% per year.

Back to Basics: PB Ratio

Astral Foods PB Ratio Historical Data

The historical data trend for Astral Foods's PB Ratio 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.

Astral Foods PB Ratio Chart

Astral Foods Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

PB Ratio

Get a 7-Day Free Trial

1.51

1.24

1.64

1.55

1.31

Astral Foods Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
PB Ratio	Get a 7-Day Free Trial															1.31	1.55	1.33	1.31	1.24

Competitive Comparison of Astral Foods's PB Ratio

For the Farm Products subindustry, Astral Foods's PB Ratio, along with its competitors' market caps and PB Ratio 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.

Astral Foods's PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Astral Foods's PB Ratio distribution charts can be found below:

* The bar in red indicates where Astral Foods's PB Ratio falls into.

Astral Foods PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Astral Foods's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	153.89	/	113.929
	=	1.35

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Astral Foods (JSE:ARL) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Astral Foods PB Ratio Related Terms

Thank you for viewing the detailed overview of Astral Foods's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Astral Foods (JSE:ARL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Astral Foods Ltd (JSE:ARL) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

A9U:Germany

Address

13 Thunderbolt Lane,, Lanseria Corporate Estate, Lanseria Ext 26, Lanseria, GT, ZAF, 1748

Website

https://www.astralfoods.com

Astral Foods Ltd is an integrated poultry producer operating under several brands. It supplies different poultry needs in Africa. The activities are divided into two operating segments. The poultry segment comprises the sale of poultry-related products for human consumption as well as day-old broilers, hatching eggs and day-old parent stock. The Feed segment comprises the sale of a wide range of specialized feed products for commercially farmed animal species. The majority of revenue is generated from the poultry segment. The company has multiple processing facilities to get the poultry to ready-to-eat form and manufacture vitamin and mineral feed additives.