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Tanmiah Food Co (SAU:2281) PB Ratio : 3.76 (As of Jun. 14, 2024)


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What is Tanmiah Food Co 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 (2024-06-14), Tanmiah Food Co's share price is ﷼120.20. Tanmiah Food Co's Book Value per Share for the quarter that ended in Mar. 2024 was ﷼31.99. Hence, Tanmiah Food Co's PB Ratio of today is 3.76.

The historical rank and industry rank for Tanmiah Food Co's PB Ratio or its related term are showing as below:

SAU:2281' s PB Ratio Range Over the Past 10 Years
Min: 2.81   Med: 4.2   Max: 6.41
Current: 3.76

During the past 4 years, Tanmiah Food Co's highest PB Ratio was 6.41. The lowest was 2.81. And the median was 4.20.

SAU:2281's PB Ratio is ranked worse than
83.27% of 1811 companies
in the Consumer Packaged Goods industry
Industry Median: 1.51 vs SAU:2281: 3.76

During the past 12 months, Tanmiah Food Co's average Book Value Per Share Growth Rate was 0.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 21.20% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Tanmiah Food Co was 21.20% per year. The lowest was 21.20% per year. And the median was 21.20% per year.

Back to Basics: PB Ratio


Tanmiah Food Co PB Ratio Historical Data

The historical data trend for Tanmiah Food Co'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.

Tanmiah Food Co PB Ratio Chart

Tanmiah Food Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
PB Ratio
- 4.61 4.27 3.33

Tanmiah Food Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.05 4.37 3.15 3.33 4.41

Competitive Comparison of Tanmiah Food Co's PB Ratio

For the Packaged Foods subindustry, Tanmiah Food Co'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.


Tanmiah Food Co's PB Ratio Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Tanmiah Food Co's PB Ratio falls into.



Tanmiah Food Co 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.

Tanmiah Food Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=120.20/31.989
=3.76

* 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 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.


Tanmiah Food Co  (SAU:2281) 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.


Tanmiah Food Co PB Ratio Related Terms

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


Tanmiah Food Co (SAU:2281) Business Description

Traded in Other Exchanges
N/A
Address
Omar bin Abdulaziz Road, P.O. Box: 86909, Al-Rabwa District, Riyadh, SAU, 11632
Tanmiah Food Co produces and markets ready-to-cook, ready-to-eat, and bespoke poultry, turkey, and beef products. Business is engaged in Food and Agriculture and the Construction of poultry farms. The Food and Agriculture business includes manufacturing, wholesale, and retail trading in foodstuff, and preparation of animal and poultry feeds for commercial purposes. It also undertakes the construction of poultry farms, retail and wholesale trading in poultry equipment, and restaurant outlets with related services. Geographically it operates in the Kingdom of Saudi Arabia, the Kingdom of Bahrain, UAE, and other GCC countries out of which it earns key revenue from domestic sales.

Tanmiah Food Co (SAU:2281) Headlines

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