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 (2024-04-16), Amcon Distributing Co's share price is $175.49. Amcon Distributing Co's Book Value per Share for the quarter that ended in Dec. 2023 was $169.56. Hence, Amcon Distributing Co's PB Ratio of today is 1.03.
Good Sign:
Amcon Distributing Co stock PB Ratio (=1.03) is close to 2-year low of 1.01
The historical rank and industry rank for Amcon Distributing Co's PB Ratio or its related term are showing as below:
DIT'
s PB Ratio Range Over the Past 10 Years
Min: 0.47 Med: 0.92 Max: 1.51
Current: 1.03
During the past 13 years, Amcon Distributing Co's highest PB Ratio was 1.51. The lowest was 0.47. And the median was 0.92.
DIT's PB Ratio is ranked better than 68.46% of 298
companies
in the Retail - Defensive industry
Industry Median: 1.67
vs DIT: 1.03
During the past 12 months, Amcon Distributing Co's average Book Value Per Share Growth Rate was 9.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 12.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 11.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 6.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Amcon Distributing Co was 149.70% per year. The lowest was -56.70% per year. And the median was 10.30% per year.
Back to Basics: PB Ratio
Amcon Distributing Co PB Ratio Historical Data
The historical data trend for Amcon Distributing 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.
Amcon Distributing Co Annual Data
Trend
Sep14
Sep15
Sep16
Sep17
Sep18
Sep19
Sep20
Sep21
Sep22
Sep23
PB Ratio
0.69
0.54
1.06
1.32
1.20
Amcon Distributing Co Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
PB Ratio
1.17
1.05
1.22
1.20
1.15
Competitive Comparison
For the Food Distribution subindustry, Amcon Distributing 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.
Amcon Distributing Co PB Ratio Distribution
For the Retail - Defensive industry and Consumer Defensive sector, Amcon Distributing Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Amcon Distributing Co's PB Ratio falls into.
Amcon Distributing 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.
Amcon Distributing Co's PB Ratio for today is calculated as follows:
* 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.
Amcon Distributing Co (AMEX:DIT) PB Ratio Explanation
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.
Amcon Distributing Co PB Ratio Related Terms
Thank you for viewing the detailed overview of Amcon Distributing Co's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Amcon Distributing Co (Amcon Distributing Co) Business Description
Amcon Distributing Co is engaged in the wholesale and retail distribution of consumer products such as cigarettes, tobacco, confectionery, health food, and others. It operates in two segments: Wholesale distribution segment distributing consumer products to the retail outlets including convenience stores, grocery stores, liquor stores, drug stores, and tobacco shops in the Central, Rocky Mountain, and Southern regions of the United States; and the Retail health food segment is a specialty retailer of natural/organic groceries and dietary supplements throughout the Midwest and Florida. The company earns a majority of the revenue from the Wholesale distribution segment.
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