Australian Agricultural Projects (ASX:AAP) PB Ratio: 1.44 (As of Jun. 26, 2026) — 85% Above Median


What is Australian Agricultural Projects PB Ratio?

Australian Agricultural Projects ASX:AAP +1.82% PB Ratio is 1.44 as of Jun. 26, 2026, which is 85% above its 10-year median of 0.78. The stock has 5 warning signs investors should review. Among 1,896 Consumer Packaged Goods companies, Australian Agricultural Projects ranks worse than 52.32% on this metric.

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 (2026-06-26), Australian Agricultural Projects's share price is A$0.056. Australian Agricultural Projects's Book Value per Share for the quarter that ended in Dec. 2025 was A$0.04. Hence, Australian Agricultural Projects's PB Ratio of today is 1.44.

Warning Sign:

Australian Agricultural Projects Ltd stock PB Ratio (=1.41) is close to 10-year high of 1.45.

The historical rank and industry rank for Australian Agricultural Projects's PB Ratio or its related term are showing as below:

ASX:AAP' s PB Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.78   Max: 1.45
Current: 1.44

During the past 13 years, Australian Agricultural Projects's highest PB Ratio was 1.45. The lowest was 0.26. And the median was 0.78.

ASX:AAP's PB Ratio is ranked worse than
52.32% of 1896 companies
in the Consumer Packaged Goods industry
Industry Median: 1.33 vs ASX:AAP: 1.44

During the past 12 months, Australian Agricultural Projects's average Book Value Per Share Growth Rate was 5.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 15.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Australian Agricultural Projects was 92.60% per year. The lowest was -26.80% per year. And the median was 2.75% per year.

Back to Basics: PB Ratio


Australian Agricultural Projects  (ASX:AAP) 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.


Australian Agricultural Projects PB Ratio Related Terms


Australian Agricultural Projects PB Ratio Historical Data

* Premium members only.

The historical data trend for Australian Agricultural Projects'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.

Australian Agricultural Projects PB Ratio Chart

Australian Agricultural Projects Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.89 0.38 0.77 1.07

Australian Agricultural Projects Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.70 0.77 1.16 1.07 1.28

ASX:AAP vs ADM, BG, TSN: PB Ratio Comparison

For the Farm Products subindustry, Australian Agricultural Projects'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.


Australian Agricultural Projects PB Ratio vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Australian Agricultural Projects's PB Ratio falls into.



Australian Agricultural Projects 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.

Australian Agricultural Projects's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.056/0.039
=1.44

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.44 mean?
Australian Agricultural Projects (ASX:AAP) has a PB Ratio of 1.44 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Australian Agricultural Projects and its competitors. This is 85% above median its historical median of 0.78. Over the past decade, Australian Agricultural Projects' PB Ratio has ranged from 0.26 to 1.45. According to the industry distribution chart, Australian Agricultural Projects ranks #992 out of 1896 companies in the Consumer Packaged Goods industry, placing it in the top 52.3%.
Is Australian Agricultural Projects' PB Ratio too high?
Australian Agricultural Projects' current PB Ratio of 1.44 is 85% above median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 1.45. The Consumer Packaged Goods industry median PB Ratio is 1.33. Australian Agricultural Projects' value of 1.44 is 8.3% above this industry median. Based on the distribution chart, Australian Agricultural Projects ranks #992 out of 1896 companies in the Consumer Packaged Goods industry, which is below the industry midpoint.
How does Australian Agricultural Projects' PB Ratio compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Australian Agricultural Projects ranks #992 out of 1896 companies for PB Ratio. This places Australian Agricultural Projects in the lower half of its industry. The industry median PB Ratio is 1.33. Australian Agricultural Projects' value of 1.44 is 8.3% above this benchmark. Historically, Australian Agricultural Projects' own PB Ratio has ranged from 0.26 to 1.45 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 1.33, Australian Agricultural Projects has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Consumer Packaged Goods company?
The median PB Ratio among Consumer Packaged Goods companies is 1.33, based on 1,896 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Australian Agricultural Projects's current PB Ratio of 1.44 is 8.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Australian Agricultural Projects and its competitors. For the Consumer Packaged Goods industry, the median PB Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Australian Agricultural Projects's current PB Ratio is 1.44, which is 85% above median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Australian Agricultural Projects stock overvalued right now?
Based on GuruFocus' analysis, Australian Agricultural Projects (ASX:AAP) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.03, compared to a current price of A$0.06 — trading 86.7% above its estimated fair value. The current PB Ratio is 1.44, which is 85% above median its 10-year median of 0.78 and 8.3% above the Consumer Packaged Goods industry median of 1.33. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Australian Agricultural Projects (ASX:AAP), the current PB Ratio is 1.44 as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Australian Agricultural Projects Business Description

Address 456 St Kilda Road, Suite 19, Melbourne, VIC, AUS, 3004
Australian Agricultural Projects Ltd is an Australian company specializing in managing olive groves and investment schemes in Boort, Victoria. The company oversees projects including the Victorian Olive Oil Project, Victorian Olive Oil Project II, and a corporate project operated by Peppercorn Estate Limited. The orchards, situated near Boort in the Mallee region, benefit from a Mediterranean-like climate ideal for olive cultivation. Established during a period of expansion in Australian olive plantings, the company applies modern horticultural practices to produce high-quality olives. The company has also developed brands and a supply agreement with Boundary Bend Limited, linking product value to farm gate prices based on retail sales.