Ava Risk Group (ASX:AVA) Price-to-Tangible-Book : 1.79 (As of Sep. 25, 2024)

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What is Ava Risk Group Price-to-Tangible-Book?

As of today (2024-09-25), Ava Risk Group's share price is A$0.093. Ava Risk Group's Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was A$0.05. Hence, Ava Risk Group's Price to Tangible Book Ratio of today is 1.79.

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

ASX:AVA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.23 Med: 2.66 Max: 4.69
Current: 1.86

During the past 10 years, Ava Risk Group's highest Price to Tangible Book Ratio was 4.69. The lowest was 1.23. And the median was 2.66.

ASX:AVA's Price-to-Tangible-Book is ranked better than
53.02% of 877 companies
in the Business Services industry
Industry Median: 2.06 vs ASX:AVA: 1.86

A closely related ratio is called PB Ratio. As of today, Ava Risk Group's share price is A$0.093. Ava Risk Group's Book Value per Sharefor the quarter that ended in Jun. 2024 was A$0.10. Hence, Ava Risk Group's P/B Ratio of today is 0.96.

Ava Risk Group Price-to-Tangible-Book Historical Data

The historical data trend for Ava Risk Group'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.

Ava Risk Group Price-to-Tangible-Book Chart

Ava Risk Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Price-to-Tangible-Book

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2.72

4.32

2.20

3.28

2.02

Ava Risk Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Price-to-Tangible-Book	Get a 7-Day Free Trial														2.20	3.69	3.28	3.37	2.02

Competitive Comparison of Ava Risk Group's Price-to-Tangible-Book

For the Security & Protection Services subindustry, Ava Risk Group'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.

Ava Risk Group's Price-to-Tangible-Book Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ava Risk Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Ava Risk Group's Price-to-Tangible-Book falls into.

Ava Risk Group Price-to-Tangible-Book Calculation

Ava Risk Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2024 )
	=	0.093	/	0.052
	=	1.79

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Ava Risk Group Price-to-Tangible-Book Related Terms

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

Ava Risk Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ava Risk Group Ltd (ASX:AVA) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Hartnett Close, Mulgrave, VIC, AUS, 3170

Website

https://www.theavagroup.com

Ava Risk Group Ltd is engaged in risk management services and technologies. The Group operates in Detect, Access, and Illuminate, which are its reportable segments. The group provides a range of complementary solutions such as intrusion detection and location for perimeters, pipelines and data networks, biometric and card access control as well to provide secure international logistics of high-risk valuables, precious metals & currency. Its geographical areas include Australia, Asia Pacific, India, Middle East & North Africa, Europe, the United States, and the Rest of the world.