PRO-PAC Packaging (ASX:PPG) Price-to-Tangible-Book : 0.35 (As of May. 08, 2024)

View and export this data going back to 2005. Start your Free Trial

What is PRO-PAC Packaging Price-to-Tangible-Book?

As of today (2024-05-08), PRO-PAC Packaging's share price is A$0.185. PRO-PAC Packaging's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.52. Hence, PRO-PAC Packaging's Price to Tangible Book Ratio of today is 0.35.

The historical rank and industry rank for PRO-PAC Packaging's Price-to-Tangible-Book or its related term are showing as below:

ASX:PPG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.35 Med: 2.18 Max: 9.98
Current: 0.36

During the past 13 years, PRO-PAC Packaging's highest Price to Tangible Book Ratio was 9.98. The lowest was 0.35. And the median was 2.18.

ASX:PPG's Price-to-Tangible-Book is ranked better than
92.18% of 358 companies
in the Packaging & Containers industry
Industry Median: 1.395 vs ASX:PPG: 0.36

A closely related ratio is called PB Ratio. As of today, PRO-PAC Packaging's share price is A$0.185. PRO-PAC Packaging's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.70. Hence, PRO-PAC Packaging's P/B Ratio of today is 0.26.

PRO-PAC Packaging Price-to-Tangible-Book Historical Data

The historical data trend for PRO-PAC Packaging'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.

PRO-PAC Packaging Price-to-Tangible-Book Chart

PRO-PAC Packaging Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.35

1.99

2.19

0.45

0.37

PRO-PAC Packaging Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.67	0.45	0.55	0.37	0.55

Competitive Comparison of PRO-PAC Packaging's Price-to-Tangible-Book

For the Packaging & Containers subindustry, PRO-PAC Packaging'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.

PRO-PAC Packaging's Price-to-Tangible-Book Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, PRO-PAC Packaging's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where PRO-PAC Packaging's Price-to-Tangible-Book falls into.

PRO-PAC Packaging Price-to-Tangible-Book Calculation

PRO-PAC Packaging's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.185	/	0.522
	=	0.35

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.

PRO-PAC Packaging Price-to-Tangible-Book Related Terms

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

PRO-PAC Packaging (ASX:PPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » PRO-PAC Packaging Ltd (ASX:PPG) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

83-85 Banbury Road, Reservoir, Melbourne, VIC, AUS, 3073

Website

https://www.ppgaust.com.au

PRO-PAC Packaging Ltd is engaged in the manufacture and distribution of flexible, industrial, and rigid packaging products. The company's operating segment includes Flexibles; Distribution and Unallocated. It generates maximum revenue from the Flexibles segment. The Flexibles packaging segment manufactures flexible packaging materials incorporating products such as stretch and shrink wrap, agricultural silage packaging, fresh produce bags, barrier and lidding films, and industrial protective films. Geographically, it derives a majority of its revenue from Australia and also has a presence in New Zealand.