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Avex (FRA:AX8) Price-to-Tangible-Book : 1.27 (As of Dec. 11, 2024)


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What is Avex Price-to-Tangible-Book?

As of today (2024-12-11), Avex's share price is €9.25. Avex's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was €7.28. Hence, Avex's Price to Tangible Book Ratio of today is 1.27.

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

FRA:AX8' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.89   Med: 1.33   Max: 2.26
Current: 1.3

During the past 13 years, Avex's highest Price to Tangible Book Ratio was 2.26. The lowest was 0.89. And the median was 1.33.

FRA:AX8's Price-to-Tangible-Book is ranked better than
62.08% of 770 companies
in the Media - Diversified industry
Industry Median: 1.85 vs FRA:AX8: 1.30

A closely related ratio is called PB Ratio. As of today, Avex's share price is €9.25. Avex's Book Value per Sharefor the quarter that ended in Sep. 2024 was €7.71. Hence, Avex's P/B Ratio of today is 1.20.


Avex Price-to-Tangible-Book Historical Data

The historical data trend for Avex'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.

Avex Price-to-Tangible-Book Chart

Avex Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 1.07 1.09 1.18 1.06

Avex Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Price-to-Tangible-Book 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 1.17 1.16 1.06 - 1.26

Competitive Comparison of Avex's Price-to-Tangible-Book

For the Entertainment subindustry, Avex'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.


Avex's Price-to-Tangible-Book Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Avex's Price-to-Tangible-Book distribution charts can be found below:

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



Avex Price-to-Tangible-Book Calculation

Avex's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2024 )
=9.25/7.277
=1.27

* 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 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.


Avex Price-to-Tangible-Book Related Terms

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


Avex Business Description

Traded in Other Exchanges
Address
Avex Building, 3-30-3 Minami Aoyama, Minato-ku, Tokyo, JPN, 107-8577
Avex Inc is a diversified media company, which holds a number of entertainment subsidiaries. The company has four primary business segments: music, video, management and live content, and other. The music segment designs, produces, and sells music and music-related content. The video segment plans, produces, sells, and distributes video content and feature films. The management and live business segment manages artists, sells merchandise, operates fan clubs, and is involved in the production of concerts and live events. The other business segment operates schools, restaurants, and real estate. The company generates the vast majority of its revenue in Japan.

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