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Ingles Markets (FRA:IN3A) Price-to-Tangible-Book : 0.93 (As of May. 06, 2024)


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What is Ingles Markets Price-to-Tangible-Book?

As of today (2024-05-06), Ingles Markets's share price is €67.00. Ingles Markets's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €72.20. Hence, Ingles Markets's Price to Tangible Book Ratio of today is 0.93.

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

FRA:IN3A' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.89   Med: 1.28   Max: 2.47
Current: 0.92

During the past 13 years, Ingles Markets's highest Price to Tangible Book Ratio was 2.47. The lowest was 0.89. And the median was 1.28.

FRA:IN3A's Price-to-Tangible-Book is ranked better than
76.16% of 281 companies
in the Retail - Defensive industry
Industry Median: 2.08 vs FRA:IN3A: 0.92

A closely related ratio is called PB Ratio. As of today, Ingles Markets's share price is €67.00. Ingles Markets's Book Value per Sharefor the quarter that ended in Dec. 2023 was €72.20. Hence, Ingles Markets's P/B Ratio of today is 0.93.


Ingles Markets Price-to-Tangible-Book Historical Data

The historical data trend for Ingles Markets'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.

Ingles Markets Price-to-Tangible-Book Chart

Ingles Markets Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.19 0.94 1.28 1.27 0.98

Ingles Markets Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.38 1.20 1.11 0.98 1.07

Competitive Comparison of Ingles Markets's Price-to-Tangible-Book

For the Grocery Stores subindustry, Ingles Markets'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.


Ingles Markets's Price-to-Tangible-Book Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Ingles Markets's Price-to-Tangible-Book distribution charts can be found below:

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



Ingles Markets Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=67.00/72.197
=0.93

* 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.


Ingles Markets Price-to-Tangible-Book Related Terms

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


Ingles Markets (FRA:IN3A) Business Description

Traded in Other Exchanges
Address
2913 U.S. Highway 70 West, Black Mountain, NC, USA, 28711
Ingles Markets Inc is a U.S.-based company that is principally engaged in operating a supermarket chain. The company operates the business in the southeast United States, mainly in Georgia, North Carolina, South Carolina, and Tennessee, with a few stores in Virginia and Alabama as well. The company locates its stores majorly in suburban areas, small towns, and neighborhood areas. It offers a broad range of goods, including food products, pharmacies, health and beauty care products, and general merchandise. The retail business contributes the majority of the company's revenue. The company's real estate ownership of a material portion of total stores enables it to generate rental income.

Ingles Markets (FRA:IN3A) Headlines

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