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Avient (FRA:PY9) Price-to-Tangible-Book : (As of May. 29, 2024)


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What is Avient Price-to-Tangible-Book?

As of today (2024-05-29), Avient's share price is €40.60. Avient's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €-9.33. Hence, Avient's Price to Tangible Book Ratio of today is .

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

During the past 13 years, Avient's highest Price to Tangible Book Ratio was 5.83. The lowest was 4.41. And the median was 5.12.

FRA:PY9's Price-to-Tangible-Book is not ranked *
in the Chemicals industry.
Industry Median: 1.805
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Avient's share price is €40.60. Avient's Book Value per Sharefor the quarter that ended in Mar. 2024 was €23.40. Hence, Avient's P/B Ratio of today is 1.73.


Avient Price-to-Tangible-Book Historical Data

The historical data trend for Avient'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.

Avient Price-to-Tangible-Book Chart

Avient Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
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Avient Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Avient's Price-to-Tangible-Book

For the Specialty Chemicals subindustry, Avient'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.


Avient's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Avient's Price-to-Tangible-Book distribution charts can be found below:

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



Avient Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=40.60/-9.329
=

* 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.


Avient Price-to-Tangible-Book Related Terms

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


Avient (FRA:PY9) Business Description

Traded in Other Exchanges
Address
33587 Walker Road, Avon Lake, OH, USA, 44012
Avient Corp manufactures and sells a variety of chemical and plastic-based products to designers and processors of plastics. The firm operates in three segments: Specialty Engineered Materials; Distribution; and Color, Additives, & Ink. The company's product portfolio includes concentrated color and ink blends, plastic resins, and various specialized polymer materials used in industries such as food packaging, construction, transportation, cosmetics, and healthcare. The color, additives, & ink segment and the distribution segment together generate a vast majority of revenue. More than half of the total revenue is derived from the United States.

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