African Media Entertainment (JSE:AME) Price-to-Tangible-Book : 1.24 (As of May. 25, 2024)

View and export this data going back to 1997. Start your Free Trial

What is African Media Entertainment Price-to-Tangible-Book?

As of today (2024-05-25), African Media Entertainment's share price is R36.00. African Media Entertainment's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was R29.00. Hence, African Media Entertainment's Price to Tangible Book Ratio of today is 1.24.

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

JSE:AME' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.81 Med: 1.99 Max: 5.18
Current: 1.24

During the past 13 years, African Media Entertainment's highest Price to Tangible Book Ratio was 5.18. The lowest was 0.81. And the median was 1.99.

JSE:AME's Price-to-Tangible-Book is ranked better than
65.43% of 781 companies
in the Media - Diversified industry
Industry Median: 1.88 vs JSE:AME: 1.24

A closely related ratio is called PB Ratio. As of today, African Media Entertainment's share price is R36.00. African Media Entertainment's Book Value per Sharefor the quarter that ended in Sep. 2023 was R34.33. Hence, African Media Entertainment's P/B Ratio of today is 1.05.

African Media Entertainment Price-to-Tangible-Book Historical Data

The historical data trend for African Media Entertainment'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.

African Media Entertainment Price-to-Tangible-Book Chart

African Media Entertainment Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.51

0.81

0.86

1.69

1.08

African Media Entertainment Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.04	1.69	1.30	1.08	1.10

Competitive Comparison of African Media Entertainment's Price-to-Tangible-Book

For the Broadcasting subindustry, African Media Entertainment'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.

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

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

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

African Media Entertainment Price-to-Tangible-Book Calculation

African Media Entertainment's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	36.00	/	29.003
	=	1.24

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.

African Media Entertainment Price-to-Tangible-Book Related Terms

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

African Media Entertainment (JSE:AME) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » African Media Entertainment Ltd (JSE:AME) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5, 8th Street, Block A, Oxford Office Park, Houghton Estate, Johannesburg, GT, ZAF, 2198

Website

http://www.ame.co.za

African Media Entertainment Ltd is involved in providing broadcasting services in South Africa. The company's operating segment includes Radio broadcasters; Media Services and Corporate. It generates maximum revenue from the Radio broadcasters segment.