Astral Foods (JSE:ARL) Price-to-Tangible-Book : 1.46 (As of Jun. 25, 2024)

View and export this data going back to 2001. Start your Free Trial

What is Astral Foods Price-to-Tangible-Book?

As of today (2024-06-25), Astral Foods's share price is R160.00. Astral Foods's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was R109.78. Hence, Astral Foods's Price to Tangible Book Ratio of today is 1.46.

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

JSE:ARL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.29 Med: 1.87 Max: 3.74
Current: 1.46

During the past 13 years, Astral Foods's highest Price to Tangible Book Ratio was 3.74. The lowest was 1.29. And the median was 1.87.

JSE:ARL's Price-to-Tangible-Book is ranked better than
55.7% of 1718 companies
in the Consumer Packaged Goods industry
Industry Median: 1.66 vs JSE:ARL: 1.46

A closely related ratio is called PB Ratio. As of today, Astral Foods's share price is R160.00. Astral Foods's Book Value per Sharefor the quarter that ended in Mar. 2024 was R113.93. Hence, Astral Foods's P/B Ratio of today is 1.40.

Astral Foods Price-to-Tangible-Book Historical Data

The historical data trend for Astral Foods'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.

Astral Foods Price-to-Tangible-Book Chart

Astral Foods Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.59

1.30

1.72

1.60

1.37

Astral Foods Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.36	1.60	1.38	1.37	1.29

Competitive Comparison of Astral Foods's Price-to-Tangible-Book

For the Farm Products subindustry, Astral Foods'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.

Astral Foods's Price-to-Tangible-Book Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Astral Foods's Price-to-Tangible-Book distribution charts can be found below:

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

Astral Foods Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	160.00	/	109.778
	=	1.46

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.

Astral Foods Price-to-Tangible-Book Related Terms

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

Astral Foods (JSE:ARL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Astral Foods Ltd (JSE:ARL) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

A9U:Germany

Address

13 Thunderbolt Lane,, Lanseria Corporate Estate, Lanseria Ext 26, Lanseria, GT, ZAF, 1748

Website

https://www.astralfoods.com

Astral Foods Ltd is an integrated poultry producer operating under several brands. It supplies different poultry needs in Africa. The activities are divided into two operating segments. The poultry segment comprises the sale of poultry-related products for human consumption as well as day-old broilers, hatching eggs and day-old parent stock. The Feed segment comprises the sale of a wide range of specialized feed products for commercially farmed animal species. The majority of revenue is generated from the poultry segment. The company has multiple processing facilities to get the poultry to ready-to-eat form and manufacture vitamin and mineral feed additives.