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Able Global Bhd (XKLS:7167) Price-to-Tangible-Book : 1.52 (As of May. 25, 2024)


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What is Able Global Bhd Price-to-Tangible-Book?

As of today (2024-05-25), Able Global Bhd's share price is RM2.12. Able Global Bhd's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was RM1.40. Hence, Able Global Bhd's Price to Tangible Book Ratio of today is 1.52.

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

XKLS:7167' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.75   Med: 1.21   Max: 1.79
Current: 1.51

During the past 13 years, Able Global Bhd's highest Price to Tangible Book Ratio was 1.79. The lowest was 0.75. And the median was 1.21.

XKLS:7167's Price-to-Tangible-Book is ranked better than
55% of 1711 companies
in the Consumer Packaged Goods industry
Industry Median: 1.72 vs XKLS:7167: 1.51

A closely related ratio is called PB Ratio. As of today, Able Global Bhd's share price is RM2.12. Able Global Bhd's Book Value per Sharefor the quarter that ended in Dec. 2023 was RM1.43. Hence, Able Global Bhd's P/B Ratio of today is 1.48.


Able Global Bhd Price-to-Tangible-Book Historical Data

The historical data trend for Able Global Bhd'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.

Able Global Bhd Price-to-Tangible-Book Chart

Able Global Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.63 1.79 1.34 1.06 1.07

Able Global Bhd 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 1.06 1.02 0.96 0.95 1.07

Competitive Comparison of Able Global Bhd's Price-to-Tangible-Book

For the Packaged Foods subindustry, Able Global Bhd'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.


Able Global Bhd's Price-to-Tangible-Book Distribution in the Consumer Packaged Goods Industry

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

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



Able Global Bhd Price-to-Tangible-Book Calculation

Able Global Bhd's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=2.12/1.398
=1.52

* 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.


Able Global Bhd Price-to-Tangible-Book Related Terms

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


Able Global Bhd (XKLS:7167) Business Description

Traded in Other Exchanges
N/A
Address
PTD 124298, Jalan Kempas Lama, Kampung Seelong Jaya, Skudai, MYS, 81300
Able Global Bhd formerly Johore Tin Bhd is principally engaged in the business of investment holding and the provision of management services. The group is organized into the three main reportable segments: Investment Holding; Tin Manufacturing; and Food and Beverage. Its Investment Holding is involved in the business of investment holding and provision of management services. Tin Manufacturing is involved in the manufacturing of various tins, cans, and other containers. Food and Beverage are involved in manufacturing and selling of milk and other related dairy products. It generates maximum revenue from Food and Beverage segment. Geographically, it derives majority revenue from Malaysia and also has a presence in Africa, Central America, Europe, Malaysia, and Other Countries.

Able Global Bhd (XKLS:7167) Headlines

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