Afric Industries's book value per share for the quarter that ended in Dec. 2023 was MAD150.77.
During the past 12 months, Afric Industries's average Book Value Per Share Growth Rate was -3.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -2.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 0.20% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Afric Industries was 2.90% per year. The lowest was -2.00% per year. And the median was 1.05% per year.
Afric Industries's current price is MAD324.90. Its book value per share for the quarter that ended in Dec. 2023 was MAD150.77. Hence, today's PB Ratio of Afric Industries is 2.15.
During the past 8 years, the highest P/B Ratio of Afric Industries was 2.43. The lowest was 1.69. And the median was 1.94.
Good Sign:
Afric Industries SA stock PB Ratio (=2.16) is close to 2-year low of 1.95
Afric Industries Book Value per Share Historical Data
The historical data trend for Afric Industries's Book Value per Share 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.
Competitive Comparison of Afric Industries's Book Value per Share
For the Furnishings, Fixtures & Appliances subindustry, Afric Industries's PB Ratio, along with its competitors' market caps and PB Ratio 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.
Afric Industries's PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Afric Industries's PB Ratio distribution charts can be found below:
* The bar in red indicates where Afric Industries's PB Ratio falls into.
Afric Industries Book Value per Share Calculation
Afric Industries's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:
* 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.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
Afric Industries (CAS:AFI) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
Afric Industries Book Value per Share Related Terms
Thank you for viewing the detailed overview of Afric Industries's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Afric Industries SA is engaged in the development, production and marketing of abrasive products of all shapes and contents. It is also engaged in the manufacturing and sale of tapes and adhesive and self-adhesive tapes; manufacturing, assembling, glazing, installation and marketing of all types of joinery and finished aluminum products and other materials; purchase, sale, import, export, manufacturing, processing, assembly, installation laying of all equipments, materials, tools, accessories, raw materials and spare parts.
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