As of today (2024-04-27), Albertsons's share price is $20.13. Albertsons's Tangible Book per Share of Feb. 2024 for the quarter that ended in Feb. 2024 was $-1.54. Hence, Albertsons's Price to Tangible Book Ratio of today is .
The historical rank and industry rank for Albertsons's Price-to-Tangible-Book or its related term are showing as below:
ACI's Price-to-Tangible-Book is not ranked *
in the Retail - Defensive industry.
Industry Median: 2.045 * Ranked among companies with meaningful Price-to-Tangible-Book only.
The historical data trend for Albertsons'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.
Competitive Comparison of Albertsons's Price-to-Tangible-Book
For the Grocery Stores subindustry, Albertsons'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.
Albertsons's Price-to-Tangible-Book Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Albertsons's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Albertsons's Price-to-Tangible-Book falls into.
Albertsons Price-to-Tangible-Book Calculation
Albertsons's price-to-tangible-book ratio for today 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.
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.
Albertsons Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Albertsons's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Albertsons is the second-largest conventional grocer in America, operating 2,271 stores under 24 banners in 34 states (as of the end of fiscal 2022). Around 75% of stores have pharmacies, while nearly 20% also sell fuel. Albertsons has a significant private-label operation, accounting for around 25% of sales (excluding fuel). While its own brand assortment is mainly manufactured by third parties, Albertsons operates 19 food production plants (as of the end of fiscal 2022). Albertsons is a top two grocer in two thirds of its major markets (as of early 2022, according to company data), and virtually all of its sales come from the United States. Narrow-moat Kroger has offered to acquire Albertsons in a $25 billion deal; if the transaction is approved by regulators, it should close in 2024.
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