As of today (2024-04-24), The Kroger Co's share price is $56.15. The Kroger Co's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was $10.83. Hence, The Kroger Co's Price to Tangible Book Ratio of today is 5.18.
The historical rank and industry rank for The Kroger Co's Price-to-Tangible-Book or its related term are showing as below:
KR'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.26 Med: 6.11 Max: 14.3
Current: 5.18
During the past 13 years, The Kroger Co's highest Price to Tangible Book Ratio was 14.30. The lowest was 4.26. And the median was 6.11.
KR's Price-to-Tangible-Book is ranked worse than 76.24% of 282
companies
in the Retail - Defensive industry
Industry Median: 2.025
vs KR: 5.18
A closely related ratio is called PB Ratio. As of today, The Kroger Co's share price is $56.15. The Kroger Co's Book Value per Sharefor the quarter that ended in Jan. 2024 was $16.13. Hence, The Kroger Co's P/B Ratio of today is 3.48.
The Kroger Co Price-to-Tangible-Book Historical Data
The historical data trend for The Kroger Co'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 The Kroger Co's Price-to-Tangible-Book
For the Grocery Stores subindustry, The Kroger Co'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.
The Kroger Co's Price-to-Tangible-Book Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, The Kroger Co's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where The Kroger Co's Price-to-Tangible-Book falls into.
The Kroger Co Price-to-Tangible-Book Calculation
The Kroger Co'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.
The Kroger Co Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of The Kroger Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
The Kroger Co (The Kroger Co) Business Description
Kroger is the leading U.S. grocer, with 2,719 supermarkets operating under several banners throughout the country at the end of fiscal 2022. Around 83% of stores have pharmacies, while nearly 60% also sell fuel. The company also operates roughly 120 fine jewelry stores. Kroger features a leading private-label offering and manufactures around 30% of its own-brand units (and more than 40% of its grocery own-label assortment) itself in 33 food production plants nationwide. Kroger is a top-two grocer in most of its major markets (as of early 2021, according to company data). Virtually all of Kroger's sales come from the United States. 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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