AVADA Group (ASX:AVD) Price-to-Tangible-Book : (As of Jun. 06, 2024)

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What is AVADA Group Price-to-Tangible-Book?

As of today (2024-06-06), AVADA Group's share price is A$0.60. AVADA Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$-0.12. Hence, AVADA Group's Price to Tangible Book Ratio of today is .

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

During the past 3 years, AVADA Group's highest Price to Tangible Book Ratio was 7.16. The lowest was 7.16. And the median was 7.16.

ASX:AVD's Price-to-Tangible-Book is not ranked ^*
in the Construction industry.
Industry Median: 1.3
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, AVADA Group's share price is A$0.60. AVADA Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.67. Hence, AVADA Group's P/B Ratio of today is 0.89.

AVADA Group Price-to-Tangible-Book Historical Data

The historical data trend for AVADA Group'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.

AVADA Group Price-to-Tangible-Book Chart

AVADA Group Annual Data

Trend

Jun21

Jun22

Jun23

Price-to-Tangible-Book

7.16

AVADA Group Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	-	7.16	-	-	-

Competitive Comparison of AVADA Group's Price-to-Tangible-Book

For the Infrastructure Operations subindustry, AVADA Group'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.

AVADA Group's Price-to-Tangible-Book Distribution in the Construction Industry

For the Construction industry and Industrials sector, AVADA Group's Price-to-Tangible-Book distribution charts can be found below:

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

AVADA Group Price-to-Tangible-Book Calculation

AVADA Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.60	/	-0.115
	=

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.

AVADA Group Price-to-Tangible-Book Related Terms

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

AVADA Group (ASX:AVD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » AVADA Group Ltd (ASX:AVD) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

116 Ipswich Road, Suite 1, Level 2, Woolloongabba, QLD, AUS, 4102

Website

https://www.avadagroup.com.au

AVADA Group Ltd is an Australian traffic management operator and ancillary service provider with an established network throughout Queensland and New South Wales. The group has two reportable segments: Queensland Traffic Management and New South Wales Traffic Management. Queensland Traffic Management is the key revenue generator for the group. It provides services to government clients and major contractors in the civil infrastructure and maintenance sector.