Afric Industries (CAS:AFI) Price-to-Tangible-Book : 2.30 (As of May. 16, 2024)

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What is Afric Industries Price-to-Tangible-Book?

As of today (2024-05-16), Afric Industries's share price is MAD325.00. Afric Industries's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was MAD141.13. Hence, Afric Industries's Price to Tangible Book Ratio of today is 2.30.

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

CAS:AFI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.87 Med: 2.09 Max: 2.38
Current: 2.3

During the past 8 years, Afric Industries's highest Price to Tangible Book Ratio was 2.38. The lowest was 1.87. And the median was 2.09.

CAS:AFI's Price-to-Tangible-Book is ranked worse than
61.01% of 395 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.77 vs CAS:AFI: 2.30

A closely related ratio is called PB Ratio. As of today, Afric Industries's share price is MAD325.00. Afric Industries's Book Value per Sharefor the quarter that ended in Dec. 2023 was MAD150.77. Hence, Afric Industries's P/B Ratio of today is 2.16.

Afric Industries Price-to-Tangible-Book Historical Data

The historical data trend for Afric Industries'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.

Afric Industries Price-to-Tangible-Book Chart

Afric Industries Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.03

1.87

2.38

2.36

2.37

Afric Industries Semi-Annual Data
	Jun14	Jun15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial													2.38	2.56	2.36	2.75	2.37

Competitive Comparison of Afric Industries's Price-to-Tangible-Book

For the Furnishings, Fixtures & Appliances subindustry, Afric Industries'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.

Afric Industries's Price-to-Tangible-Book Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Afric Industries's Price-to-Tangible-Book distribution charts can be found below:

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

Afric Industries Price-to-Tangible-Book Calculation

Afric Industries's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	325.00	/	141.129
	=	2.30

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.

Afric Industries Price-to-Tangible-Book Related Terms

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

Afric Industries (CAS:AFI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Afric Industries SA (CAS:AFI) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Route de Tetouan, Lot 107, Zone Industrielle, Tangier, MAR, BP 368

Website

http://www.africindustries.com

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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