Are Holdings (FRA:A19) Price-to-Tangible-Book : 1.16 (As of May. 24, 2024)

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What is Are Holdings Price-to-Tangible-Book?

As of today (2024-05-24), Are Holdings's share price is €11.60. Are Holdings's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €10.01. Hence, Are Holdings's Price to Tangible Book Ratio of today is 1.16.

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

FRA:A19' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.19 Med: 1.55 Max: 2.39
Current: 1.23

During the past 13 years, Are Holdings's highest Price to Tangible Book Ratio was 2.39. The lowest was 1.19. And the median was 1.55.

FRA:A19's Price-to-Tangible-Book is ranked better than
66.84% of 190 companies
in the Waste Management industry
Industry Median: 2.085 vs FRA:A19: 1.23

A closely related ratio is called PB Ratio. As of today, Are Holdings's share price is €11.60. Are Holdings's Book Value per Sharefor the quarter that ended in Mar. 2024 was €10.13. Hence, Are Holdings's P/B Ratio of today is 1.14.

Are Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Are Holdings'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.

Are Holdings Price-to-Tangible-Book Chart

Are Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.28

1.78

1.60

1.42

1.14

Are Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.42	1.26	1.21	1.34	1.14

Competitive Comparison of Are Holdings's Price-to-Tangible-Book

For the Waste Management subindustry, Are Holdings'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.

Are Holdings's Price-to-Tangible-Book Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Are Holdings's Price-to-Tangible-Book distribution charts can be found below:

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

Are Holdings Price-to-Tangible-Book Calculation

Are Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	11.60	/	10.005
	=	1.16

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.

Are Holdings Price-to-Tangible-Book Related Terms

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

Are Holdings (FRA:A19) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Are Holdings Inc (FRA:A19) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

AHHLF:USA 5857:Japan

Address

Nissay Sannomiya Bldg., 4-4-17, Kano-cho, Chuo-ku, Kobe, JPN, 650-0001

Website

http://www.asahiholdings.com

Are Holdings Inc formerly Asahi Holdings Inc is operative in the Japanese waste management industry. The company's principal interest lies in the precious metals recycling activities. This segment deals with the recycling and sale of precious metals and rare metals, including gold, silver, palladium, platinum, and indium, which are refined from precious metal-containing scraps inclusive of electronic materials, dental materials, jewelry manufacture and automobile catalysts. Asahi's secondary line of business is responsible for the collection, transportation and intermediate treatment of industrial wastes, such as waste acids, waste alkalis, waste oil, sludge, waste drugs and infectious medical wastes.

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