PT Argo Pantes Tbk (ISX:ARGO) Price-to-Tangible-Book : 24.61 (As of May. 21, 2024)

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What is PT Argo Pantes Tbk Price-to-Tangible-Book?

As of today (2024-05-21), PT Argo Pantes Tbk's share price is Rp970.00. PT Argo Pantes Tbk's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was Rp39.41. Hence, PT Argo Pantes Tbk's Price to Tangible Book Ratio of today is 24.61.

The historical rank and industry rank for PT Argo Pantes Tbk's Price-to-Tangible-Book or its related term are showing as below:

ISX:ARGO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.74 Med: 20.2 Max: 24.87
Current: 24.61

During the past 13 years, PT Argo Pantes Tbk's highest Price to Tangible Book Ratio was 24.87. The lowest was 2.74. And the median was 20.20.

ISX:ARGO's Price-to-Tangible-Book is ranked worse than
98.18% of 990 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.345 vs ISX:ARGO: 24.61

A closely related ratio is called PB Ratio. As of today, PT Argo Pantes Tbk's share price is Rp970.00. PT Argo Pantes Tbk's Book Value per Sharefor the quarter that ended in Mar. 2024 was Rp40.83. Hence, PT Argo Pantes Tbk's P/B Ratio of today is 23.76.

PT Argo Pantes Tbk Price-to-Tangible-Book Historical Data

The historical data trend for PT Argo Pantes Tbk'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.

PT Argo Pantes Tbk Price-to-Tangible-Book Chart

PT Argo Pantes Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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24.19

PT Argo Pantes Tbk 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															-	-	16.21	24.19	24.87

Competitive Comparison of PT Argo Pantes Tbk's Price-to-Tangible-Book

For the Textile Manufacturing subindustry, PT Argo Pantes Tbk'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.

PT Argo Pantes Tbk's Price-to-Tangible-Book Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PT Argo Pantes Tbk's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where PT Argo Pantes Tbk's Price-to-Tangible-Book falls into.

PT Argo Pantes Tbk Price-to-Tangible-Book Calculation

PT Argo Pantes Tbk's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	970.00	/	39.41
	=	24.61

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.

PT Argo Pantes Tbk Price-to-Tangible-Book Related Terms

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PT Argo Pantes Tbk (ISX:ARGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » PT Argo Pantes Tbk (ISX:ARGO) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan. Jend Gatot Subroto Kav.22, Wisma Argo Manunggal, 2nd Floor, Jakarta, IDN, 12930

Website

https://www.argopantes.com

PT Argo Pantes Tbk operates in the textile industry. The company is engaged in the production and sales of finished fabric, knitting, and garment. The company has two operating segments which include the textile industry and rent out of which the majority of the revenue derives from the Textile segment.