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African Equity Empowerment Investments (JSE:AEE) Price-to-Tangible-Book : 1.60 (As of May. 25, 2024)


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What is African Equity Empowerment Investments Price-to-Tangible-Book?

As of today (2024-05-25), African Equity Empowerment Investments's share price is R1.12. African Equity Empowerment Investments's Tangible Book per Share of Aug. 2023 for the quarter that ended in Aug. 2023 was R0.70. Hence, African Equity Empowerment Investments's Price to Tangible Book Ratio of today is 1.60.

The historical rank and industry rank for African Equity Empowerment Investments's Price-to-Tangible-Book or its related term are showing as below:

JSE:AEE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.13   Med: 1   Max: 4.21
Current: 1.6

During the past 13 years, African Equity Empowerment Investments's highest Price to Tangible Book Ratio was 4.21. The lowest was 0.13. And the median was 1.00.

JSE:AEE's Price-to-Tangible-Book is ranked better than
80.53% of 2085 companies
in the Software industry
Industry Median: 3.55 vs JSE:AEE: 1.60

A closely related ratio is called PB Ratio. As of today, African Equity Empowerment Investments's share price is R1.12. African Equity Empowerment Investments's Book Value per Sharefor the quarter that ended in Aug. 2023 was R0.97. Hence, African Equity Empowerment Investments's P/B Ratio of today is 1.16.


African Equity Empowerment Investments Price-to-Tangible-Book Historical Data

The historical data trend for African Equity Empowerment Investments'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.

African Equity Empowerment Investments Price-to-Tangible-Book Chart

African Equity Empowerment Investments Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.13 0.24 0.19 1.56

African Equity Empowerment Investments Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.24 0.18 0.19 0.22 1.56

Competitive Comparison of African Equity Empowerment Investments's Price-to-Tangible-Book

For the Information Technology Services subindustry, African Equity Empowerment Investments'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.


African Equity Empowerment Investments's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, African Equity Empowerment Investments's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where African Equity Empowerment Investments's Price-to-Tangible-Book falls into.



African Equity Empowerment Investments Price-to-Tangible-Book Calculation

African Equity Empowerment Investments's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Aug. 2023 )
=1.12/0.7
=1.60

* 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.


African Equity Empowerment Investments Price-to-Tangible-Book Related Terms

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


African Equity Empowerment Investments (JSE:AEE) Business Description

Traded in Other Exchanges
N/A
Address
3 Dock Road, Victoria & Alfred Waterfront, 1st Floor, Waterway House North, Cape Town, WC, ZAF, 8001
African Equity Empowerment Investments Ltd is a black-owned and black-managed investment holding company. Its segments include Fishing and brands, Technology, Health and beauty, Events and tourism, and Corporate. It generates maximum revenue from the Technology segment. The company exports its products to African countries, India and Europe and the majority of the revenue comes from South Africa.

African Equity Empowerment Investments (JSE:AEE) Headlines