Alexander Forbes Group Holdings (JSE:AFH) Price-to-Tangible-Book : 3.58 (As of May. 24, 2024)

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What is Alexander Forbes Group Holdings Price-to-Tangible-Book?

As of today (2024-05-24), Alexander Forbes Group Holdings's share price is R6.60. Alexander Forbes Group Holdings's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was R1.84. Hence, Alexander Forbes Group Holdings's Price to Tangible Book Ratio of today is 3.58.

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

JSE:AFH' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.7 Med: 2.84 Max: 65.08
Current: 3.59

During the past 12 years, Alexander Forbes Group Holdings's highest Price to Tangible Book Ratio was 65.08. The lowest was 1.70. And the median was 2.84.

JSE:AFH's Price-to-Tangible-Book is ranked worse than
74.64% of 489 companies
in the Diversified Financial Services industry
Industry Median: 1.83 vs JSE:AFH: 3.59

A closely related ratio is called PB Ratio. As of today, Alexander Forbes Group Holdings's share price is R6.60. Alexander Forbes Group Holdings's Book Value per Sharefor the quarter that ended in Sep. 2023 was R3.41. Hence, Alexander Forbes Group Holdings's P/B Ratio of today is 1.93.

Alexander Forbes Group Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Alexander Forbes Group 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.

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Alexander Forbes Group Holdings Price-to-Tangible-Book Chart

Alexander Forbes Group Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

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2.34

1.70

2.29

2.38

2.52

Alexander Forbes Group Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial															2.36	2.38	2.53	2.52	3.39

Competitive Comparison of Alexander Forbes Group Holdings's Price-to-Tangible-Book

For the Financial Conglomerates subindustry, Alexander Forbes Group 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.

Alexander Forbes Group Holdings's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Alexander Forbes Group Holdings's Price-to-Tangible-Book distribution charts can be found below:

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

Alexander Forbes Group Holdings Price-to-Tangible-Book Calculation

Alexander Forbes Group Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	6.60	/	1.844
	=	3.58

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.

Alexander Forbes Group Holdings Price-to-Tangible-Book Related Terms

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

Alexander Forbes Group Holdings (JSE:AFH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Alexander Forbes Group Holdings Ltd (JSE:AFH) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

115 West Street, Alexander Forbes, Sandown, Johannesburg, GT, ZAF, 2196

Website

https://www.alexanderforbes.co.za

Alexander Forbes Group Holdings Ltd offers integrated retirement, investment, life, and insurance solutions to customers worldwide. Alexander's business is divided into two platforms, institutional and retail. Its reported segments Investment Solutions, AF Financial Services, and AF Insurance serve clients under each of its platforms. The group's customer base is composed of retirement funds, corporations, trustees, unions, individuals, dependents, and other organizations. Products and services include consulting and advisory for a range of different situations, such as actuarial, asset and investment, and beneficiary fund. On the retail side, individuals and dependents are offered insurance, research, investment portfolios, and other services.

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