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Afrimat (JSE:AFT) Price-to-Tangible-Book : 2.42 (As of May. 26, 2024)


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What is Afrimat Price-to-Tangible-Book?

As of today (2024-05-26), Afrimat's share price is R68.80. Afrimat's Tangible Book per Share of Feb. 2024 for the quarter that ended in Feb. 2024 was R28.49. Hence, Afrimat's Price to Tangible Book Ratio of today is 2.42.

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

JSE:AFT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.2   Med: 3.13   Max: 4.11
Current: 2.42

During the past 13 years, Afrimat's highest Price to Tangible Book Ratio was 4.11. The lowest was 2.20. And the median was 3.13.

JSE:AFT's Price-to-Tangible-Book is ranked worse than
69.79% of 374 companies
in the Building Materials industry
Industry Median: 1.39 vs JSE:AFT: 2.42

A closely related ratio is called PB Ratio. As of today, Afrimat's share price is R68.80. Afrimat's Book Value per Sharefor the quarter that ended in Feb. 2024 was R30.04. Hence, Afrimat's P/B Ratio of today is 2.29.


Afrimat Price-to-Tangible-Book Historical Data

The historical data trend for Afrimat'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.

Afrimat Price-to-Tangible-Book Chart

Afrimat Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.61 2.75 3.30 2.23 2.20

Afrimat Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 3.30 2.16 2.23 2.20 2.20

Competitive Comparison of Afrimat's Price-to-Tangible-Book

For the Building Materials subindustry, Afrimat'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.


Afrimat's Price-to-Tangible-Book Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Afrimat's Price-to-Tangible-Book distribution charts can be found below:

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



Afrimat Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Feb. 2024 )
=68.80/28.485
=2.42

* 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.


Afrimat Price-to-Tangible-Book Related Terms

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


Afrimat (JSE:AFT) Business Description

Traded in Other Exchanges
N/A
Address
Corner Willie van Schoor Avenue and Old Oak Road, Tyger Valley Office Park No. 2, Tyger Valley, Bellville, WC, ZAF, 7530
Afrimat Ltd is a South Africa-based company. It operates in three segments: Construction Materials, which comprises aggregates, concrete-based products, and contracting operations; Industrial Minerals segment consists mainly of the sale of limestone, dolomite, and industrial sand; Bulk Commodities segment includes iron ore and anthracite; and Services segment consists of Group shared services including IT services, consulting services, etc. It operates in a single geographical segment, which is the African region.