Afine Investments (JSE:ANI) Price-to-Tangible-Book : 1.10 (As of May. 25, 2024)

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What is Afine Investments Price-to-Tangible-Book?

As of today (2024-05-25), Afine Investments's share price is R4.00. Afine Investments's Tangible Book per Share of Aug. 2023 for the quarter that ended in Aug. 2023 was R3.62. Hence, Afine Investments's Price to Tangible Book Ratio of today is 1.10.

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

JSE:ANI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.1 Med: 1.24 Max: 1.37
Current: 1.1

During the past 3 years, Afine Investments's highest Price to Tangible Book Ratio was 1.37. The lowest was 1.10. And the median was 1.24.

JSE:ANI's Price-to-Tangible-Book is ranked worse than
74.26% of 839 companies
in the REITs industry
Industry Median: 0.83 vs JSE:ANI: 1.10

A closely related ratio is called PB Ratio. As of today, Afine Investments's share price is R4.00. Afine Investments's Book Value per Sharefor the quarter that ended in Aug. 2023 was R3.62. Hence, Afine Investments's P/B Ratio of today is 1.10.

Afine Investments Price-to-Tangible-Book Historical Data

The historical data trend for Afine 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.

Afine Investments Price-to-Tangible-Book Chart

Afine Investments Annual Data

Trend

Feb21

Feb22

Feb23

Price-to-Tangible-Book

1.22

1.27

Afine Investments Semi-Annual Data
	Aug21	Feb22	Aug22	Feb23	Aug23
Price-to-Tangible-Book	-	1.22	1.25	1.27	1.17

Competitive Comparison of Afine Investments's Price-to-Tangible-Book

For the REIT - Specialty subindustry, Afine 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.

Afine Investments's Price-to-Tangible-Book Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Afine Investments's Price-to-Tangible-Book distribution charts can be found below:

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

Afine Investments Price-to-Tangible-Book Calculation

Afine 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 )
	=	4.00	/	3.621
	=	1.10

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.

Afine Investments Price-to-Tangible-Book Related Terms

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

Afine Investments (JSE:ANI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Afine Investments Ltd (JSE:ANI) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 4602, Greenways, Strand, Western Cape, ZAF, 7140

Website

https://www.afineinvestments.com

Afine Investments Ltd is a specialized commercial real estate. It holds a portfolio of income-generating immovable properties focused mainly on the petroleum sector. geographically company operates in Gauteng and North-West, Mpumalanga, and Western Cape Segment. Out of these geographical segment majority of revenue is generated from Gauteng and North-West.

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