Al Rashid Industrial Co (SAU:9580) Price-to-Tangible-Book : 2.63 (As of Jun. 09, 2024)

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What is Al Rashid Industrial Co Price-to-Tangible-Book?

As of today (2024-06-09), Al Rashid Industrial Co's share price is ﷼35.00. Al Rashid Industrial Co's Tangible Book per Share of Dec. 2022 for the quarter that ended in Dec. 2022 was ﷼13.29. Hence, Al Rashid Industrial Co's Price to Tangible Book Ratio of today is 2.63.

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

SAU:9580' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.09 Med: 2.09 Max: 2.31
Current: 2.31

During the past 2 years, Al Rashid Industrial Co's highest Price to Tangible Book Ratio was 2.31. The lowest was 2.09. And the median was 2.09.

SAU:9580's Price-to-Tangible-Book is ranked worse than
74.02% of 358 companies
in the Packaging & Containers industry
Industry Median: 1.37 vs SAU:9580: 2.31

A closely related ratio is called PB Ratio. As of today, Al Rashid Industrial Co's share price is ﷼35.00. Al Rashid Industrial Co's Book Value per Sharefor the quarter that ended in Dec. 2022 was ﷼13.29. Hence, Al Rashid Industrial Co's P/B Ratio of today is 2.63.

Al Rashid Industrial Co Price-to-Tangible-Book Historical Data

The historical data trend for Al Rashid Industrial Co'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.

Al Rashid Industrial Co Price-to-Tangible-Book Chart

Al Rashid Industrial Co Annual Data

Trend

Dec22

Dec23

Price-to-Tangible-Book

2.09

Al Rashid Industrial Co Quarterly Data
	Dec22	Dec23
Price-to-Tangible-Book	-	2.09

Competitive Comparison of Al Rashid Industrial Co's Price-to-Tangible-Book

For the Packaging & Containers subindustry, Al Rashid Industrial Co'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.

Al Rashid Industrial Co's Price-to-Tangible-Book Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Al Rashid Industrial Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Al Rashid Industrial Co's Price-to-Tangible-Book falls into.

Al Rashid Industrial Co Price-to-Tangible-Book Calculation

Al Rashid Industrial Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2022 )
	=	35.00	/	13.288
	=	2.63

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.

Al Rashid Industrial Co Price-to-Tangible-Book Related Terms

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

Al Rashid Industrial Co (SAU:9580) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Al Rashid Industrial Co (SAU:9580) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

New Industrial City, 7960, Riyadh, SAU, 143322

Website

https://www.lastmade.com

Al Rashid Industrial Co is a company engaged in the production of many plastic products through drawing, injection, thermoforming and blowing techniques. All of these lines serve multiple commercial sectors, including food packaging and household appliances, date packaging, sweets and pastries, as well as single-use food containers.

Al Rashid Industrial Co (SAU:9580) Headlines

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