Asahi Group Holdings (TSE:2502) Price-to-Tangible-Book : (As of May. 25, 2024)

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What is Asahi Group Holdings Price-to-Tangible-Book?

As of today (2024-05-25), Asahi Group Holdings's share price is 円5840.00. Asahi Group Holdings's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was 円-1,635.60. Hence, Asahi Group Holdings's Price to Tangible Book Ratio of today is .

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

During the past 13 years, Asahi Group Holdings's highest Price to Tangible Book Ratio was 5.02. The lowest was 2.44. And the median was 2.91.

TSE:2502's Price-to-Tangible-Book is not ranked ^*
in the Beverages - Alcoholic industry.
Industry Median: 2.29
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Asahi Group Holdings's share price is 円5840.00. Asahi Group Holdings's Book Value per Sharefor the quarter that ended in Mar. 2024 was 円4,986.63. Hence, Asahi Group Holdings's P/B Ratio of today is 1.17.

Asahi Group Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Asahi 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.

* Premium members only.

Asahi Group Holdings Price-to-Tangible-Book Chart

Asahi Group Holdings Annual Data

Trend

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Price-to-Tangible-Book

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Asahi Group Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	-	-	-	-

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

For the Beverages - Brewers subindustry, Asahi 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.

Asahi Group Holdings's Price-to-Tangible-Book Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Asahi Group Holdings's Price-to-Tangible-Book distribution charts can be found below:

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

Asahi Group Holdings Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	5840.00	/	-1635.599
	=

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.

Asahi Group Holdings Price-to-Tangible-Book Related Terms

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

Asahi Group Holdings (TSE:2502) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Asahi Group Holdings Ltd (TSE:2502) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

ASBRF:USA ABW:Germany

Address

1-23-1, Azumabashi, Sumida-ku, Tokyo, JPN, 130-8602

Website

http://www.asahigroup-holdings.com

Asahi is a leading brewer in Japan with an estimated 36.5% market share by volume in Japan's beer and beer-like market, led by its Asahi Super Dry beer brand. It also operates a wide range of acholic and soft beverage products as well as packaged foods, mainly in Japan. It has made inroads into Europe through acquisitions of SABMiller's brands including Peroni and Pilsner Urquell in Western and Central Europe in 2016 and 2017. The acquisition of Carlton United Breweries has granted Asahi the leading market share in Australia's beer market with Great Northern the leading brand. East Asia including China and Southeast Asia are the other overseas markets where Asahi is growing. Overseas business represents nearly half of the group sales and 60% of business profits.

Asahi Group Holdings (TSE:2502) Headlines

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