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High Liner Foods (TSX:HLF) Price-to-Tangible-Book : 2.72 (As of Jun. 03, 2024)


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What is High Liner Foods Price-to-Tangible-Book?

As of today (2024-06-03), High Liner Foods's share price is C$13.31. High Liner Foods's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was C$4.90. Hence, High Liner Foods's Price to Tangible Book Ratio of today is 2.72.

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

TSX:HLF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.65   Med: 5.18   Max: 302.67
Current: 2.72

During the past 13 years, High Liner Foods's highest Price to Tangible Book Ratio was 302.67. The lowest was 2.65. And the median was 5.18.

TSX:HLF's Price-to-Tangible-Book is ranked worse than
68.87% of 1709 companies
in the Consumer Packaged Goods industry
Industry Median: 1.7 vs TSX:HLF: 2.72

A closely related ratio is called PB Ratio. As of today, High Liner Foods's share price is C$13.31. High Liner Foods's Book Value per Sharefor the quarter that ended in Mar. 2024 was C$16.23. Hence, High Liner Foods's P/B Ratio of today is 0.82.


High Liner Foods Price-to-Tangible-Book Historical Data

The historical data trend for High Liner Foods'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.

High Liner Foods Price-to-Tangible-Book Chart

High Liner Foods Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 9.82 3.86 2.73

High Liner Foods 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 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 3.83 3.41 2.65 2.73 2.77

Competitive Comparison of High Liner Foods's Price-to-Tangible-Book

For the Packaged Foods subindustry, High Liner Foods'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.


High Liner Foods's Price-to-Tangible-Book Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, High Liner Foods's Price-to-Tangible-Book distribution charts can be found below:

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



High Liner Foods Price-to-Tangible-Book Calculation

High Liner Foods's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=13.31/4.899
=2.72

* 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.


High Liner Foods Price-to-Tangible-Book Related Terms

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


High Liner Foods (TSX:HLF) Business Description

Traded in Other Exchanges
Address
100 Battery Point, P.O. Box 910, Lunenburg, NS, CAN, B0J 2C0
High Liner Foods Inc is a Canadian company which is mainly engaged in the processing and marketing of prepared and packaged frozen seafood products. The company sells its products to institutions, health care facilities, and quick-service family and casual dining establishments. Its foodservice brands include High Liner Culinary, Mirabel, FPI, Viking, American Pride, High Liner, Fisher Boy, Sea Cuisine and others.
Executives
High Liner Foods Incorporated Issuer