Forafric Global (Forafric Global) Price-to-Tangible-Book : (As of May. 24, 2024)

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What is Forafric Global Price-to-Tangible-Book?

As of today (2024-05-24), Forafric Global's share price is $11.10. Forafric Global's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $-1.13. Hence, Forafric Global's Price to Tangible Book Ratio of today is .

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

AFRI's Price-to-Tangible-Book is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 1.73
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Forafric Global's share price is $11.10. Forafric Global's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.85. Hence, Forafric Global's P/B Ratio of today is 13.09.

Forafric Global Price-to-Tangible-Book Historical Data

The historical data trend for Forafric Global'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.

Forafric Global Price-to-Tangible-Book Chart

Forafric Global Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Forafric Global Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Forafric Global's Price-to-Tangible-Book

For the Farm Products subindustry, Forafric Global'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.

Forafric Global's Price-to-Tangible-Book Distribution in the Consumer Packaged Goods Industry

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

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

Forafric Global Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	11.10	/	-1.129
	=

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.

Forafric Global Price-to-Tangible-Book Related Terms

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

Forafric Global (Forafric Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Forafric Global PLC (NAS:AFRI) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mustapha Jamaleddine, Unit 5.3, Madison Building, Midtown, Queensway, GIB, GX11 1AA

Website

https://www.forafric.com

Forafric Global PLC is engaged in production and sale of a variety of wheat flours, Semolina and Pasta and Couscous in Morocco and in more than 45 countries. The two main brands in Morocco are MAYMOUNA and TRIA. The company derives majority of its revenue from Soft wheat.

Executives

Paul Packer	director, 10 percent owner, officer: CEO; CFO; Secretary	C/O GLOBIS CAPITAL PARTNERS LP, 60 BROAD ST, NEW YORK NY 10004
Michael Ferguson	director	525 EXECUTIVE BOULEVARD, ELMSFORD NY 10523
John M Horne	director	P.O. BOX 547, JOHNSON AR 72741
Claude Benitah	director	NITSANA, 9, TEL-AVIV-YAFO L3 6811709
Globis Spac Llc	10 percent owner	805 3RD AVENUE, 15TH FLOOR, NEW YORK NY 10022

Forafric Global (Forafric Global) Headlines

From GuruFocus

Forafric, a Leading African Agribusiness, Teams with Alapala to Nearly Double Wheat and Durum Processing Capacity

By Business Wire Business Wire • 06-14-2022

Forafric Acquires SIMS mill in Marrakesh Increasing Crushing Capacity to More Than 300 Tons per Day

By Business Wire • 07-31-2023

Forafric Achieves Record High Crushing Volume During First Half of 2022

By Business Wire Business Wire • 08-04-2022

Forafric Provides Business Update

By Business Wire • 12-13-2023