GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Lark Distilling Co Ltd (ASX:LRK) » Definitions » Price-to-Tangible-Book

Lark Distilling Co (ASX:LRK) Price-to-Tangible-Book : 0.88 (As of May. 24, 2024)


View and export this data going back to 2003. Start your Free Trial

What is Lark Distilling Co Price-to-Tangible-Book?

As of today (2024-05-24), Lark Distilling Co's share price is A$0.965. Lark Distilling Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$1.09. Hence, Lark Distilling Co's Price to Tangible Book Ratio of today is 0.88.

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

ASX:LRK' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.89   Med: 2.18   Max: 5.2
Current: 0.89

During the past 13 years, Lark Distilling Co's highest Price to Tangible Book Ratio was 5.20. The lowest was 0.89. And the median was 2.18.

ASX:LRK's Price-to-Tangible-Book is ranked better than
77.78% of 180 companies
in the Beverages - Alcoholic industry
Industry Median: 2.11 vs ASX:LRK: 0.89

A closely related ratio is called PB Ratio. As of today, Lark Distilling Co's share price is A$0.965. Lark Distilling Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$1.38. Hence, Lark Distilling Co's P/B Ratio of today is 0.70.


Lark Distilling Co Price-to-Tangible-Book Historical Data

The historical data trend for Lark Distilling 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.

Lark Distilling Co Price-to-Tangible-Book Chart

Lark Distilling Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.35 2.00 5.20 2.35 1.19

Lark Distilling Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 4.01 2.35 2.08 1.19 1.19

Competitive Comparison of Lark Distilling Co's Price-to-Tangible-Book

For the Beverages - Wineries & Distilleries subindustry, Lark Distilling 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.


Lark Distilling Co's Price-to-Tangible-Book Distribution in the Beverages - Alcoholic Industry

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

* The bar in red indicates where Lark Distilling Co's Price-to-Tangible-Book falls into.



Lark Distilling Co Price-to-Tangible-Book Calculation

Lark Distilling Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.965/1.093
=0.88

* 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.


Lark Distilling Co Price-to-Tangible-Book Related Terms

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


Lark Distilling Co (ASX:LRK) Business Description

Traded in Other Exchanges
Address
91-93 Macquarie Street, Level 1, Hobart, TAS, AUS, 7000
Lark Distilling Co Ltd is engaged in the investment and marketing of Australian whisky in Australia. It sells its products under the brand name, Lark. Its operating segments are Whisky, Gin, and Others. The other segment includes the sale of hand sanitizers. It generates the majority of revenue from the Whisky segment.

Lark Distilling Co (ASX:LRK) Headlines

No Headlines