Ridley (ASX:RIC) Price-to-Tangible-Book : 2.63 (As of May. 27, 2024)

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What is Ridley Price-to-Tangible-Book?

As of today (2024-05-27), Ridley's share price is A$2.05. Ridley's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.78. Hence, Ridley's Price to Tangible Book Ratio of today is 2.63.

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

ASX:RIC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.24 Med: 2.27 Max: 3.53
Current: 2.63

During the past 13 years, Ridley's highest Price to Tangible Book Ratio was 3.53. The lowest was 1.24. And the median was 2.27.

ASX:RIC's Price-to-Tangible-Book is ranked worse than
66.98% of 1711 companies
in the Consumer Packaged Goods industry
Industry Median: 1.72 vs ASX:RIC: 2.63

A closely related ratio is called PB Ratio. As of today, Ridley's share price is A$2.05. Ridley's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$1.02. Hence, Ridley's P/B Ratio of today is 2.02.

Ridley Price-to-Tangible-Book Historical Data

The historical data trend for Ridley'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.

Ridley Price-to-Tangible-Book Chart

Ridley Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.91

1.24

1.72

2.37

2.62

Ridley 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															2.07	2.37	2.62	2.62	3.53

Competitive Comparison of Ridley's Price-to-Tangible-Book

For the Packaged Foods subindustry, Ridley'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.

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

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

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

Ridley Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2.05	/	0.779
	=	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.

Ridley Price-to-Tangible-Book Related Terms

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

Ridley (ASX:RIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ridley Corp Ltd (ASX:RIC) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

RIDYF:USA RI6:Germany

Address

565 Bourke Street, Level 4, Melbourne, VIC, AUS, 3000

Website

https://www.ridley.com.au

Ridley Corp Ltd engages in the production and marketing of stock feed and animal feed supplements. The company's operating segments include Bulk Stockfeeds and Packaged Feeds and Ingredients. The Bulk Stockfeeds segment comprises the Group's animal nutrition stockfeed solutions delivered in bulk. This includes monogastric and ruminant feeds, such as pellets, meals, concentrates, and premixes for poultry, pigs, dairy cattle, beef cattle, and sheep. Packaged Feeds and Ingredients segment comprises the Group's animal nutrition feed and ingredient solutions delivered in packaged form. This includes bagged poultry, dairy, dog, horse, and lifestyle animal feeds, as well as block and loose lick supplements; and aquafeed. It generates the majority of its revenue from the Bulk Stockfeeds segment.

Ridley (ASX:RIC) Headlines

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