TasFoods (ASX:TFL) Price-to-Tangible-Book : 0.46 (As of May. 21, 2024)

View and export this data going back to 1999. Start your Free Trial

What is TasFoods Price-to-Tangible-Book?

As of today (2024-05-21), TasFoods's share price is A$0.018. TasFoods's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.04. Hence, TasFoods's Price to Tangible Book Ratio of today is 0.46.

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

ASX:TFL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.45 Med: 1.24 Max: 3.3
Current: 0.45

During the past 13 years, TasFoods's highest Price to Tangible Book Ratio was 3.30. The lowest was 0.45. And the median was 1.24.

ASX:TFL's Price-to-Tangible-Book is ranked better than
92.63% of 1709 companies
in the Consumer Packaged Goods industry
Industry Median: 1.74 vs ASX:TFL: 0.45

A closely related ratio is called PB Ratio. As of today, TasFoods's share price is A$0.018. TasFoods's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.04. Hence, TasFoods's P/B Ratio of today is 0.45.

TasFoods Price-to-Tangible-Book Historical Data

The historical data trend for TasFoods'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.

TasFoods Price-to-Tangible-Book Chart

TasFoods Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.38

1.50

1.72

0.98

0.77

TasFoods 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															1.72	1.24	0.98	0.66	0.77

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

For the Packaged Foods subindustry, TasFoods'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.

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

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

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

TasFoods Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.018	/	0.039
	=	0.46

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.

TasFoods Price-to-Tangible-Book Related Terms

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

TasFoods (ASX:TFL) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

52-54 Tamar Street, Launceston, TAS, AUS, 7250

Website

https://www.tasfoods.com.au

TasFoods Ltd is an Australian company that engages in the processing, manufacture, and sale of Tasmanian-made products. It operates through the following segments - The Dairy segment operates the Meander Valley Dairy, Betta milk, and Pyengana Dairy businesses; The Poultry segment focuses on the operations of Nichols Poultry Pty Ltd; The Corporate and Other segment comprises administrative support to the operational production units in the areas of financial management, human resources, sales, marketing, and food safety, and work health and safety. The firm generates maximum revenue from the Poultry segment.

TasFoods (ASX:TFL) Headlines

No Headlines