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Loblaw (Loblaw) Price-to-Tangible-Book : 64.30 (As of May. 03, 2024)


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What is Loblaw Price-to-Tangible-Book?

As of today (2024-05-03), Loblaw's share price is $113.10. Loblaw's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $1.76. Hence, Loblaw's Price to Tangible Book Ratio of today is 64.30.

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

LBLCF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 22.91   Med: 71.02   Max: 221.42
Current: 65

During the past 13 years, Loblaw's highest Price to Tangible Book Ratio was 221.42. The lowest was 22.91. And the median was 71.02.

LBLCF's Price-to-Tangible-Book is ranked worse than
99.29% of 281 companies
in the Retail - Defensive industry
Industry Median: 2.04 vs LBLCF: 65.00

A closely related ratio is called PB Ratio. As of today, Loblaw's share price is $113.10. Loblaw's Book Value per Sharefor the quarter that ended in Mar. 2024 was $26.28. Hence, Loblaw's P/B Ratio of today is 4.30.


Loblaw Price-to-Tangible-Book Historical Data

The historical data trend for Loblaw'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.

Loblaw Price-to-Tangible-Book Chart

Loblaw 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 - - 34.93 157.82 44.58

Loblaw Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 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 74.29 79.12 48.39 44.58 63.24

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

For the Grocery Stores subindustry, Loblaw'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.


Loblaw's Price-to-Tangible-Book Distribution in the Retail - Defensive Industry

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

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



Loblaw Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=113.10/1.759
=64.30

* 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.


Loblaw Price-to-Tangible-Book Related Terms

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


Loblaw (Loblaw) Business Description

Traded in Other Exchanges
Address
1 President’s Choice Circle, Brampton, ON, CAN, L6Y 5S5
Loblaw is Canada's largest retailer, operating 2,500 food retail and pharmacy stores across the country. Its main grocery banners include Loblaw, No Frills, and Maxi, and its pharmacy stores are mostly under the Shoppers Drug Mart banner, which it acquired in 2014. In addition to brand-name offerings, Loblaw offers private-label products under the President's Choice and No Name brands. Beyond retail, Loblaw runs the PC Optimum loyalty program and also offers credit cards and insurance brokerage, which are collectively referred to as financial services. George Weston is Loblaw's controlling shareholder with a 53% stake.

Loblaw (Loblaw) Headlines

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