Flour Mills Nigeria (NSA:FMNL) Price-to-Tangible-Book : 0.79 (As of May. 11, 2024)

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What is Flour Mills Nigeria Price-to-Tangible-Book?

As of today (2024-05-11), Flour Mills Nigeria's share price is ₦37.10. Flour Mills Nigeria's Tangible Book per Share of Mar. 2023 for the quarter that ended in Mar. 2023 was ₦46.86. Hence, Flour Mills Nigeria's Price to Tangible Book Ratio of today is 0.79.

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

NSA:FMNL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.5 Med: 0.68 Max: 2.16
Current: 0.79

During the past 13 years, Flour Mills Nigeria's highest Price to Tangible Book Ratio was 2.16. The lowest was 0.50. And the median was 0.68.

NSA:FMNL's Price-to-Tangible-Book is ranked better than
76.41% of 1704 companies
in the Consumer Packaged Goods industry
Industry Median: 1.73 vs NSA:FMNL: 0.79

A closely related ratio is called PB Ratio. As of today, Flour Mills Nigeria's share price is ₦37.10. Flour Mills Nigeria's Book Value per Sharefor the quarter that ended in Mar. 2023 was ₦51.22. Hence, Flour Mills Nigeria's P/B Ratio of today is 0.72.

Flour Mills Nigeria Price-to-Tangible-Book Historical Data

The historical data trend for Flour Mills Nigeria'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.

Flour Mills Nigeria Price-to-Tangible-Book Chart

Flour Mills Nigeria Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.53

0.61

0.72

0.70

0.66

Flour Mills Nigeria Semi-Annual Data
	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Price-to-Tangible-Book	Get a 7-Day Free Trial								0.53	0.61	0.72	0.70	0.66

Competitive Comparison of Flour Mills Nigeria's Price-to-Tangible-Book

For the Packaged Foods subindustry, Flour Mills Nigeria'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.

Flour Mills Nigeria's Price-to-Tangible-Book Distribution in the Consumer Packaged Goods Industry

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

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

Flour Mills Nigeria Price-to-Tangible-Book Calculation

Flour Mills Nigeria's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2023 )
	=	37.10	/	46.862
	=	0.79

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.

Flour Mills Nigeria Price-to-Tangible-Book Related Terms

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

Flour Mills Nigeria (NSA:FMNL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Flour Mills Nigeria PLC (NSA:FMNL) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wharf Road, 1, Golden Penny Place, Apapa, Lagos, NGA

Website

https://www.fmnplc.com

Flour Mills Nigeria PLC is an investment holding company. The company's operating segment includes Food; Agro Allied; Sugar and Support Services. It generates maximum revenue from the Food segment which includes milling and sales of flour and production and sales of pasta, snacks, and noodles. Its Agro-Allied segment includes farming of maize, cassava, soya, sugar cane and oil palm and production and sales of fertilizer, edible oils and livestock feeds. The Sugar segment includes the cultivation and processing of sugarcane, refining and selling of sugar and sale of by-products from sugar refining.

Flour Mills Nigeria (NSA:FMNL) Headlines

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