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Tofutti Brands (Tofutti Brands) Price-to-Tangible-Book : 1.09 (As of May. 11, 2024)


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What is Tofutti Brands Price-to-Tangible-Book?

As of today (2024-05-11), Tofutti Brands's share price is $0.80. Tofutti Brands's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.74. Hence, Tofutti Brands's Price to Tangible Book Ratio of today is 1.09.

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

TOFB' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.02   Med: 2.76   Max: 11.65
Current: 1.08

During the past 13 years, Tofutti Brands's highest Price to Tangible Book Ratio was 11.65. The lowest was 1.02. And the median was 2.76.

TOFB's Price-to-Tangible-Book is ranked better than
67.72% of 1704 companies
in the Consumer Packaged Goods industry
Industry Median: 1.735 vs TOFB: 1.08

A closely related ratio is called PB Ratio. As of today, Tofutti Brands's share price is $0.80. Tofutti Brands's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.74. Hence, Tofutti Brands's P/B Ratio of today is 1.09.


Tofutti Brands Price-to-Tangible-Book Historical Data

The historical data trend for Tofutti Brands'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.

Tofutti Brands Price-to-Tangible-Book Chart

Tofutti Brands 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 2.66 2.13 2.98 1.50 1.02

Tofutti Brands Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.50 1.28 1.12 0.87 1.02

Competitive Comparison of Tofutti Brands's Price-to-Tangible-Book

For the Packaged Foods subindustry, Tofutti Brands'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.


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

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

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



Tofutti Brands Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.80/0.736
=1.09

* 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.


Tofutti Brands Price-to-Tangible-Book Related Terms

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


Tofutti Brands (Tofutti Brands) Business Description

Traded in Other Exchanges
N/A
Address
50 Jackson Drive, Cranford, NJ, USA, 07016
Tofutti Brands Inc is engaged in the development, production, and marketing of TOFUTTI brand non-dairy frozen desserts and other food products. It offers soy-based products, plant-based, dairy vegan, frozen desserts, soy-based cheeses and spreads, and other frozen food products. The company sells its dairy-free frozen dessert products, frozen entrees, and soy-cheese products in majorly markets in the United States, including Atlanta, Baltimore, Boston, Charlotte, Chicago, Cincinnati, and Cleveland. It distributes all of its products by common carrier or by allowing customers to pick up products from outside storage facilities.
Executives
Efraim Mintz director TOFUTTI BRANDS INC., 50 JACKSON DRIVE, CRANFORD NJ 07106
Joseph N Himy director 13-01 POLLITT DRIVE, FAIR LAWN NJ 07410
Scott Korman director C/O NASHONE, INC., 175 ELM ROAD, ENGLEWOOD NJ 07361
Neal S Axelrod director C/O TOFUTTI BRANDS INC., 50 JACKSON DRIVE, CRANFORD NJ 07016
Steven Kass officer: Chief Financial Officer 50 JACKSON DRIVE, CRANFORD NJ 07016
Philip Gotthelf director C/O TOFUTTI BRANDS INC., 50 JACKSON DRIVE, CRANFORD NJ 07016
Aron Forem director C/O WUHL SHAFMAN LIEBERMAN CO., 52-62 CORNELIA STREET, NEWARK NJ 07105
Joseph K Fischer director 50 JACKSON DRIVE, CRANFORD NJ 7016
Franklyn H Snitow director 575 LEXINGTON AVE, NEW YORK NY 10017
Jeremy Wiesen director
Reuben Rapoport director, officer: Director-Product Development
David Mintz director, 10 percent owner, officer: President & Chairman 50 JACKSON DRIVE, CRANFORD NJ 07016

Tofutti Brands (Tofutti Brands) Headlines