GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tiger Brands Ltd (JSE:TBS) » Definitions » 6-Month Price Index

Tiger Brands (JSE:TBS) 6-Month Price Index : 1.03 (As of Jun. 08, 2024)


View and export this data going back to 1944. Start your Free Trial

What is Tiger Brands 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-06-08), Tiger Brands's 6-Month Price Index is 1.03.

Competitive Comparison of Tiger Brands's 6-Month Price Index

For the Packaged Foods subindustry, Tiger Brands's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index 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.

Tiger Brands  (JSE:TBS) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* 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.

Tiger Brands  (JSE:TBS) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Tiger Brands 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Tiger Brands's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

Tiger Brands (JSE:TBS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tiger Brands Ltd (JSE:TBS) » Definitions » 6-Month Price Index
Comparable Companies
JSE:AVI JSE:OCE JSE:RCL JSE:RFG JSE:LBR JSE:BRT XSWX:NESN KHC GIS XPAR:BN SHSE:603288 NSE:NESTLEIND SZSE:300999 SHSE:600887 TSE:2802 LSE:ABF BIMBOA HRL K MKC
Traded in Other Exchanges
TBLMY:USA TBLMF:USA UG5A:Germany
Address
3010 William Nicol Drive, P.O. Box 78056, Bryanston, Sandton, Johannesburg, GT, ZAF, 2146
Website
https://www.tigerbrands.com
Tiger Brands Ltd is an African manufacturer of branded food, home-care, and personal-care products. Present in 22 African countries, the company also has global distribution in the rest of the world: Germany, the United Kingdom, Sweden, Ireland, Canada, Sweden, the Philippines, Singapore, and Taiwan, among others. The product offering includes perishables, personal-care products, home-care products, snacks, baby care, beverages, grains, groceries, and out-of-home meals. The company reports under the following segments: grains, consumer brands, Home, Personal Care and Baby (HPCB), and export and international. The Grains segment is the largest segment. Some of the best-known brands are Oros, Hall's, Rose's, Ace, Albany, Purity, Ice Cap, Hugo's, and All Good.

Tiger Brands (JSE:TBS) Headlines

No Headlines