Price to Tangible Book of Acuity Brands Inc. (AYI) is 10.10
The price to tangible book value (PTBV) is a valuation ratio expressing the price of a security compared to its hard, or tangible, book value as reported in the company's balance sheet. The tangible book value number is equal to the company's total book value less the value of any intangible assets. Intangible assets can be such items as patents, intellectual property, goodwill, etc. The ratio shows how much investors are paying for each dollar of assets.
Source: Investopedia
Price to Tangible Book |
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Feb 20 | Mar 20 | Apr 20 | May 20 | Jun 20 | Jul 20 | Aug 20 | Sep 20 | Oct 20 | Nov 20 | Dec 20 | Jan 21 |
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18.66 | 16.28 | 9.11 | 9.99 | 10.45 | 8.95 | 9.91 | 11.09 | 10.56 | 7.55 | 10.10 | 10.10 |