GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » AltC Acquisition Corp (NYSE:ALCC) » Definitions » Price-to-Tangible-Book

AltC Acquisition (AltC Acquisition) Price-to-Tangible-Book : 2.66 (As of May. 12, 2024)


View and export this data going back to 2021. Start your Free Trial

What is AltC Acquisition Price-to-Tangible-Book?

As of today (2024-05-12), AltC Acquisition's share price is $18.23. AltC Acquisition's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $6.85. Hence, AltC Acquisition's Price to Tangible Book Ratio of today is 2.66.

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

ALCC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.29   Med: 1.29   Max: 2.66
Current: 2.66

During the past 3 years, AltC Acquisition's highest Price to Tangible Book Ratio was 2.66. The lowest was 1.29. And the median was 1.29.

ALCC's Price-to-Tangible-Book is ranked worse than
66.14% of 505 companies
in the Diversified Financial Services industry
Industry Median: 1.83 vs ALCC: 2.66

A closely related ratio is called PB Ratio. As of today, AltC Acquisition's share price is $18.23. AltC Acquisition's Book Value per Sharefor the quarter that ended in Dec. 2023 was $6.85. Hence, AltC Acquisition's P/B Ratio of today is 2.66.


AltC Acquisition Price-to-Tangible-Book Historical Data

The historical data trend for AltC Acquisition'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.

AltC Acquisition Price-to-Tangible-Book Chart

AltC Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Price-to-Tangible-Book
1.29 1.29 1.54

AltC Acquisition Quarterly Data
Feb21 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 1.29 1.31 1.34 1.32 1.54

Competitive Comparison of AltC Acquisition's Price-to-Tangible-Book

For the Shell Companies subindustry, AltC Acquisition'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.


AltC Acquisition's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, AltC Acquisition's Price-to-Tangible-Book distribution charts can be found below:

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



AltC Acquisition Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=18.23/6.845
=2.66

* 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.


AltC Acquisition Price-to-Tangible-Book Related Terms

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


AltC Acquisition (AltC Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
640 Fifth Avenue, 12th Floor, New York, NY, USA, 10019
AltC Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Peter Lattman director 640 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10019
Samuel H. Altman director, officer: Chief Executive Officer 29 DORLAND STREET, SAN FRANCISCO CA 94110
John L Thornton director C/O GOLDMAN SACHS GROUP INC, 85 BROAD STREET, NEW YORK NY 10004
Frances X Frei director ADVANCE AUTO PARTS, INC., 5008 AIRPORT RD, ROANOKE VA 24012
Michael Stuart Klein director, 10 percent owner, officer: Chairman C/O DAVIS POLK & WARDWELL, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Allison Green director C/O GSV CAPITAL CORP., 2925 WOODSIDE ROAD, WOODSIDE CA 94062
M. Klein Associates, Inc. 10 percent owner 640 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10019
Lee Jay Taragin officer: Chief Financial Officer 640 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10019
Altc Sponsor Llc 10 percent owner C/O ALTC ACQUISITION CORP., 640 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10019