ABC arbitrage (CHIX:ABCAP) Price-to-Tangible-Book : 2.28 (As of May. 25, 2024)

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What is ABC arbitrage Price-to-Tangible-Book?

As of today (2024-05-25), ABC arbitrage's share price is €5.94. ABC arbitrage's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €2.61. Hence, ABC arbitrage's Price to Tangible Book Ratio of today is 2.28.

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

CHIX:ABCAp' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.6 Med: 2.42 Max: 2.8
Current: 1.6

During the past 13 years, ABC arbitrage's highest Price to Tangible Book Ratio was 2.80. The lowest was 1.60. And the median was 2.42.

CHIX:ABCAp's Price-to-Tangible-Book is ranked worse than
82.81% of 1623 companies
in the Asset Management industry
Industry Median: 0.96 vs CHIX:ABCAp: 1.60

A closely related ratio is called PB Ratio. As of today, ABC arbitrage's share price is €5.94. ABC arbitrage's Book Value per Sharefor the quarter that ended in Dec. 2023 was €2.61. Hence, ABC arbitrage's P/B Ratio of today is 2.27.

ABC arbitrage Price-to-Tangible-Book Historical Data

The historical data trend for ABC arbitrage'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.

ABC arbitrage Price-to-Tangible-Book Chart

ABC arbitrage Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.79

2.74

2.65

2.35

2.28

ABC arbitrage Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															2.65	2.63	2.35	2.22	2.28

Competitive Comparison of ABC arbitrage's Price-to-Tangible-Book

For the Asset Management subindustry, ABC arbitrage'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.

ABC arbitrage's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, ABC arbitrage's Price-to-Tangible-Book distribution charts can be found below:

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

ABC arbitrage Price-to-Tangible-Book Calculation

ABC arbitrage's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	5.94	/	2.61
	=	2.28

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.

ABC arbitrage Price-to-Tangible-Book Related Terms

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

ABC arbitrage (CHIX:ABCAP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » ABC arbitrage SA (CHIX:ABCAp) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

ABCA:France 9BA:Germany

Address

18 rue du Quatre Septembre, Paris, FRA, 75002

Website

https://www.abc-arbitrage.com

ABC arbitrage SA is a France-based company engaged in the design of arbitration strategies in European and American financial markets. The group conducts two types of arbitrage strategies, including arbitrage without market risks, which exploits opportunities that are independent of directional or event risks, and arbitrage with market risks, where various risks involved are systematically identified and hedged using appropriate instruments. ABC Arbitrage also provides asset management services to institutional clients and advisory services for third party institutional clients or qualified investors. The company's funds are managed by ABC arbitrage Asset Management.

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