Altech Advanced Materials AG (FRA:AMA) Price-to-Tangible-Book : 8.13 (As of May. 28, 2024)

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What is Altech Advanced Materials AG Price-to-Tangible-Book?

As of today (2024-05-28), Altech Advanced Materials AG's share price is €5.80. Altech Advanced Materials AG's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €0.71. Hence, Altech Advanced Materials AG's Price to Tangible Book Ratio of today is 8.13.

The historical rank and industry rank for Altech Advanced Materials AG's Price-to-Tangible-Book or its related term are showing as below:

FRA:AMA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.87 Med: 5.49 Max: 11.78
Current: 8.17

During the past 13 years, Altech Advanced Materials AG's highest Price to Tangible Book Ratio was 11.78. The lowest was 1.87. And the median was 5.49.

FRA:AMA's Price-to-Tangible-Book is ranked worse than
95.81% of 1623 companies
in the Asset Management industry
Industry Median: 0.96 vs FRA:AMA: 8.17

A closely related ratio is called PB Ratio. As of today, Altech Advanced Materials AG's share price is €5.80. Altech Advanced Materials AG's Book Value per Sharefor the quarter that ended in Dec. 2023 was €0.71. Hence, Altech Advanced Materials AG's P/B Ratio of today is 8.13.

Altech Advanced Materials AG Price-to-Tangible-Book Historical Data

The historical data trend for Altech Advanced Materials AG'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.

Altech Advanced Materials AG Price-to-Tangible-Book Chart

Altech Advanced Materials AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

11.18

1.95

1.87

9.03

11.78

Altech Advanced Materials AG Semi-Annual Data
	Jun13	Dec13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.87	2.94	9.03	34.72	11.78

Competitive Comparison of Altech Advanced Materials AG's Price-to-Tangible-Book

For the Asset Management subindustry, Altech Advanced Materials AG'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.

Altech Advanced Materials AG's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where Altech Advanced Materials AG's Price-to-Tangible-Book falls into.

Altech Advanced Materials AG Price-to-Tangible-Book Calculation

Altech Advanced Materials AG's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	5.80	/	0.713
	=	8.13

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.

Altech Advanced Materials AG Price-to-Tangible-Book Related Terms

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

Altech Advanced Materials AG (FRA:AMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Altech Advanced Materials AG (FRA:AMA) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

AMA:Germany

Address

Ziegelhauser Landstrasse 3, Heidelberg, BW, DEU, 69120

Website

https://www.altechadvancedmaterials.com

Altech Advanced Materials AG is an investment company that makes investments in corporations and partnerships that represent a good opportunity/risk ratio, particularly in the business areas of raw material extraction and processing, chemistry, manufacture of all types of packaging and paper products, as well as their distribution. The aim of the company, together with its cooperation partner Altech Batteries Limited, is to enter the market for lithium-ion batteries for electromobility with innovative and high-performance anode material based on high-purity aluminum oxide ("HPA) - Silumina Anodes - as well as in the area of solid-state batteries for stationary battery use with - CERENERGY - to participate.

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