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Altaba (STU:ALA) Price-to-Tangible-Book : 0.27 (As of May. 17, 2024)


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What is Altaba Price-to-Tangible-Book?

As of today (2024-05-17), Altaba's share price is €17.73. Altaba's Tangible Book per Share of Jun. 2019 for the quarter that ended in Jun. 2019 was €65.63. Hence, Altaba's Price to Tangible Book Ratio of today is 0.27.

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

STU:ALA's Price-to-Tangible-Book is not ranked *
in the Asset Management industry.
Industry Median: 0.96
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Altaba's share price is €17.73. Altaba's Book Value per Sharefor the quarter that ended in Jun. 2019 was €65.63. Hence, Altaba's P/B Ratio of today is 0.27.


Altaba Price-to-Tangible-Book Historical Data

The historical data trend for Altaba'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.

Altaba Price-to-Tangible-Book Chart

Altaba Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.44 1.14 1.21 - 0.93

Altaba Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Dec17 Jun18 Dec18 Jun19
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.21 0.91 0.94 0.93 0.93

Competitive Comparison of Altaba's Price-to-Tangible-Book

For the Asset Management subindustry, Altaba'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.


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

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

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



Altaba Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2019 )
=17.73/65.626
=0.27

* 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.


Altaba Price-to-Tangible-Book Related Terms

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


Altaba (STU:ALA) Business Description

Traded in Other Exchanges
N/A
Address
140 East 45th Street, 15th Floor, New York, NY, USA, 10017
Altaba is a closed-end management company with holdings mostly in Yahoo Japan and Alibaba. After Yahoo sold its core business to Verizon in June 2017, the firm changed its name to Altaba and became a publicly traded investment holding company.

Altaba (STU:ALA) Headlines

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