As of today (2024-06-08), ReAlpha Tech's share price is $0.982. ReAlpha Tech's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $0.09. Hence, ReAlpha Tech's Price to Tangible Book Ratio of today is 10.67.
The historical rank and industry rank for ReAlpha Tech's Price-to-Tangible-Book or its related term are showing as below:
AIRE'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 10.91 Med: 13.26 Max: 13.26
Current: 10.91
During the past 2 years, ReAlpha Tech's highest Price to Tangible Book Ratio was 13.26. The lowest was 10.91. And the median was 13.26.
AIRE's Price-to-Tangible-Book is ranked worse than 98.01% of 1709
companies
in the Real Estate industry
Industry Median: 0.81
vs AIRE: 10.91
ReAlpha Tech Price-to-Tangible-Book Historical Data
The historical data trend for ReAlpha Tech'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.
Competitive Comparison of ReAlpha Tech's Price-to-Tangible-Book
For the Real Estate Services subindustry, ReAlpha Tech'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.
ReAlpha Tech's Price-to-Tangible-Book Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, ReAlpha Tech's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where ReAlpha Tech's Price-to-Tangible-Book falls into.
ReAlpha Tech Price-to-Tangible-Book Calculation
ReAlpha Tech's price-to-tangible-book ratio for today is calculated as:
* 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.
ReAlpha Tech Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of ReAlpha Tech's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
ReAlpha Tech Corp is an early-stage company that develops and utilizes its artificial intelligence-focused technology stack to empower retail investor participation in short-term rental properties, which are real estate units listed for a rental term. It offers retail investors the opportunity to participate in short-term rental properties it will acquire by offering interest in each property portfolio. Its revenues primarily consist of short-term rental revenues from the rental of its properties via Airbnb and such digital hospitality platforms. The company has two segments (i) platform services and (ii) rental business. The company generates the majority of its revenue from the Platform services segment.
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