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Altech Batteries (Altech Batteries) Price-to-Tangible-Book : 2.79 (As of May. 02, 2024)


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What is Altech Batteries Price-to-Tangible-Book?

As of today (2024-05-02), Altech Batteries's share price is $0.039. Altech Batteries's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.01. Hence, Altech Batteries's Price to Tangible Book Ratio of today is 2.79.

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

ALTHF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.51   Med: 2.06   Max: 5.2
Current: 3.9

During the past 13 years, Altech Batteries's highest Price to Tangible Book Ratio was 5.20. The lowest was 0.51. And the median was 2.06.

ALTHF's Price-to-Tangible-Book is ranked worse than
71.68% of 1490 companies
in the Chemicals industry
Industry Median: 1.82 vs ALTHF: 3.90

A closely related ratio is called PB Ratio. As of today, Altech Batteries's share price is $0.039. Altech Batteries's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.01. Hence, Altech Batteries's P/B Ratio of today is 2.79.


Altech Batteries Price-to-Tangible-Book Historical Data

The historical data trend for Altech Batteries'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 Batteries Price-to-Tangible-Book Chart

Altech Batteries Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.55 1.73 1.70 1.88 2.91

Altech Batteries 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 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 1.74 1.88 2.06 2.91 3.57

Competitive Comparison of Altech Batteries's Price-to-Tangible-Book

For the Specialty Chemicals subindustry, Altech Batteries'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 Batteries's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Altech Batteries's Price-to-Tangible-Book distribution charts can be found below:

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



Altech Batteries Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.039/0.014
=2.79

* 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.


Altech Batteries Price-to-Tangible-Book Related Terms

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


Altech Batteries (Altech Batteries) Business Description

Traded in Other Exchanges
Address
295 Rokeby Road, Suite 8, Subiaco, Perth, WA, AUS, 6008
Altech Batteries Ltd is a specialty battery technology company. The company operates in four segments which include Silumna Anodes, CERENERGY, High Purity Alumina, and Corporate. Its project includes the German Sodium Chloride CERENERGY Solid State (SCSS) Battery Project and others.

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