Alterra (ASX:1AG) Price-to-Tangible-Book : 0.33 (As of May. 03, 2024)

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What is Alterra Price-to-Tangible-Book?

As of today (2024-05-03), Alterra's share price is A$0.005. Alterra's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was A$0.02. Hence, Alterra's Price to Tangible Book Ratio of today is 0.33.

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

ASX:1AG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.25 Med: 0.77 Max: 1.28
Current: 0.25

During the past 13 years, Alterra's highest Price to Tangible Book Ratio was 1.28. The lowest was 0.25. And the median was 0.77.

ASX:1AG's Price-to-Tangible-Book is ranked better than
98.85% of 869 companies
in the Business Services industry
Industry Median: 2.09 vs ASX:1AG: 0.25

A closely related ratio is called PB Ratio. As of today, Alterra's share price is A$0.005. Alterra's Book Value per Sharefor the quarter that ended in Sep. 2023 was A$0.02. Hence, Alterra's P/B Ratio of today is 0.33.

Alterra Price-to-Tangible-Book Historical Data

The historical data trend for Alterra'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.

Alterra Price-to-Tangible-Book Chart

Alterra Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.88

1.28

1.22

0.61

0.53

Alterra Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.22	0.90	0.61	0.75	0.53

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

For the Specialty Business Services subindustry, Alterra'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.

Alterra's Price-to-Tangible-Book Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Alterra's Price-to-Tangible-Book distribution charts can be found below:

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

Alterra Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	0.005	/	0.015
	=	0.33

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.

Alterra Price-to-Tangible-Book Related Terms

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

Alterra (ASX:1AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Alterra Ltd (ASX:1AG) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

150 Saint Georges Terrace, Level 3, Perth, WA, AUS, 6000

Website

http://www.alterra.com.au

Alterra Ltd is an asset manager that provides origination, development and management services for land and water assets in Australia. It works directly with landowners and agricultural producers to unlock and reposition water assets through a change in land use, ownership structure, regulatory management and application of technical know-how to create large-scale horticultural assets. Its projects include The Carpenters Project which is involved in Avocado development and Carbon Conscious under which it is involved in the development of land use change opportunities for carbon sequestration in Australia and New Zealand. The company's operating segments include Asset management; Asset development; Business development and Corporate. It generates maximum revenue from the Corporate segment.

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