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Altus Property Ventures (PHS:APVI) PB Ratio : 0.89 (As of May. 23, 2024)


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What is Altus Property Ventures PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-23), Altus Property Ventures's share price is ₱8.52. Altus Property Ventures's Book Value per Share for the quarter that ended in Mar. 2024 was ₱9.57. Hence, Altus Property Ventures's PB Ratio of today is 0.89.

Good Sign:

Altus Property Ventures Inc stock PB Ratio (=0.88) is close to 5-year low of 0.86

The historical rank and industry rank for Altus Property Ventures's PB Ratio or its related term are showing as below:

PHS:APVI' s PB Ratio Range Over the Past 10 Years
Min: 0.86   Med: 1.94   Max: 5.01
Current: 0.88

During the past 7 years, Altus Property Ventures's highest PB Ratio was 5.01. The lowest was 0.86. And the median was 1.94.

PHS:APVI's PB Ratio is ranked worse than
52.65% of 1755 companies
in the Real Estate industry
Industry Median: 0.82 vs PHS:APVI: 0.88

During the past 12 months, Altus Property Ventures's average Book Value Per Share Growth Rate was 17.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.70% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Altus Property Ventures was 14.90% per year. The lowest was -2.90% per year. And the median was 6.35% per year.

Back to Basics: PB Ratio


Altus Property Ventures PB Ratio Historical Data

The historical data trend for Altus Property Ventures's PB Ratio 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.

Altus Property Ventures PB Ratio Chart

Altus Property Ventures Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial - 2.04 2.88 1.60 1.01

Altus Property Ventures Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio 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 1.48 1.14 1.11 1.01 1.12

Competitive Comparison of Altus Property Ventures's PB Ratio

For the Real Estate Services subindustry, Altus Property Ventures's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Altus Property Ventures's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Altus Property Ventures's PB Ratio distribution charts can be found below:

* The bar in red indicates where Altus Property Ventures's PB Ratio falls into.



Altus Property Ventures PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Altus Property Ventures's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=8.52/9.573
=0.89

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Altus Property Ventures  (PHS:APVI) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Altus Property Ventures PB Ratio Related Terms

Thank you for viewing the detailed overview of Altus Property Ventures's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Altus Property Ventures (PHS:APVI) Business Description

Traded in Other Exchanges
N/A
Address
National Highway, Barangay 1, San Francisco, San Nicolas, Ilocos Norte, Laoag, PHL, 2901
Altus Property Ventures Inc is engaged in the business of selling, acquiring, building, constructing, developing, leasing and disposing of real estate properties and property development of all kinds and nature. The company currently derives all its revenues from the mall it owns and operates referred to as Robinsons Place Ilocos (North Wing).

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