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Alaska Hydro (TSXV:AKH.H) PB Ratio : (As of Jun. 05, 2024)


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What is Alaska Hydro 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 (2024-06-05), Alaska Hydro's share price is C$0.01. Alaska Hydro's Book Value per Share for the quarter that ended in Mar. 2024 was C$-0.01. Hence, Alaska Hydro's PB Ratio of today is .

The historical rank and industry rank for Alaska Hydro's PB Ratio or its related term are showing as below:

During the past 13 years, Alaska Hydro's highest PB Ratio was 182.91. The lowest was 0.00. And the median was 0.00.

TSXV:AKH.H's PB Ratio is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 1.255
* Ranked among companies with meaningful PB Ratio only.

During the past 3 years, the average Book Value Per Share Growth Rate was -6.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Alaska Hydro was 61.80% per year. The lowest was -71.00% per year. And the median was 10.40% per year.

Back to Basics: PB Ratio


Alaska Hydro PB Ratio Historical Data

The historical data trend for Alaska Hydro'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.

Alaska Hydro PB Ratio Chart

Alaska Hydro Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
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Alaska Hydro Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Alaska Hydro's PB Ratio

For the Utilities - Renewable subindustry, Alaska Hydro'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.


Alaska Hydro's PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Alaska Hydro's PB Ratio distribution charts can be found below:

* The bar in red indicates where Alaska Hydro's PB Ratio falls into.



Alaska Hydro 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.

Alaska Hydro's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=0.01/-0.006
=

* 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.


Alaska Hydro  (TSXV:AKH.H) 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.


Alaska Hydro PB Ratio Related Terms

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


Alaska Hydro (TSXV:AKH.H) Business Description

Traded in Other Exchanges
Address
2633 Carnation Street, North Vancouver, BC, CAN, V7H 1H6
Alaska Hydro Corp is principally engaged in the generation and sale of electricity business activities. It also involved in development, distribution, transmission, and marketing of electrical power. The company operates More Creek Hydroelectric Project with the electric generation power capacity of 306 GWh. It involved in the development of clean, renewable, and Hydroelectric power generation. It derives most of its revenues from the sale of the electricity business activities and has operations spread across Canada.

Alaska Hydro (TSXV:AKH.H) Headlines

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