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Alignment Healthcare (Alignment Healthcare) Price-to-Tangible-Book : 10.71 (As of May. 04, 2024)


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What is Alignment Healthcare Price-to-Tangible-Book?

As of today (2024-05-04), Alignment Healthcare's share price is $6.63. Alignment Healthcare's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.62. Hence, Alignment Healthcare's Price to Tangible Book Ratio of today is 10.71.

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

ALHC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 8.5   Med: 11.14   Max: 13.91
Current: 10.69

During the past 5 years, Alignment Healthcare's highest Price to Tangible Book Ratio was 13.91. The lowest was 8.50. And the median was 11.14.

ALHC's Price-to-Tangible-Book is ranked worse than
68.75% of 16 companies
in the Healthcare Plans industry
Industry Median: 6.63 vs ALHC: 10.69

A closely related ratio is called PB Ratio. As of today, Alignment Healthcare's share price is $6.63. Alignment Healthcare's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.83. Hence, Alignment Healthcare's P/B Ratio of today is 7.98.


Alignment Healthcare Price-to-Tangible-Book Historical Data

The historical data trend for Alignment Healthcare'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.

Alignment Healthcare Price-to-Tangible-Book Chart

Alignment Healthcare Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - 9.72 11.14 13.91

Alignment Healthcare Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 11.14 6.56 6.38 8.83 13.91

Competitive Comparison of Alignment Healthcare's Price-to-Tangible-Book

For the Healthcare Plans subindustry, Alignment Healthcare'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.


Alignment Healthcare's Price-to-Tangible-Book Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Alignment Healthcare's Price-to-Tangible-Book distribution charts can be found below:

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



Alignment Healthcare Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=6.63/0.619
=10.71

* 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.


Alignment Healthcare Price-to-Tangible-Book Related Terms

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


Alignment Healthcare (Alignment Healthcare) Business Description

Traded in Other Exchanges
N/A
Address
1100 W. Town and Country Road, Suite 1600, Orange, CA, USA, 92868
Alignment Healthcare Inc is a next-generation, consumer-centric platform that is revolutionizing the healthcare experience for seniors through Medicare Advantage plans. These plans are marketed and sold direct-to-consumer, allowing seniors to select the manner in which they receive healthcare coverage and services on an annual basis.
Executives
Jeffrey H Margolis director 567 SAN NICHOLAS DRIVE, SUITE 360, NEWPORT BEACH CA 92660
Joseph S Konowiecki director 5995 PLAZA DR, CYPRESS CA 90630
Hyong Kim officer: Chief Medical Officer C/O ALIGNMENT HEALTHCARE, INC., 1100 W TOWN AND COUNTRY ROAD, SUITE 1600, ORANGE CA 92868
Christopher J Joyce officer: Chief Legal and Admin. Officer C/O ALLIANCE ENTERTAINMENT CORP, 110 EAST 59TH STREET 18TH FLOOR, NEW YORK NY 10022
Melinda Michele Kimbro officer: Chief People Officer 6155 EL CAMINO REAL, CARLSBAD CA 92009
Robert L. Scavo officer: Chief Information Officer C/O ALIGNMENT HEALTHCARE, INC., 1100 W. TOWN AND COUNTRY ROAD, SUITE 160, ORANGE CA 92868
Hakan Kardes officer: Chief Technology Officer C/O ALIGNMENT HEALTHCARE, INC., 1100 W. TOWN AND COUNTRY ROAD, SUITE 160, ORANGE CA 92868
Robert Thomas Freeman officer: Chief Financial Officer C/O ALIGNMENT HEALTHCARE, INC., 1100 W. TOWN & COUNTRY ROAD, SUITE 1600, ORANGE CA 92868
Dinesh M. Kumar officer: Chief Health Officer C/O ALIGNMENT HEALTHCARE, INC., 1100 W. TOWN & COUNTRY ROAD, SUITE 1600, ORANGE CA 92868
Dawn Christine Maroney officer: President, Markets C/O ALIGNMENT HEALTHCARE, INC., 1100 W. TOWN & COUNTRY ROAD, SUITE 1600, ORANGE CA 92868
John E Kao director, officer: Chief Executive Officer
Richard A. Cross officer: SVP, General Counsel C/O ALIGNMENT HEALTHCARE, INC., 1100 W. TOWN AND COUNTRY ROAD, STE. 1600, ORANGE CA 92868
Warburg Pincus Llc director, 10 percent owner 450 LEXINGTON AVENUE, NEW YORK NY 10017
General Atlantic (aln Hlth), L.p. director, 10 percent owner C/O GENERAL ATLANTIC SERVICE COMPANY, LP, 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
General Atlantic, L.p. director, 10 percent owner 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055