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Alpha Star Acquisition (Alpha Star Acquisition) Price-to-Tangible-Book : 1.53 (As of May. 20, 2024)


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What is Alpha Star Acquisition Price-to-Tangible-Book?

As of today (2024-05-20), Alpha Star Acquisition's share price is $11.40. Alpha Star Acquisition's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was $7.45. Hence, Alpha Star Acquisition's Price to Tangible Book Ratio of today is 1.53.

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

ALSA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.29   Med: 1.33   Max: 1.53
Current: 1.53

During the past 2 years, Alpha Star Acquisition's highest Price to Tangible Book Ratio was 1.53. The lowest was 1.29. And the median was 1.33.

ALSA's Price-to-Tangible-Book is ranked better than
59.88% of 496 companies
in the Diversified Financial Services industry
Industry Median: 1.905 vs ALSA: 1.53

A closely related ratio is called PB Ratio. As of today, Alpha Star Acquisition's share price is $11.40. Alpha Star Acquisition's Book Value per Sharefor the quarter that ended in Sep. 2023 was $7.45. Hence, Alpha Star Acquisition's P/B Ratio of today is 1.53.


Alpha Star Acquisition Price-to-Tangible-Book Historical Data

The historical data trend for Alpha Star Acquisition'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.

Alpha Star Acquisition Price-to-Tangible-Book Chart

Alpha Star Acquisition Annual Data
Trend Dec21 Dec22
Price-to-Tangible-Book
- 1.33

Alpha Star Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.31 1.33 1.34 1.36 1.48

Competitive Comparison of Alpha Star Acquisition's Price-to-Tangible-Book

For the Shell Companies subindustry, Alpha Star Acquisition'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.


Alpha Star Acquisition's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Alpha Star Acquisition's Price-to-Tangible-Book distribution charts can be found below:

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



Alpha Star Acquisition Price-to-Tangible-Book Calculation

Alpha Star Acquisition's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=11.40/7.445
=1.53

* 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.


Alpha Star Acquisition Price-to-Tangible-Book Related Terms

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


Alpha Star Acquisition (Alpha Star Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
80 Broad Street, 5th Floor, New York, NY, USA, 10004
Website
Alpha Star Acquisition Corp is a blank check company.
Executives
Zhe Zhang director, officer: Chief Executive Officer UNIT 1631 LEVEL 16 MAN YEE BLDG, 60-68 DES VOEUX RD CENTRAL, HONG KONG F4 518000
Guojian Chen officer: Chief Financial Officer 477 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022
A-star Management Corp. 10 percent owner 80 BROAD STREET, 5TH FLOOR, NEW YORK NY 10004
Xiaofeng Zhou director D-22A, MINGZHU COMMUNITY, NO. 1 TAOYUAN ROAD, NANSHAN DISTRICT, SHENZHEN F4 518000
Konstantin A. Sokolov director 11, TRIQ ID-DULARI, SAN PAWL IL-BAHAR, SPB09 O1 263642
Heui-ching Huang director NO. 1, LANE 151, MINZU ROAD, BANQIAO DISTRICT, NEW TAIPEI CITY F5 220811

Alpha Star Acquisition (Alpha Star Acquisition) Headlines