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Arax Holdings (Arax Holdings) Price-to-Tangible-Book : 268.00 (As of May. 11, 2024)


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What is Arax Holdings Price-to-Tangible-Book?

As of today (2024-05-11), Arax Holdings's share price is $1.34. Arax Holdings's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was $0.01. Hence, Arax Holdings's Price to Tangible Book Ratio of today is 268.00.

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

ARAT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.24   Med: 46.28   Max: 268
Current: 134

During the past 9 years, Arax Holdings's highest Price to Tangible Book Ratio was 268.00. The lowest was 4.24. And the median was 46.28.

ARAT's Price-to-Tangible-Book is ranked worse than
98.95% of 2088 companies
in the Software industry
Industry Median: 3.61 vs ARAT: 134.00

A closely related ratio is called PB Ratio. As of today, Arax Holdings's share price is $1.34. Arax Holdings's Book Value per Sharefor the quarter that ended in Jan. 2024 was $0.06. Hence, Arax Holdings's P/B Ratio of today is 24.36.


Arax Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Arax Holdings'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.

Arax Holdings Price-to-Tangible-Book Chart

Arax Holdings Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct20 Oct21 Oct22 Oct23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only - - - - 86.67

Arax Holdings Quarterly Data
Apr16 Jul16 Oct16 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 Premium Member Only Premium Member Only Premium Member Only - 5.88 4.24 86.67 233.00

Competitive Comparison of Arax Holdings's Price-to-Tangible-Book

For the Software - Infrastructure subindustry, Arax Holdings'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.


Arax Holdings's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Arax Holdings's Price-to-Tangible-Book distribution charts can be found below:

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



Arax Holdings Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jan. 2024 )
=1.34/0.005
=268.00

* 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.


Arax Holdings Price-to-Tangible-Book Related Terms

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


Arax Holdings (Arax Holdings) Business Description

Traded in Other Exchanges
N/A
Address
30 North Gould Street, Sheridan, WY, USA, 82801
Arax Holdings Corp invests in TechFin and blockchain-based software solutions companies. The primary focus of Arax is to fuse decentralized solutions with financial service providers within multiple markets and communication networks to bring blockchain to everyday life.

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