AtlasClear Holdings (AtlasClear Holdings) Price-to-Tangible-Book : 1.22 (As of Jun. 09, 2024)

View and export this data going back to 2024. Start your Free Trial

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

As of today (2024-06-09), AtlasClear Holdings's share price is $1.03. AtlasClear Holdings's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was $0.84. Hence, AtlasClear Holdings's Price to Tangible Book Ratio of today is 1.22.

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

ATCH's Price-to-Tangible-Book is not ranked ^*
in the Software industry.
Industry Median: 3.47
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, AtlasClear Holdings's share price is $1.03. AtlasClear Holdings's Book Value per Sharefor the quarter that ended in Jun. 2023 was $0.84. Hence, AtlasClear Holdings's P/B Ratio of today is 1.22.

AtlasClear Holdings Price-to-Tangible-Book Historical Data

The historical data trend for AtlasClear 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.

AtlasClear Holdings Price-to-Tangible-Book Chart

AtlasClear Holdings Annual Data

Trend

Jun22

Price-to-Tangible-Book

AtlasClear Holdings Semi-Annual Data
	Jun22	Jun23
Price-to-Tangible-Book	-	-

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

For the Software - Infrastructure subindustry, AtlasClear 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.

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

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

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

AtlasClear Holdings Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	1.03	/	0.843
	=	1.22

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

AtlasClear Holdings Price-to-Tangible-Book Related Terms

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

AtlasClear Holdings (AtlasClear Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AtlasClear Holdings Inc (AMEX:ATCH) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

4221 W. Boy Scout Boulevard, Suite 300, Tampa, FL, USA, 33607

Website

https://www.atlasclear.com

AtlasClear Holdings Inc is a fintech company. Its goal is to build a cutting-edge technology-enabled financial services firm that would create a more efficient platform for trading, clearing, settlement and banking of evolving and innovative financial products with a focus on financial services firms, generally with annual revenues up to $1 billion, including small and mid-sized banks, brokerage firms, hedge funds, pension plans, and family offices that are not adequately served by today's larger correspondent clearing firms and banks.

AtlasClear Holdings (AtlasClear Holdings) Headlines

From GuruFocus

Thinking about buying stock in MicroCloud Hologram, CleanSpark, Cardiol Therapeutics, Atlasclear Holdings, or EZCORP?

By PRNewswire • 02-26-2024