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Alset Capital (TSXV:KSUM) Price-to-Tangible-Book : (As of May. 27, 2024)


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What is Alset Capital Price-to-Tangible-Book?

As of today (2024-05-27), Alset Capital's share price is C$0.24. Alset Capital's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$-0.01. Hence, Alset Capital's Price to Tangible Book Ratio of today is .

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

During the past 13 years, Alset Capital's highest Price to Tangible Book Ratio was 36.64. The lowest was 2.98. And the median was 7.96.

TSXV:KSUM's Price-to-Tangible-Book is not ranked *
in the Software industry.
Industry Median: 3.54
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Alset Capital's share price is C$0.24. Alset Capital's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$-0.01. Hence, Alset Capital's P/B Ratio of today is .


Alset Capital Price-to-Tangible-Book Historical Data

The historical data trend for Alset Capital'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.

Alset Capital Price-to-Tangible-Book Chart

Alset Capital Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Price-to-Tangible-Book
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Alset Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Alset Capital's Price-to-Tangible-Book

For the Software - Application subindustry, Alset Capital'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.


Alset Capital's Price-to-Tangible-Book Distribution in the Software Industry

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

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



Alset Capital Price-to-Tangible-Book Calculation

Alset Capital's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.24/-0.009
=

* 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.


Alset Capital Price-to-Tangible-Book Related Terms

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


Alset Capital (TSXV:KSUM) Business Description

Traded in Other Exchanges
Address
1090 West Georgia Street, Suite 488, Vancouver, BC, CAN, V6E 3V7
Alset Capital Inc, formerly ProSmart Enterprises Inc is engaged in the business of investing in technology companies.

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