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Alpha Healthcare Acquisition III (Alpha Healthcare Acquisition III) Price-to-Tangible-Book : 1.24 (As of May. 14, 2024)


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What is Alpha Healthcare Acquisition III Price-to-Tangible-Book?

As of today (2024-05-14), Alpha Healthcare Acquisition III's share price is $9.80. Alpha Healthcare Acquisition III's Tangible Book per Share of Mar. 2023 for the quarter that ended in Mar. 2023 was $7.89. Hence, Alpha Healthcare Acquisition III's Price to Tangible Book Ratio of today is 1.24.

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

ALPA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.24   Med: 1.29   Max: 1.31
Current: 1.24

During the past 2 years, Alpha Healthcare Acquisition III's highest Price to Tangible Book Ratio was 1.31. The lowest was 1.24. And the median was 1.29.

ALPA's Price-to-Tangible-Book is not ranked
in the Diversified Financial Services industry.
Industry Median: 1.83 vs ALPA: 1.24

A closely related ratio is called PB Ratio. As of today, Alpha Healthcare Acquisition III's share price is $9.80. Alpha Healthcare Acquisition III's Book Value per Sharefor the quarter that ended in Mar. 2023 was $7.89. Hence, Alpha Healthcare Acquisition III's P/B Ratio of today is 1.24.

Alpha Healthcare Acquisition III Price-to-Tangible-Book Historical Data

The historical data trend for Alpha Healthcare Acquisition III'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 Healthcare Acquisition III Price-to-Tangible-Book Chart

Alpha Healthcare Acquisition III Annual Data
Trend Dec21 Dec22
Price-to-Tangible-Book
1.27 1.31

Alpha Healthcare Acquisition III Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only 1.29 1.29 1.29 1.31 1.29

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

For the Shell Companies subindustry, Alpha Healthcare Acquisition III'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 Healthcare Acquisition III's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

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

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


Alpha Healthcare Acquisition III Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2023 )
=9.80/7.885
=1.24

* 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:

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.

Alpha Healthcare Acquisition III Price-to-Tangible-Book Related Terms

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

Alpha Healthcare Acquisition III (Alpha Healthcare Acquisition III) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Alpha Healthcare Acquisition Corp III (NAS:ALPA) » Definitions » Price-to-Tangible-Book
Comparable Companies
BLNG OLIT NHIC ATAQ ABGI BNNR OCAX ROSE ARYD BLSA GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
1177 Avenue of the Americas, 5th Floor, New York, NY, USA, 10036
Website
Alpha Healthcare Acquisition Corp III is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Rajiv Shukla director, 10 percent owner, officer: Chief Executive Officer EMERALD VIEW SUITE 400, 2054 VISTA PARKWAY, WEST PALM BEACH FL 33411
Patrick A Sturgeon officer: CFO and Secretary 600 LEXINGTON AVENUE 33 FLOOR, NEW YORK NY 10022
William Woodward director ANTHEM VENTURE PARTNERS, 225 ARIZONA AVENUE, SUITE 200, SANTA MONICA CA 90401
Darlene T Deremer director 200 CENTRAL AVENUE, SUITE 1850, ST. PETERSBURG FL 33701
Ahac Sponsor Iii Llc 10 percent owner 1177 AVENUE OF THE AMERICAS, 5TH FLOOR, NEW YORK NY 10036
Eugene L Podsiadlo director C/O ALPHA HEALTHCARE CORP. III, 1177 AVENUE OF THE AMERCIAS 5TH FLOOR, NEW YORK NY 10036