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Altima Resources (Altima Resources) Price-to-Tangible-Book : (As of Apr. 29, 2024)


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What is Altima Resources Price-to-Tangible-Book?

As of today (2024-04-29), Altima Resources's share price is $0.03792. Altima Resources's Tangible Book per Share of Nov. 2023 for the quarter that ended in Nov. 2023 was $-0.13. Hence, Altima Resources's Price to Tangible Book Ratio of today is .

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

During the past 13 years, Altima Resources's highest Price to Tangible Book Ratio was 1.23. The lowest was 0.20. And the median was 0.60.

ARSLF's Price-to-Tangible-Book is not ranked *
in the Oil & Gas industry.
Industry Median: 1.32
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Altima Resources's share price is $0.03792. Altima Resources's Book Value per Sharefor the quarter that ended in Nov. 2023 was $-0.13. Hence, Altima Resources's P/B Ratio of today is .


Altima Resources Price-to-Tangible-Book Historical Data

The historical data trend for Altima Resources'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.

Altima Resources Price-to-Tangible-Book Chart

Altima Resources Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Feb22 Feb23
Price-to-Tangible-Book
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Altima Resources Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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Competitive Comparison of Altima Resources's Price-to-Tangible-Book

For the Oil & Gas E&P subindustry, Altima Resources'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.


Altima Resources's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Altima Resources's Price-to-Tangible-Book distribution charts can be found below:

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



Altima Resources Price-to-Tangible-Book Calculation

Altima Resources's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Nov. 2023 )
=0.03792/-0.131
=

* 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.


Altima Resources Price-to-Tangible-Book Related Terms

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


Altima Resources (Altima Resources) Business Description

Traded in Other Exchanges
Address
595 Howe Street, Suite 303, Vancouver, BC, CAN, V6C 2T5
Altima Resources Ltd is a junior energy company engaged in the exploration and development of petroleum and natural gas in Canada. The company operates in the petroleum and natural gas industry.

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