GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Atlas Arteria Ltd (ASX:ALX) » Definitions » Price-to-Tangible-Book

Atlas Arteria (ASX:ALX) Price-to-Tangible-Book : 6.23 (As of Apr. 25, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Atlas Arteria Price-to-Tangible-Book?

As of today (2024-04-25), Atlas Arteria's share price is A$5.38. Atlas Arteria's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.86. Hence, Atlas Arteria's Price to Tangible Book Ratio of today is 6.23.

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

ASX:ALX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.99   Med: 3.32   Max: 7.24
Current: 6.26

During the past 13 years, Atlas Arteria's highest Price to Tangible Book Ratio was 7.24. The lowest was 1.99. And the median was 3.32.

ASX:ALX's Price-to-Tangible-Book is ranked worse than
89.26% of 1499 companies
in the Construction industry
Industry Median: 1.33 vs ASX:ALX: 6.26

A closely related ratio is called PB Ratio. As of today, Atlas Arteria's share price is A$5.38. Atlas Arteria's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$2.32. Hence, Atlas Arteria's P/B Ratio of today is 2.32.


Atlas Arteria Price-to-Tangible-Book Historical Data

The historical data trend for Atlas Arteria'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.

Atlas Arteria Price-to-Tangible-Book Chart

Atlas Arteria Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.24 4.14 4.80 2.23 6.70

Atlas Arteria Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 4.80 6.38 2.23 2.08 6.70

Competitive Comparison of Atlas Arteria's Price-to-Tangible-Book

For the Infrastructure Operations subindustry, Atlas Arteria'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.


Atlas Arteria's Price-to-Tangible-Book Distribution in the Construction Industry

For the Construction industry and Industrials sector, Atlas Arteria's Price-to-Tangible-Book distribution charts can be found below:

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



Atlas Arteria Price-to-Tangible-Book Calculation

Atlas Arteria's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=5.38/0.863
=6.23

* 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.


Atlas Arteria Price-to-Tangible-Book Related Terms

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


Atlas Arteria (ASX:ALX) Business Description

Traded in Other Exchanges
Address
180 Flinders Street, Level 1, Melbourne, VIC, AUS, 3000
Atlas Arteria is a global toll-road investor created out of the reorganisation of Macquarie Infrastructure Group in 2010. The firm's main asset is a 31.1% stake in Autoroutes Paris-Rhin-Rhone, or APRR. APRR owns concessions to toll more than 2,300 kilometres of motorways in eastern France, most ending late 2035. The firm also wholly owns the Dulles Greenway and 66.7% of the Chicago Skyway, both in the U.S.