Alaris Equity Partnersome Trust (TSX:AD.UN) Price-to-Tangible-Book : 0.73 (As of Apr. 26, 2024)

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What is Alaris Equity Partnersome Trust Price-to-Tangible-Book?

As of today (2024-04-26), Alaris Equity Partnersome Trust's share price is C$15.49. Alaris Equity Partnersome Trust's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$21.12. Hence, Alaris Equity Partnersome Trust's Price to Tangible Book Ratio of today is 0.73.

The historical rank and industry rank for Alaris Equity Partnersome Trust's Price-to-Tangible-Book or its related term are showing as below:

TSX:AD.UN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.73 Med: 1.17 Max: 2.17
Current: 0.73

During the past 13 years, Alaris Equity Partnersome Trust's highest Price to Tangible Book Ratio was 2.17. The lowest was 0.73. And the median was 1.17.

TSX:AD.UN's Price-to-Tangible-Book is ranked better than
79.61% of 1623 companies
in the Asset Management industry
Industry Median: 0.93 vs TSX:AD.UN: 0.73

A closely related ratio is called PB Ratio. As of today, Alaris Equity Partnersome Trust's share price is C$15.49. Alaris Equity Partnersome Trust's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$21.12. Hence, Alaris Equity Partnersome Trust's P/B Ratio of today is 0.73.

Alaris Equity Partnersome Trust Price-to-Tangible-Book Historical Data

The historical data trend for Alaris Equity Partnersome Trust'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.

Alaris Equity Partnersome Trust Price-to-Tangible-Book Chart

Alaris Equity Partnersome Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.33

0.97

1.08

0.81

0.77

Alaris Equity Partnersome Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.81	0.85	0.77	0.66	0.77

Competitive Comparison of Alaris Equity Partnersome Trust's Price-to-Tangible-Book

For the Asset Management subindustry, Alaris Equity Partnersome Trust'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.

Alaris Equity Partnersome Trust's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Alaris Equity Partnersome Trust's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Alaris Equity Partnersome Trust's Price-to-Tangible-Book falls into.

Alaris Equity Partnersome Trust Price-to-Tangible-Book Calculation

Alaris Equity Partnersome Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	15.49	/	21.118
	=	0.73

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.

Alaris Equity Partnersome Trust Price-to-Tangible-Book Related Terms

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

Alaris Equity Partnersome Trust (TSX:AD.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Alaris Equity Partners Income Trust (TSX:AD.UN) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

ADLRF:USA

Address

250, 333 - 24th Avenue South West, Calgary, AB, CAN, T2S 3E6

Website

https://www.alarisequitypartners.com

Alaris Equity Partners Income Trust is an open-ended trust. The Trust, through its subsidiaries, indirectly provides alternative financing to private companies (Partners) in exchange for distributions with the principal objective of generating stable and predictable cash flows for payment of distributions to unitholders of the Trust. Distributions from the Partners are adjusted each year based on the percentage change of a top-line financial performance measure such as gross margin and same-store sales and rank in priority to the owner's common equity position.

Alaris Equity Partnersome Trust (TSX:AD.UN) Headlines

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