GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » AlTi Global Inc (NAS:ALTI) » Definitions » PB Ratio

AlTi Global (AlTi Global) PB Ratio : 0.86 (As of May. 05, 2024)


View and export this data going back to 2023. Start your Free Trial

What is AlTi Global PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-05), AlTi Global's share price is $4.50. AlTi Global's Book Value per Share for the quarter that ended in Dec. 2023 was $5.25. Hence, AlTi Global's PB Ratio of today is 0.86.

The historical rank and industry rank for AlTi Global's PB Ratio or its related term are showing as below:

ALTI' s PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.13   Max: 41.64
Current: 0.86

During the past 5 years, AlTi Global's highest PB Ratio was 41.64. The lowest was 0.68. And the median was 1.13.

ALTI's PB Ratio is ranked better than
68.55% of 1695 companies
in the Asset Management industry
Industry Median: 0.94 vs ALTI: 0.86

During the past 12 months, AlTi Global's average Book Value Per Share Growth Rate was 1622.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 53.90% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of AlTi Global was 53.90% per year. The lowest was -40.50% per year. And the median was 6.70% per year.

Back to Basics: PB Ratio


AlTi Global PB Ratio Historical Data

The historical data trend for AlTi Global's PB Ratio 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.

AlTi Global PB Ratio Chart

AlTi Global Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
- - - - 1.67

AlTi Global Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio 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 - 1.96 1.02 1.18 1.67

Competitive Comparison of AlTi Global's PB Ratio

For the Asset Management subindustry, AlTi Global's PB Ratio, along with its competitors' market caps and PB Ratio 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.


AlTi Global's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, AlTi Global's PB Ratio distribution charts can be found below:

* The bar in red indicates where AlTi Global's PB Ratio falls into.



AlTi Global PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

AlTi Global's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=4.50/5.252
=0.86

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


AlTi Global  (NAS:ALTI) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


AlTi Global PB Ratio Related Terms

Thank you for viewing the detailed overview of AlTi Global's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


AlTi Global (AlTi Global) Business Description

Traded in Other Exchanges
N/A
Address
520 Madison Avenue, 21st Floor, New York, NY, USA, 10022
AlTi Global Inc is an independent wealth and asset manager providing entrepreneurs, multi-generational families, institutions, and emerging next-generation leaders with fiduciary capabilities as well as alternative investment strategies and advisory services. The firm manages or advises on approximately $60 billion in combined assets and has an expansive network with over 400 professionals across four continents.
Executives
Norma Corio director C/O GO ACQUISITION CORP., 450 W 14TH ST, NEW YORK NY 10014
Reid Parmelee officer: Chief Financial Officer ALTI GLOBAL, INC., 520 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Global Goldfield Ltd 10 percent owner 22/F SOUTH CHINA BUILDING, 1-3 WYNDHAM STREET, CENTRAL, HONG KONG K3 00000
Sai Hong Yeung 10 percent owner 22/F SOUTH CHINA BUILDING, 1-3 WYNDHAM STREET, CENTRAL, HONG KONG F4 000000
Ilwaddi Cayman Holdings 10 percent owner C/O GELLER ADVISORS, 909 THIRD AVENUE, NEW YORK NY 10022
Jassim Abdulaziz Al-thani 10 percent owner C/O GELLER ADVISORS, 909 THIRD AVENUE, NEW YORK NY 10022
Graham Colleen A officer: Global General Counsel BOSTON PRIVATE FINANCIAL HOLDINGS, INC., TEN POST OFFICE SQUARE, BOSTON MA 02109
Elias Diaz-sese director 5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Gregory R. Armstrong director, officer: Chief Financial Officer C/O CARTESIAN GROWTH CORPORATION, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Peter Yu 10 percent owner C/O CARTESIAN CAPITAL GROUP, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Bertrand P. Grabowski director C/O CARTESIAN GROWTH CORPORATION, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Daniel Jeremy Karp director C/O CARTESIAN GROWTH CORPORATION, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Drew Figdor 10 percent owner C/O ALVARIUM TIEDEMANN HOLDINGS, INC., 520 MADISON AVENUE, 26TH FLOOR, NEW YORK NY 10022
Alison Trauttmansdorff officer: Chief Human Resources Officer C/O ALVARIUM TIEDEMANN HOLDINGS, INC., 520 MADISON AVENUE, 26TH FLOOR, NEW YORK NY 10022
Spiros Maliagros director C/O ALVARIUM TIEDEMANN HOLDINGS, INC., 520 MADISON AVENUE, 26TH FLOOR, NEW YORK NY 10022