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Alussa Energy Acquisition (Alussa Energy Acquisition) PB Ratio : (As of May. 11, 2024)


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What is Alussa Energy Acquisition 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 (2024-05-11), Alussa Energy Acquisition's share price is $1.98. Alussa Energy Acquisition's Book Value per Share for the fiscal year that ended in Dec. 2020 was $0.00. Hence, Alussa Energy Acquisition's PB Ratio of today is .

The historical rank and industry rank for Alussa Energy Acquisition's PB Ratio or its related term are showing as below:

ALUS.WS' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.71
Current: 1.62

During the past 2 years, Alussa Energy Acquisition's highest PB Ratio was 1.71. The lowest was 0.00. And the median was 0.00.

ALUS.WS's PB Ratio is not ranked
in the Diversified Financial Services industry.
Industry Median: 1.85 vs ALUS.WS: 1.62

During the past 12 months, Alussa Energy Acquisition's average Book Value Per Share Growth Rate was -25.10% per year.

Back to Basics: PB Ratio


Alussa Energy Acquisition PB Ratio Historical Data

The historical data trend for Alussa Energy Acquisition'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.

Alussa Energy Acquisition PB Ratio Chart

Alussa Energy Acquisition Annual Data
Trend Dec19 Dec20
PB Ratio
- -

Alussa Energy Acquisition Semi-Annual Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
PB Ratio Get a 7-Day Free Trial - - - - -

Competitive Comparison of Alussa Energy Acquisition's PB Ratio

For the Shell Companies subindustry, Alussa Energy Acquisition'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.


Alussa Energy Acquisition's PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Alussa Energy Acquisition's PB Ratio distribution charts can be found below:

* The bar in red indicates where Alussa Energy Acquisition's PB Ratio falls into.



Alussa Energy Acquisition 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.

Alussa Energy Acquisition's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (A: Dec. 2020)
=1.98/
=

* 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.


Alussa Energy Acquisition  (NYSE:ALUS.WS) 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.


Alussa Energy Acquisition PB Ratio Related Terms

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Alussa Energy Acquisition (Alussa Energy Acquisition) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
71 Fort Street, PO Box 500, Grand Cayman, CYM, KY1 -1106
Alussa Energy Acquisition Corp is a blank check company.

Alussa Energy Acquisition (Alussa Energy Acquisition) Headlines

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