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Atlas Mara (CHIX:ATMAL) PB Ratio : 0.24 (As of May. 20, 2024)


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What is Atlas Mara 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 (2024-05-20), Atlas Mara's share price is $0.454. Atlas Mara's Book Value per Share for the quarter that ended in Jun. 2020 was $1.92. Hence, Atlas Mara's PB Ratio of today is 0.24.

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

CHIX:ATMAl's PB Ratio is not ranked *
in the Banks industry.
Industry Median: 0.86
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Atlas Mara PB Ratio Historical Data

The historical data trend for Atlas Mara'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.

Atlas Mara PB Ratio Chart

Atlas Mara Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
PB Ratio
Get a 7-Day Free Trial - 0.30 0.52 0.44 0.40

Atlas Mara Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.55 0.44 0.45 0.40 0.25

Competitive Comparison of Atlas Mara's PB Ratio

For the Banks - Regional subindustry, Atlas Mara'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.


Atlas Mara's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Atlas Mara's PB Ratio distribution charts can be found below:

* The bar in red indicates where Atlas Mara's PB Ratio falls into.



Atlas Mara 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.

Atlas Mara's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2020)
=0.454/1.918
=0.24

* 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.


Atlas Mara  (CHIX:ATMAl) 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.


Atlas Mara PB Ratio Related Terms

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


Atlas Mara (CHIX:ATMAL) Business Description

Traded in Other Exchanges
N/A
Address
Ritter House, 6th Floor, Wickhams Cay II, PO Box 4041, Tortola, Road Town, VGB, VG1110
Atlas Mara Ltd is a London-listed financial services group engaged in banking operations. It provides corporate and retail financial services to corporations, small-and-medium-sized enterprises and individuals. Its segments include Nigeria; Botswana; and Zimbabwe. The bank generates most of the revenue from Botswana segment.

Atlas Mara (CHIX:ATMAL) Headlines

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