GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Atlas One Capital Corp (TSXV:ACAP.P) » Definitions » PB Ratio

Atlas One Capital (TSXV:ACAP.P) PB Ratio : 0.36 (As of Jun. 23, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Atlas One Capital 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 (2024-06-23), Atlas One Capital's share price is C$0.01. Atlas One Capital's Book Value per Share for the quarter that ended in Mar. 2024 was C$0.03. Hence, Atlas One Capital's PB Ratio of today is 0.36.

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

TSXV:ACAP.P' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.88
Current: 0.54

During the past 2 years, Atlas One Capital's highest PB Ratio was 2.88. The lowest was 0.00. And the median was 0.00.

TSXV:ACAP.P's PB Ratio is ranked better than
92.21% of 488 companies
in the Diversified Financial Services industry
Industry Median: 1.78 vs TSXV:ACAP.P: 0.54

During the past 12 months, Atlas One Capital's average Book Value Per Share Growth Rate was -24.30% per year.

Back to Basics: PB Ratio


Atlas One Capital PB Ratio Historical Data

The historical data trend for Atlas One Capital'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 One Capital PB Ratio Chart

Atlas One Capital Annual Data
Trend Dec22 Dec23
PB Ratio
2.38 0.52

Atlas One Capital Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio Get a 7-Day Free Trial Premium Member Only 2.57 2.88 2.97 0.52 0.54

Competitive Comparison of Atlas One Capital's PB Ratio

For the Shell Companies subindustry, Atlas One Capital'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 One Capital's PB Ratio Distribution in the Diversified Financial Services Industry

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

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



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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=0.01/0.028
=0.36

* 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 One Capital  (TSXV:ACAP.P) 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 One Capital PB Ratio Related Terms

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


Atlas One Capital (TSXV:ACAP.P) Business Description

Traded in Other Exchanges
N/A
Address
20 Holly Street, Suite 300, Toronto, ON, CAN, M4S 3B1
Website
Atlas One Capital Corp is a Capital Pool Company.

Atlas One Capital (TSXV:ACAP.P) Headlines

No Headlines