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Alternet Systems (Alternet Systems) PB Ratio : (As of May. 05, 2024)


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What is Alternet Systems 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), Alternet Systems's share price is $0.0017. Alternet Systems's Book Value per Share for the quarter that ended in Jun. 2018 was $-0.03. Hence, Alternet Systems's PB Ratio of today is .

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

ALYI's PB Ratio is not ranked *
in the Software industry.
Industry Median: 2.67
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Alternet Systems PB Ratio Historical Data

The historical data trend for Alternet Systems'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.

Alternet Systems PB Ratio Chart

Alternet Systems Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.50 - - - -

Alternet Systems Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Mar17 Jun17 Mar18 Jun18
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Alternet Systems's PB Ratio

For the Information Technology Services subindustry, Alternet Systems'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.


Alternet Systems's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Alternet Systems's PB Ratio distribution charts can be found below:

* The bar in red indicates where Alternet Systems's PB Ratio falls into.



Alternet Systems 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.

Alternet Systems's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2018)
=0.0017/-0.033
=

* 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.


Alternet Systems  (OTCPK:ALYI) 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.


Alternet Systems PB Ratio Related Terms

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


Alternet Systems (Alternet Systems) Business Description

Traded in Other Exchanges
N/A
Address
5057 Keller Springs Road, Suite 600, Addison, TX, USA, 75001
Alternet Systems Inc is engaged in digital payments and data analytics, micro-segmentation, and marketing intelligence. The company's target markets include the mass consumer goods, payments, financial services, and telecommunications sectors.