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Archon (Archon) PB Ratio : 2.71 (As of May. 02, 2024)


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What is Archon 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 (2024-05-02), Archon's share price is $21.00. Archon's Book Value per Share for the quarter that ended in Dec. 2010 was $7.75. Hence, Archon's PB Ratio of today is 2.71.

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

ARHN's PB Ratio is not ranked *
in the Travel & Leisure industry.
Industry Median: 1.76
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Archon PB Ratio Historical Data

The historical data trend for Archon'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.

Archon PB Ratio Chart

Archon Annual Data
Trend Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07 Sep08 Sep09 Sep10
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.69 143.18 3.58 1.69 1.72

Archon Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10
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 1.54 2.19 1.70 1.72 1.56

Competitive Comparison of Archon's PB Ratio

For the Resorts & Casinos subindustry, Archon'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.


Archon's PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Archon's PB Ratio distribution charts can be found below:

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



Archon 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.

Archon's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2010)
=21.00/7.752
=2.71

* 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.


Archon  (OTCPK:ARHN) 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.


Archon PB Ratio Related Terms

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


Archon (Archon) Business Description

Traded in Other Exchanges
N/A
Address
2200 Casino Drive, Laughlin, NV, USA, 89029
Archon Corp is a United States based company focused on operating the Pioneer Hotel & Gambling Hall in Laughlin through its wholly-owned subsidiary. It is engaged in operating hotel and casino activities. In addition, the company also owns real estates and investment properties.
Executives
Richard J Taggart director VISTEON CORPORATION, ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48111
D. E. Shaw & Co, L.p. 10 percent owner, other: See footnotes 1 and 2. 1166 AVENUE OF THE AMERICAS, NINTH FLOOR, NEW YORK NY 10036
David E Shaw 10 percent owner, other: See footnotes 1 and 2. 120 WEST FORTY-FIFTH STREET, 39TH FLOOR, NEW YORK NY 10036
D. E. Shaw & Co, L.l.c. 10 percent owner, other: See footnotes 1 and 2. 1166 AVENUE OF THE AMERICAS, NINTH FLOOR, NEW YORK NY 10036
D. E. Shaw Laminar Portfolios, L.l.c. 10 percent owner, other: See footnotes 1 and 2. 120 WEST FORTY-FIFTH STREET, 39TH FLOOR, NEW YORK NY 10036

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