GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Achari Ventures Holdings Corp I (OTCPK:AVHI) » Definitions » PB Ratio

Achari Ventures Holdings I (Achari Ventures Holdings I) PB Ratio : (As of May. 12, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Achari Ventures Holdings I 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 (2024-05-12), Achari Ventures Holdings I's share price is $11.07. Achari Ventures Holdings I's Book Value per Share for the quarter that ended in Dec. 2023 was $-0.55. Hence, Achari Ventures Holdings I's PB Ratio of today is .

The historical rank and industry rank for Achari Ventures Holdings I's PB Ratio or its related term are showing as below:

During the past 3 years, Achari Ventures Holdings I's highest PB Ratio was 21.18. The lowest was 0.00. And the median was 0.00.

AVHI's PB Ratio is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.85
* Ranked among companies with meaningful PB Ratio only.

During the past 12 months, Achari Ventures Holdings I's average Book Value Per Share Growth Rate was -131.20% per year.

Back to Basics: PB Ratio


Achari Ventures Holdings I PB Ratio Historical Data

The historical data trend for Achari Ventures Holdings I'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.

Achari Ventures Holdings I PB Ratio Chart

Achari Ventures Holdings I Annual Data
Trend Dec21 Dec22 Dec23
PB Ratio
1.28 5.77 -

Achari Ventures Holdings I Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.77 7.50 8.59 - -

Competitive Comparison of Achari Ventures Holdings I's PB Ratio

For the Shell Companies subindustry, Achari Ventures Holdings I'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.


Achari Ventures Holdings I's PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Achari Ventures Holdings I's PB Ratio distribution charts can be found below:

* The bar in red indicates where Achari Ventures Holdings I's PB Ratio falls into.



Achari Ventures Holdings I 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.

Achari Ventures Holdings I's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=11.07/-0.552
=

* 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.


Achari Ventures Holdings I  (OTCPK:AVHI) 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.


Achari Ventures Holdings I PB Ratio Related Terms

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


Achari Ventures Holdings I (Achari Ventures Holdings I) Business Description

Traded in Other Exchanges
N/A
Address
60 Walnut Avenue, Suite 400, Clark, NJ, USA, 07066
Achari Ventures Holdings Corp I is a blank check company.
Executives
Mark Pelson director PROVIDENCE EQUITY, 50 KENNEDY PLAZA, PROVIDENCE RI 02903
Harry Demott director C/O WORKHORSE GROUP INC.,, 100 COMMERCE DRIVE, LOVELAND OH 45140
Kevin K. Albert director 4146 STATE ROUTE 66, MALDEN BRIDGE NY 12115
Achari Sponsor Holdings I Llc 10 percent owner 60 WALNUT AVENUE, SUITE 400, CLARK NJ 07066
Mitchell Hara officer: Chief Financial Officer 60 WALNUT AVENUE, SUITE 400, CLARK NJ 07066
Merrick Friedman director, officer: Chief Investment Officer 60 WALNUT AVENUE, SUITE 400, CLARK NJ 07066
Timothy Seymour director 60 WALNUT AVENUE, SUITE 400, CLARK NJ 07066
Vikas Desai director, officer: Chief Executive Officer 60 WALNUT AVENUE, SUITE 400, CLARK NJ 07066
Seth W Farbman director 40 WALNUT AVE., SUITE 400, CLARK NJ 07066