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Altaba Inc  (NAS:AABA) PB Ratio: 1.00 (As of Today)

As of today, Altaba Inc's share price is $61.91. Altaba Inc's Book Value per Share for the fiscal year that ended in Dec. 2018 was $61.95. Hence, Altaba Inc's P/B Ratio of today is 1.00.

Good Sign:

Altaba Inc stock PB Ratio (=1.04) is close to 3-year low of 1.04

NAS:AABA' s PB Ratio Range Over the Past 10 Years
Min: 0.7   Max: 4.01
Current: 1.01

0.7
4.01

During the past 13 years, Altaba Inc's highest P/B Ratio was 4.01. The lowest was 0.70. And the median was 1.71.

NAS:AABA's PB Ratio is ranked lower than
64% of the 1181 Companies
in the Global industry.

( Industry Median: 0.99 vs. NAS:AABA: 1.01 )

During the past 12 months, Altaba Inc's average Book Value Per Share Growth Rate was -5.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 26.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 30.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 25.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Altaba Inc was 355.40% per year. The lowest was 9.20% per year. And the median was 26.20% per year.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Altaba Inc Annual Data

Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
PB Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.22 1.08 1.19 1.07 0.94

Altaba Inc Semi-Annual Data

Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Dec17 Jun18 Dec18
PB Ratio 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 Premium Member Only Premium Member Only Premium Member Only 1.26 1.19 0.92 0.94 0.94

Competitive Comparison
* 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.


Altaba Inc Distribution

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



Calculation

Altaba Inc's P/B ratio for today is calculated as follows:

P/B Ratio=Share Price/Book Value per Share (A: Dec. 2018)
=61.91/61.953
=1.00

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 Price-to-Book Ratio is that book value other than intangibles are used in the calculation.


Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PS Ratio or Price-to-Free-Cash-Flow, the Price-to-Book Ratio measures the valuation of the stock relative to the underlying asset of the company.

The Price-to-Book 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 Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


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