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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.
Apax Global Alpha Price-to-Tangible-Book Related Terms
Apax Global Alpha Price-to-Tangible-Book Historical Data
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The historical data trend for Apax Global Alpha's Price-to-Tangible-Book 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.
CHIX:APAXL vs BLK, BX, KKR: Price-to-Tangible-Book Comparison
For the Asset Management subindustry, Apax Global Alpha's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.
Apax Global Alpha Price-to-Tangible-Book vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Apax Global Alpha's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Apax Global Alpha's Price-to-Tangible-Book falls into.
* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Apax Global Alpha (CHIX:APAXL) has a Price-to-Tangible-Book of 0.73 as of Sep. 10, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Apax Global Alpha and its competitors.
Is Apax Global Alpha's Price-to-Tangible-Book too high?
Apax Global Alpha's current Price-to-Tangible-Book is 0.73. The Asset Management industry median Price-to-Tangible-Book is 0.94. Apax Global Alpha's value of 0.73 is 22.3% below this industry median. Overall, Apax Global Alpha has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Apax Global Alpha's Price-to-Tangible-Book compare to BLK and BX?
Apax Global Alpha's Price-to-Tangible-Book of 0.73 can be compared against companies in the Asset Management industry. The industry median Price-to-Tangible-Book is 0.94. Apax Global Alpha's value of 0.73 is 22.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for an Asset Management company?
The median Price-to-Tangible-Book among Asset Management companies is 0.94, based on 1,521 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Apax Global Alpha's current Price-to-Tangible-Book of 0.73 is 22.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Apax Global Alpha and its competitors. For the Asset Management industry, the median Price-to-Tangible-Book is 0.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apax Global Alpha's current Price-to-Tangible-Book is 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apax Global Alpha stock overvalued right now?
Apax Global Alpha (CHIX:APAXL) has a current Price-to-Tangible-Book of 0.73. The current Price-to-Tangible-Book is 0.73 and 22.3% below the Asset Management industry median of 0.94. Apax Global Alpha's overall GF Score™ is 8/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Apax Global Alpha (CHIX:APAXL), the current Price-to-Tangible-Book is 0.73 as of Sep. 10, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Apax Global Alpha Ltd is a closed-ended investment company that invests in a diversified portfolio of private equity funds and Derived Investments. The company's investment objective is to provide shareholders with capital appreciation from its investment portfolio and regular dividends. The segments of the company are Private Equity Investments, Debt Investments, Derived Equity, and Central Functions. Geographically, it derives a majority of its revenue from North America.
8GF Score
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