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Albatros Acquisition (TSXV:ALBT.P) Price-to-Tangible-Book : 0.08 (As of Sep. 26, 2024)


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What is Albatros Acquisition Price-to-Tangible-Book?

As of today (2024-09-26), Albatros Acquisition's share price is C$0.005. Albatros Acquisition's Tangible Book per Share of May. 2024 for the quarter that ended in May. 2024 was C$0.06. Hence, Albatros Acquisition's Price to Tangible Book Ratio of today is 0.08.

The historical rank and industry rank for Albatros Acquisition's Price-to-Tangible-Book or its related term are showing as below:

TSXV:ALBT.P' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.08   Med: 2.67   Max: 3.17
Current: 0.08

During the past 3 years, Albatros Acquisition's highest Price to Tangible Book Ratio was 3.17. The lowest was 0.08. And the median was 2.67.

TSXV:ALBT.P's Price-to-Tangible-Book is ranked better than
99.35% of 462 companies
in the Diversified Financial Services industry
Industry Median: 1.585 vs TSXV:ALBT.P: 0.08

A closely related ratio is called PB Ratio. As of today, Albatros Acquisition's share price is C$0.005. Albatros Acquisition's Book Value per Sharefor the quarter that ended in May. 2024 was C$0.06. Hence, Albatros Acquisition's P/B Ratio of today is 0.08.


Albatros Acquisition Price-to-Tangible-Book Historical Data

The historical data trend for Albatros Acquisition'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.

* Premium members only.

Albatros Acquisition Price-to-Tangible-Book Chart

Albatros Acquisition Annual Data
Trend Aug21 Aug22 Aug23
Price-to-Tangible-Book
- 2.11 3.17

Albatros Acquisition Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.74 3.17 3.17 0.81 0.33

Competitive Comparison of Albatros Acquisition's Price-to-Tangible-Book

For the Shell Companies subindustry, Albatros Acquisition'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.


Albatros Acquisition's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Albatros Acquisition's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Albatros Acquisition's Price-to-Tangible-Book falls into.



Albatros Acquisition Price-to-Tangible-Book Calculation

Albatros Acquisition's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: May. 2024 )
=0.005/0.06
=0.08

* 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.


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.


Albatros Acquisition Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Albatros Acquisition's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Albatros Acquisition Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1100 Rene-Levesque West Boulevard, Suite 2500, 25th Floor, Montreal, QC, CAN, H3B 5C9
Website
Albatros Acquisition Corp Inc is a capital pool company.

Albatros Acquisition Headlines

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