Aster Acquisition (TSXV:ATR.P) Price-to-Tangible-Book : 1.61 (As of Jun. 22, 2024)

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

As of today (2024-06-22), Aster Acquisition's share price is C$0.05. Aster Acquisition's Tangible Book per Share of Nov. 2023 for the quarter that ended in Nov. 2023 was C$0.03. Hence, Aster Acquisition's Price to Tangible Book Ratio of today is 1.61.

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

TSXV:ATR.P' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.61 Med: 2.54 Max: 2.58
Current: 1.67

During the past 3 years, Aster Acquisition's highest Price to Tangible Book Ratio was 2.58. The lowest was 1.61. And the median was 2.54.

TSXV:ATR.P's Price-to-Tangible-Book is ranked better than
54.64% of 474 companies
in the Diversified Financial Services industry
Industry Median: 1.81 vs TSXV:ATR.P: 1.67

A closely related ratio is called PB Ratio. As of today, Aster Acquisition's share price is C$0.05. Aster Acquisition's Book Value per Sharefor the quarter that ended in Nov. 2023 was C$0.03. Hence, Aster Acquisition's P/B Ratio of today is 1.61.

Aster Acquisition Price-to-Tangible-Book Historical Data

The historical data trend for Aster 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.

Aster Acquisition Price-to-Tangible-Book Chart

Aster Acquisition Annual Data

Trend

Nov21

Nov22

Nov23

Price-to-Tangible-Book

2.50

2.58

Aster Acquisition Quarterly Data
	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Price-to-Tangible-Book	Get a 7-Day Free Trial						2.50	3.95	2.86	2.35	2.58

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

For the Shell Companies subindustry, Aster 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.

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

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

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

Aster Acquisition Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Nov. 2023 )
	=	0.05	/	0.031
	=	1.61

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Aster Acquisition Price-to-Tangible-Book Related Terms

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

Aster Acquisition (TSXV:ATR.P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Aster Acquisition Corp (TSXV:ATR.P) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

6647 Fraser Street, Suite 478, Vancouver, BC, CAN, V5X 0K3

Website

Aster Acquisition Corp operates as a capital pool company.

Aster Acquisition (TSXV:ATR.P) Headlines

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