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Altshuler Shaham Financial (XTAE:ALTF) Price-to-Tangible-Book : 35.46 (As of May. 24, 2025)


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What is Altshuler Shaham Financial Price-to-Tangible-Book?

As of today (2025-05-24), Altshuler Shaham Financial's share price is ₪5.531. Altshuler Shaham Financial's Tangible Book per Share of Dec. 2024 for the quarter that ended in Dec. 2024 was ₪0.16. Hence, Altshuler Shaham Financial's Price to Tangible Book Ratio of today is 35.46.

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

XTAE:ALTF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 34.57   Med: 41.31   Max: 41.31
Current: 34.57

During the past 9 years, Altshuler Shaham Financial's highest Price to Tangible Book Ratio was 41.31. The lowest was 34.57. And the median was 41.31.

XTAE:ALTF's Price-to-Tangible-Book is ranked worse than
99.43% of 1586 companies
in the Asset Management industry
Industry Median: 0.92 vs XTAE:ALTF: 34.57

A closely related ratio is called PB Ratio. As of today, Altshuler Shaham Financial's share price is ₪5.531. Altshuler Shaham Financial's Book Value per Sharefor the quarter that ended in Dec. 2024 was ₪2.78. Hence, Altshuler Shaham Financial's P/B Ratio of today is 1.99.


Altshuler Shaham Financial Price-to-Tangible-Book Historical Data

The historical data trend for Altshuler Shaham Financial'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.

Altshuler Shaham Financial Price-to-Tangible-Book Chart

Altshuler Shaham Financial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only - - - - 41.31

Altshuler Shaham Financial Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Price-to-Tangible-Book Get a 7-Day Free Trial 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 - 650.00 50.81 90.48 41.31

Competitive Comparison of Altshuler Shaham Financial's Price-to-Tangible-Book

For the Asset Management subindustry, Altshuler Shaham Financial'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.


Altshuler Shaham Financial's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Altshuler Shaham Financial's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Altshuler Shaham Financial's Price-to-Tangible-Book falls into.


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Altshuler Shaham Financial Price-to-Tangible-Book Calculation

Altshuler Shaham Financial's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2024 )
=5.531/0.156
=35.46

* 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.


Altshuler Shaham Financial Price-to-Tangible-Book Related Terms

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


Altshuler Shaham Financial Business Description

Traded in Other Exchanges
N/A
Address
19A Habarzel Street, Ramat Hachayal, Tel Aviv, ISR, 6971026
Altshuler Shaham Financial Ltd is a manager of provident funds, study and pension funds. It holds a permit to operate provident funds for savings, provident pay and severance pay, central severance pay funds, study funds, central sick pay provident fund, a central provident fund for budgetary pension participation, investment provident funds, and investment provident funds - long-term savings for children (with multiple tracks). The company has two operating segments: The pension fund segment and the Provident fund segment.

Altshuler Shaham Financial Headlines

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