Alta Equipment Group
ALTG
$11.71
Share price
-0.34%
Change (1 day)
-16.95%
Change (1 year)
Categories
Alta Equipment Group (ALTG) - P/B ratio
P/B ratio as of April 2024 : 2.57
According to Alta Equipment Group's latest financial reports the company has a price-to-book ratio of 2.57.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
Alta Equipment Group - P/B ratio (from 2019 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 2.67 | -11.95% |
| 2022-12-31 | 3.04 | -13.64% |
| 2021-12-31 | 3.52 | 86.08% |
| 2020-12-31 | 1.89 | 84.36% |
| 2019-12-31 | 1.03 | |
| 2018-12-31 | N/A |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Ritchie Bros. Auctioneers
RBA | 3.54 | 37.57% | 🇨🇦 Canada |
 MSC Industrial Direct MSM | 3.76 | 45.84% | 🇺🇸 USA |