Alignment Healthcare (ALHC)

P/B ratio as of September 2024 : 17.4

According to Alignment Healthcare's latest financial reports the company has a price-to-book ratio of 17.4.
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.

Alignment Healthcare - P/B ratio (from 2021 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	10.3	11.93%
2022-12-31	9.20	6.98%
2021-12-31	8.60
2020-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Sotera Health SHC	11.1	-36.28%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Alignment Healthcare (ALHC) - P/B ratio