AltaGas (ALA.TO) - P/B ratio

P/B ratio as of September 2024 : 1.24

According to AltaGas 's latest financial reports the company has a price-to-book ratio of 1.24.
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.

AltaGas - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.04	20.23%
2022-12-31	0.8676	-13.81%
2021-12-31	1.01	47.39%
2020-12-31	0.6830	-8.83%
2019-12-31	0.7491	49.6%
2018-12-31	0.5007	-53.28%
2017-12-31	1.07	-11.72%
2016-12-31	1.21	12.88%
2015-12-31	1.08	-33.78%
2014-12-31	1.62	-7.83%
2013-12-31	1.76	-0.34%
2012-12-31	1.77	-9.46%
2011-12-31	1.95	32.07%
2010-12-31	1.48	5.46%
2009-12-31	1.40	8.56%
2008-12-31	1.29	-56.46%
2007-12-31	2.97	5.93%
2006-12-31	2.80	-12.25%
2005-12-31	3.19	25.31%
2004-12-31	2.55	27.54%
2003-12-31	2.00	54.78%
2002-12-31	1.29

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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