Alpha Price Book Value Ratio from 2010 to 2024

ATGL Stock   1.51  0.24  18.90%   
Alpha Technology Price Book Value Ratio yearly trend continues to be quite stable with very little volatility. Price Book Value Ratio may rise above 25.20 this year. From the period between 2010 and 2024, Alpha Technology, Price Book Value Ratio regression line of its data series had standard deviation of  149.39 and standard deviation of  149.39. View All Fundamentals
 
Price Book Value Ratio  
First Reported
2010-12-31
Previous Quarter
24
Current Value
25.2
Quarterly Volatility
149.38949246
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Alpha Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alpha Technology's main balance sheet or income statement drivers, such as Tax Provision of 304.8 K, Depreciation And Amortization of 930 K or Interest Expense of 76.6 K, as well as many indicators such as Price To Sales Ratio of 111, Dividend Yield of 0.0 or PTB Ratio of 25.2. Alpha financial statements analysis is a perfect complement when working with Alpha Technology Valuation or Volatility modules.
  
Check out the analysis of Alpha Technology Correlation against competitors.

Latest Alpha Technology's Price Book Value Ratio Growth Pattern

Below is the plot of the Price Book Value Ratio of Alpha Technology Group over the last few years. It is Alpha Technology's Price Book Value Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Alpha Technology's overall financial position and show how it may be relating to other accounts over time.
Price Book Value Ratio10 Years Trend
Slightly volatile
   Price Book Value Ratio   
       Timeline  

Alpha Price Book Value Ratio Regression Statistics

Arithmetic Mean(244.66)
Geometric Mean184.53
Coefficient Of Variation(61.06)
Mean Deviation124.25
Median(329.37)
Standard Deviation149.39
Sample Variance22,317
Range356
R-Value0.77
Mean Square Error9,755
R-Squared0.59
Significance0.0008
Slope25.75
Total Sum of Squares312,441

Alpha Price Book Value Ratio History

2024 25.2
2023 24.0
2022 26.67
2021 -122.66

About Alpha Technology Financial Statements

Alpha Technology investors utilize fundamental indicators, such as Price Book Value Ratio, to predict how Alpha Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Price Book Value Ratio 24.00  25.20 

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Additional Information and Resources on Investing in Alpha Stock

When determining whether Alpha Technology is a strong investment it is important to analyze Alpha Technology's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alpha Technology's future performance. For an informed investment choice regarding Alpha Stock, refer to the following important reports:
Check out the analysis of Alpha Technology Correlation against competitors.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is IT Consulting & Other Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alpha Technology. If investors know Alpha will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alpha Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.06)
Revenue Per Share
0.676
Quarterly Revenue Growth
0.559
Return On Assets
(0.12)
Return On Equity
(0.92)
The market value of Alpha Technology is measured differently than its book value, which is the value of Alpha that is recorded on the company's balance sheet. Investors also form their own opinion of Alpha Technology's value that differs from its market value or its book value, called intrinsic value, which is Alpha Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alpha Technology's market value can be influenced by many factors that don't directly affect Alpha Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alpha Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alpha Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alpha Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.