ALIT (Alight) PB Ratio

ALIT (Alight) PB Ratio : 0.85 (As of Jan. 31, 2025)

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What is Alight PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2025-01-31), Alight's share price is $6.91. Alight's Book Value per Share for the quarter that ended in Sep. 2024 was $8.12. Hence, Alight's PB Ratio of today is 0.85.

Good Sign:

Alight Inc stock PB Ratio (=0.85) is close to 1-year low of 0.81

The historical rank and industry rank for Alight's PB Ratio or its related term are showing as below:

ALIT' s PB Ratio Range Over the Past 10 Years
Min: 0.71 Med: 0.95 Max: 8.41
Current: 0.85

During the past 6 years, Alight's highest PB Ratio was 8.41. The lowest was 0.71. And the median was 0.95.

ALIT's PB Ratio is ranked better than
89.15% of 2554 companies
in the Software industry
Industry Median: 2.83 vs ALIT: 0.85

During the past 12 months, Alight's average Book Value Per Share Growth Rate was -11.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 79.10% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Alight was 79.10% per year. The lowest was 72.70% per year. And the median was 75.90% per year.

Back to Basics: PB Ratio

Alight PB Ratio Historical Data

The historical data trend for Alight's PB Ratio 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.

Alight PB Ratio Chart

Alight Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

1.21

0.90

0.97

Alight Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
PB Ratio	Get a 7-Day Free Trial															0.78	0.97	1.20	0.89	0.91

Competitive Comparison of Alight's PB Ratio

For the Software - Application subindustry, Alight's PB Ratio, along with its competitors' market caps and PB Ratio 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.

Alight's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Alight's PB Ratio distribution charts can be found below:

* The bar in red indicates where Alight's PB Ratio falls into.

Alight PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Alight's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2024)
	=	6.91	/	8.118
	=	0.85

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Alight (NYSE:ALIT) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Alight PB Ratio Related Terms

Thank you for viewing the detailed overview of Alight's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Alight Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Alight Inc (NYSE:ALIT) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

A9L0:Germany

Address

4 Overlook Point, Lincolnshire, IL, USA, 60069

Website

https://www.alight.com

Alight Inc is a provider of integrated, cloud-based human capital solutions that empower clients and employees to manage health, wealth and HR needs. Geographically, the company generates a majority of its revenue from the United States.

Executives

Gregory R Goff	officer: See Remarks	C/O MORNINGSTAR, INC., 22 WEST WASHINGTON STREET, CHICAGO IL 60602
Gregory A. George	officer: Chief Commercial Officer	4 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Foley William P Ii	director	FIDELITY NATIONAL FINANCIAL, INC., 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Katie J. Rooney	officer: Chief Financial Officer	C/O ALIGHT INC., 4 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Stephan Scholl	director, officer: Chief Executive Officer	4 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Dinesh V Tulsiani	officer: Chief Strategy Officer	C/O ALIGHT, INC., 1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 89134
Richard N Massey	director, officer: Chief Executive Officer	900 S. SHACKLEFORD ROAD, SUITE 401, LITTLE ROCK AR 72211
Blackstone Management Associates Vii Nq L.l.c.	10 percent owner	C/O THE BLACKSTONE GROUP L.P., 345 PARK AVENUE, NEW YORK NY 10154
Bx Tempo Ml Holdco 1 L.p.	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings I/ii Gp L.l.c.	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Kausik Rajgopal	director	4 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Lenore D Williams	director	601 RIVERSIDE AVE, JACKSONVILLE FL 32204
Martin Felli	officer: See Remarks	4 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Blackstone Capital Partners Vii.2 (ipo) Nq L.p.	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bx Tempo Ml Holdco 1 Gp L.l.c.	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154