Altagas Stock Book Value Per Share

ATGFF Stock  USD 22.98  0.29  1.28%   
AltaGas fundamentals help investors to digest information that contributes to AltaGas' financial success or failures. It also enables traders to predict the movement of AltaGas Pink Sheet. The fundamental analysis module provides a way to measure AltaGas' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to AltaGas pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

AltaGas Company Book Value Per Share Analysis

AltaGas' Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Book Value per Share

 = 

Common Equity

Average Shares

More About Book Value Per Share | All Equity Analysis

Current AltaGas Book Value Per Share

    
  24.88 X  
Most of AltaGas' fundamental indicators, such as Book Value Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, AltaGas is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Competition

In accordance with the recently published financial statements, the book value per share of AltaGas is about 24.876 times. This is 75.06% higher than that of the Gas Utilities sector and significantly higher than that of the Utilities industry. The book value per share for all United States stocks is 98.71% higher than that of the company.

AltaGas Book Value Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses AltaGas' direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of AltaGas could also be used in its relative valuation, which is a method of valuing AltaGas by comparing valuation metrics of similar companies.
AltaGas is currently under evaluation in book value per share category among its peers.

AltaGas Fundamentals

About AltaGas Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze AltaGas's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AltaGas using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AltaGas based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in AltaGas Pink Sheet

AltaGas financial ratios help investors to determine whether AltaGas Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in AltaGas with respect to the benefits of owning AltaGas security.