Altisource Portfolio Solutions SA

NASDAQ ASPS

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Altisource Portfolio Solutions SA Price to Tangible Book Ratio (P/TB) on June 03, 2024: -0.24

Altisource Portfolio Solutions SA Price to Tangible Book Ratio (P/TB) is -0.24 on June 03, 2024, a 47.36% change year over year. The price to tangible book ratio compares the market price per share of a company's stock to its tangible book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus goodwill and intangible assets, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's tangible assets relative to its market price. A higher ratio suggests that investors are willing to pay a higher price for each unit of tangible book value, indicating positive market sentiment.
  • Altisource Portfolio Solutions SA 52-week high Price to Tangible Book Ratio (P/TB) is -0.19 on April 11, 2024, which is 23.55% above the current Price to Tangible Book Ratio (P/TB).
  • Altisource Portfolio Solutions SA 52-week low Price to Tangible Book Ratio (P/TB) is -0.60 on July 25, 2023, which is -145.83% below the current Price to Tangible Book Ratio (P/TB).
  • Altisource Portfolio Solutions SA average Price to Tangible Book Ratio (P/TB) for the last 52 weeks is -0.38.
NASDAQ: ASPS

Altisource Portfolio Solutions SA

CEO Mr. William B. Shepro
IPO Date Aug. 6, 2009
Location Luxembourg
Headquarters 33, Boulevard Prince Henri, Luxembourg City, Luxembourg, 1724
Employees 1,071
Sector Real Estate
Industry Real estate services
Description

Altisource Portfolio Solutions S.A. operates as an integrated service provider and marketplace for the real estate and mortgage industries in the United States and internationally. It operates through Servicer and Real Estate, and Origination segments. The Servicer and Real Estate segment offers property preservation, inspection, title insurance and settlement, real estate valuation, foreclosure trustee, and residential and commercial construction inspection and risk mitigation services. This segment provides Hubzu, an online real estate auction platform, as well as real estate auction, real estate brokerage, and asset management services; Equator, a software-as-a-service technology to manage real estate owned, short sales, foreclosure, bankruptcy, and eviction processes; a vendor invoicing and payment system; RentRange, a single and multi-family rental data, analytics, and rent-based valuation solution; REALSynergy, a commercial loan servicing platform; and NestRange, an automated residential valuation model and analytics solution. The Origination segment offers loan fulfillment, certification and certification insurance services, management services. In addition, it provides Lendors One Loan Automation, a marketplace to order services and a tool to automate components of the loan manufacturing process; TrelixAI, a technology to manage the workflow and automate components of the loan fulfillment, pre and post close quality, and service transfer processes; and ADMS, a document management and data analytics delivery platform. The company serves financial institutions, government-sponsored enterprises, banks, asset managers, servicers, investors, property management firms, real estate brokerages, insurance companies, mortgage bankers, originators, and correspondent and private money lenders. Altisource Portfolio Solutions S.A. was incorporated in 1999 and is headquartered in Luxembourg City, Luxembourg.

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StockViz Staff

September 19, 2024

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