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Corner Growth Acquisition (Corner Growth Acquisition) Book Value per Share

: $-0.77 (As of Dec. 2023)
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Corner Growth Acquisition's book value per share for the quarter that ended in Dec. 2023 was $-0.77.

During the past 12 months, Corner Growth Acquisition's average Book Value Per Share Growth Rate was -233.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

Corner Growth Acquisition's current price is $11.01. Its book value per share for the quarter that ended in Dec. 2023 was $-0.77. Hence, today's PB Ratio of Corner Growth Acquisition is .

During the past 4 years, the highest P/B Ratio of Corner Growth Acquisition was 78.46. The lowest was 0.00. And the median was 0.00.


Corner Growth Acquisition Book Value per Share Historical Data

The historical data trend for Corner Growth Acquisition's Book Value per Share 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.

Corner Growth Acquisition Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Book Value per Share
7.34 7.45 0.58 -0.77

Corner Growth Acquisition Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Book Value per Share Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.58 0.36 -0.51 -0.45 -0.77

Competitive Comparison

For the Shell Companies subindustry, Corner Growth Acquisition'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.


Corner Growth Acquisition PB Ratio Distribution

For the Diversified Financial Services industry and Financial Services sector, Corner Growth Acquisition's PB Ratio distribution charts can be found below:

* The bar in red indicates where Corner Growth Acquisition's PB Ratio falls into.



Corner Growth Acquisition Book Value per Share Calculation

Corner Growth Acquisition's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(-8.03-0.00)/10.42
=-0.77

Corner Growth Acquisition's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(-8.03-0.00)/10.42
=-0.77

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Corner Growth Acquisition  (NAS:COOL) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Corner Growth Acquisition Book Value per Share Related Terms

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Corner Growth Acquisition (Corner Growth Acquisition) Business Description

Traded in Other Exchanges
Address
251 Lytton Avenue, Suite 200, Palo Alto, CA, USA, 94301
Corner Growth Acquisition Corp is a blank check company.
Executives
John J. Cadeddu director, 10 percent owner 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
Alexandre Balkanski director 2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Jason Park director 222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Marvin Tien director, officer: Chief Executive Officer C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
Cga Sponsor, Llc 10 percent owner 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
Jane Batzofin officer: President C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
David Kutcher officer: Chief Financial Officer C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
John Mulkey director C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
Kevin Tanaka officer: DCD C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301