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Edify Acquisition (Edify Acquisition) Book Value per Share : $0.39 (As of Sep. 2023)


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What is Edify Acquisition Book Value per Share?

Edify Acquisition's book value per share for the quarter that ended in Sep. 2023 was $0.39.

During the past 12 months, Edify Acquisition's average Book Value Per Share Growth Rate was -95.00% 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.

Edify Acquisition's current price is $10.65. Its book value per share for the quarter that ended in Sep. 2023 was $0.39. Hence, today's PB Ratio of Edify Acquisition is 27.66.

During the past 3 years, the highest P/B Ratio of Edify Acquisition was 29.61. The lowest was 0.00. And the median was 0.00.


Edify Acquisition Book Value per Share Historical Data

The historical data trend for Edify 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.

Edify Acquisition Book Value per Share Chart

Edify Acquisition Annual Data
Trend Dec20 Dec21 Dec22
Book Value per Share
- 7.44 1.02

Edify Acquisition Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.71 1.02 1.29 1.25 0.39

Competitive Comparison of Edify Acquisition's Book Value per Share

For the Shell Companies subindustry, Edify 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.


Edify Acquisition's PB Ratio Distribution in the Diversified Financial Services Industry

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

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



Edify Acquisition Book Value per Share Calculation

Edify Acquisition's Book Value Per Share for the fiscal year that ended in Dec. 2022 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(9.01-0.00)/8.87
=1.02

Edify Acquisition's Book Value Per Share for the quarter that ended in Sep. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(3.04-0.00)/7.89
=0.39

* 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.


Edify Acquisition  (NAS:EAC) 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.


Edify Acquisition Book Value per Share Related Terms

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Edify Acquisition (Edify Acquisition) Business Description

Traded in Other Exchanges
Address
888 7th Avenue, Floor 29, New York, NY, USA, 10106
Edify Acquisition Corp is a blank check company.
Executives
Peter Ma officer: Chief Executive Officer 888 7TH AVENUE, FLOOR 29, NEW YORK NY 10106
Rosamund M. Elsie-mitchell director 888 7TH AVENUE, FLOOR 29, NEW YORK NY 10106
Ronald H. Schlosser director 888 7TH AVENUE, FLOOR 29, NEW YORK NY 10106
Susan Wolford director 888 7TH AVENUE, FLOOR 29, NEW YORK NY 10106
Morris Beyda officer: Chief Financial Officer 888 7TH AVENUE, FLOOR 29, NEW YORK NY 10106
Jason Colodne director, 10 percent owner 888 7TH AVENUE, FLOOR 29, NEW YORK NY 10106
Jason Beckman director, 10 percent owner 888 7TH AVENUE, FLOOR 29, NEW YORK NY 10106
Colbeck Edify Holdings, Llc 10 percent owner 888 7TH AVENUE, FLOOR 29, NEW YORK NY 10106