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AIB Acquisition (AIB Acquisition) PB Ratio : 6.84 (As of May. 06, 2024)


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What is AIB Acquisition 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 (2024-05-06), AIB Acquisition's share price is $11.75. AIB Acquisition's Book Value per Share for the quarter that ended in Dec. 2023 was $1.72. Hence, AIB Acquisition's PB Ratio of today is 6.84.

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

AIB' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 7
Current: 6.84

During the past 3 years, AIB Acquisition's highest PB Ratio was 7.00. The lowest was 0.00. And the median was 0.00.

AIB's PB Ratio is ranked worse than
86.23% of 530 companies
in the Diversified Financial Services industry
Industry Median: 1.85 vs AIB: 6.84

During the past 12 months, AIB Acquisition's average Book Value Per Share Growth Rate was -77.40% per year.

Back to Basics: PB Ratio


AIB Acquisition PB Ratio Historical Data

The historical data trend for AIB Acquisition'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.

AIB Acquisition PB Ratio Chart

AIB Acquisition Annual Data
Trend Dec21 Dec22 Dec23
PB Ratio
- 1.34 6.69

AIB Acquisition Quarterly Data
Jul21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.34 5.35 5.80 6.31 6.69

Competitive Comparison of AIB Acquisition's PB Ratio

For the Shell Companies subindustry, AIB 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.


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

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

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



AIB Acquisition 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.

AIB Acquisition's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=11.75/1.718
=6.84

* 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.

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

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.


AIB Acquisition  (NAS:AIB) 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.


AIB Acquisition PB Ratio Related Terms

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AIB Acquisition (AIB Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
875 Third Avenue, Suite M204A, New York, NY, USA, 10022
Website
AIB Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses.
Executives
Merry Tang director GZTY CPA GROUP, LLC, 52 BRIDGE STREET, METUCHEN NJ 08840
Jie Gao officer: Chief Financial Officer 16F, SHIHAO SQUARE, MIDDLE JIANNAN BLVD., HIGH-TECH ZONE, CHENGDU, SICHUAN F4 610000
David Knower director C/O VISTAS ACQUISITION COMPANY II INC., 30 WALL STREET, 8TH FLOOR, NEW YORK NY 10005
Eric Yi-chung Chen director, 10 percent owner, officer: Chief Executive Officer 875 3RD AVENUE, SUITE M204A, NEW YORK NY 10022
Axel Hoerger director 875 3RD AVENUE, SUITE M204A, NEW YORK NY 10022
David Issac Adelman director 875 3RD AVENUE SUITE M204A, NEW YORK NY 10022
Aib Llc 10 percent owner 875 3RD AVENUE, SUITE M204A, NEW YORK NY 10022