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Mars Acquisition (Mars Acquisition) PB Ratio : 2.17 (As of May. 25, 2024)


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What is Mars 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 (2024-05-25), Mars Acquisition's share price is $10.80. Mars Acquisition's Book Value per Share for the quarter that ended in Mar. 2024 was $4.99. Hence, Mars Acquisition's PB Ratio of today is 2.17.

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

MARX' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.2
Current: 2.17

During the past 3 years, Mars Acquisition's highest PB Ratio was 2.20. The lowest was 0.00. And the median was 0.00.

MARX's PB Ratio is ranked worse than
55.71% of 508 companies
in the Diversified Financial Services industry
Industry Median: 1.865 vs MARX: 2.17

During the past 12 months, Mars Acquisition's average Book Value Per Share Growth Rate was -35.00% per year.

Back to Basics: PB Ratio


Mars Acquisition PB Ratio Historical Data

The historical data trend for Mars 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.

Mars Acquisition PB Ratio Chart

Mars Acquisition Annual Data
Trend Sep21 Sep22 Sep23
PB Ratio
- - 1.34

Mars Acquisition Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.32 1.34 1.34 1.34 2.14

Competitive Comparison of Mars Acquisition's PB Ratio

For the Shell Companies subindustry, Mars 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.


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

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

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



Mars 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=10.80/4.988
=2.17

* 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.


Mars Acquisition  (NAS:MARX) 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.


Mars Acquisition PB Ratio Related Terms

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Mars Acquisition (Mars Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1177 Avenue of The Americas, Suite 5100, Americas Tower, New York, NY, USA, 10036
Website
Mars Acquisition Corp is a blank check company.
Executives
Yenyou Zheng director 1055 WEST HASTINGS STREET, SUITE 1980, VANCOUVER A1 V6E 2E9
Xin He director 32000 AURORA ROAD, SUITE B, SOLON OH 44139
James M. Jenkins director 1600 BAUSCH & LOMB PLACE, ROCHESTER NY 14604
Karl Brenza director 26 CHERRY STREET, KATONAH NY 10536
Yang Liu director 59 FREDERICKS ST, WEST ORANGE NJ 07052
Shanchun Huang director PUDONG BUILDING, 2ND FLOOR,, JIULONG AVENUE, LONGWEN DISTRICT, ZHANGZHOU F4 363000
Xiaochen Zhao director 1177 AVENUE OF THE AMERICAS, SUITE 5100, NEW YORK NY 10036