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As of today (2024-10-31), Ace Global Business Acquisition's share price is $12.00. Ace Global Business Acquisition's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.00. Hence, Ace Global Business Acquisition's Price to Tangible Book Ratio of today is .
The historical rank and industry rank for Ace Global Business Acquisition's Price-to-Tangible-Book or its related term are showing as below:
During the past 4 years, Ace Global Business Acquisition's highest Price to Tangible Book Ratio was 2.51. The lowest was 1.40. And the median was 1.43.
A closely related ratio is called PB Ratio. As of today, Ace Global Business Acquisition's share price is $12.00. Ace Global Business Acquisition's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.00. Hence, Ace Global Business Acquisition's P/B Ratio of today is .
The historical data trend for Ace Global Business Acquisition's Price-to-Tangible-Book 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.
Ace Global Business Acquisition Annual Data | |||||||||
Trend | Dec20 | Dec21 | Dec22 | Dec23 | |||||
Price-to-Tangible-Book | - | - | - | - |
Ace Global Business Acquisition Quarterly Data | |||||||||||||
Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Price-to-Tangible-Book | Get a 7-Day Free Trial | - | - | - | - | - |
For the Shell Companies subindustry, Ace Global Business Acquisition's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.
For the Diversified Financial Services industry and Financial Services sector, Ace Global Business Acquisition's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Ace Global Business Acquisition's Price-to-Tangible-Book falls into.
Ace Global Business Acquisition's price-to-tangible-book ratio for today is calculated as:
Price to Tangible Book | = | Share Price | / | Tangible Book per Share (Q: Dec. 2023 ) |
= | 12.00 | / | ||
= |
* 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:
Price to Tangible Book | = | Market Cap | / | Tangible Equity | ||||
= | Market Cap | / | (Total Stockholders Equity | - | Preferred Stock | - | Intangible Assets) |
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Thank you for viewing the detailed overview of Ace Global Business Acquisition's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Polar Asset Management Partners Inc. | 10 percent owner | 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6 |
Yan Yannie Xu | director | 6/F UNIT B, CENTRAL 88, 88-98 DES VOEUX ROAD CENTRAL, HONG KONG K3 00000 |
Tan Nicholas Xue-wei | officer: Chief Financial Officer | 6/F UNIT B, CENTRAL 88, 88-98 DES VOEUX ROAD CENTRAL, HONG KONG K3 00000 |
Leslie Chow | director | 6/F UNIT B, CENTRAL 88, 88-98 DES VOEUX ROAD CENTRAL, HONG KONG K3 00000 |
Ace Global Investment Ltd | 10 percent owner | 6/F UNIT B, CENTRAL 88, 88-98 DES VOEUX ROAD CENTRAL, HONG KONG K3 00000 |
Robert Yeung Morris | director | 6/F UNIT B, CENTRAL 88, 88-98 DES VOEUX ROAD CENTRAL, HONG KONG K3 00000 |
Eugene Tu Wong | director, officer: Chief Executive Officer | 6/F UNIT B, CENTRAL 88, 88-98 DES VOEUX ROAD CENTRAL, HONG KONG K3 00000 |
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