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Mars Acquisition (Mars Acquisition) Price-to-Tangible-Book : 2.17 (As of May. 25, 2024)


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What is Mars Acquisition Price-to-Tangible-Book?

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

The historical rank and industry rank for Mars Acquisition's Price-to-Tangible-Book or its related term are showing as below:

MARX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.32   Med: 1.34   Max: 2.17
Current: 2.16

During the past 3 years, Mars Acquisition's highest Price to Tangible Book Ratio was 2.17. The lowest was 1.32. And the median was 1.34.

MARX's Price-to-Tangible-Book is ranked worse than
56.97% of 488 companies
in the Diversified Financial Services industry
Industry Median: 1.83 vs MARX: 2.16

A closely related ratio is called PB Ratio. As of today, Mars Acquisition's share price is $10.80. Mars Acquisition's Book Value per Sharefor the quarter that ended in Mar. 2024 was $4.99. Hence, Mars Acquisition's P/B Ratio of today is 2.17.


Mars Acquisition Price-to-Tangible-Book Historical Data

The historical data trend for Mars 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.

* Premium members only.

Mars Acquisition Price-to-Tangible-Book Chart

Mars Acquisition Annual Data
Trend Sep21 Sep22 Sep23
Price-to-Tangible-Book
- - 1.34

Mars Acquisition Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book 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 Price-to-Tangible-Book

For the Shell Companies subindustry, Mars 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.


Mars Acquisition's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Mars Acquisition's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Mars Acquisition's Price-to-Tangible-Book falls into.



Mars Acquisition Price-to-Tangible-Book Calculation

Mars Acquisition's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book 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 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.


Mars Acquisition Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Mars Acquisition's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


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