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Concord Acquisition III (Concord Acquisition III) Book Value per Share : $2.22 (As of Dec. 2023)


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What is Concord Acquisition III Book Value per Share?

Concord Acquisition III's book value per share for the quarter that ended in Dec. 2023 was $2.22.

During the past 12 months, Concord Acquisition III's average Book Value Per Share Growth Rate was -71.90% 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.

Concord Acquisition III's current price is $6.58. Its book value per share for the quarter that ended in Dec. 2023 was $2.22. Hence, today's PB Ratio of Concord Acquisition III is 2.96.

During the past 3 years, the highest P/B Ratio of Concord Acquisition III was 9.34. The lowest was 0.00. And the median was 0.00.


Concord Acquisition III Book Value per Share Historical Data

The historical data trend for Concord Acquisition III'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.

Concord Acquisition III Book Value per Share Chart

Concord Acquisition III Annual Data
Trend Dec21 Dec22 Dec23
Book Value per Share
7.36 7.92 2.22

Concord Acquisition III Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.92 7.97 1.81 1.72 2.22

Competitive Comparison of Concord Acquisition III's Book Value per Share

For the Shell Companies subindustry, Concord Acquisition III'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.


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

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

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



Concord Acquisition III Book Value per Share Calculation

Concord Acquisition III's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(27.92-0.00)/12.57
=2.22

Concord Acquisition III's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(27.92-0.00)/12.57
=2.22

* 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.


Concord Acquisition III  (NYSE:CNDB) 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.


Concord Acquisition III Book Value per Share Related Terms

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Concord Acquisition III (Concord Acquisition III) Business Description

Traded in Other Exchanges
N/A
Address
477 Madison Avenue, New York, NY, USA, 10022
Website
Concord Acquisition Corp III is a newly incorporated blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Diamond Robert E. Jr. director BLACKROCK, INC., 40 EAST 52ND STREET, NEW YORK NY 10022
Lawrence E Leibowitz director C/O NYSE EURONEXT, 11 WALL STREET, NEW YORK NY 10005
Jeffrey Tuder director, officer: Chief Executive Officer 6 GREENHOUSE DRIVE, PRINCETON NJ 08540
Thomas C. King director C/O CLEAR CHANNEL OUTDOOR HOLDINGS, INC., 4830 NORTH LOOP 1604W, SUITE 111, SAN ANTONIO TX 78249
Peter Ort director C/O CONCORD ACQUISITION CORP, 477 MADISON AVENUE, NEW YORK NY 10022
Michele Cito officer: Chief Financial Officer C/O CONCORD ACQUISITION CORP, 477 MADISON AVENUE, NEW YORK NY 10022
Concord Sponsor Group Iii 10 percent owner 477 MADISON AVENUE, NEW YORK NY 10022