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Infinite Acquisition (Infinite Acquisition) Book Value per Share : $8.15 (As of Jun. 2023)


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What is Infinite Acquisition Book Value per Share?

Infinite Acquisition's book value per share for the quarter that ended in Jun. 2023 was $8.15.

During the past 12 months, Infinite Acquisition's average Book Value Per Share Growth Rate was 3.20% 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.

Infinite Acquisition's current price is $10.835. Its book value per share for the quarter that ended in Jun. 2023 was $8.15. Hence, today's PB Ratio of Infinite Acquisition is 1.33.

During the past 2 years, the highest P/B Ratio of Infinite Acquisition was 1.33. The lowest was 0.00. And the median was 0.00.


Infinite Acquisition Book Value per Share Historical Data

The historical data trend for Infinite Acquisition'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.

Infinite Acquisition Book Value per Share Chart

Infinite Acquisition Annual Data
Trend Dec21 Dec22
Book Value per Share
7.92 7.99

Infinite Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.90 7.93 7.99 8.06 8.15

Competitive Comparison of Infinite Acquisition's Book Value per Share

For the Shell Companies subindustry, Infinite 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.


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

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

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



Infinite Acquisition Book Value per Share Calculation

Infinite Acquisition's Book Value Per Share for the fiscal year that ended in Dec. 2022 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(275.59-0.00)/34.50
=7.99

Infinite Acquisition's Book Value Per Share for the quarter that ended in Jun. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(281.22-0.00)/34.50
=8.15

* 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.


Infinite Acquisition  (NYSE:NFNT) 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.


Infinite Acquisition Book Value per Share Related Terms

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Infinite Acquisition (Infinite Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
745 Fifth Avenue, 15th Floor, New York, NY, USA, 10151
Infinite Acquisition Corp is a blank check company.
Executives
David Scott Farber officer: Chief Financial Officer 745 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10151
Anre D Williams director 200 VESEY STREET, NEW YORK NY 10285
Rosenstock James Arthur Iii officer: Chief Financial Officer 3280 PEACHTREE ROAD NE, SUITE 600, ATLANTA GA 30305
Infinite Sponsor, Llc 10 percent owner 660 MADISON AVENUE, NEW YORK NY 10065
Aryeh B Burkoff director C/O INFINITE ACQUISITION CORP., 660 MADISON AVENUE, NEW YORK NY 10065
Annastasia Skilakos Seebohm director C/O INFINITE ACQUISITION CORP., 660 MADISON AVENUE, NEW YORK NY 10065
Alex Michael officer: Chief Development Officer C/O INFINITE ACQUISITION CORP., 660 MADISON AVENUE, NEW YORK NY 10065
Samuel W Lessin director C/O INFINITE ACQUISITION CORP., 660 MADISON AVENUE, NEW YORK NY 10065
Kevin Durant director, officer: Co-CEO and Director C/O INFINITE ACQUISITION CORP., 660 MADISON AVENUE, NEW YORK NY 10065
Stacey Bendet director C/O INFINITE ACQUISITION CORP., 660 MADISON AVENUE, NEW YORK NY 10065
Richard Kleiman director, officer: Co-CEO and Director C/O INFINITE ACQUISITION CORP., 660 MADISON AVENUE, NEW YORK NY 10065