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TG Venture Acquisition (TG Venture Acquisition) Median PS Value : $0.00 (As of Jun. 05, 2024)


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What is TG Venture Acquisition Median PS Value?

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. TG Venture Acquisition's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was $0. TG Venture Acquisition's 10-Year median PS Ratio is . Therefore, the Median PS Value for today is $0.00.

As of today (2024-06-05), TG Venture Acquisition's share price is $10.81. TG Venture Acquisition's Median PS Value is $0.00. Therefore, TG Venture Acquisition's Price to Median PS Value for today is 0.00.

The historical rank and industry rank for TG Venture Acquisition's Median PS Value or its related term are showing as below:

TGVC's Price-to-Median-PS-Value is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.01
* Ranked among companies with meaningful Price-to-Median-PS-Value only.

TG Venture Acquisition Median PS Value Historical Data

The historical data trend for TG Venture Acquisition's Median PS Value 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.

TG Venture Acquisition Median PS Value Chart

TG Venture Acquisition Annual Data
Trend Dec21 Dec22
Median PS Value
- -

TG Venture Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Median PS Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of TG Venture Acquisition's Median PS Value

For the Shell Companies subindustry, TG Venture Acquisition's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.


TG Venture Acquisition's Price-to-Median-PS-Value Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, TG Venture Acquisition's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where TG Venture Acquisition's Price-to-Median-PS-Value falls into.



TG Venture Acquisition Median PS Value Calculation

TG Venture Acquisition's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=0*
=0.00

10-Year Median PS Ratio is .
TG Venture Acquisition's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.

* 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.


TG Venture Acquisition  (NAS:TGVC) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

TG Venture Acquisition's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=10.81/0.00
=

* 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.


TG Venture Acquisition Median PS Value Related Terms

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TG Venture Acquisition (TG Venture Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1390 Market Street, Suite 200, San Francisco, CA, USA, 94102
TG Venture Acquisition Corp is a newly organized, blank check company.
Executives
Wolverine Asset Management Llc 10 percent owner 175 WEST JACKSON, SUITE 340, CHICAGO IL 60604
High Income Securities Fund 10 percent owner US BANCORP FUND SERVICES LLC, 615 EAST MICHIGAN STREET, MILWAUKEE WI 53202
Special Opportunities Fund, Inc. 10 percent owner C/O US BANCORP FUND SERVICES, LLC, 615 EAST MICHIGAN AVENUE, MILWAUKEE WI 53202
Phillip Goldstein 10 percent owner 60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
Andrew Dakos 10 percent owner 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Investors, Llp Bulldog 10 percent owner PARK 80 WEST - PLAZA TWO, 250 PEHLE AVE. SUITE 708, SADDLE BROOK NJ 07663
Patrick Tsang director, 10 percent owner, officer: Chairman and CEO WICKHAMS CARY II, PO BOX 3170, ROAD TOWN, TORTOLA D8 00000
Philip Benedict Rettger director, officer: CFO PO BOX 605, KETTLE FALLS, WASHINGTON WA 99141
Ma Jason Cheng Yuen director 2121 AVENUE OF THE STARS,, SUITE 2320, LOS ANGELES CA 90067
Komal Ahmad director 300 BERRY STREET, #1313, SAN FRANCISCO CA 94158
Michael Lewis Alexander director SUITE 1975, LEVEL 19, TWO IFC,, 8 FINANCE STREET, HONG KONG F4 00000
Tsangs Group Holdings Ltd 10 percent owner ROOM 6801, 68TH FLOOR,, 99 QUEENS ROAD CENTRAL, CENTRAL,, HONG KONG F4 999077