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Independence Holdings (Independence Holdings) Price-to-Tangible-Book : (As of May. 15, 2024)


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What is Independence Holdings Price-to-Tangible-Book?

As of today (2024-05-15), Independence Holdings's share price is $10.19. Independence Holdings's Tangible Book per Share of Sep. 2022 for the quarter that ended in Sep. 2022 was $0.00. Hence, Independence Holdings's Price to Tangible Book Ratio of today is .

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

During the past 2 years, Independence Holdings's highest Price to Tangible Book Ratio was 1.33. The lowest was 1.27. And the median was 1.30.

ACQRU's Price-to-Tangible-Book is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.8
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Independence Holdings's share price is $10.19. Independence Holdings's Book Value per Sharefor the quarter that ended in Sep. 2022 was $0.00. Hence, Independence Holdings's P/B Ratio of today is .

Independence Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Independence Holdings'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.

Independence Holdings Price-to-Tangible-Book Chart

Independence Holdings Annual Data
Trend Dec20 Dec21
Price-to-Tangible-Book
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Independence Holdings Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Price-to-Tangible-Book Get a 7-Day Free Trial - - - - -

Competitive Comparison of Independence Holdings's Price-to-Tangible-Book

For the Shell Companies subindustry, Independence Holdings'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.

Independence Holdings's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

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

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


Independence Holdings Price-to-Tangible-Book Calculation

Independence Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2022 )
=10.19/
=

* 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.

Independence Holdings Price-to-Tangible-Book Related Terms

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

Independence Holdings (Independence Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Independence Holdings Corp (NAS:ACQRU) » Definitions » Price-to-Tangible-Book
Comparable Companies
MIT LCA KVSC FSNB CCV ALCC RMGC CFIV GHIX SVFA GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
277 Park Avenue, 29th Floor, Suite B, New York, NY, USA, 10172
Website
https://www.indholdings.com
Independence Holdings Corp is a blank check company.
Executives
Ahmedulla Kham Khaishgi director 277 PARK AVENUE 29TH FLOOR, SUITE B, NEW YORK NY 10172
Steven J. Mclaughlin director, 10 percent owner 277 PARK AVENUE 29TH FLOOR, SUITE B, NEW YORK NY 10172
Jonathan Corr director ELLIE MAE, INC., 4420 ROSEWOOD DRIVE, SUITE 500, PLEASANTON CA 94588
Independence Sponsor Llc 10 percent owner 277 PARK AVENUE, 29TH FLOOR, SUITE B, NEW YORK NY 10172
Eugene Yoon director, 10 percent owner 277 PARK AVENUE 29TH FLOOR, SUITE B, NEW YORK NY 10172
John Lawrence Furlong officer: Chief Executive Officer 277 PARK AVENUE 29TH FLOOR, SUITE B, NEW YORK NY 10172
Jaskaran Heir officer: Chief Financial Officer 277 PARK AVENUE 29TH FLOOR, SUITE B, NEW YORK NY 10172
Eric S Woodward director 277 PARK AVENUE 29TH FLOOR, SUITE B, NEW YORK NY 10172