Athena Technology Acquisition (Athena Technology Acquisition) Price-to-Tangible-Book : 1.44 (As of May. 18, 2024)

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What is Athena Technology Acquisition Price-to-Tangible-Book?

As of today (2024-05-18), Athena Technology Acquisition's share price is $9.59. Athena Technology Acquisition's Tangible Book per Share of Sep. 2021 for the quarter that ended in Sep. 2021 was $6.64. Hence, Athena Technology Acquisition's Price to Tangible Book Ratio of today is 1.44.

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

ATHN's Price-to-Tangible-Book is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 1.9
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Athena Technology Acquisition's share price is $9.59. Athena Technology Acquisition's Book Value per Sharefor the quarter that ended in Sep. 2021 was $6.64. Hence, Athena Technology Acquisition's P/B Ratio of today is 1.44.

Athena Technology Acquisition Price-to-Tangible-Book Historical Data

The historical data trend for Athena Technology 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.

Athena Technology Acquisition Price-to-Tangible-Book Chart

Athena Technology Acquisition Annual Data

Trend

Dec20

Price-to-Tangible-Book

Athena Technology Acquisition Quarterly Data
	Mar21	Jun21	Sep21
Price-to-Tangible-Book	-	1.42	1.49

Competitive Comparison of Athena Technology Acquisition's Price-to-Tangible-Book

For the Shell Companies subindustry, Athena Technology 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.

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

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

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

Athena Technology Acquisition Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2021 )
	=	9.59	/	6.643
	=	1.44

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.

Athena Technology Acquisition Price-to-Tangible-Book Related Terms

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

Athena Technology Acquisition (Athena Technology Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Athena Technology Acquisition Corp (NYSE:ATHN) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

125 Townpark Drive, Suite 300, Kennesaw, GA, USA, 30144

Website

https://www.athena1.com

Athena Technology Acquisition Corp is a newly organized blank check company. It is 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.