Freedom Acquisition I (Freedom Acquisition I) Price-to-Tangible-Book : 1.86 (As of Apr. 27, 2024)

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What is Freedom Acquisition I Price-to-Tangible-Book?

As of today (2024-04-27), Freedom Acquisition I's share price is $9.50. Freedom Acquisition I's Tangible Book per Share of Mar. 2023 for the quarter that ended in Mar. 2023 was $5.10. Hence, Freedom Acquisition I's Price to Tangible Book Ratio of today is 1.86.

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

FACT's Price-to-Tangible-Book is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 1.83
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Freedom Acquisition I's share price is $9.50. Freedom Acquisition I's Book Value per Sharefor the quarter that ended in Mar. 2023 was $5.10. Hence, Freedom Acquisition I's P/B Ratio of today is 1.86.

Freedom Acquisition I Price-to-Tangible-Book Historical Data

The historical data trend for Freedom Acquisition I'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.

Freedom Acquisition I Price-to-Tangible-Book Chart

Freedom Acquisition I Annual Data

Trend

Dec20

Dec21

Dec22

Price-to-Tangible-Book

1.29

Freedom Acquisition I Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Price-to-Tangible-Book	Get a 7-Day Free Trial					1.30	1.30	1.29	1.29	2.02

Competitive Comparison of Freedom Acquisition I's Price-to-Tangible-Book

For the Shell Companies subindustry, Freedom Acquisition I'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.

Freedom Acquisition I's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

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

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

Freedom Acquisition I Price-to-Tangible-Book Calculation

Freedom Acquisition I's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2023 )
	=	9.50	/	5.096
	=	1.86

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.

Freedom Acquisition I Price-to-Tangible-Book Related Terms

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

Freedom Acquisition I (Freedom Acquisition I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Freedom Acquisition I Corp (NYSE:FACT) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

14 Wall Street, 20th Floor, New York, NY, USA, 10005

Website

https://www.freedomac1.com

Freedom Acquisition I Corp is a blank check company.

Executives

David John Anderson	director, officer: CMO; EVP Strategic Partnership	C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Vikas Desai	officer: President; GM Business Units	C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Thurman J Rodgers	director, 10 percent owner	535 EASTVIEW WAY, WOODSIDE CA 94062
William James Anderson	director, officer: Chief Executive Officer	C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Arnaud Lepert	officer: Chief Operating Officer	C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Devin Whatley	director	C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Brian Wuebbels	officer: Chief Financial Officer	C/O MEMC ELECTRONIC MATERIALS, INC., 501 PEARL DRIVE, ST. PETERS MO 63376
Ronald J Pasek	director	101 INNOVATION DRIVE, SAN JOSE CA 95134
Antonio R Alvarez	director	3901 N. FIRST ST., SAN JOSE CA 95134
Edward Qiang Zeng	director	14 WALL STREET, 20TH FLOOR, NEW YORK NY 100005
Nell Cady-kruse	director	C/O VARAGON CAPITAL CORPORATION, 299 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10171
David Poritz	director	14 WALL STREET, 20TH FLOOR, NEW YORK NY 10005
Adam Gishen	officer: Chief Executive Officer	14 WALL STREET, 20TH FLOOR, NEW YORK NY 10005
Freedom Acquisition I Llc	10 percent owner	C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Tidjane Thiam	director	C/O TWENTY-FIRST CENTURY FOX, INC., NEW YORK NY 10036