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Fintech Ecosystem Development (Fintech Ecosystem Development) Price-to-Tangible-Book : 2.27 (As of May. 10, 2024)


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What is Fintech Ecosystem Development Price-to-Tangible-Book?

As of today (2024-05-10), Fintech Ecosystem Development's share price is $11.44. Fintech Ecosystem Development's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was $5.03. Hence, Fintech Ecosystem Development's Price to Tangible Book Ratio of today is 2.27.

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

FEXD' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.32   Med: 1.32   Max: 2.27
Current: 2.27

During the past 2 years, Fintech Ecosystem Development's highest Price to Tangible Book Ratio was 2.27. The lowest was 1.32. And the median was 1.32.

FEXD's Price-to-Tangible-Book is ranked worse than
59.6% of 505 companies
in the Diversified Financial Services industry
Industry Median: 1.83 vs FEXD: 2.27

A closely related ratio is called PB Ratio. As of today, Fintech Ecosystem Development's share price is $11.44. Fintech Ecosystem Development's Book Value per Sharefor the quarter that ended in Jun. 2023 was $5.03. Hence, Fintech Ecosystem Development's P/B Ratio of today is 2.27.

Fintech Ecosystem Development Price-to-Tangible-Book Historical Data

The historical data trend for Fintech Ecosystem Development'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.

Fintech Ecosystem Development Price-to-Tangible-Book Chart

Fintech Ecosystem Development Annual Data
Trend Dec21 Dec22
Price-to-Tangible-Book
- 1.32

Fintech Ecosystem Development Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.32 1.32 1.32 1.33 2.10

Competitive Comparison of Fintech Ecosystem Development's Price-to-Tangible-Book

For the Shell Companies subindustry, Fintech Ecosystem Development'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.

Fintech Ecosystem Development's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Fintech Ecosystem Development's Price-to-Tangible-Book falls into.


Fintech Ecosystem Development Price-to-Tangible-Book Calculation

Fintech Ecosystem Development's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2023 )
=11.44/5.031
=2.27

* 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.

Fintech Ecosystem Development Price-to-Tangible-Book Related Terms

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

Fintech Ecosystem Development (Fintech Ecosystem Development) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Fintech Ecosystem Development Corp (NAS:FEXD) » Definitions » Price-to-Tangible-Book
Comparable Companies
FRLA INAQ TETE LIVB TRON KVSA OXUS SGII VHAQ GBBK PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
100 Springhouse Drive, Suite 204, Collegeville, PA, USA, 19426
Website
https://www.fintechecosys.com
Fintech Ecosystem Development Corp is a newly organized blank check company.
Executives
Mizuho Securities Usa Llc 10 percent owner 1271 AVENUE OF THE AMERICAS, FLOORS - 2,3,4,18,19, NEW YORK NY 10020
Mizuho Americas Llc 10 percent owner 1271 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Robin Sue Meister director FINTECH ECOSYSTEM DEVELOPMENT CORP., 100 SPRINGHOUSE DRIVE, SUITE 204, COLLEGEVILLE PA 19426
Jenny Junkeer officer: Chief Financial Officer 100 SPRINGHOUSE DRIVE, SUITE 204, COLLEGEVILLE PA 19426
Revofast Llc 10 percent owner 100 SPRINGHOUSE DRIVE, SUITE 204, COLLEGEVILLE PA 19420
Mubasshir Karim director 100 SPRINGHOUSE DRIVE, SUITE 204, COLLEGEVILLE PA 19426
Saiful Khandaker officer: Chief Executive Officer 100 SPRINGHOUSE DRIVE, SUITE 204, COLLEGEVILLE PA 19426
Lynn Perkins director 100 SPRINGHOUSE DRIVE, SUITE 204, COLLEGEVILLE PA 19426
Michael Stanley Tomczyk director 100 SPRINGHOUSE DRIVE, SUITE 204, COLLEGEVILLE PA 19426