Clarim Acquisition (Clarim Acquisition) Price-to-Tangible-Book : 1.30 (As of May. 05, 2024)

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What is Clarim Acquisition Price-to-Tangible-Book?

As of today (2024-05-05), Clarim Acquisition's share price is $10.07. Clarim Acquisition's Tangible Book per Share of Sep. 2022 for the quarter that ended in Sep. 2022 was $7.73. Hence, Clarim Acquisition's Price to Tangible Book Ratio of today is 1.30.

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

CLRM'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, Clarim Acquisition's share price is $10.07. Clarim Acquisition's Book Value per Sharefor the quarter that ended in Sep. 2022 was $7.73. Hence, Clarim Acquisition's P/B Ratio of today is 1.30.

Clarim Acquisition Price-to-Tangible-Book Historical Data

The historical data trend for Clarim 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.

Clarim Acquisition Price-to-Tangible-Book Chart

Clarim Acquisition Annual Data

Trend

Dec20

Dec21

Price-to-Tangible-Book

1.31

Clarim Acquisition Quarterly Data
	Nov20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Price-to-Tangible-Book	Get a 7-Day Free Trial			1.31	1.31	1.29	1.28	1.28

Competitive Comparison of Clarim Acquisition's Price-to-Tangible-Book

For the Shell Companies subindustry, Clarim 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.

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

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

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

Clarim Acquisition Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2022 )
	=	10.07	/	7.727
	=	1.30

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.

Clarim Acquisition Price-to-Tangible-Book Related Terms

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

Clarim Acquisition (Clarim Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Clarim Acquisition Corp (NAS:CLRM) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

155 East 44th Street, 18th Floor, New York, NY, USA, 10017

Website

Clarim Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

Executives

Jaymin B Patel	director, officer: President and CFO	C/O GTECH HOLDINGS CORPORATION, 55 TECHNOLOGY WAY, WEST GREENWICH RI 02817
James F Mccann	director, officer: Chief Executive Officer	ONE OLD COUNTRY ROAD, SUITE 500, CARLE PLACE NY 11514
Russell D Glass	officer: Vice Chairman	170 N. RADNOR-CHESTER ROAD, SUITE 200, RADNOR PA 19087
Maria Pinelli	director	245 FIFTH AVENUE, SUITE 1500, NEW YORK NY 10016
Clarim Partners, Llc	10 percent owner	245 FIFTH AVENUE, SUITE 1500, NEW YORK NY 10016
Daniel Neely	director	245 FIFTH AVENUE, SUITE 1500, NEW YORK NY 10016
Paul Stamoulis	officer: Executive Vice President	245 FIFTH AVENUE, SUITE 1500, NEW YORK NY 10016

Clarim Acquisition (Clarim Acquisition) Headlines

From GuruFocus

Clarim Acquisition Corp. to Hold Special Meeting of Stockholders to Obtain Approval to Terminate Before Year-End

By PRNewswire PRNewswire • 11-30-2022