FinTech Acquisition III (FinTech Acquisition III) Price-to-Tangible-Book : 1.50 (As of May. 11, 2024)

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What is FinTech Acquisition III Price-to-Tangible-Book?

As of today (2024-05-11), FinTech Acquisition III's share price is $11.37. FinTech Acquisition III's Tangible Book per Share of Sep. 2020 for the quarter that ended in Sep. 2020 was $7.60. Hence, FinTech Acquisition III's Price to Tangible Book Ratio of today is 1.50.

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

FTAC'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, FinTech Acquisition III's share price is $11.37. FinTech Acquisition III's Book Value per Sharefor the quarter that ended in Sep. 2020 was $7.60. Hence, FinTech Acquisition III's P/B Ratio of today is 1.50.

FinTech Acquisition III Price-to-Tangible-Book Historical Data

The historical data trend for FinTech Acquisition III'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 Acquisition III Price-to-Tangible-Book Chart

FinTech Acquisition III Annual Data

Trend

Dec17

Dec18

Dec19

Price-to-Tangible-Book

1.33

FinTech Acquisition III Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Price-to-Tangible-Book	Get a 7-Day Free Trial						1.32	1.33	1.31	1.46	1.36

Competitive Comparison of FinTech Acquisition III's Price-to-Tangible-Book

For the Shell Companies subindustry, FinTech Acquisition III'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 Acquisition III's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

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

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

FinTech Acquisition III Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2020 )
	=	11.37	/	7.603
	=	1.50

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 Acquisition III Price-to-Tangible-Book Related Terms

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