As of today (2024-04-24), Iris Acquisition's share price is $10.63. Iris Acquisition's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $-1.46. Hence, Iris Acquisition's Price to Tangible Book Ratio of today is .
The historical rank and industry rank for Iris Acquisition's Price-to-Tangible-Book or its related term are showing as below:
During the past 4 years, Iris Acquisition's highest Price to Tangible Book Ratio was 64.87. The lowest was 1.32. And the median was 33.10.
IRAA's Price-to-Tangible-Book is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.82 * Ranked among companies with meaningful Price-to-Tangible-Book only.
A closely related ratio is called PB Ratio. As of today, Iris Acquisition's share price is $10.63. Iris Acquisition's Book Value per Sharefor the quarter that ended in Dec. 2023 was $-1.46. Hence, Iris Acquisition's P/B Ratio of today is .
Iris Acquisition Price-to-Tangible-Book Historical Data
The historical data trend for Iris 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.
Competitive Comparison of Iris Acquisition's Price-to-Tangible-Book
For the Shell Companies subindustry, Iris 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.
Iris Acquisition's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Iris Acquisition's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Iris Acquisition's Price-to-Tangible-Book falls into.
* 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:
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.
Iris Acquisition Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Iris Acquisition's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Iris Acquisition (Iris Acquisition) Business Description
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