Southport Acquisition (Southport Acquisition) Price-to-Tangible-Book : 2.59 (As of Apr. 26, 2024)

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

As of today (2024-04-26), Southport Acquisition's share price is $10.80. Southport Acquisition's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $4.17. Hence, Southport Acquisition's Price to Tangible Book Ratio of today is 2.59.

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

PORT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.24 Med: 1.9 Max: 2.59
Current: 2.59

During the past 3 years, Southport Acquisition's highest Price to Tangible Book Ratio was 2.59. The lowest was 1.24. And the median was 1.90.

PORT's Price-to-Tangible-Book is ranked worse than
65.36% of 511 companies
in the Diversified Financial Services industry
Industry Median: 1.83 vs PORT: 2.59

A closely related ratio is called PB Ratio. As of today, Southport Acquisition's share price is $10.80. Southport Acquisition's Book Value per Sharefor the quarter that ended in Dec. 2023 was $4.17. Hence, Southport Acquisition's P/B Ratio of today is 2.59.

Southport Acquisition Price-to-Tangible-Book Historical Data

The historical data trend for Southport 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.

Southport Acquisition Price-to-Tangible-Book Chart

Southport Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

Price-to-Tangible-Book

1.24

2.55

Southport Acquisition Quarterly Data
	May21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial						1.24	1.26	2.48	2.59	2.55

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

For the Shell Companies subindustry, Southport 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.

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

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

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

Southport Acquisition Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	10.80	/	4.174
	=	2.59

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.

Southport Acquisition Price-to-Tangible-Book Related Terms

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

Southport Acquisition (Southport Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Southport Acquisition Corp (OTCPK:PORT) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

1745 Grand Avenue, Del Mar, CA, USA, 92014

Website

Southport Acquisition Corp is a blank check company.

Executives

Jennifer Nuckles	director	234 1ST ST, SAN FRANCISCO CA 94105
Matthew Royce Hansen	director	C/O SOUTHPORT ACQUISITION CORPORATION, 1745 GRAND AVENUE, DEL MAR CA 92014
Sigmund Anderman	director	ELLIE MAE, INC., 4420 ROSEWOOD DRIVE, SUITE 500, PLEASANTON CA 94588
Jeb S. Spencer	director, 10 percent owner, officer: Chief Executive Officer	C/O SOUTHPORT ACQUISITION CORPORATION, 1745 GRAND AVENUE, DEL MAR CA 92014
Gates Cathleen Schreiner	director	C/O SOUTHPORT ACQUISITION CORPORATION, 1745 GRAND AVENUE, DEL MAR CA 92014
Jared Walker Stone	director, 10 percent owner	C/O SOUTHPORT ACQUISITION CORPORATION, 1745 GRAND AVENUE, DEL MAR CA 92014
Southport Acquisition Sponsor Llc	10 percent owner	C/O SOUTHPORT ACQUISITION CORPORATION, 1745 GRAND AVENUE, DEL MAR CA 92014
David Mark Winfield	director	C/O SOUTHPORT ACQUISITION CORPORATION, 1745 GRAND AVENUE, DEL MAR CA 92014

Southport Acquisition (Southport Acquisition) Headlines

From GuruFocus

Southport Acquisition Corporation Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing January 31, 2022

By Business Wire Business Wire • 01-28-2022