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A SPAC II Acquisition (A SPAC II Acquisition) PB Ratio : 5.28 (As of May. 15, 2024)


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What is A SPAC II Acquisition PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-15), A SPAC II Acquisition's share price is $11.12. A SPAC II Acquisition's Book Value per Share for the quarter that ended in Mar. 2024 was $2.11. Hence, A SPAC II Acquisition's PB Ratio of today is 5.28.

The historical rank and industry rank for A SPAC II Acquisition's PB Ratio or its related term are showing as below:

ASCB' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 9950
Current: 5.28

During the past 3 years, A SPAC II Acquisition's highest PB Ratio was 9950.00. The lowest was 0.00. And the median was 0.00.

ASCB's PB Ratio is ranked worse than
83.59% of 518 companies
in the Diversified Financial Services industry
Industry Median: 1.85 vs ASCB: 5.28

During the past 12 months, A SPAC II Acquisition's average Book Value Per Share Growth Rate was -73.70% per year.

Back to Basics: PB Ratio


A SPAC II Acquisition PB Ratio Historical Data

The historical data trend for A SPAC II Acquisition's PB Ratio 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.

A SPAC II Acquisition PB Ratio Chart

A SPAC II Acquisition Annual Data
Trend Dec21 Dec22 Dec23
PB Ratio
- 1.29 5.21

A SPAC II Acquisition Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.30 1.30 5.28 5.21 5.29

Competitive Comparison of A SPAC II Acquisition's PB Ratio

For the Shell Companies subindustry, A SPAC II Acquisition's PB Ratio, along with its competitors' market caps and PB Ratio 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.


A SPAC II Acquisition's PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, A SPAC II Acquisition's PB Ratio distribution charts can be found below:

* The bar in red indicates where A SPAC II Acquisition's PB Ratio falls into.



A SPAC II Acquisition PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

A SPAC II Acquisition's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=11.12/2.105
=5.28

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


A SPAC II Acquisition  (NAS:ASCB) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


A SPAC II Acquisition PB Ratio Related Terms

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A SPAC II Acquisition (A SPAC II Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
289 Beach Road, Number 03-01, Singapore, SGP, 199552
Website
A SPAC II Acquisition Corp is a blank check company.
Executives
Maclean Malcolm F Iv director C/O ASPEN GROUP, INC., 1660 SOUTH ALBION STREET, SUITE 525, DENVER CO 80222
Claudius Tsang officer: CEO and CFO WICKHAMS CAY II, PO BOX 3170, ROAD TOWN, TORTOLA D8 00000
Ka Wo Chan director 289 BEACH ROAD #03-01, SINGAPORE U0 199552
Paul Cummins director 289 BEACH ROAD #03-01, SINGAPORE U0 199552
Bryan Biniak director 289 BEACH ROAD #03-01, SINGAPORE U0 199552
Anson Chan director 289 BEACH ROAD #03-01, SINGAPORE U0 199552
Spac Ii (holdings) Acquisition Corp. 10 percent owner CHEUNG KONG CENTER, 58 FLOOR, UNIT 5801, 2 QUEENS ROAD CENTRAL, CENTRAL K3 00000

A SPAC II Acquisition (A SPAC II Acquisition) Headlines

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