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Black Spade Acquisition III CoBIII 8 PB Ratio is 0.77 as of Sep. 11, 2026. GuruFocus rates BIII with a GF Score™ of 8/100. Among 446 Diversified Financial Services companies, Black Spade Acquisition III Co ranks worse than 224215.02% on this metric.
The historical rank and industry rank for Black Spade Acquisition III Co's PB Ratio or its related term are showing as below:
BIII's PB Ratio is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.39 * Ranked among companies with meaningful PB Ratio only.
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.
Black Spade Acquisition III Co PB Ratio Related Terms
Black Spade Acquisition III Co PB Ratio Historical Data
* 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.
Black Spade Acquisition III Co PB Ratio Chart
Black Spade Acquisition III Co Annual Data
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Black Spade Acquisition III Co Quarterly Data
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BIII vs BLRK, SUMA, COPL: PB Ratio Comparison
For the Shell Companies subindustry, Black Spade Acquisition III Co'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.
Black Spade Acquisition III Co PB Ratio vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Black Spade Acquisition III Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Black Spade Acquisition III Co's PB Ratio falls into.
Black Spade Acquisition III Co 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.
* 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.
Black Spade Acquisition III Co (BIII) has a PB Ratio of 0.77 as of Sep. 11, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Black Spade Acquisition III Co and its competitors. According to the industry distribution chart, Black Spade Acquisition III Co ranks #999999 out of 446 companies in the Diversified Financial Services industry.
Is Black Spade Acquisition III Co's PB Ratio too high?
Black Spade Acquisition III Co's current PB Ratio is 0.77. The Diversified Financial Services industry median PB Ratio is 1.39. Black Spade Acquisition III Co's value of 0.77 is 44.6% below this industry median. Based on the distribution chart, Black Spade Acquisition III Co ranks #999999 out of 446 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, Black Spade Acquisition III Co has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Black Spade Acquisition III Co's PB Ratio compare to BLRK and SUMA?
According to the Diversified Financial Services industry distribution chart, Black Spade Acquisition III Co ranks #999999 out of 446 companies for PB Ratio. This places Black Spade Acquisition III Co in the lower half of its industry. The industry median PB Ratio is 1.39. Black Spade Acquisition III Co's value of 0.77 is 44.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Diversified Financial Services company?
The median PB Ratio among Diversified Financial Services companies is 1.39, based on 446 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Black Spade Acquisition III Co's current PB Ratio of 0.77 is 44.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Black Spade Acquisition III Co and its competitors. For the Diversified Financial Services industry, the median PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Spade Acquisition III Co's current PB Ratio is 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Spade Acquisition III Co stock overvalued right now?
Black Spade Acquisition III Co (BIII) has a current PB Ratio of 0.77. The current PB Ratio is 0.77 and 44.6% below the Diversified Financial Services industry median of 1.39. Black Spade Acquisition III Co's overall GF Score™ is 8/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Black Spade Acquisition III Co (BIII), the current PB Ratio is 0.77 as of Sep. 11, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
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