FSHP (Flag Ship Acquisition) PB Ratio: 1.88 (As of Jul. 08, 2026)


FSHP Flag Ship Acquisition Corp FSHP
14 GF Score
Price $11.22
! 4 Warning Signs
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What is Flag Ship Acquisition PB Ratio?

Flag Ship Acquisition FSHP +0.09% 14 PB Ratio is 1.88 as of Jul. 08, 2026. GuruFocus rates FSHP with a GF Score™ of 14/100. The stock has 4 warning signs investors should review. Among 468 Diversified Financial Services companies, Flag Ship Acquisition ranks worse than 74.79% on this metric.

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 (2026-07-08), Flag Ship Acquisition's share price is $11.22. Flag Ship Acquisition's Book Value per Share for the quarter that ended in Mar. 2026 was $5.98. Hence, Flag Ship Acquisition's PB Ratio of today is 1.88.

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

FSHP' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.88
Current: 1.88

During the past 7 years, Flag Ship Acquisition's highest PB Ratio was 1.88. The lowest was 0.00. And the median was 0.00.

FSHP's PB Ratio is ranked worse than
74.79% of 468 companies
in the Diversified Financial Services industry
Industry Median: 1.38 vs FSHP: 1.88

During the past 12 months, Flag Ship Acquisition's average Book Value Per Share Growth Rate was -23.00% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Flag Ship Acquisition was -164.50% per year. The lowest was -207.20% per year. And the median was -185.85% per year.

Back to Basics: PB Ratio


Flag Ship Acquisition  (NAS:FSHP) 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.


Flag Ship Acquisition PB Ratio Related Terms


Flag Ship Acquisition PB Ratio Historical Data

* Premium members only.

The historical data trend for Flag Ship 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.

Flag Ship Acquisition PB Ratio Chart

Flag Ship Acquisition Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 0.00 0.00 0.00 1.31 1.81

Flag Ship Acquisition Quarterly Data
Dec19 Dec20 Sep21 Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.32 1.33 1.80 1.81 1.83

FSHP vs UYSC, IBAC, EURK: PB Ratio Comparison

For the Shell Companies subindustry, Flag Ship 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.


Flag Ship Acquisition PB Ratio vs Diversified Financial Services Industry

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

* The bar in red indicates where Flag Ship Acquisition's PB Ratio falls into.


FSHP
14GF Score
Flag Ship Acquisition Corp FSHP
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Flag Ship 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.

Flag Ship Acquisition's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=11.22/5.984
=1.88

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.88 mean?
Flag Ship Acquisition (FSHP) has a PB Ratio of 1.88 as of Jul. 08, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Flag Ship Acquisition and its competitors. According to the industry distribution chart, Flag Ship Acquisition ranks #350 out of 468 companies in the Diversified Financial Services industry, placing it in the top 74.8%.
Is Flag Ship Acquisition's PB Ratio too high?
Flag Ship Acquisition's current PB Ratio is 1.88. The Diversified Financial Services industry median PB Ratio is 1.38. Flag Ship Acquisition's value of 1.88 is 36.2% above this industry median. Based on the distribution chart, Flag Ship Acquisition ranks #350 out of 468 companies in the Diversified Financial Services industry, which is below the industry midpoint. Overall, Flag Ship Acquisition has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Flag Ship Acquisition's PB Ratio compare to UYSC and IBAC?
According to the Diversified Financial Services industry distribution chart, Flag Ship Acquisition ranks #350 out of 468 companies for PB Ratio. This places Flag Ship Acquisition in the lower half of its industry. The industry median PB Ratio is 1.38. Flag Ship Acquisition's value of 1.88 is 36.2% above 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 1.38, based on 468 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. Flag Ship Acquisition's current PB Ratio of 1.88 is 36.2% above 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 Flag Ship Acquisition and its competitors. For the Diversified Financial Services industry, the median PB Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flag Ship Acquisition's current PB Ratio is 1.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flag Ship Acquisition stock overvalued right now?
Flag Ship Acquisition (FSHP) has a current PB Ratio of 1.88. The current PB Ratio is 1.88 and 36.2% above the Diversified Financial Services industry median of 1.38. Flag Ship Acquisition's overall GF Score™ is 14/100 with 4 warning signs to review. 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 Flag Ship Acquisition (FSHP), the current PB Ratio is 1.88 as of Jul. 08, 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.

Flag Ship Acquisition Business Description

Address 26 Broadway, Suite 934, New York, NY, USA, 10004
Flag Ship Acquisition Corp is a blank check company formed to effect a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.
14GF Score

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PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$11.22
Price