Gardiner Healthcare Acquisitions (Gardiner Healthcare Acquisitions) PB Ratio : (As of May. 23, 2024)

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What is Gardiner Healthcare Acquisitions 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 (2024-05-23), Gardiner Healthcare Acquisitions's share price is $10.863. Gardiner Healthcare Acquisitions's Book Value per Share for the quarter that ended in Mar. 2023 was $0.00. Hence, Gardiner Healthcare Acquisitions's PB Ratio of today is .

The historical rank and industry rank for Gardiner Healthcare Acquisitions's PB Ratio or its related term are showing as below:

GDNRU' s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 2.49
Current: 2.48

During the past 2 years, Gardiner Healthcare Acquisitions's highest PB Ratio was 2.49. The lowest was 0.00. And the median was 0.00.

GDNRU's PB Ratio is not ranked
in the Diversified Financial Services industry.
Industry Median: 1.905 vs GDNRU: 2.48

During the past 12 months, Gardiner Healthcare Acquisitions's average Book Value Per Share Growth Rate was -45.30% per year.

Back to Basics: PB Ratio

Gardiner Healthcare Acquisitions PB Ratio Historical Data

The historical data trend for Gardiner Healthcare Acquisitions'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.

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Gardiner Healthcare Acquisitions PB Ratio Chart

Gardiner Healthcare Acquisitions Annual Data

Trend

Dec21

Dec22

PB Ratio

Gardiner Healthcare Acquisitions Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
PB Ratio	Get a 7-Day Free Trial				-	-	-	-	-

Competitive Comparison of Gardiner Healthcare Acquisitions's PB Ratio

For the Shell Companies subindustry, Gardiner Healthcare Acquisitions'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.

Gardiner Healthcare Acquisitions's PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Gardiner Healthcare Acquisitions's PB Ratio distribution charts can be found below:

* The bar in red indicates where Gardiner Healthcare Acquisitions's PB Ratio falls into.

Gardiner Healthcare Acquisitions 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.

Gardiner Healthcare Acquisitions's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2023)
	=	10.863	/
	=

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Gardiner Healthcare Acquisitions (NAS:GDNRU) 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.

Gardiner Healthcare Acquisitions PB Ratio Related Terms

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