GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Kairous Acquisition Corp Ltd (NAS:KACLW) » Definitions » PB Ratio

Kairous Acquisition (Kairous Acquisition) PB Ratio : (As of May. 27, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Kairous 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 (2024-05-27), Kairous Acquisition's share price is $0.0189. Kairous Acquisition's Book Value per Share for the quarter that ended in Mar. 2024 was $0.00. Hence, Kairous Acquisition's PB Ratio of today is .

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

KACLW' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 9850
Current: 4.27

During the past 3 years, Kairous Acquisition's highest PB Ratio was 9850.00. The lowest was 0.00. And the median was 0.00.

KACLW's PB Ratio is ranked worse than
78.15% of 508 companies
in the Diversified Financial Services industry
Industry Median: 1.9 vs KACLW: 4.27

During the past 12 months, Kairous Acquisition's average Book Value Per Share Growth Rate was -33.80% per year.

Back to Basics: PB Ratio


Kairous Acquisition PB Ratio Historical Data

The historical data trend for Kairous 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.

Kairous Acquisition PB Ratio Chart

Kairous Acquisition Annual Data
Trend Jun21 Jun22 Jun23
PB Ratio
- - -

Kairous Acquisition Quarterly Data
Apr21 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 Premium Member Only - - - - -

Competitive Comparison of Kairous Acquisition's PB Ratio

For the Shell Companies subindustry, Kairous 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.


Kairous Acquisition's PB Ratio Distribution in the Diversified Financial Services Industry

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

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



Kairous 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=0.0189/
=

* 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.


Kairous Acquisition  (NAS:KACLW) 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.


Kairous Acquisition PB Ratio Related Terms

Thank you for viewing the detailed overview of Kairous Acquisition's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Kairous Acquisition (Kairous Acquisition) Business Description

Traded in Other Exchanges
Address
No. 685, Jalan Damansara, Unit 9-3, Oval Tower @ Damansara, Taman Tun Dr. Ismail, Kuala Lumpur, MYS, 60000
Kairous Acquisition Corp Ltd is a blank check company.

Kairous Acquisition (Kairous Acquisition) Headlines

From GuruFocus

Wellous Announces Key Leadership Appointments

By Stock market mentor Stock market mentor 01-31-2023