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Keen Vision Acquisition (Keen Vision Acquisition) PB Ratio : 1.32 (As of Jun. 04, 2024)


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What is Keen Vision 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 (2024-06-04), Keen Vision Acquisition's share price is $10.56. Keen Vision Acquisition's Book Value per Share for the quarter that ended in Mar. 2024 was $7.97. Hence, Keen Vision Acquisition's PB Ratio of today is 1.32.

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

KVAC' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 10280
Current: 1.32

During the past 3 years, Keen Vision Acquisition's highest PB Ratio was 10280.00. The lowest was 0.00. And the median was 0.00.

KVAC's PB Ratio is ranked better than
65.79% of 497 companies
in the Diversified Financial Services industry
Industry Median: 1.85 vs KVAC: 1.32

During the past 12 months, Keen Vision Acquisition's average Book Value Per Share Growth Rate was 797300.00% per year.

Back to Basics: PB Ratio


Keen Vision Acquisition PB Ratio Historical Data

The historical data trend for Keen Vision 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.

Keen Vision Acquisition PB Ratio Chart

Keen Vision Acquisition Annual Data
Trend Dec21 Dec22 Dec23
PB Ratio
- - 1.31

Keen Vision Acquisition Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.31 1.31 1.31

Competitive Comparison of Keen Vision Acquisition's PB Ratio

For the Shell Companies subindustry, Keen Vision 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.


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

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

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



Keen Vision 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=10.56/7.974
=1.32

* 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.


Keen Vision Acquisition  (NAS:KVAC) 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.


Keen Vision Acquisition PB Ratio Related Terms

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Keen Vision Acquisition (Keen Vision Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
37 Greenbriar Drive, Summit, NJ, USA
Website
Keen Vision Acquisition Corp is a blank check company.
Executives
Kvc Sponsor Llc 10 percent owner 37 GREENBRIAR DRIVE, SUMMIT NJ 07901
Albert Cheung-hoi Yu director 37 GREENBRIAR DRIVE, SUMMIT NJ 07901
Ronald Adolphus Li director 37 GREENBRIAR DRIVE, SUMMIT NJ 07901
Alex Davidkhanian director, officer: Director and CFO 37 GREENBRIAR DRIVE, SUMMIT NJ 07901
Yibing Ding director 37 GREENBRIAR DRIVE, SUMMIT NJ 07901
Wong Ka Chun Kenneth director, officer: Chairman and CEO 37 GREENBRIAR DRIVE, SUMMIT NJ 07901