LEGT (Legato Merger III) PB Ratio: 1.15 (As of Jul. 26, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LEGT Legato Merger Corp III LEGT
17 GF Score
Price $9.52
! 1 Warning Sign
View Full Analysis

What is Legato Merger III PB Ratio?

Legato Merger III LEGT 17 PB Ratio is 1.15 as of Jul. 26, 2026. GuruFocus rates LEGT with a GF Score™ of 17/100. The stock has 1 warning sign investors should review. Among 462 Diversified Financial Services companies, Legato Merger III ranks better than 72.51% 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 (2026-07-26), Legato Merger III's share price is $9.52. Legato Merger III's Book Value per Share for the quarter that ended in Feb. 2026 was $8.31. Hence, Legato Merger III's PB Ratio of today is 1.15.

The historical rank and industry rank for Legato Merger III's PB Ratio or its related term are showing as below:

LEGT' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.15
Current: 1.15

During the past 3 years, Legato Merger III's highest PB Ratio was 1.15. The lowest was 0.00. And the median was 0.00.

LEGT's PB Ratio is ranked better than
72.51% of 462 companies
in the Diversified Financial Services industry
Industry Median: 1.39 vs LEGT: 1.15

During the past 12 months, Legato Merger III's average Book Value Per Share Growth Rate was 3.90% per year.

Back to Basics: PB Ratio


Legato Merger III  (AMEX:LEGT) 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.


Legato Merger III PB Ratio Related Terms


Legato Merger III PB Ratio Historical Data

* Premium members only.

The historical data trend for Legato Merger III'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.

Legato Merger III PB Ratio Chart

Legato Merger III Annual Data
Trend Nov23 Nov24 Nov25
PB Ratio
0.00 1.29 1.31

Legato Merger III Quarterly Data
Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.30 1.31 1.31 1.31 1.31

LEGT vs SCII, QADR, CAQ: PB Ratio Comparison

For the Shell Companies subindustry, Legato Merger III'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.


Legato Merger III PB Ratio vs Diversified Financial Services Industry

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

* The bar in red indicates where Legato Merger III's PB Ratio falls into.


LEGT
17GF Score
Legato Merger Corp III LEGT
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Legato Merger III 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.

Legato Merger III's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Feb. 2026)
=9.52/8.309
=1.15

* 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 1.15 mean?
Legato Merger III (LEGT) has a PB Ratio of 1.15 as of Jul. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Legato Merger III and its competitors. According to the industry distribution chart, Legato Merger III ranks #127 out of 462 companies in the Diversified Financial Services industry, placing it in the top 27.5%.
Is Legato Merger III's PB Ratio too high?
Legato Merger III's current PB Ratio is 1.15. The Diversified Financial Services industry median PB Ratio is 1.39. Legato Merger III's value of 1.15 is 17.3% below this industry median. Based on the distribution chart, Legato Merger III ranks #127 out of 462 companies in the Diversified Financial Services industry, which is above the industry midpoint. Overall, Legato Merger III has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Legato Merger III's PB Ratio compare to SCII and QADR?
According to the Diversified Financial Services industry distribution chart, Legato Merger III ranks #127 out of 462 companies for PB Ratio. This puts Legato Merger III in the upper half of its industry. The industry median PB Ratio is 1.39. Legato Merger III's value of 1.15 is 17.3% 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 462 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. Legato Merger III's current PB Ratio of 1.15 is 17.3% 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 Legato Merger III 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. Legato Merger III's current PB Ratio is 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legato Merger III stock overvalued right now?
Legato Merger III (LEGT) has a current PB Ratio of 1.15. The current PB Ratio is 1.15 and 17.3% below the Diversified Financial Services industry median of 1.39. Legato Merger III's overall GF Score™ is 17/100 with 1 warning sign 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 Legato Merger III (LEGT), the current PB Ratio is 1.15 as of Jul. 26, 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.

Legato Merger III Business Description

Address 777 Third Avenue, 37th Floor, New York, NY, USA, 10017
Legato Merger Corp III is a blank check company.
17GF Score

Get the complete analysis for LEGT

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

$9.52
Price