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LSPRW (Larkspur Health Acquisition) PB Ratio : (As of Oct. 31, 2024)


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What is Larkspur Health 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 (2024-10-31), Larkspur Health Acquisition's share price is $0.18. Larkspur Health Acquisition's Book Value per Share for the quarter that ended in Sep. 2022 was $0.00. Hence, Larkspur Health Acquisition's PB Ratio of today is .

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

LSPRW' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 3320
Current: 3.03

During the past 1 years, Larkspur Health Acquisition's highest PB Ratio was 3320.00. The lowest was 0.00. And the median was 0.00.

LSPRW's PB Ratio is not ranked
in the Diversified Financial Services industry.
Industry Median: 1.46 vs LSPRW: 3.03

During the past 12 months, Larkspur Health Acquisition's average Book Value Per Share Growth Rate was 247166.70% per year.

Back to Basics: PB Ratio


Larkspur Health Acquisition PB Ratio Historical Data

The historical data trend for Larkspur Health 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.

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Larkspur Health Acquisition PB Ratio Chart

Larkspur Health Acquisition Annual Data
Trend Dec21
PB Ratio
-

Larkspur Health Acquisition Quarterly Data
Apr21 Sep21 Dec21 Mar22 Jun22 Sep22
PB Ratio Get a 7-Day Free Trial - - - - -

Competitive Comparison of Larkspur Health Acquisition's PB Ratio

For the Shell Companies subindustry, Larkspur Health 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.


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

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

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



Larkspur Health 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2022)
=0.18/
=

* 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.


Larkspur Health Acquisition  (NAS:LSPRW) 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.


Larkspur Health Acquisition PB Ratio Related Terms

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Larkspur Health Acquisition Business Description

Traded in Other Exchanges
N/A
Address
100 Somerset Corporate Boulevard, 2nd Floor, Bridgewater, NJ, USA
Website
Larkspur Health Acquisition Corp is a blank check company.

Larkspur Health Acquisition Headlines

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