Pioneer Merger (Pioneer Merger) PB Ratio : (As of Jun. 23, 2024)

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What is Pioneer Merger 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 (2024-06-23), Pioneer Merger's share price is $0.0004. Pioneer Merger's Book Value per Share for the quarter that ended in Sep. 2022 was $0.00. Hence, Pioneer Merger's PB Ratio of today is .

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

PACXW' s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 3.34
Current: 1.28

During the past 2 years, Pioneer Merger's highest PB Ratio was 3.34. The lowest was 0.00. And the median was 0.00.

PACXW's PB Ratio is not ranked
in the Diversified Financial Services industry.
Industry Median: 1.78 vs PACXW: 1.28

During the past 12 months, Pioneer Merger's average Book Value Per Share Growth Rate was 11.40% per year.

Back to Basics: PB Ratio

Pioneer Merger PB Ratio Historical Data

The historical data trend for Pioneer Merger'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.

Pioneer Merger PB Ratio Chart

Pioneer Merger Annual Data

Trend

Dec20

Dec21

PB Ratio

Pioneer Merger Quarterly Data
	Oct20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
PB Ratio	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Pioneer Merger's PB Ratio

For the Shell Companies subindustry, Pioneer Merger'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.

Pioneer Merger's PB Ratio Distribution in the Diversified Financial Services Industry

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

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

Pioneer Merger 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2022)
	=	0.0004	/
	=

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.

Pioneer Merger (NAS:PACXW) 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.

Pioneer Merger PB Ratio Related Terms

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