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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 (2024-12-14), Southport Acquisition's share price is $11.15. Southport Acquisition's Book Value per Share for the quarter that ended in Sep. 2024 was $1.14. Hence, Southport Acquisition's PB Ratio of today is 9.79.
The historical rank and industry rank for Southport Acquisition's PB Ratio or its related term are showing as below:
During the past 3 years, Southport Acquisition's highest PB Ratio was 10020.00. The lowest was 0.00. And the median was 0.00.
During the past 12 months, Southport Acquisition's average Book Value Per Share Growth Rate was -72.10% per year.
The historical data trend for Southport 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.
Southport Acquisition Annual Data | |||||||
Trend | Dec21 | Dec22 | Dec23 | ||||
PB Ratio | - | 1.24 | 2.55 |
Southport Acquisition Quarterly Data | ||||||||||||||
May21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
PB Ratio | Get a 7-Day Free Trial | 2.59 | 2.55 | 7.81 | 8.31 | 9.66 |
For the Shell Companies subindustry, Southport 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.
For the Diversified Financial Services industry and Financial Services sector, Southport Acquisition's PB Ratio distribution charts can be found below:
* The bar in red indicates where Southport Acquisition's PB Ratio falls into.
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.
Southport Acquisition's PB Ratio for today is calculated as follows:
PB Ratio | = | Share Price | / | Book Value per Share (Q: Sep. 2024) |
= | 11.15 | / | 1.139 | |
= | 9.79 |
* 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:
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.
Southport Acquisition (OTCPK:PORT) 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.
Thank you for viewing the detailed overview of Southport Acquisition's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Jennifer Nuckles | director | 234 1ST ST, SAN FRANCISCO CA 94105 |
Matthew Royce Hansen | director | C/O SOUTHPORT ACQUISITION CORPORATION, 1745 GRAND AVENUE, DEL MAR CA 92014 |
Sigmund Anderman | director | ELLIE MAE, INC., 4420 ROSEWOOD DRIVE, SUITE 500, PLEASANTON CA 94588 |
Jeb S. Spencer | director, 10 percent owner, officer: Chief Executive Officer | C/O SOUTHPORT ACQUISITION CORPORATION, 1745 GRAND AVENUE, DEL MAR CA 92014 |
Gates Cathleen Schreiner | director | C/O SOUTHPORT ACQUISITION CORPORATION, 1745 GRAND AVENUE, DEL MAR CA 92014 |
Jared Walker Stone | director, 10 percent owner | C/O SOUTHPORT ACQUISITION CORPORATION, 1745 GRAND AVENUE, DEL MAR CA 92014 |
Southport Acquisition Sponsor Llc | 10 percent owner | C/O SOUTHPORT ACQUISITION CORPORATION, 1745 GRAND AVENUE, DEL MAR CA 92014 |
David Mark Winfield | director | C/O SOUTHPORT ACQUISITION CORPORATION, 1745 GRAND AVENUE, DEL MAR CA 92014 |
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